Newton

Newton is a Canadian cryptocurrency exchange that prides itself on low-cost trading and a wide selection of assets. It offers over 70 coins, which is one of the largest selections available on a regulated Canadian platform. Newton aims to bridge the gap between expensive brokerages and complex professional exchanges.

The platform offers instant verification and zero-fee funding via Interac e-Transfer. Newton covers the first $5 of network fees for crypto withdrawals, making it cost-effective for smaller transfers. It is a legitimate, PIPEDA-compliant platform registered with FINTRAC, serving hundreds of thousands of Canadians.

Frequently Asked Questions

1. specific trading fees?

Newton does not charge deposit or withdrawal fees. They make money on the spread (the difference between the bid and ask price), which is typically around 0.70%, making it cheaper than many competitors.

2. What coins are available?

Newton offers a very robust selection of over 70 cryptocurrencies, including majors like Bitcoin and Ethereum, as well as altcoins like Solana, Cardano, Polygon, and various DeFi tokens.

3. Is Newton safe?

Yes, Newton is a registered Money Service Business (MSB) with FINTRAC. They use third-party institutional custodians (like Balance and Coinbase Custody) to store the vast majority of customer assets in cold storage.

4. How fast is funding?

Funding via Interac e-Transfer is typically instant. You can send money from your Canadian bank account and have it available to trade on Newton within minutes, 24/7.

5. Do they cover withdrawal fees?

Newton covers the mining/network fees for crypto withdrawals up to $5.00 per transaction. If the network fee is higher than $5, you only pay the difference, which helps save money on transfers.