Quote from: Jawhead999 on September 03, 2021, 04:30:02 AM

Quote from: kiddex on September 03, 2021, 12:04:27 AM

Here is a little update, so i went ahead and put 10000 down on bitcoin through Shakepay here in Canada. I decided to go the safest route and i am fine with it. Now that i have my bitcoin in my Shakepay wallet i want to transfer it to my celsius wallet. i always get nervous sending crypto to different wallets and i always want to make sure. Does anyone know about sending bitcoin from Shakepay? I know Celsius wallet is segwit. will i have no problem sending from Shakepay to segwit Celsius wallet? I think it would be fine but like i said i always like to be sure thanks.

Celsius is not safe since it's centralized and you want to use it for earn interest, which is risky with their current reputation (even with high reputation there's no guarantee your coins will be 100% safe, read non custodial wallet [1]). To be honest I never use Shakepay but based on this announcement [2] they already support to send Bitcoin to native segwit address.

I think the best option you should send little amount to Celsius first to check whether your coins arrived or not, and then you can send whatever amount you want.

[1] https://bitcointalk.org/index.php?topic=5173370.0
[2] https://blog.shakepay.com/cashouts-to-native-segwit-addresses/

Yes it is better to send little amounts always because this is the risk with crypto wallets, once your currency is lost it is lost forever and you can’t do anything. There’s no reversal.