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What is Shakepay Shaking SATS
Shakepay Shaking SATS is a “secret” promo where Shakepay will give you free Bitcoin daily by simply shaking your phone.
When you shake your phone with the Shakepay app open – you will be rewarded with free Satoshis (BTC) daily.
This easter egg is only available to users who signed up with a Shakepay referral code or referred a friend to Shakepay.
The more days in a row you shake, the longer your reward streak will be. The more BTC you will earn.
SATS is short for satoshis, which is the smallest denomination of a Bitcoin (0.00000001 BTC).
There are 100 million satoshis in one Bitcoin.
You can shake your phone and earn the ShakingSats reward once per day.
Update (May 10, 2023) to ShakingSATS:
There are now two tiers of payouts to the ShakingSATS rewards program; ‘active stackers’ and ‘inactive stakers’.
Active stackers will continue to get the daily satoshi rewards as written in this post.
Inactive stackers will only get 21 sats per day.
To be considered active on Shakepay you need to make a least one buy or sell transaction per week.
I have a small recurring weekly buy set up and am continuing to get the rewards.
How To Get Bitcoin Rewards on Shakepay
How to activate Shaking SATS in 5 steps:
- Sign up to Shakepay with a referral link
- Verify your account
- Deposit $100 CAD into your Shakepay account (e-transfer)
- Buy BTC or ETH
- Start shaking for free SATS everyday
You need to sign up with a referral link/code to qualify for the #ShakingSats Reward.
Every day open your Shakepay app on your phone and give it a good shake to earn some free satoshis (Bitcoin).
Keep the streak going to increase your earnings. Every day you log in and give your phone a shake you will earn more Bitcoin.
Yes, this sounds like a scam and it’s too good to be true. But, I have been doing it for a number of years now and am super happy with the results. I have been able to cash out my earnings or send the BTC to my wallet.
When you sign up to Shakepay for the first time and make your initial $100 deposit, you will also receive a $5 CAD bonus in your account.
I have been using the free shaking sats earning to cover fees when buying Bitcoin.
How to Shake Phone on Shakepay
- Open Shakepay App
- Shake Your Phone
- Repeat Daily (every 24 hours)
On my Android phone, I give my phone a long slow up-and-down shake.
My friend just shakes her wrist a little to make it work on her iPhone.
It took a bit for me to figure out what motion worked best to activate my device.
At the start, I was shaking my phone like a madman. That wasn’t necessary and just a simple slow-up and motion was all I needed to do.
Shakepay Shaking Streak
Streaks are how many days in a row you shake your phone to earn SATS.
You can see in the image above that my shake streak is 504 days and I have earned over one million sats.
The longer your streak the higher your free satoshi rewards will be – each day growing by a small amount of SATS.
Below is a screenshot from my Shakepay app that shows 1000 satoshis or 0.00001 BTC being deposited daily for shaking.
Miss a day and the amount you earn each day will reset back to day 1.
Don’t worry – you will still be able to keep the Bitcoin you earned up until your streak is reset and start building it up again.
How much is 1000 Satoshi worth?
Satoshi to BTC Converter: 1 Satoshi = 0.00000001 Bitcoins. Or about $0.20 to $0.50 CAD. Depends on the price of Bitcoin.
Rewards on day 1 start at 100 satoshis. Shakepay shaking sats rewards current maximum is 1000 satoshis on day 365 of a streak. These rewards are subject to change at any time.
Yes, this means you can earn free Bitcoin on your phone.
Shakepay shaking sats lowered?
Shakepay has in the past lowered the rewards and changed the cap as the price of Bitcoin has gone up in value.
Is there a cap to the rewards on Shakepay?
Yes. Currently, the cap is a 365-day streak and 1000 Satoshis a day reward.
This is about 30 – 50 cents a day based on the current Bitcoin price.
Referral Code Not Working?
1. Go to: shakepay.com/add-referral
2. Add Referral Code: FM8INVL
It may take up to 24 hours for the $5 referral bonus to be added to your account.
Forgot to Add a Referral Code?
You can add a referral code up to 30 days after signup.
Go to: shakepay.com/add-referral – Add Referral Code: FM8INVL
Do I need to refer a friend to get #ShakingSATS?
You can use a referral link to sign up for Shakepay or refer a friend to activate the ‘shaking SATS rewards’ promo.
How often can you shake on Shakepay?
You can shake your phone every 24 hours. It resets at midnight.
Shakepay shaking not working?
Delete the app and reinstall it. Or change your shake motion. Try slow, long shakes. Try holding the phone vertically or horizontally. Try fast little wrist rotation wiggles.
How much BTC do you get from Shakepay Shaking SATS rewards?
100 SATS on day 1, valued at about 9 cents in Canadian dollars. The Shakepay max shake is 1000 SATS on day 365, valued at about 40 cents. This amount seems small but this does add up over time. The amount of satoshi rewards given or this promo could end at any time.
Is Shakepay a Wallet?
No. Shakepay is a crypto exchange. A crypto wallet will give you a 12 or 24 word seed phrase to secure your crypto assets. Shakepay has NO seed phrase to back up your funds. This means you trust them. It is always best practice to send BTC to your own wallet.
Read how to send BTC from Shakepay to Wallet.
How do I send money to Shakepay?
Interac e-transfer is the easiest, fastest lowest fee way to send $100 CAD to Shakepay to buy Bitcoin. They also accept wire transfers.
Is Shakepay Safe and Legit?
Yes, Shakepay is so far safe to use. Shakepay is registered with FINTRAC as a virtual currency dealer and as a transfer service provider. It’s licensed to operate in all of Canada’s provinces and territories—even in Ontario. In Quebec, it’s registered with the AMF.
Don’t have a Shakepay referral code?
Use the referral code: https://shakepay.me/r/FM8INVL and we both get $5!
Shakepay ShakingSATS Summary
The Shakepay shake rewards program is a great way to earn free Bitcoin (SATS).
I recommend Shakepay to my friends who are buying a small amount of BTC or are looking for an easy platform to use to make their first crypto purchase.
I have been using Shakepay for 2 years with no problems. Nor have I read of any issues on Reddit or Twitter that would make me question their reputation or think they scam their customers.
They claim they have over 600,000 Canadian customers which would make them one of the top cryptocurrency exchanges in Canada based on the number of users.
Get $5 Shakepay Bonus + Shaking SATs Bitcoin Rewards
Use this referral code: FM8INVL or this link https://shakepay.me/r/FM8INVL to sign up and get a $5 bonus and unlock the Shakepay #ShakingSats BTC rewards promo!
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.
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HowToBuyBitcoin101.com is basic how-to crypto guides, reviews, and information for beginners to get started with cryptocurrency in Canada. Personal investment disclosure: I am long BTC & ETH. I take profits when I feel like it. I trade altcoins in hot markets. NOT investment advice. Investing in cryptocurrency is risky. Do your own research.
Seen in: Finbold, CoinMarketCap, and TheBitTimes.com