What is a volume discount for large crypto orders?
When you purchase a minimum of $100,000 or sell the equivalent in crypto, Shakepay now applies a volume discount so you can benefit from a better rate on your crypto purchase or sale. This means more savings for you and more funds to accumulate crypto! The more crypto you buy or sell, the better your rate will be, enhancing your trading experience.
How can I get a volume discount on my large crypto order?
Please ensure you have the latest version of the Shakepay app or update it.
You can simply open your Shakepay app, fund your account and initiate your large buy/sell order and you will see the volume discount displayed on your confirmation screen. We wanted to make large trade volume discounts easy to use for our customers so you don’t need to call or request an action, you can directly benefit from your volume discount in the Shakepay app whenever you decide to execute large market orders.
How long does it take for my large trade order to be executed?
Once you confirm your large buy/sell order in the Shakepay app, it will be automatically executed!
Where can I see how much I’m saving on my large order?
When you initiate your large order over $100,000 (with further improvement above $500,000 and $1,000,000), you will see on the buy/sell confirmation screen the amount you are saving displayed under the rate.
Who is eligible for volume discounts?
Both personal and business accounts that are fully verified and execute a market order over $100,000 are eligible for volume discounts. You don’t need to apply for it, fund your account and initiate your large order and the volume discount will be displayed on your buy/sell confirmation screen.
Does the volume discount apply to monthly trading volume or only large orders?
Currently, the large trade volume discount only applies on market orders ready for immediate execution.
Does the volume discount apply to recurring buys or custom orders?
Currently, the large trade volume discount only applies on market orders ready for immediate execution.
How can I fund my account with a large sum?
To fund your account with an amount over $100,000, you could send a wire transfer to Shakepay or send multiple e-Transfers of $10,000 each. Learn how to add funds with a wire transfer by visiting our dedicated wire transfer page or how to fund with e-Transfer by visiting our e-Transfer help page. Wire transfers usually take 1-2 days to be actioned by your bank and Shakepay will work to process the same day if they are received before 4pm EST.
Do you offer volume discounts for orders over $10,000,000?
If you are planning to execute an order over $10,000,000, please contact our business team so we can help with your request by sending an email to [email protected].