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Newton Exchange is a Canadian-focused cryptocurrency trading platform that launched in 2018, positioning itself as a beginner-friendly entry point for people who want to trade digital assets. In this Newton review, you will learn how the platform has carved out a niche in the Canadian market by emphasizing simplicity, competitive spreads, and regulatory compliance.

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Why Newton Exchange Stands Out

Newton Crypto Exchange

Newton

  • Bills itself as the “No-Fee Cryptocurrency Exchange”
  • Partnership with Plaid gives high-level of security
  • Excellent on-ramp for Canadian cryptocurrency users
  • Offers cryptocurrencies that are sometimes hard to find in Canada
Funding Methods Direct Deposit, Wire Transfer, Crypto
Cryptocurrencies 40+
Countries Canada only

Pros

  • Zero commission fees on trades

  • Beginner-friendly interface

  • Strong regulatory compliance

  • Free Interac e-Transfer deposits and withdrawals

  • 80/20 cold storage security model

Cons

  • Limited to Canadian residents only

  • Limited cryptocurrency selection

Newton at a Glance

Notable Features

Zero commission trades, advanced charting, staking options, mobile apps, $5 withdrawal subsidy

Fees

1-3% spread on trades, free CAD deposits/withdrawals, $5 daily crypto withdrawal subsidy

Cryptocurrencies

70+ including Bitcoin, Ethereum, Solana, XRP, Cardano, and popular altcoins

Security Features

80/20 cold storage, two-factor authentication, institutional-grade backups, FINTRAC/OSC compliance

KYC Requirements

Full name, date of birth, address, phone, email, government-issued photo ID, proof of address

Maximum Daily Deposit Amount

Interac e-Transfer: $10,000 per transaction / $70,000 weekly – Wire Transfer: $10,000 minimum, up to $1,000,000 per transaction

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

The Newton crypto exchange focuses on simplicity and accessibility. The platform operates on a spread-based fee model rather than traditional commission structures, meaning costs are embedded in the bid-ask spread rather than charged as separate fees. 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, they have prioritized regulatory compliance and they are one of the first Canadian exchanges to be registered 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. Customer assets are stored using institutional-grade custody solutions with daily off-site backups maintained 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.

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.

Other benefits include portfolio tracking tools that monitor performance and price movements, real-time price alerts, and educational resources to help you understand cryptocurrency markets.

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 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 a great 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. Newton does have a phone number (+1 855-639-8662) for support inquiries, though most interactions happen through digital channels.

Mobile App

There are native mobile applications for iOS and Android devices. The apps have the same user-friendly design philosophy as the web platform.

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 app is updated regularly to maintain security and add new features as they become available on the platform.

The True Cost of Trading on Newton

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

Official spreads range from 1.00-1.15% for major cryptocurrencies like Bitcoin and Ethereum, up to 1.60% for other assets. Independent testing shows actual spreads can vary from 0.92% to 5.41% depending on market conditions.

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

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.

What Can You Trade on Newton?

They support over 70 cryptocurrencies, focusing on established projects and popular altcoins rather than experimental or meme tokens. The selection includes major cryptocurrencies, stablecoins, and DeFi protocols.

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:

Final Thoughts: Is Newton Worth It?

The service successfully fulfills 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 its 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.

FAQs


If you’re wondering if Newton or the platform itself is safe, the answer is yes. They have not been hacked since launching in 2018 and they keep most customer assets offline in secure locations. They are registered with FINTRAC as a Money Services Business and holds authorization from the Ontario Securities Commission.

They also provide institutional-grade backups, insurance coverage for customer assets, and they maintain continuous security monitoring with regular penetration testing. It is a great option when considering safe crypto exchanges.


They generate revenue through their spread-based fee model rather than charging explicit trading commissions. The platform embeds fees within the difference between buy and sell prices, ranging from 1.00% to 1.60% depending on the cryptocurrency. When you purchase or sell crypto, they include their fee via slightly less favorable exchange rates compared to market prices.


No, the exchange is exclusively available to Canadian residents only. The platform requires Canadian identity verification documents, Canadian bank accounts for funding, and compliance with Canadian KYC regulations. For those wondering if Newton is legal in Canada, the answer is clearly a resounding yes, as it is more than follows national crypto and financial regulations.


There are plenty of essential crypto trading tools, including market orders, limit orders, advanced charting and staking services for supported assets. The platform focuses on accessibility rather than institutional-grade features. They have a single standard account type for everyone, without the VIP tiers or premium features that some competitors offer.

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About the Author

Evan Jones

Evan Jones was introduced to cryptocurrency by fellow CryptoVantage contributor Keegan Francis in 2017 and was immediately intrigued by the use cases of many Ethereum-based cryptos. He bought his first hardware wallet shortly thereafter. He has a keen and vested interest in cryptos involving decentralized backend exchanges, payment processing, and power-sharing.

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