Introducing speed options for sending crypto
Sending crypto for free is great, but what if you need to move a small amount or you want to move your crypto faster? 🤔
When we built Shakepay, we wanted to cover the fees to send crypto so you don’t have to, but the downside was that we had to compromise on the minimum withdrawal amount or the speed at which you could move your crypto.
Our latest app update changes that. To give you more flexibility and control, we now give you the power to select different transaction speeds when sending crypto.
Choose normal speed and we cover the fee for you, or choose fast speed, pay the fee yourself, and quickly send your crypto. 🚀
Here’s what’s new.
Choose your speed
When sending crypto, you now have the option to select your transaction speed:
- Normal speed: Your crypto will be sent in less than 12 hours, and we cover the fees for you. The smallest amount you can withdraw is 0.0005 BTC or 0.025 ETH.
- Fast speed: If you want your crypto to be sent more quickly (in approximately 10 minutes), you can choose to cover the transaction fee yourself. The fee is based on the current on-chain fee rates. The smallest amount you can withdraw is 0.00005 BTC. There’s no minimum for ETH.
What if I love speed, but hate fees?
No sweat – we got you. To say thanks for being a shaker, you get one free fast transaction per month. It’s on the house. ✌️
Try it out for yourself
Just update your app to the latest version, sign in, and the new speed options will appear when you send crypto.
These options were designed to combine speed with simplicity to make it easier for you to send crypto the way you prefer.
Still have questions? Take a look at our FAQ.