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AnkerPay vs ShapeShift

How AnkerPay vs ShapeShift compare on our ratings, wallet specs, funding, pros and cons.

AnkerPay3.0/5
VS
ShapeShift4.2/5
Feature
AnkerPayVisit
ShapeShiftVisit
Ratings
Our score3.0/54.2/5
User ratingNo reviews yetNo reviews yet
Security3.04.0
Ease of use3.54.0
Chain support2.54.5
Features3.04.0
Privacy3.04.5
Specs
KYC requiredNot disclosed No
Wallet typeMobile, DesktopMobile, Web
CustodySelf-custodialSelf-custodial
ChainsBitcoin, Ethereum, Solana, BNB Chain, Polygon, Tron, OtherEthereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Polygon, Avalanche, Tron, Cosmos, Other
PlatformsAndroid, iOS, Windows, macOSiOS, Android
Open sourceNot disclosed Yes
Hardware wallet supportNot disclosed Yes
In-app swaps Yes Yes
Staking No Yes
Buy crypto in app Yes Yes
WalletConnectNot disclosed Yes
Security featuresSPV verification, Private key exportNot disclosed
Swap feeNot disclosed0%
Company
Founded—2014
HeadquartersSouth AfricaSwitzerland
InvestorsNot disclosedEarlybird Venture Capital, Access Venture Partners, Blockchain Capital, Lakestar +3
Strengths and weaknesses
Pros
  • Lightweight SPV architecture keeps mobile storage use minimal
  • Direct compatibility with physical AnkerATMs across South Africa
  • Self-custodial key storage preserves user control of assets
  • In-app token swaps through AnkerSwap
  • Zero platform commission fees charged on decentralized trades
  • No identity verification or KYC required to swap or store funds
  • Covers more than 10,000 assets across 48 native blockchains
  • Direct hardware wallet connectivity for Ledger and Tangem devices
Cons
  • No built-in staking or passive yield earning features
  • Cash settlement is available in South African Rand through the regional ATM and POS network
  • Third-party routing protocols and automated market makers impose variable swap fees and spreads
  • Cross-chain execution risks depend entirely on third-party bridge and DEX contract security
  • Users bear total responsibility for managing unassisted seed-phrase recovery
  • Trustpilot average rating stood at 3.0 out of 5 in March 2026
Best forSouth African crypto retail users, Traders using physical Bitcoin ATMs, Holders of UTXO payment coinsKYC-free cross-chain asset swaps, Multichain DeFi asset management, Hardware wallet integration users

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.