Shakepay vs Kraken
Compare where to buy or sell Bitcoin & crypto.
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Read: Shakepay Review
Shakepay Fees
- Deposits and withdrawals: $0
- Spread: ~1 to 2%
- Crypto withdrawal: Free
Funding & Withdrawal Options
- Interac E-Transfer
- Wire Transfers
- Pre-authorized Debit
Cryptocurrencies: 2
Shakepay Pros
- No fee crypto withdraws
- Simple app UI/UX
- Earn Bitcoin cashback reward with a prepaid Visa debit card
- *NEW – Dark mode
- Shakepay ShakingSATS
- Shakepay Card for BTC Rewards
Shakepay Cons
- Limited coin selection
- High spread fee
- Mobile app only
Read: Kraken Review
Kraken Fees
- Fiat Deposits: 1.5%
- Spread: 0 to 0.26% per trade
- Crypto withdrawal: 0.00001 BTC
Funding & Withdrawal Options
- Interac E-Transfer
- Wire Transfer (Etana Custody)
- In-person at Canada Post
Cryptocurrencies: 65+
Kraken Pros
- One of the oldest exchanges in crypto
- Full trade platform
- Crypto to crypto trading pairs
- 24/7 live chat support
- Low spread fee
Kraken Cons
- Complicated fee structure
- Not as beginner-friendly
- 1.5% deposit fee on fiat
- High crypto withdrawal fee
Get $10 USD in BTC – Kraken Sign-Up Bonus when you use the app →
Compare More Top Canadian Crypto Exchanges
Spread % | Withdraw Fee | Deposit Fee | # of Coins | ||
1 - 2% | $0 | $0 | 2 | ||
0.75-1.5% | Crypto: Free up to $5 | $0 | 60+ | ||
0.2% | Crypto:~$10 | $0 | 30+ | ||
0.5% | Fiat: $0 | $0 | 30+ | ||
0 - 1.5% | Fiat: 1.5% | $0 | 25+ | ||
0.2 - 0.3% | Crypto: 0.00001 BTC | Fiat: 1.5% | 65+ | ||
~0.2% | Fiat: 1% | Fiat: 0 - 1.5% | 16+ | ||
0.5 - 2.5% | Fiat: $0 | $0 | 67+ | ||
0.5% | 1.49 - 3.99% | 1.49 - 3.99% | 100+ | n/a | |
~1.5 - 2% | $0 | $0 | 49+ | ||
~0.4% | Crypto:~$13 | $0 | 100+ | ||
0.6% | $0 | $0 | 7 stablecoins | n/a | |
0.5 - 1.25% | Crypto: you decide fee | $0 | 1 | n/a | |
1.5% | Fiat: 0 - 1.5% Crypto: 0.0005 BTC | $0 | 39+ | n/a | |
0.21% | Variable | $0 | 1 | n/a |