Newton Exchange Review: 2025 Guide to Trading Crypto in Canada

In-depth Details: What's to Like and What You Should Know

The Newton crypto exchange focuses on simplicity and accessibility.

This appeals to casual investors who prefer transparent, all-inclusive pricing without complex fee calculations.

The exchange supports over 70 cryptocurrencies, including major assets like Bitcoin, Ethereum, Solana, and XRP, alongside numerous altcoins and DeFi tokens.

Their platform features basic and advanced trading interfaces, accommodating beginners with simple buy/sell functions and providing experienced traders with professional charting tools and limit orders.

They also offer staking services for supported assets like Ethereum and Solana, allowing users to earn passive rewards on their holdings.

History and Background

Newton launched in October 2018 under the leadership of CEO Dustin Walper, who wanted to create a cryptocurrency exchange tailored to Canadian needs. The company established its headquarters in Toronto while maintaining offices in Vancouver, Montreal, and Victoria.

Since its inception, the platform has prioritized regulatory compliance. In fact, it’s one of the first Canadian exchanges to register with both FINTRAC as a Money Services Business and the Ontario Securities Commission.

The platform has grown since launch, expanding from a handful of cryptocurrencies to over 70 digital assets and building a user base exceeding 800,000 Canadians.

They have also formed strategic partnerships, including an affiliation with DV Trading, which brings over 15 years of expertise in financial markets trading.

Safety and Security

In terms of user protections, the platform has a comprehensive security framework that safeguards members’ assets and data.

They use an 80/20 cold storage model, keeping the majority of cryptocurrency holdings offline in geographically distributed locations. The platform stores customer assets using institutional-grade custody solutions and maintains daily off-site backups on Canadian servers.

Another factor of security is the multiple layers of access control, including mandatory two-factor authentication, device registration requirements, and login activity monitoring. Security infrastructure includes an in-house security team that monitors systems continuously for anomalies and conducts regular penetration testing both internally and through third-parties.

Key security features include:

• Cold Storage: 80% of assets stored offline in secure, distributed locations
• Institutional Custody: Partnership with trusted third-party custodians for secure asset storage
• Insurance Coverage: Customer assets are insured against hacks and theft
• Regulatory Compliance: FINTRAC MSB registration and OSC marketplace authorization
• Multi-Factor Authentication: Required for all accounts with various authentication methods
• Anti-Phishing Protection: Custom codes and verification methods to prevent fraud
• Continuous Monitoring: 24/7 system monitoring and incident response capabilities

My Overview: My favorite thing about the platform is the simplicity—I can fund my account instantly with Interac e-Transfer and start trading right away without complicated fees or confusing interfaces.

Special Features

Special features are worth noting in this Newton crypto review. Their staking service lets you earn rewards on supported cryptocurrencies like Ethereum and Solana, with varying rates and no guaranteed returns.

The exchange provides both market and limit order types, enabling you to execute trades at current market prices or set specific price targets.

Their referral program incentivizes getting new users on the platform. Users, along with their referred friend, will receive $25 for new signups. There is no limit to the number of referrals you can make.

Other features include advanced charting capabilities powered by professional-grade tools, offering technical indicators, drawing tools, and real-time market data. Their recurring buy feature enables dollar-cost averaging strategies, letting you automate cryptocurrency purchases on scheduled intervals.

Portfolio tracking tools, real-time price alerts, and educational resources are also available to help you understand the crypto markets.

If you want to get the most out of crypto tools, then you should check out our trading guides. These in-depth guides contain everything you need to know about trading crypto, using crypto credit cards, and decentralized crypto exchanges.

Usability

I find the interface refreshingly straightforward. It strikes a great balance between simplicity and functionality. The clean dashboard makes it easy to see my portfolio balance, check prices, and execute trades without feeling overwhelmed by clutter.

The mobile app gives me full trading access on the go. I can check my portfolio offline and get instant notifications when prices move, which keeps me connected without me being glued to my screen.

Navigation feels intuitive, with everything clearly labeled where I’d expect to find it. Trading, portfolio, settings, and help are all just a tap away. The platform does an impressive job of guiding me through different order types when I’m placing trades. The educational resources have been genuinely helpful, and the tutorials walked me through features I might have otherwise missed.

Customer Support

Customer support is available through multiple channels. Response times and quality can vary based on demand and complexity. The primary support is the in-app chat and email ticketing systems.

The comprehensive help center contains frequently asked questions and guides. Human support is available, as Newton does have a phone number (+1 855-639-8662) for support inquiries, though most interactions happen through digital channels.

Mobile App

There is a Newton mobile application that is available for download on the Apple iStore and Google App Store. The apps have the same user-friendly design philosophy as the web platform and work well on Apple and Android devices.

The app supports all core functions, including buying, selling, trading, portfolio monitoring, and account management. You can execute trades, view real-time charts, set price alerts, and manage security settings directly from your mobile devices. You can also perform quick deposits through mobile banking integration and Interac e-Transfer functionality.

Mobile-specific features include secure biometric login options, offline portfolio viewing, and instant push notifications for price movements and account activity. The platform regularly updates the app to maintain security and add new features as they become available.

The True Cost of Trading on Newton

This exchange uses a spread-based fee model rather than charging separate commissions. Fees are built directly into buy and sell prices, meaning you pay slightly more when buying and receive slightly less when selling compared to market rates.

A spread refers to the difference between the highest bid price buyers offer and the lowest ask price sellers accept.

In addition to spread fees, users may incur gas fees—costs for executing transactions on a blockchain network. Fun fact: Newton pays up to $5 of users’ network fees.

Step-by-Step Guide to Funding Your Newton Account and Withdrawing Easily

Canadian dollars (CAD) are the only fiat currency that can fund a Newton account. This may require users to convert other currencies to use the Canadian-based exchange. It does not accept deposits in foreign currencies, crypto-to-crypto funding, or stablecoins.

The platform applies official spreads to both buy and sell orders, with rates varying by asset. It displays these trading fees during the trade process, based on asset tiers:

• Tier 1 (1.00%–1.15%): Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC)
• Tier 2 (1.25%–1.45%): Litecoin (LTC), Solana (SOL), Stellar Lumens (XLM)
• Tier 3 (1.50%–1.60%): All other supported crypto assets

For crypto-to-crypto transactions (swaps), fees also vary by trading pair

There are free Interac e-Transfer deposits and withdrawals, plus a daily $5 subsidy covering withdrawal fees. The spread represents your total trading cost, with no additional commissions.

Does Newton Charge a Monthly Fee?

No, there is no monthly fee for account maintenance or crypto trading. You will pay spread-based trading fees, withdrawal fees (minus the daily $5 subsidy), or certain service fees depending on your activity.

How to Set Up a Newton Account

Setting up an account is straightforward:

1. Visit newton.co or download the mobile app, then click “Sign Up” to begin the account creation process.
2. Provide your email address, create a secure password, and verify your phone number through SMS confirmation.
3. Upload a government-issued photo ID such as a passport or driver’s license and complete automated or manual KYC verification.
4. Provide proof of address if required, such as a utility bill or bank statement for compliance purposes.
5. Link your Canadian bank account through Plaid integration or set up wire transfer details for funding.
6. Enable two-factor authentication using an authenticator app or SMS for enhanced account protection.
7. Deposit CAD through Interac e-Transfer or wire transfer to begin trading on the platform.
8. The verification process typically takes minutes to hours, depending on your region and the completeness of submitted documentation.

Why You Should Trust CryptoVantage: How I Reviewed Newton

The CryptoVantage methodology for rating the best crypto exchanges on the market incorporates different aspects of the digital asset trading experience. Some of the things we look at include:

• Trade volumes and asset availability
• Trading features and tools
• Security
• Transparency, reputation and support
• Fees and added costs
• Ease of use

Newton Alternatives

This service is an excellent choice for Canadian traders who want simplicity, regulatory compliance, and seamless CAD integration. That said, they might not always meet every trader’s needs. To see how they compare to other popular exchanges and find the best match for your specific trading style, explore our detailed comparison articles:

• Newton vs Bitbuy
• Newton vs Shakepay

Final Thoughts: Is Newton Worth It?

The service successfully fulfils its mission as a Canadian-focused cryptocurrency platform that prioritizes accessibility and regulatory compliance. They are a great entry point for newcomers thanks to their intuitive interface, comprehensive educational resources, and transparent pricing through their spread-based model.

For Canadian investors who want a regulated, user-friendly platform to begin their crypto journey or maintain regular trading activity, they are a solid choice that balances simplicity with essential features.