The use of cryptocurrency is gaining more ground in Canada. Lately, more people are switching to digital coins like Bitcoin for their everyday transactions, like shopping, sending money, and playing at online casinos. In fact, a recent study by the Bank of Canada found that 1 in 10 Canadians now use Bitcoin, with the highest adoption among men aged 18 to 34. As this trend grows, the need for quick and easy payment methods is set to explode over the next decade.
Impressively, two “Made in Canada” platforms—Shakepay and Newton are already stepping up to meet this demand. Among Canada’s crypto casino crowd, Shakepay and Newton are especially popular for funding accounts on sites like Stake, Roobet, and even legacy platforms such as the Casino Rewards group. Both services let users buy and send crypto in just a few taps. But which one works better for casino deposits? Isn’t this against their Terms and Conditions ? In this article, we’ll take a closer look at both services and how they intend to reshape the future of online gaming payments in Canada. Stick around, as this will be an interesting read!
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What are Shakepay and Newton?
We’ll kick things off by explaining what Shakepay and Newton are, and then we’ll work our way through the details. Of course, both platforms are legal for use in Canada, so you have nothing to worry about.
What is Shakepay?
Shakepay is a crypto-trading company founded in 2015 by Jean Amiouny (CEO) and Roy Breidi (CTO). This decade-old company is based in Montreal, Canada, and provides cryptocurrency exchange services. According to the official site, this platform has already served more than 1 million Canadians who have transacted $10+ billion in digital currencies.
Having said that, Shakepay is a FINTRAC-regulated company and is part of the Canadian Investment Regulatory Organization (CIRO). The company is also registered as an Investment Dealer with securities regulatory authorities in all Canadian provinces and territories. So, your safety is never really a concern when trading on this platform.
Regarding payments, Shakepay allows Canadians to purchase coins using Interac e-Transfer or Wire Transfer. You can also withdraw funds using the same methods, with Interac transfers taking minutes to complete. Shakepay is very strict on preventing illegal payments in Canada.
What is Newton?
Founded in January 2018, Newton is a crypto-trading platform based in Ontario, Canada. Like Shakepay, Newton.co is a FINTRAC-regulated company that ensures maximum compliance with Canada’s financial laws. This company is also a registered member of the Ontario Securities Commission (OSC) and securities regulatory authorities in all provinces and territories.
At Newton, you can buy and sell 70+ cryptocurrencies, making it the ideal choice for online gamblers. It supports popular options like Bitcoin, Ethereum, and Litecoin. You can purchase cryptocurrencies using payment methods like Interac e-Transfer, Wire Transfer, and pre-authorized bank transfers.
Keep in mind that Newton charges a small fee of 1.00% to 1.60% per trade. When withdrawing BTC and ETH, you can choose between three transaction modes. Fast Lane is the fastest, allowing you to receive payments within 30 minutes, albeit with a $10 fee. You can also choose Standard Lane, which has a network fee and a 2-hour duration. Lastly, Free Lane processes fee-free payments at night.
Real User Behaviour: What Canadians Are Actually Doing
Since the 1969 changes to the Criminal Code, Canadians have been free to join offshore casinos and play without restrictions. This also means local payment services like Interac, iDebit, Instadebit, and Loonio can be used on many of these platforms. However, some payment providers may block gambling-related transactions, especially in Ontario.
So, can Canadians make casino deposits with Shakepay or Newton? Technically, absolutely! However, legally, we don’t recommend it unless the casino is local and licensed in Ontario. Both platforms support direct deposits to online casinos, and many players use Shakepay to send Bitcoin or Ethereum straight to popular casinos like Stake or Roobet. Newton offers a similar experience, letting users transfer crypto to gaming sites with just a few clicks. When it’s time to cash out, winnings can be sent back to your Shakepay or Newton wallet with ease.
However, we don’t recommend making direct transactions using these exchange services. Shakepay, in particular, doesn’t support illegal gambling payments. A more reliable way—reported on Reddit—is to use e-Transfer or eCheck to buy crypto on Newton / Shakepay before sending the coins to an external wallet. From there, you can make a casino deposit without raising any eyebrows.
Which Platform Works Best for Stake, Roobet, and Casino Rewards?
Shakepay and Newton are both solid choices for buying crypto in Canada, but depending on where you’re playing—Stake, Roobet, or Casino Rewards—one might suit you better than the other. Here’s what real players are doing and what you should consider before making your next deposit.
Stake
- Shakepay is a favorite among Stake users on Reddit. It’s simple, fast, and doesn’t charge transaction fees. Most players buy BTC or ETH using Interac and then send it through a private wallet like Trust Wallet to stay under the radar.
- Newton works well too, especially if you’re using coins beyond BTC and ETH. With 70+ options available, it’s a better fit for players experimenting with altcoin bonuses or lower-fee chains.
Roobet
- If you’re just sticking with Bitcoin or Ethereum, Shakepay is hard to beat—fast Interac deposits, no fees, and a smooth interface.
- Newton is better for altcoin variety. Players looking to use something like Litecoin, Polkadot, or USDC often prefer Newton for its broader crypto support and wallet integration.
Casino Rewards Brands (Zodiac, Captain Cooks, Villento, etc.)
- These brands (like Luxury Casino or Captain Cooks) weren’t built around crypto like Stake or Roobet, but many of them now officially accept Bitcoin and Ethereum deposits.
- Shakepay is a great pick here if you’re keeping it simple with BTC or ETH. It’s quick, has no outgoing crypto fees, and onboarding via Interac takes just minutes.
- Newton is the better choice if you want to fund with altcoins or use pre-authorized bank transfers. Yes, there’s a small fee, but the flexibility is there if you need it.
- Bottom line: both platforms work—just depends on your preferred coin and how much friction you’re okay with.
At-a-Glance: Shakepay vs Newton for Casino Players
| Use Case | Recommended Platform |
|---|---|
| Fast BTC/ETH deposits with no fees | Shakepay |
| Altcoin support (LTC, USDC, DOT, etc.) | Newton |
| Stake.com deposits | Either (Shakepay for speed, Newton for coin choice) |
| Roobet deposits | Either (Shakepay for simple BTC/ETH, Newton for more options) |
| Casino Rewards BTC/ETH deposits | Either (Shakepay is easiest, Newton if you want more control) |
Step-by-Step: How the “Two-Platform Flow” Works
Still unsure whether to use Shakepay or Newton to purchase coins for your casino deposits? Don’t worry—we’ll help you decide later in this guide. In the meantime, let’s walk through the step-by-step process to create an account and complete a casino transaction. These general steps apply to both methods. Let’s dive in!
Step 1: Sign up and verify your ID.
Choose an exchange platform and sign up using your email. After that, you may need to verify your email address and upload verification documents. The verification process should take just a few minutes. Newton aims to approve your documents within 5 minutes.
Step 2: Fund your balance with Interac e-Transfer.
Next, add funds to your Shakepay or Newton account using Interac as your deposit modality. These platforms also support deposits via Wire Transfer or another wallet address. As shown above, Interac deposits at Newton can take up to 2 hours. However, we expect it to be way faster than that.
Step 3. Purchase BTC or ETH.
Now, it’s time to buy crypto. Enter the amount you want to deposit and choose Interac e-Transfer as your payment method. You’ll get a request by email, and you’ll need to log into your online banking to approve it. Once the money arrives in your account, you can convert it into Bitcoin or Ethereum.
Step 4. Make a casino deposit.
You’re now ready to make a casino deposit. The first option is to make a direct deposit, although this is not advisable. To do that, navigate to the “Withdraw” section of your Newton or Shakepay account and paste the address you copied from the casino. You can also scan a QR code to deposit crypto.
A more secure way is to transfer crypto to your wallet before making a deposit. What you’ll do here is copy the external wallet address and paste it on your Newton or Shakepay account. Transferring coins to another crypto wallet should be an instant process.
Step 5: Withdraw winnings via the same reversed method.
Once it’s time to withdraw, you can send your winnings directly to your Shakepay or Newton wallet. Simply log into your wallet account and choose the option to deposit crypto. Then, copy the wallet address and paste it into the casino cashier to withdraw funds. Remember, casinos have varying withdrawal times.
Shakepay vs Newton: Feature-by-Feature
Choosing between Shakepay and Newton can be complex, especially if you’re new to crypto exchange platforms. To help you decide, we’ve broken down their key features in the comparison table below.
| Feature | Shakepay | Newton |
| Deposit limit | $5 to $10,000 for e-Transfer, $10,000 minimum for wire transfer, no limit for cryptocurrencies and Shakepay a Friend | Up to $10,000 for e-Transfer, $1,000,000 for wire transfer |
| Payment methods | Interac e-Transfer, Wire Transfer, Bitcoin, Ethereum, Shakepay a Friend | Interac e-Transfer, Wire Transfer, Bank Transfer (Plaid) |
| Cryptos supported | Bitcoin, Ethereum | Bitcoin, Ethereum, Litecoin, and 70+ options |
| Fees | No fee for incoming and outgoing payments. | Small fee that ranges between 1% and 1.6%. |
| Deposit speed | Minutes (Interac e-Transfer and cryptos), Instant (Shakepay a Friend), 1-2 business days (wire transfer) | Within 2 hours (Interac e-Transfers), Instant (Crypto deposits), 3-5 business days (wire transfer) |
| Withdrawal Speed | Minutes (Interac e-Transfer and cryptos), Instant (Shakepay a Friend), 1-2 business days (wire transfer) | Within 2 hours (Interac e-Transfers), Instant (crypto to wallet), 2-4 business days (wire transfer) |
| User interface | Fast and straightforward to use. | Beginners may need a learning curve. |
| Terms of Service stance | It doesn’t support illegal gambling, and users can send USDC to an Ethereum address. | Newton charges a fee for buying and selling assets. |
| Reputation | Popular for its simplicity and fee-free transactions. | Popular for its wide range of supported cryptos and friendly limits. |
Wallets Used for Shakepay and Newton Payments
As mentioned earlier, using an intermediary crypto wallet when making a casino deposit is always a good idea. This way, Shakepay or Newton won’t associate your account with online gambling activity if you’re not comfortable with that (although this can be 100% legal on locally licensed sites in certain provinces like Ontario or at a Government-run casino establishment). Below, we’ve listed a few trusted wallets you can use as intermediaries for your casino payments.
Trust Wallet
Founded in 2017, Trust Wallet is a secure trading platform with over 200 million users. It’s a secure wallet with ISO certification that guarantees maximum security when trading your crypto coins. One of the main reasons for using this wallet is the crazy number of supported coins. You can buy and sell popular coins like BTC, USDT, LTC, and ETH. In addition, this wallet offers other services like crypto swapping and creating smart contracts. It’s a solid choice for day-to-day use.
Phantom Wallet
Phantom Wallet is a safe and easy-to-use platform for making casino deposits. Since its launch in June 2021, it has gained over 3 million users who manage their crypto and NFTs with ease. It started out focusing on the Solana network but now supports other popular coins too. You can even stake SOL to earn rewards and help secure the network.
TronLink
TronLink is for those who want a strong TRON ecosystem. This wallet fully supports TRX, TRC10, TRC20, and TRC721 tokens. It also offers an “Extension” that supports EVM networks like Ethereum, BTTC, and BSC. Meanwhile, TronLink’s asset management security is commendable. You can sign into your hot wallet and transfer assets to a cold wallet for double protection. Its seamless integration with dApps also allows fast interaction with DeFi platforms and NFTs.
Are Direct Casino Deposits Legal? What the Terms and Conditions Say
Canada has always been a pro-cryptocurrency country since the launch of Bitcoin in 2009. In February 2021, the Ontario Securities Commission approved the launch of the world’s first Bitcoin ETF (exchange-traded funds). This move provided investors in the province with greater access, sparking an explosion in crypto trading interest.
Though current laws don’t bar Canadians from playing casino games with cryptocurrencies, Shakepay and Newton often have their own independent clauses. Shakepay, for instance, is very clear in the T&Cs that you cannot use the platform for “illegal gambling” payments. Newton is friendlier in this regard, with no explicit mention of offshore casino payments.
In short, making direct deposits using Shakepay at offshore casinos may not be a good idea. However, Ontarians can use this option for direct transactions with legal casinos in the province. Still, the best way is to use an intermediary wallet to make your crypto transactions more private. Remember, Shakepay and Newton don’t charge a fee for incoming and outgoing crypto transfers.
Which One’s Better for Casino Players?
Choosing between Newton and Shakepay isn’t easy. You must look at factors like usability and transaction fees, which may affect your gaming experience. The last thing you want is to get stuck on an exchange platform with hefty fees or slow transactions. So, which is the better method for casino payments? Let’s find out below!
Shakepay – Best for free payments
Shakepay doesn’t charge transaction fees, making it a solid choice for casual casino players. This exchange platform will process your incoming or outgoing casino transactions without overburdening you with unnecessary costs. That’s a good thing, considering the amount of luck you need to win a payout at online casinos.
This exchange platform also stands out with its clean and intuitive interface. Buying and selling assets only takes a few taps with instant Interac transactions. Direct bank transfers are also processed in 1-2 business days, which is fast enough according to industry standards.
On the flip side, Shakepay restricts gamers from using the platform to transact with international casinos. However, there’s no evidence of this platform clamping down on online gambling payments. In addition, Shakepay has few coin options and doesn’t support the TRC20 network (USDT). Still, it’s a good choice for fast and free casino payments.
Below is a summary of the main pros and cons of Shakepay for casino payments:
| Pros | Cons |
| There’s no fee for all casino transactions. | Discourages “illegal gambling” payments. |
| Instant Interac deposits and withdrawals. | It only supports Bitcoin and Ethereum. |
| No limit for cryptocurrency transactions. | $10,000 minimum limit for bank transfers. |
Newton – Best for more coin options
Newton, on the other hand, is also a beginner-friendly exchange platform. Signing up and verifying documents should take just a few minutes. However, some users may find the interface a bit more complex as there are more menus and options. Shakepay wins in this regard with its minimalistic layout.
The biggest attraction for players using Newton is the large variety of cryptocurrencies. This platform supports 70+ options, making it ideal for online gambling deposits and withdrawals. Note, however, that Newton doesn’t support the TRC20 network.
Regarding the terms of service, Newton is the friendlier option. This trading platform doesn’t mention anything about “illegal gambling” payments in the terms of service. You can cash out casino winnings via Interac e-Transfer and other crypto wallets. Sadly, transactions can attract a small fee.
These are the pros and cons of Newton for casino payments:
| Pros | Cons |
| Supports 70+ cryptos and altcoins. | A small fee of between 1% and 1.6%. |
| No mention of “illegal gambling” payment. | Interac deposits may take up to 2 hours. |
| Instant crypto wallet payments. |
Conclusion: Use Newton if you want to transact tens of lesser-known altcoins. Otherwise, Shakepay is a good choice for transacting using popular coins like Bitcoin and Ethereum. Compare the advantages and disadvantages of each option before signing up.
eCheck Compatibility and Hybrid Payment Rails
Crypto-to-fiat conversion is hardly a straight path in the Canadian online gambling space. This has led many eCheck players to adopt a “hybrid rail strategy” that allows them to enjoy the benefits of cryptocurrency payments and the reliability of fiat transactions.
Here’s how it works: first, you buy cryptocurrency on Shakepay or Newton and send it to a private wallet. Then, you deposit the crypto into an online casino before cashing out your winnings. Most casinos in Canada provide local payment options like Interac e-Transfer, eCheck, and wire transfer.
eCheck, in particular, is an excellent option because it lets you cash out winnings straight to your bank account. There’s no need for ‘middlemen’ like third-party wallets or crypto exchange platforms to complicate the process.
Interac e-Transfer is also a good choice for casino withdrawals after making a Shakepay or Newton deposit. Unlike eCheck, you can easily enjoy Interac payouts on most local and offshore gaming sites. However, some banks may flag and block crypto-related activities, especially those linked to gambling sites, but many players haven’t had any problems according to reddit and casinomeister forum.
Overall, the hybrid strategy of crypto deposits and fiat withdrawals can significantly reduce payment scrutiny. Since Shakepay and Newton don’t appear directly on casino cashier pages, it’s best not to use them for direct deposits or withdrawals. Using a third-party wallet and cashing out via Interac or eCheck helps protect your privacy and avoid unnecessary complications.
Final Thoughts
Shakepay and Newton have become popular choices for crypto users in Canada. Both platforms offer secure ways to buy, send, and receive digital assets via local payment methods like Interac and wire transfers. However, direct casino payments via Shakepay and Newton can be risky, especially when playing at offshore casinos. To be on the safe side, it is best to send your crypto through a third-party wallet before making any casino deposit. Though there haven’t been any cases of Shakepay/Newton cracking down on direct casino payments, understanding how these platforms work with casino payments will help you stay in control.
Frequently Asked Questions
Which is better for crypto casino deposits — Shakepay or Newton?
Shakepay is ideal for fast BTC/ETH purchases via Interac with zero fees. Newton supports 70+ coins, including altcoins like LTC, USDC, and XRP. If you’re just using Bitcoin or Ethereum, Shakepay is faster. If your casino supports other coins or cheaper networks, Newton gives you more flexibility.
Will Shakepay or Newton freeze my account for using crypto at gambling sites?
Shakepay might. Its Terms explicitly ban "illegal" gambling transactions, and sending crypto directly to offshore casinos like Stake or Roobet could get flagged. Newton is less restrictive in its public policies, but caution is still advised. Most savvy users fund a private wallet first, then deposit to the casino.
Is it legal for Canadians to gamble at Stake or Roobet using Shakepay or Newton?
Generally yes — with provincial caveats. In most of Canada, it’s not illegal to play at offshore casinos like Stake or Roobet. However, Ontario has tighter rules and bans unlicensed sites. Buying crypto through Shakepay or Newton is legal, but how you use it is your responsibility. Use an intermediary wallet if unsure.
Can I get around Stake’s daily CAD withdrawal limits using Shakepay?
Yes, indirectly. Stake’s CAD cashouts are capped daily. Many players withdraw in crypto to a personal wallet, then convert to CAD using Shakepay or Newton. This avoids the cap and gives you more flexibility — but again, don’t send directly from Stake to Shakepay.
What coins can I use from Shakepay or Newton for online gambling?
Shakepay supports only BTC and ETH. Newton supports 70+ coins, including Litecoin, XRP, Dogecoin, and USDC. For lower fees or faster confirmations, many players prefer coins like LTC — which you can only get via Newton.
How fast are Shakepay and Newton deposits from Canadian banks?
Shakepay is often instant for Interac deposits. Newton is usually fast too, but first-time or large deposits can take up to 2 hours. Both are reliable, but Shakepay tends to be quicker for small, frequent deposits.
Why won’t Shakepay send my small BTC deposit to a casino?
You’ve likely hit the minimum withdrawal limit. Shakepay requires about 0.0001 BTC minimum (including fees). If your deposit is too small, it won’t go through. Use a larger amount or switch to a lower-fee coin like LTC via Newton.
Can I use crypto directly at Casino Rewards brands like Zodiac or Captain Cooks?
Yes. Many Casino Rewards brands now accept crypto through Get Orbital, a built-in on-ramp that allows you to deposit Bitcoin and Ethereum directly. Still, avoid sending funds straight from Shakepay — instead, move crypto to a personal wallet first, then complete the deposit via Orbital. This avoids violating Shakepay’s anti-gambling policy while letting you use crypto at a trusted legacy brand.
Are there fees when using Shakepay or Newton for casino-related transactions?
Shakepay charges no CAD deposit or withdrawal fees and covers BTC/ETH network fees, but has slightly wider spreads. Newton offers tighter spreads and more coins, but may pass on network fees depending on the coin. Neither charges “gambling fees,” but again: direct casino transfers from Shakepay violate their terms — use a wallet buffer.
