Canada/Shakepay - How do I withdraw using bitcoin?

**Optional** · 09-03-23, 05:51 PM

Originally posted by juvunits

I’ve never withdrawn using bitcoin. I’m just wondering where to start. Is there a tutorial on site somewhere? I’m in Canada, I don’t now if that makes a difference. I used shakepay to deposit. Am I able to withdraw to shake pay? And then to my bank account. Do I need some sort of other wallet in between. Just wondering if someone can point me in the right direction Thank you

You can just add a Bitcoin (BTC) wallet to your Shakepay account and have it sent there;

Shakepay Help Center

https://help.shakepay.com/en/articles/2712384-how-can-i-add-crypto-to-my-shakepay-account-online

Shakepay Help Center

**juvunits** · 09-03-23, 05:54 PM

Originally posted by Optional

You can just add a Bitcoin (BTC) wallet to your Shakepay account and have it sent there;

https://help.shakepay.com/en/article...account-online

So I can add the crypto from the sports book. In the rules and regulations it says something about unlawful activity should I be worried about this?

**Optional** · 09-03-23, 06:37 PM

Originally posted by juvunits

So I can add the crypto from the sports book. In the rules and regulations it says something about unlawful activity should I be worried about this?

I have always recommended using a wallet you control yourself at one end of every single transfer you make. IE: dont send direct from one company to another directly. So I would do that if you can work it out and are able.

I don't know if Shakepay terms say no gambling use, but I would doubt it as it's not a USA company. That's what you need to check for specifically.

Another Canadian will soon find this thread and give you more/better advice on that angle. I'll add Canada to your thread title to help them see it.

**juvunits** · 09-03-23, 06:51 PM

Originally posted by Optional

I have always recommended using a wallet you control yourself at one end of every single transfer you make. IE: dont send direct from one company to another directly. So I would do that if you can work it out and are able.

I don't know if Shakepay terms say no gambling use, but I would doubt it as it's not a USA company. That's what you need to check for specifically.

Another Canadian will soon find this thread and give you more/better advice on that angle. I'll add Canada to your thread title to help them see it.

Do you know what the safest wallet is to use? Canadian or not. Thanks for your input

**garyking** · 09-04-23, 03:27 PM

I can't tell you for sure, I have shakepay but always withdraw to another wallet first. The one I use is edge and never had a problem. The fees are minimal usually under a dollar and just didn't want to take a chance.

**Krashman** · 09-04-23, 06:27 PM

I have always withdrawn from books to an intermediate wallet, then from there send it to Shakepay.

Then you just do a few clicks to sell it on their exchange and it will be in your CAD wallet.

Then you can just send it to your bank account that you registered with them. It is sent from Shakepay via Interac e-transfer. Normal takes less than an hour.

Make sure your Shakepay account status is verified to avoid delays.

HEADS UP, I recently received BTC valued more than $1000 CAD and it triggered a questionaire, wanting to know the source of the transfer. Then the funds were locked for about an hour.