We’re super excited to share some updates with the community today. Shakepay is now commission-free!
Old fee: 0.75%
New fee: 0%
Over the last few months, we’ve reduced our cost of operations and we’re passing these savings along to our customers. This means more bitcoin for your buck when buying and selling on Shakepay.
All funding details remain the same (tl;dr: fast & no fees)
But Shakepay, how do you make money?
In short, Shakepay captures the difference between the buy and sell prices.
With more transactions on Shakepay, we’re able to take the other side of our customer purchases reducing our cost of operations and, in effect, reducing the prices for all transactions.
Our mission is to create open access to building wealth and that starts by giving our customers more bitcoin for their buck.