You will receive a code via text and be required to enter the code. When you have provided your email address and created your username and password, the next step is verifying your email address along with other identifying information you’ll be asked to provide next.Īfter confirming your email, you’ll be asked to provide your mobile phone number as part of Shakepay’s optional two factor authentication protocols. With great customer service and an equally great reputation, Shakepay excels from a security standpoint. Plus, all assets with Shakepay are insured under the exchange’s insurance policy. If this weren’t enough, private keys and two factor authentication are also used to secure your digital assets. Given the prevalence of hacking and compromised security in today’s day and age, cold storage is a must for any modern crypto broker. When you store crypto with cold storage, there’s no need to worry about the safety and security of your crypto investments. If you’re new to crypto, cold storage means Bitcoin and Ethereum bought and sold on the exchange is stored offline with a secure cold storage provider. This alone makes Shakepay safe compared to many other exchanges operating without any government oversight. In addition to being a licensed Money Service Business in Canada, Shakepay is regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Shakepay has proven itself to be exceptionally safe thus far. The Complete Crypto Mining Singapore Guide 2022.Which is the Best Crypto Wallet Singapore in 2022?.Which Canadian Banks allow cryptocurrency.The 4 Best Crypto Platforms Canada 2022.Which is the Best Crypto Wallet Canada in 2022?.
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