As you may have seen over the two months, I am obsessed with Shake Pay. If you are in Canada, you can shake your phone daily and receive a daily increasing amount of Bitcoin for every consecutive day you shake. The top cap for the daily shake sats earn is 1000 sats or $0.17 USDC per day.
The other way to earn satoshis is by using the prepaid Visa that links to the digital wallet in your phone for NFC payments. When you tap with the digital Visa to pay for your purchase, Shake Pay returns 3% to your wallet in Bitcoin upon settlement.
In a tweet today the Shake Pay developers made a smart business decision by marrying these two income streams starting May 11th, 2023.
There will now be 2 tiers of stackers. Active and Inactive.
Active Stackers are those who have used their Visa in the last 7 day period.
Inactive Stackers are those who have not.
A change in status will not affect your Shake streak, but will change the amount of sats you receive. If you are active your shaking will net your regular amount of sats. If your status in Inactive, you will receive 21 sats for your trouble.
The good news is that buying 1 coffee (or whatever) is enough to shift your status from Inactive to Active.
As I said this is a smart business decision for the Shake Pay devs. They are no doubt receiving fees for the Visa purchases so adding heavier incentives to Shakers to use that feature will only make their business model more successful. This is not really a problem for me as I was using this feature on a regular basis to begin with.
I would suggest loading $20 per pay cheque to make sure you have some CAD in the app and use it for your Monday morning coffee. Its still free bitcoin but with an extra hoop to jump through.
The good news is that you can still add 21 per day for free.
Read the whole announcement here.
Referral links if you want to start earning with me:
Invitation
https://invitation.codes/@1BTCProject
KuCoin
https://www.kucoin.com/ucenter/signup?rcode=rM3Y31U
Binance
https://www.binance.com/en/activity/referral-entry/CPA?fromActivityPage=true&ref=CPA_00IM6PD2BT
COINapp
Cointiply
Publish0x
https://www.publish0x.com/?a=xkaz6G87aJ
SWEAT Coin
Pi Mining App:
minepi.com/MrBorington
Coinbase
https://coinbase.com/join/hutchi_am?src=referral-link
Netcoins
https://netcoins.app/r?ac=M8P892
Shake Pay
Keep building!
As always you can join the conversation on Twitter @1BTCproject
And keep track of my crypto journal on my other blog - http://635ed752b3bfb.site123.me/
