Substack VS Shake Pay

• Ease of Use
  Substack offers a user-friendly interface that makes it easy for writers to publish and monetize their newsletters.
• Built-in Monetization
  Writers can easily charge readers for subscriptions, allowing for straightforward monetization.
• Direct Audience Connection
  Substack allows writers to build a direct relationship with their audience via email, which can lead to a more engaged readership.
• Discovery and Community
  Features like staff picks and recommendations help writers get discovered by new readers.
• No Upfront Costs
  Substack does not charge upfront fees; instead, it takes a percentage of subscription revenues, making it easier to start.
• Content Ownership
  Writers retain full ownership of their content, giving them more control over their work.

Possible disadvantages

• Revenue Share
  Substack takes a 10% cut of subscription revenues, which can add up for writers with a large subscriber base.
• Limited Customization
  The platform has limited customization options compared to building a custom website or using more flexible CMS options.
• Dependency on Platform
  Relying on Substack means depending on its policies and infrastructure, which could pose risks if the platform changes its terms or features.
• Competition
  As more writers join Substack, it can become challenging to stand out amidst the growing competition.
• Email Deliverability
  Writers may face issues with email deliverability, as some newsletters may end up in spam folders.
• Payment Processing Fees
  Besides Substack's fee, payment processors like Stripe also take a percentage, further reducing net earnings for writers.

• User-Friendly Interface
  Shakepay offers a simple and intuitive interface that makes it easy for beginners to buy, sell, and manage cryptocurrency.
• Instant Verification
  The platform provides quick account verification, allowing users to start trading almost immediately.
• Free E-Transfers
  Shakepay allows free Interac e-Transfers for depositing and withdrawing funds, which is convenient for Canadian users.
• Referral Program
  Users can earn Bitcoin by inviting friends to join Shakepay through their referral program.
• Instant Buy/Sell
  Shakepay offers the ability to quickly buy and sell Bitcoin and Ethereum, appealing to users who want to trade efficiently.

Possible disadvantages

• Limited Cryptocurrency Options
  Shakepay currently supports only Bitcoin and Ethereum, which may not cater to users looking for a wider selection of cryptocurrencies.
• Canadian Users Only
  The platform is available exclusively to residents of Canada, limiting its accessibility to a wider audience.
• No Advanced Trading Features
  Shakepay lacks advanced trading features like order books and limit orders, which might not satisfy experienced traders.
• Lack of Transparency
  Some users have noted a lack of clarity regarding Shakepay's fees and how the exchange rates are determined.
• No Interest Products
  Unlike some other platforms, Shakepay does not offer interest-earning accounts for holding cryptocurrencies.

No analysis of Shake Pay yet.

Monetizing Podcasts and Newsletters - Chris Best of Substack and Jonathan Gill of Backtracks

More videos

No Shake Pay videos yet. You could help us improve this page by suggesting one.

• 25+ Medium Alternative Platforms for Publishing Articles
  forgefusion.io · Dec 2023

  Substack offers writers of all experience levels the ability to write an email newsletter that’s profitable through subscriptions. Substack provides purpose-built web and newsletter publishing tools to enable writers...

• 10 Best Medium Alternatives for Reading and Publishing
  www.geeksforgeeks.org · Nov 2023

  What sеts Substack apart is its sеamlеss intеgration of contеnt crеation and subscription-basеd monеtization. Substack’s usеr-friеndly intеrfacе, distribution tools, and support for various contеnt formats make it a...

• 9 Best Medium Alternatives for Making Money With Your Writing in 2023
  www.authorityhacker.com · Sep 2023

  Substack and Medium differ primarily in their monetization methods. Medium pays creators based on reader engagement, while Substack enables writers to monetize directly through paid subscriptions to their newsletters....

View more

We have no reviews of Shake Pay yet. Be the first one to post

• Ask HN: What are you working on? (November 2026)

  A free comedy newsletter that has nothing to do with technology yet mentions it from time to time. https://substack.com/@yelluwcomedy. - Source: Hacker News / 2 days ago

• UK Defence Startups Are Being Denied Banking Services Under ESG Rules

  Books have already been written on this, some as early as 1945 (That Hideous Strength, C.S. Lewis). Otherwise I can recommend basically everything by Curtis Yarvin and Kevin Dolan (https://substack.com/@exitgroup,... - Source: Hacker News / 22 days ago

• Show HN: Sphinx – a hook that quizzes you on your AI agent's code before push

  We built something quite similar 6 months ago called PEAK (Proof of Effort And Knowledge). Blog post and YT video here: https://substack.com/@jeffksmithjr/p-195763168 Our version has its own TUI and was intended for semi-adversarial... - Source: Hacker News / 24 days ago

View more

• Ask HN: What are some cool or underrated tech companies based in Canada?

  Https://shakepay.com/ - Nice easy to use crypto Fintech. - Source: Hacker News / over 1 year ago

• Ask HN: Who is hiring? (February 2025)

  Shakepay | Senior/Staff Full Stack, Senior/Staff Platform DX | Full-time | Canada (remote) | https://shakepay.com/ Hey folks, I am a long-time lurker and a first-time poster (in this thread). I'm Michael - Head of Engineering at... - Source: Hacker News / almost 2 years ago

• How to buy in Canada

  A lot of people use https://shakepay.com/ or https://www.bullbitcoin.com/ in Canada. Source: almost 3 years ago

View more