Rewards

Last updated: March 7, 2024

If you have a Shakepay account, you may be allowed to earn certain rewards as part of one of our rewards programs. For any of the programs detailed below, all relevant sections of the Terms of Use shall apply, including but not limited to definitions, the warranty and the limitation of liability sections. Shakepay reserves the right at any time to modify, suspend or cancel the rewards, the use of Referral Codes (as defined below) or participation in any rewards program for any or all Shakepay customers, at its sole discretion and without prior notice.

Shakepay Platform Referral Program

When you sign up for Shakepay, you will have access to a unique code and/or URL which includes the unique code (the “Referral Code”) that allows you to refer a friend to Shakepay and earn rewards (the “Referral Program”). For the purposes of the Referral Program, Shakepay tracks the use of the Referral Code to identify any new customer that signs up using a Referral Code (the “Referee”).

Advertising the Referral Code

You may share your Referral Code in any manner you deem appropriate, as long as you conform to this section. You may share the Referral Code through various sharing functions of your mobile device, your website, share it through email or other communication means, or embed it in graphical advertisements (“Ads”). Shakepay reserves the right, at its sole discretion, to demand the cessation of your use of any Ad, whether it violates a prohibition in this section or not. You shall be responsible for ensuring that your Ads do not violate or infringe upon any laws or the rights of any third party. We will not be responsible for any use of the Referral Code in your Ads. You may use the Shakepay name and logo only in the context of your use of the Referral Code or creation of Ads, and in conformity with all the obligations in this section and any other rules communicated to you.

When using the Referral Code or the Shakepay name and logo, you represent and warrant that you shall not:

1. violate any law, including Canadian or any other anti-spam legislations; and,

2. violate any third party right, including any intellectual property right; and,

3. promote, advocate or include violence, racial intolerance, gambling, illicit drugs, hacking or other nefarious technological activity, illegal activity or infringement on the legal rights of others; and,

4. misrepresent to the public anything related to Shakepay.

Shakepay Platform Referral Rewards

A one-time reward (the “Referral Reward”) shall be credited into both your and the Referee’s account within 5 business days of the purchase by the Referee of digital currency worth $100 CAD or more, in one or multiple transactions. The Referral Reward will vary depending on the Referree sign up date, as outlined below:

Referee sign up date	Referral Reward ($CAD)
Before December 1, 2020	10
Between December 2, 2020 and April 15, 2021*	30
Between May 11, 2021, and May 18, 2021**	30
Between April 16, 2021, and November 2, 2021	10
Between November 3, 2021 and September 30, 2022	30
Between October 1st, 2022 and February 9, 2023	10
Between February 10, 2023 and March 7, 2024	5
As of March 7, 2024	20

*provided that the purchase of digital currency worth $100 CAD or more is done within thirty (30) days following Referee sign up.

**provided that the purchase of digital currency worth $100 CAD or more is done by or before May 18, 2021.

You may earn many Referral Rewards, one for every Referee that purchases in digital currency the equivalent of $100 CAD or more. In order for you and the Referee to have access to the Referral Reward, the Referee must indicate your Referral Code during their account creation process, or must contact Shakepay support team up to a maximum of 30 days after the creation of their account.

Promotional Shakepay Referral Rewards

Shakepay may also, from time to time, establish special, one time referral rewards programs by which individuals may sign up to the Shakepay Platform using a specific link and/or referral code provided by Shakepay, and earn certain rewards (each, a “Promotional Reward”). Shakepay will determine the value of the Promotional Reward and any additional conditions that may apply to enable you to redeem the Promotional Reward - in such case, documentation associated with the Promotional Reward (“Promotional Materials”) will outline relevant additional details. Any such Promotional Reward shall be credited to your Shakepay account within five (5) business days following the fulfillment of any conditions described in the Promotional Materials. Promotional offers may be terminated and/or revoked by Shakepay at any time, without notice, and will only apply for new accounts created using the promotional code or link during the promotion period, as outlined in the associated Promotional Materials.

Shakepay Card Rewards Program

Card Rewards

Starting December 8, 2021, at 11:59 pm EST, all users that have a Shakepay Card (“Card”) will earn Bitcoin cashback rewards (the “Card Rewards”) on all purchases made with the Card. The Card Rewards will be two percent (2%) for up to a maximum of CAD $5,000.00 of purchases, after which the Card Rewards will be one percent (1%). All rewards are settled directly to the Bitcoin balance of your Shakepay account.

Boost your Card Rewards

From December 8, 2021, and until February 8, 2022 10:00am EST, your Card Rewards will increase by one percent (1%) for each Shakepay user that you invite to the Card, for up to a maximum of two (2) users. For clarity, if you invite one (1) Shakepay user to the Card, your Card Rewards will be three percent (3%) on all purchases done with the Card from the moment the user you invited obtains the Card; and if you invite two (2) Shakepay users to the Card, your Card Rewards will be of four percent (4%) on all purchases done with the Card from the moment the second user you invited obtains the Card. This promotion will be valid throughout the whole period, or up to a maximum of CAD $5,000.00 of purchases.

Shakepay Visa prepaid card is issued by Peoples Trust Company pursuant to licence by Visa Int. *Trademark of Visa International Service Association and used under licence by Peoples Trust Company.

#ShakeSquads Bonus Rewards

Shakepay allows you to create groups (“Squads”) with other Shakepay customers to earn additional rewards (“ShakeSquad Rewards”).

If you have a Card, you can create a Squad, or you may join a Squad to become a “Squad Member”. If you received an invitation to join a Squad but you do not have a Card, you must register for the Card in order to accept the invitation to the Squad. You may only be a part of one Squad at any time, and you can leave a Squad at any time.

Members of a Squad are split into two categories: Contributors and Rookies. A “Contributor” means a Squad member that has made at least one Card purchase. A “Rookie” means a Squad member that has yet to make a purchase with the Card. When a Rookie makes a Card purchase while part of a Squad, they will be automatically upgraded by Shakepay’s software to become a Contributor. A purchase of any size will qualify someone for the upgrade to Contributor.

Rules for ShakeSquad Rewards:

1. Each Card purchase made by a Squad Member will result in a ShakeSquad Reward being awarded to all of the Squad Members who are Contributors of the Squad (but not Rookies) at the moment the transaction is settled; and,

2. The ShakeSquad Reward amount will be fixed by Shakepay, denominated in Bitcoin and will be awarded once per day; and,

3. Shakepay may change the fixed reward amount at any time; and,

4. Shakepay shall limit the maximum number of Squad Members and may change the limit at any time;

5. Shakepay may pause or discontinue ShakeSquad Rewards or stop allowing new Squads to be created at any time; and,

6. Shakepay may close a Squad or remove Squad Members if it believes there is suspicious or fraudulent activity, a breach of any of the legal terms applicable to Shakepay services, or for actions that disrupt the community spirit of Shakepay by interfering with the enjoyment of other people of the ShakeSquad Rewards or any other rewards established by Shakepay.

Shake It Forward

Shake It Forward (“SIF”) is a unique rewards program that permits each Shakepay customer to “pay it forward” when they make a purchase. Unlike our other rewards programs, SIF is a shaker-to-shaker program: it’s peer-to-peer rewards that you will automatically receive, but you must opt-in to give (at the time that you make a purchase using your Shakepay Card, or at any other time). SIF is entirely optional and there is no penalty or any negative consequence to choosing not to participate in SIF as someone who pays it forward.

If you choose to participate in SIF, Shakepay will allow you to choose an amount of your CAD balance to be allocated to the payment of a purchase of a corresponding amount by another shaker, randomly chosen by Shakepay. Shakepay acts as your agent to find another Shakepay customer, and then deduct the amount of money that you’ve selected from your account and transfer it to the other person through a peer-to-peer money transfer.

This means that after each purchase, or at any time while browsing your application, you can choose an amount, of a minimum value of $1 CAD, and decide to allocate it to SIF. When you do this, the chosen amount is automatically debited from your CAD balance and held by Shakepay, until a shaker makes a purchase of a similar amount. That other shaker will receive a note explaining that their purchase has been covered by you.

By deciding to use SIF, you understand and agree that:

1. Your shaketag will be disclosed to the person who will have their purchase paid for by your donation;

2. You cannot choose which person the amount will be forwarded to, nor on which purchase the amount will be applied;

3. Shakepay is not required to, and will not, disclose the identity of any participant in the SIF program. Hence, unless the recipient contacts you to thank you, you will never know who received your money;

4. Every amount you choose to SIF is non refundable and non cancellable.

The goal of this initiative is to encourage kindness in our community of shakers. As such, any hateful messages or note sent through the “thank you” option that violates our Terms of Use may be sanctioned, at Shakepay's sole discretion.

Shakepay’s role in SIF is only as your agent, which you appoint at the time of your decision to pay it forward. You agree that Shakepay’s liability to you as your agent shall be strictly limited to $50. Like all of Shakepay’s rewards programs, Shakepay may choose to suspend discontinue the SIF program at any time, at its sole discretion, with or without prior notice to you.

SecretSats Rewards Program

Shakepay may decide to organize certain challenges that will qualify for rewards upon completion (each one a “Challenge”), as part of our SecretSats Rewards Program. Each Challenge will have steps to follow to be considered "complete", conditions that may apply and a reward for completion. Shakepay may cease offering a Challenge at any time; in such case, Shakepay will try to notify you in advance to allow you to complete a Challenge before it is discontinued. No rewards will be given for Challenges that are not completed by the date of discontinuation.

ShakingSats Program

ShakingSats Rewards

Shakepay offers you the opportunity of earning Satoshis by manually shaking your mobile device (the “ShakingSats Rewards''). To be eligible to the ShakingSats Rewards, you must refer a Referee, or be a Referee, and both must have their identity verified by Shakepay.

To claim your ShakingSats Reward, you must manually shake your mobile device until a screen appears that confirms you have successfully earned the ShakingSats Reward. You can only earn the ShakingSats Reward once per calendar day, and the reward will be deposited directly to the Bitcoin balance of your Shakepay account.

The value of the ShakingSats Rewards varies depending on whether you are an “Active Stacker” or an “Inactive Stacker”, as further described below:

• An “Active Stacker” is someone that used the Shakepay Card or the exchange features of Shakepay (buy or sell digital currencies) at least once within the 7 calendar days prior to claiming the ShakingSats Rewards;

• An “Inactive Stacker” is someone whose latest transaction with the Shakepay Card, or exchange on the application, is more than 7 calendar days old.

The reward value for Active Stackers is based on the table below, for every consecutive day that a ShakingSats Reward is earned. If you maintain your streak alive after you reach the last day of the table, you will continue to earn the rewards associated with that day for each additional day that you keep shaking.

Inactive Stackers will earn a fixed amount of 21 Satoshis per day. Inactive Stackers can still maintain a shaking streak, which will be displayed in the in-app screen confirming you have successfully earned the rewards. As soon as you become an Active Stacker (make a Shakepay Card purchase, or exchange), the value of your ShakingSats Rewards will be adjusted according to the table below and to how many consecutive days you have been earning the ShakingSats Reward.

If you fail to shake your device on any calendar day before midnight EST, your shaking streak will be reset.

ShakingSats Rewards Table for Active Stakers

Streak	Rewards in satoshis
Day 1	50
Day 2	55
Day 3	60
Day 4	70
Day 5	75
Day 6	80
Day 7	85
Day 8	90
Day 9	100
Day 10	105
Day 11	110
Day 12	115
Day 13	120
Day 14	125
Day 15	135
Day 16	140
Day 17	145
Day 18	150
Day 19	155
Day 20	160
Day 21	165
Day 22	170
Day 23	175
Day 24	185
Day 25	190
Day 26	195
Day 27	200
Day 28	205
Day 29	210
Day 30	215
Day 31	220
Day 32	225
Day 33	230
Day 34	235
Day 35	240
Day 36	245
Day 37	250
Day 38	255
Day 39	260
Day 40	265
Day 41	270
Day 42	275
Day 43	280
Day 44	285
Day 45	290
Day 46	295
Day 47	300
Day 48	305
Day 49	310
Day 50	315
Day 51	320
Day 52	320
Day 53	325
Day 54	330
Day 55	335
Day 56	340
Day 57	345
Day 58	350
Day 59	355
Day 60	360
Day 61	365
Day 62	365
Day 63	370
Day 64	375
Day 65	380
Day 66	385
Day 67	390
Day 68	395
Day 69	395
Day 70	400
Day 71	405
Day 72	410
Day 73	415
Day 74	420
Day 75	420
Day 76	425
Day 77	430
Day 78	435
Day 79	440
Day 80	440
Day 81	445
Day 82	450
Day 83	455
Day 84	455
Day 85	460
Day 86	465
Day 87	470
Day 88	470
Day 89	475
Day 90	480
Day 91	485
Day 92	485
Day 93	490
Day 94	495
Day 95	500
Day 96	500
Day 97	505
Day 98	510
Day 99	515
Day 100	515
Day 101	520
Day 102	525
Day 103	525
Day 104	530
Day 105	535
Day 106	535
Day 107	540
Day 108	545
Day 109	545
Day 110	550
Day 111	555
Day 112	555
Day 113	560
Day 114	565
Day 115	565
Day 116	570
Day 117	575
Day 118	575
Day 119	580
Day 120	585
Day 121	585
Day 122	590
Day 123	590
Day 124	595
Day 125	600
Day 126	600
Day 127	605
Day 128	605
Day 129	610
Day 130	615
Day 131	615
Day 132	620
Day 133	620
Day 134	625
Day 135	630
Day 136	630
Day 137	635
Day 138	635
Day 139	640
Day 140	640
Day 141	645
Day 142	645
Day 143	650
Day 144	655
Day 145	655
Day 146	660
Day 147	660
Day 148	665
Day 149	665
Day 150	670
Day 151	670
Day 152	675
Day 153	675
Day 154	680
Day 155	680
Day 156	685
Day 157	685
Day 158	690
Day 159	690
Day 160	695
Day 161	695
Day 162	700
Day 163	700
Day 164	705
Day 165	705
Day 166	710
Day 167	710
Day 168	715
Day 169	715
Day 170	720
Day 171	720
Day 172	725
Day 173	725
Day 174	730
Day 175	730
Day 176	735
Day 177	735
Day 178	740
Day 179	740
Day 180	740
Day 181	745
Day 182	745
Day 183	750
Day 184	750
Day 185	755
Day 186	755
Day 187	760
Day 188	760
Day 189	760
Day 190	765
Day 191	765
Day 192	770
Day 193	770
Day 194	770
Day 195	775
Day 196	775
Day 197	780
Day 198	780
Day 199	785
Day 200	785
Day 201	785
Day 202	790
Day 203	790
Day 204	790
Day 205	795
Day 206	795
Day 207	800
Day 208	800
Day 209	800
Day 210	805
Day 211	805
Day 212	810
Day 213	810
Day 214	810
Day 215	815
Day 216	815
Day 217	815
Day 218	820
Day 219	820
Day 220	820
Day 221	825
Day 222	825
Day 223	830
Day 224	830
Day 225	830
Day 226	835
Day 227	835
Day 228	835
Day 229	840
Day 230	840
Day 231	840
Day 232	845
Day 233	845
Day 234	845
Day 235	850
Day 236	850
Day 237	850
Day 238	855
Day 239	855
Day 240	855
Day 241	860
Day 242	860
Day 243	860
Day 244	860
Day 245	865
Day 246	865
Day 247	865
Day 248	870
Day 249	870
Day 250	870
Day 251	875
Day 252	875
Day 253	875
Day 254	875
Day 255	880
Day 256	880
Day 257	880
Day 258	885
Day 259	885
Day 260	885
Day 261	890
Day 262	890
Day 263	890
Day 264	890
Day 265	895
Day 266	895
Day 267	895
Day 268	895
Day 269	900
Day 270	900
Day 271	900
Day 272	905
Day 273	905
Day 274	905
Day 275	905
Day 276	910
Day 277	910
Day 278	910
Day 279	910
Day 280	915
Day 281	915
Day 282	915
Day 283	915
Day 284	920
Day 285	920
Day 286	920
Day 287	920
Day 288	925
Day 289	925
Day 290	925
Day 291	925
Day 292	930
Day 293	930
Day 294	930
Day 295	930
Day 296	935
Day 297	935
Day 298	935
Day 299	935
Day 300	935
Day 301	940
Day 302	940
Day 303	940
Day 304	940
Day 305	945
Day 306	945
Day 307	945
Day 308	945
Day 309	945
Day 310	950
Day 311	950
Day 312	950
Day 313	950
Day 314	950
Day 315	955
Day 316	955
Day 317	955
Day 318	955
Day 319	960
Day 320	960
Day 321	960
Day 322	960
Day 323	960
Day 324	965
Day 325	965
Day 326	965
Day 327	965
Day 328	965
Day 329	965
Day 330	970
Day 331	970
Day 332	970
Day 333	970
Day 334	970
Day 335	975
Day 336	975
Day 337	975
Day 338	975
Day 339	975
Day 340	975
Day 341	980
Day 342	980
Day 343	980
Day 344	980
Day 345	980
Day 346	980
Day 347	985
Day 348	985
Day 349	985
Day 350	985
Day 351	985
Day 352	985
Day 353	990
Day 354	990
Day 355	990
Day 356	990
Day 357	990
Day 358	990
Day 359	995
Day 360	995
Day 361	995
Day 362	995
Day 363	995
Day 364	995
Day 365	1000
Day 366	1000