Head-to-head · Updated August 2026
Shakepay vs Wealthsimple Crypto: Which is Better for Canadians in 2026?
BuyBitcoin.ca Editorial Team
Canadian crypto researchers · methodology
The short answer
If crypto is your only concern and you want Bitcoin rewards, Shakepay is the better standalone app. If you already use Wealthsimple for stocks or your TFSA, adding crypto in the same app is worth the essentially-equal fees.
Feature-by-feature
| Category | Shakepay | Wealthsimple Crypto |
|---|---|---|
| Simplest app | ||
| Existing Wealthsimple users | ||
| Bitcoin rewards | ||
| Coin selection | ||
| Fee structure | ||
| One-account investing | ||
| Maker / Taker fee | 1.5% / 1.5% | 1.5% / 1.5% |
| Coins supported | 8+ | 60+ |
| Rating | 4.5 / 5 | 4.1 / 5 |
Shakepay — the strengths
- Excellent mobile app
- Free CAD deposits/withdrawals
- Bitcoin rewards program
Where Shakepay falls short
- Fees baked into spread
- Limited coin selection
- Not ideal for large trades
Wealthsimple Crypto — the strengths
- Fully regulated CSA platform
- Great for existing Wealthsimple users
- Simple, clean UI
Where Wealthsimple Crypto falls short
- 1.5-2% operations fee
- No advanced trading tools
- Limited advanced order types
Our verdict
If crypto is your only concern and you want Bitcoin rewards, Shakepay is the better standalone app. If you already use Wealthsimple for stocks or your TFSA, adding crypto in the same app is worth the essentially-equal fees.
Still comparing? See our full ranking of the best Canadian crypto exchanges or plug your amount into the fee calculator to see the exact all-in cost.
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