I must repeat this. As clearly as I can.
If you live in Canada, you need to download Shake Pay.
There is no easier way to Dollar Cost Average your Bitcoin than this app.
Currently there are 7 ways to use Shake Pay to accumulate Bitcoin and average down your cost base.
-Shaking Sats
- Free Sats
-Cashback
- Sort of free Sats
-Shake Squads
- Sort of free Sats
-Purchasing
- Paid Sats
-Secret Sats
- Free Sats
- Unofficial Swear Sats
- Punishment paid Sats
and most recently Round Up.
- Tacked onto purchase Sats.
Round up is an effective way to purchase Bitcoin. The name explains the process. When you make you purchase using Shake Pay, the app will use the difference between your purchase price and the next dollar amount to buy Bitcoin on you behalf.
You have to opt into the Round Up program but it is worth it.
If you have Shake Pay and have opted into Round Up you are adding 3% of your purchase price to your BTC position, at a cost base of $0. You will alost be adding several hundred Sats at current market price.
This in combination with the daily shaking sats at a cost base of $0 you can quickly build up a good amount of Bitcoin with very little effort or cash output.
For the Month of July I plan on going on a cash only diet and run as many of my day to day purchases through Shake Pay to see how my position grows.
The only issue I have with the Round Up is that in the transaction log it is market as just a purchase and not a round up. This is only an issue for me because I am tracking things so closely. I imagine this would not be a problem for literally anyone else.
Shake Pay continues to add useful features and continues to bring itself more in line with compliance rules in Canada. It doesn't offer any leverage or staking so compared to other platforms the third party risk is low. Its only offers BTC or ETH. No Alts, No DeFi, no Shitcoins, no Scams. I cannot emphasize how useful this app is for Canadians to build a crypto position. If you live in Canada and haven't joined Shake Pay you really should. If you are a Shaker, please invite me to your shake quad. If you don't live in Canada I am sorry that you are missing out.
Referral links if you want to start earning with me:
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: https://ca01.z.antigena.com/l/bUNT-vWyii82KEHdfPLA_kH40aUpos9HwKZTcpIYol_txtCGcEN5d~m~QtzH6vvBtAf239EQnQcfcbFnP-gxbkKcbQoPqbKKCmNXOs~9TtIiA8EWN8p_MWUo-wwoyeAyyA-ZcQeKs2ipyNDfTX9Qr7t7~lNq__3DlRub
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