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How to Transfer Crypto from Shakepay to BTCC
Swen Keller
- Last Updated 2 November, 2024
Launched in 2011, BTCC is a crypto derivatives exchange headquartered in Lithuania. It is fully regulated in Canada by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
BTCC recently celebrated its 13th anniversary in June 2024 with an array of accolades such as zero security incidents since its inception, more than 2.8 million active users, the launch of up to 500x leverage on selected crypto assets, 15,000 USDT weekly giveaways on Twitter, and over 7.5 trillion USDT total trading volume.
BTCC is arguably the most established crypto exchange in Canada and caters to both beginners and experienced traders interested in Futures and tokenized trading. The crypto exchange supports fiat deposits for both Canadian and United State users by allowing funding in Canadian Dollars and United State Dollars.
Why Send Crypto from Shakepay to BTCC Exchange?
With your crypto assets on BTCC, you can trade over 300 cryptocurrencies on the Futures market and 29 tokenized assets including Gold, Silver, and United State stocks. You will also get up to 50x leverage on the 300+ supported assets for Futures trading and up to 500x leverage on selected cryptocurrencies including Bitcoin, Dogecoin, Solana, and XRP though for a limited time.
Transferring crypto to BTCC also enables you to take advantage of the platform’s copy trade feature, which allows newbie users to mirror the trades of experienced traders in real-time. You will also get access to trading fees as low as 0.01% per trade and VIP benefits (birthday gifts, fast withdrawals, priority customer support, etc) upon fulfilling certain conditions.
BTCC offers a non-expiring demo account with up to 100,000 USDT in virtual funds. New traders can use the demo account to test trading strategies in a risk-free environment.
Another major reason to send your crypto assets from an external wallet to BTCC is that the derivatives exchange allows users to deposit more than 200 cryptocurrencies. Once they arrive on the platform, you can easily convert them to USDT for Futures trading. So you don’t have to bother about converting them to USDT before transferring and losing out on fees before you begin trading.
How to Open an Account on BTCC
Go to BTCC: https://www.btcc.com/en-US.
Click the Register button located at the upper right corner of your screen.
On the registration page, you’ll see the options to register your account using your email address, mobile number, or third-party options such as Google account, Apple account, or your MetaMask wallet. Choose your preferred option. For the sake of this tutorial we will use the email address one.
Enter your email address and select a password.
Next, click on the Register Now button. BTCC will send you an email containing a verification number. Go to your email and copy the number.
Enter the number into the relevant boxes on BTCC.
You have successfully opened a BTCC user account.
As a new user you are eligible to access up to 10,055 USDT in the BTCC welcome program package. To unlock the rewards you must complete missions such as identity verification, making a deposit, hitting total trade volume levels, opening a copy trade, etc.
How to Send Crypto from Shakepay to BTCC
Step 1
Before you transfer crypto from Shakepay to BTCC you must first copy your deposit wallet address from the latter. To do so, sign into your BTCC dashboard and click the Deposit button at the upper right of your screen. It is next to the Assets icon.
Step 2
A side menu bar will open on the right side of your screen displaying the following options Fiat Deposit, P2P Trading, and Crypto Deposit under ‘I have Crypto Assets’ submenu. Tap the Crypto Deposit option.
Step 3
On the new screen select the cryptocurrency you want to send from Shakepay, the blockchain network you’ll send it on, and enter the amount you intend to deposit.
On the right side of your screen, you’ll see your wallet’s alphanumeric. Tap the Copy icon beside it to copy it. For this tutorial, we will select Bitcoin as the preferred currency to deposit with the network as the Bitcoin network.
Step 4
Open the Shakepay app and log into your account. On the homepage you should see the crypto assets you hold. Click on Bitcoin, then on the next page tap the Send button located at the top of the screen.
Step 5
Enter the amount of BTC you want to send to BTCC. Alternatively, if you want to send your entire holding of BTC on Shakepay to BTCC tap on the Max button. Tap on the Continue button.
You can choose the speed of your Bitcoin transfer for an additional fee. The normal speed takes up to approximately 12 hours while the fast one takes an estimated 10 mins. Note that for your first monthly transfer with Shakepay the fast option is free.
Step 6
Review the details of your transfer then tap on the Send button.
Step 7
You’ve successfully sent out your crypto from Shakepay to BTCC. To see your deposited assets or check for the status of your deposit, go back to your BTCC account. On the upper right corner of your dashboard click the Assets button twice.
Next, click Wallet and enter the crypto you sent from Shakepay (BTC) to view your deposit.
Conclusion
As this tutorial has shown, transferring crypto from Shakepay to BTCC is simple and can be done in a few minutes. With your cryptocurrency deposited on BTCC you can now trade more than 300 crypto assets on the Futures markets and over 20 tokenized assets like Gold and Silver. You will also have access to the lowest trading fees in the Canadian crypto space and tons of VIP benefits like priority customer support and fast withdrawals once you satisfy the needed criterion.
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