Mobile cryptocurrency exchange and peer-to-peer wallet Shakepay has announced a new product that allows its Canadian customers to buy bitcoin with spare change. Dubbed "ShakePay Change," the pre-launch of the service was announced in a Medium post.The new service connects to a user's bank credit and debit card, rounds up every purchase made to the nearest dollar and uses the resulting change to purchase bitcoins automatically. So, if you buy a latte for $2.97, Shakepay Change would use the $0.03 to invest in bitcoins or ether. Each satoshi purchased will be added to the user’s Shakepay wallet, where it can be transferred to another bitcoin wallet or sold for cash. Shakepay charges a 0.75 percent transaction fee for buying or selling cryptocurrency, but it's free to deposit or withdraw funds."We’re excited that Shakepay Change will allow every Canadian to easily own bitcoin, buying small amounts gradually over time. Many of our customers already buy bitcoin week after week for the purpose of long-term holding," Shakepay CEO Jean Amiouny told Bitcoin Magazine via email.Montreal-based Shakepay operates with a Money Service Business license from the Financial Transactions and Reports Analysis Center of Canada (FINTRAC) in all Canadian provinces and territories. The firm had also partnered with Schedule 1 bank, one of the few bitcoin-friendly banks in Canada, earlier this year. Amiouny said the new service w...
