In this guide

  • Our verdict
  • Details
    • Product details
  • Your reviews
Finder makes money from featured partners, but editorial opinions are our own.
Newton Cryptocurrency Exchange
Fiat currencies
1
Supported assets
67
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

Our verdict

Buy and sell cryptocurrency with Newton crypto, a Canadian exchange with zero commissions on trades.

Newton is a Canadian crypto exchange that bills itself as a “no-fee cryptocurrency exchange.”

While you will pay a spread fee of up to 1% when you make trades on Newtown, the exchange doesn’t charge fees for when you deposit and withdraw fiat currencies. And it even covers up to CAD$5 worth of blockchain fees when you withdraw your crypto from it.

Though the platform lacks advanced trading features, it still serves as a secure exchange that enables you to gain exposure to over 60 crypto assets.

Pros

  • Complies with the Financial Transactions and Reports Analysis Centre regulations in Canada. FINTRAC is the peak body for regulating cryptocurrency exchanges in Canada which requires Newton to comply with laws and regulations that are intended to provide certain protections for users.
  • Trade with multiple fiat currencies. Newton allows you to trade with CAD.
  • Deposit and withdraw CAD directly to your bank account in Canada. With Newton you can deposit cash from your Canadian bank account and cash out back into the same account.
  • Supports a range of payment methods. Newton supports several popular payment methods including CAD deposits via Bank transfer (ACH) and Bank transfer.

Cons

  • High fees. Bid/ask spread 0.67% – 1.74%
  • Lack of advanced trading options.

In this guide

  • Our verdict
  • Details
    • Product details
  • Your reviews

Details

Product details

Product Name Newton Cryptocurrency Exchange
Fiat Currencies CAD
Cryptocurrencies BTC, ETH, LTC, DOGE, BCH, DAI, EOS, AAVE, ADA, GRT & 50+ more
Deposit Methods Bank transfer (ACH)
Bank transfer
Cryptocurrency
Wire transfer
Trading Fee $0
Deposit Fees $0
Withdrawal Fees $0 (except on surge usage for cryptocurrencies)

Ratings methodology - how we scored Newton

Supported cryptocurrencies ★★★★★
Transferring money or assets ★★★★★
Fees and costs ★★★★★
Ease of use ★★★★★
Customer service ★★★★★
Features ★★★★★
Staking/earn ★★★★★
Trustworthiness/security ★★★★★

How we rate our crypto exchanges and platforms

Finder's editors objectively assess each platform across a spectrum of performance metrics using a system of 1 to 5 stars, which are designed to help you assess a crypto platform's strengths and weaknesses. You can read our full methodology here.

Our score and selection of the best crypto exchanges is based on the same criteria as our annual Crypto Trading Platform Awards, updated by our editorial team throughout the year to reflect changes in the market.

About Newton — company background

Newton is a Canadian cryptocurrency exchange based in Toronto that offers a wide range of coins with a near-zero commission on trades.

While it is one of the younger exchanges (founded in 2018), it has already grown to encompass over 100,000 users as of February 2021 and shows strong signs of continued growth in the Canadian market.

Listed Newton crypto exchange assets

Newton supports over 67 cryptocurrencies, but some notable assets are missing. Namely, Tether, BNB and Lido Staked Ether, which are in the top 20 cryptos by market cap. In total, 13 of the top 20 cryptos are available on Newton.

Popular assets on Newton
supports
Bitcoin (BTC)
supports
Ethereum (ETH)
does not support
Tether (USDT)
does not support
BNB (BNB)
supports
Solana (SOL)
does not support
Lido Staked Ether (STETH)
does not support
XRP (XRP)
supports
USDC (USDC)
supports
Cardano (ADA)
supports
Dogecoin (DOGE)
supports
Avalanche (AVAX)
does not support
TRON (TRX)
supports
Chainlink (LINK)
supports
Polkadot (DOT)
does not support
Wrapped Bitcoin (WBTC)
supports
Shiba Inu (SHIB)
supports
Polygon (MATIC)
does not support
Toncoin (TON)
supports
Uniswap (UNI)
supports
Litecoin (LTC)

Newton fees

Newton charges a fee for $0 deposits.

Newton deposit methods

  • Bank transfer (ACH)
  • Bank transfer
  • Cryptocurrency
  • Wire transfer

How to sign up on Newton exchange

Before you can even get started trading on Newton, you have to go through the rigorous verification process (which usually involves proof of identification). This can take quite a long time. The reason for this is Newton's commitment to certifications, and compliance with regulations and insurers.

  1. Get started
    After selecting the Get Started button, fill in the create account form.
  2. Set up payment
    Before you can start trading, you have to add your bank account to your Newton account. There are several options to choose from, so choose the option most compatible.
  3. Provide identification
    Before you can make withdrawals and increase your transaction limits, you must submit proof of address and some additional identification. Use either a passport or a driver's license for this.
  4. Start trading
    After all that is processed, you're ready to trade on Newton.

Using the Newton app

The Newton app is available via both the Google Play and Apple App stores.The app has all of the features of the web browser version of the exchange.

Is Newton safe?

Newton has a high trust rating. This is due to its regulatory compliance, storage of user assets and customer data practices.

Past hacks. Since launching in 2018, Newton has not been successfully hacked.

Regulation. Newton is regulated by FINTRAC (Financial Transactions and Reports Analysis of Canada) and is compliant with the agency’s operating rules.

Cold storage. Newton backs up its data offsite daily. It’s also partnered with Balance, a third-party digital asset management company that specialises in institutional-grade storage to help it manage the crypto it holds in cold storage.

Customer data. Newton is fully compliant with the Personal Information Protection and Electronic Documents Act (PIPEDA) and all customer data is stored within Canada. The KYC verification process is run through the third-party Canadian security management company PLAID.

Keeping your crypto secure

All centralised exchanges, including Newton, are vulnerable to counterparty risks like hacking, theft and insolvency. Using a self-custodial or hardware wallet is widely accepted as the best way to improve the security of your funds. We've shared some of our top picks below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

9,000+

Price (USD)

$149

Price (USD)

$179

Newton customer support

Newton has several different customer support programs in place.

If you are having any issues, the first place you should check is the Newton Status Page. It will post any current issues or errors that Newton is in the process of remedying.

If the Newton status page does not address the issue you are experiencing, then there is a live chat option in the bottom right corner of the home screen. This is run by an automated bot which typically responds to inquiries with common fixes for issues.

If an issue is not solved by any of these frequent issues it will prompt you to submit a ticket to the customer success team. You can expect to receive a response to a help ticket within 24 hours.

How to reach Newton customer support

  • Contact form
  • Discord
  • Email
  • Facebook
  • Live chat
  • Twitter

Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.

Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer Link
eToro Cryptocurrency Trading
eToro Cryptocurrency Trading
Bank transfer, Credit card, Debit card, Neteller, Skrill
EUR, GBP, NZD, USD, AUD, HKD, SGD, CHF, NOK & 5+ more

78
cryptocurrencies

Disclaimer: Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply.

Capital at risk

View details
Binance Cryptocurrency Exchange (Not available to US users)
Bank transfer, Cryptocurrency
-

369
cryptocurrencies

Capital at risk

View details
KuCoin Cryptocurrency Exchange
KuCoin Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, P2P
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

743
cryptocurrencies

Capital at risk

View details
Bybit Cryptocurrency Exchange
Bybit Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, P2P
USD, AUD, CAD, EUR, GBP, NZD, HKD, JPY, SGD, PHP

279
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.

Capital at risk

View details
Gate.io Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card

1607
cryptocurrencies

Capital at risk

View details
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT
USD, EUR, CAD, GBP, CHF, AUD

222
cryptocurrencies

Capital at risk

View details
OKX Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP

338
cryptocurrencies

Capital at risk

View details
Uphold
Uphold
Bank transfer (ACH), Credit card, Debit card, Apple Pay, Google Pay
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD

237
cryptocurrencies

Capital at risk

View details
Paybis Cryptocurrency Exchange
Bank transfer, Credit card, Debit card, Neteller
EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more

357
cryptocurrencies

US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.

Capital at risk

View details
Finder Award
Bitstamp Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, SEPA, Faster Payments (FPS)
USD, EUR, GBP

79
cryptocurrencies

Capital at risk

View details
Coinmama Cryptocurrency Marketplace
Credit card, Fedwire, SEPA, Google Pay, SWIFT, Bank card
USD, EUR, AUD, CAD, GBP, JPY

16
cryptocurrencies

Capital at risk

View details
OFFER
Gemini Cryptocurrency Exchange
Bank transfer (ACH), Cryptocurrency, Debit card, PayPal, Apple Pay, Google Pay, SWIFT
USD, AUD, CAD, EUR, GBP, SGD, HKD, COP

141
cryptocurrencies

Capital at risk

View details
Finder Award
Crypto.com App
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, Wire transfer, Apple Pay, Google Pay, SWIFT
USD, EUR, GBP, COP, CHF, HKD, SGD, AUD, CAD, KRW, SEK, CNY, TRY, RON, JPY, NOK, MYR, BRL, DKK, ZAR, BGN, THB, INR, TWD, PHP, IDR, MOP, MDL, SAR, MXN, CLP

318
cryptocurrencies

Capital at risk

View details
loading

Are you visiting from outside the US?

Select an option to continue

Alternatives to Newton

1 - 3 of 18
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer Link
Finder Award
Coinbase Digital Currency Exchange
Debit card, PayPal
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN

257
cryptocurrencies

Capital at risk

View details
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT
USD, EUR, CAD, AUD, GBP, CHF, JPY

223
cryptocurrencies

Certain trading features are limited or unavailable to residents of Ontario and Quebec.

Capital at risk

View details
Paybis Cryptocurrency Exchange
Paybis Cryptocurrency Exchange
Bank transfer, Credit card, Debit card, Neteller
GBP,CLP,MXN,TRY,AUD,CZK,NOK,DKK,PLN,SEK,ZAR,HUF,ILS,AED,INR,MYR,SGD,MAD,RON,VND,KWD,PHP,DOP,PEN,GEL,CRC,AZN,IDR,DZD,SAR,THB,TND,XAF,CAD,BT,CHF,HKD,EGP,KRW,NGN,UAH,JPY,BRL,COP,RUB,NZD,ALL,ZRS,BYN,HRK,UYU,TWD,BGN,KZT,MDL,QAR,UZS,JOD,BHD,NAD

85
cryptocurrencies

Capital at risk

View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
loading
Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Your reviews

No reviews yet. Write a review
Go to site