Fireblocks vs Shakepay

Fireblocks (dedicated custody) and Shakepay (fintech) serve different corners of the Bitcoin ecosystem, but the question that matters most is the same: who controls the keys? Both platforms earned a C+ rating in our scoring methodology, landing at 63/100. The tie breaks down in the category details.

Where Each Platform Wins

Custody and security — the most heavily weighted category in our methodology at 35% — tilts 5 points toward Fireblocks (45 vs. 40). Both platforms carry single-point-of-failure risk, but Fireblocks mitigates it more effectively through its MPC Technology approach. On fees, Shakepay wins by 14 points. Shakepay charges ~1.5% spread compared to Custom at Fireblocks. Over a multi-year holding period, fee differences compound — a point worth considering for long-term accumulators. Fireblocks's strongest advantage is in features (80 vs. 62), where Fireblocks's product breadth and tooling makes a measurable difference. Shakepay stands out on ease of use (88 vs. 72), reflecting Shakepay's user experience and onboarding flow.

The Custody Question

Neither Fireblocks nor Shakepay has fully eliminated single-point-of-failure risk. Fireblocks uses MPC Technology and Shakepay uses Single Custodian. Both models leave your bitcoin exposed to custodial concentration risk — if that one entity fails, your bitcoin could be locked, seized, or lost. For long-term holders, this is the most important factor to weigh.

Bottom Line

These two platforms score identically at 63/100. Your choice comes down to what you prioritize. Fireblocks excels at multi-party computation infrastructure. 1,800+ institutions. broad defi connectivity., while Shakepay is known for canadian bitcoin app. shake for sats feature. visa card with btc rewards.. Review the category breakdowns above and consider which trade-offs matter most for how you plan to hold bitcoin.