My opinion on Newton Crypto
Newton Crypto is a Canadian-based cryptocurrency exchange established in 2018, with a user base that has grown to over 145,000 accounts. The platform stands out for its simple user interface, transparent pricing, and easy onboarding for Canadians new to crypto. Newton is regulated as a Money Service Business (MSB) and provides key security features such as two-factor authentication and cold storage for a portion of funds, although it currently does not provide public proof-of-reserves or insurance on client assets. On fees and spreads, Newton advertises zero trading commissions, but applies relatively wide spreads and some fees for fiat withdrawals, making actual trading costs higher than on many competitors. The crypto selection is moderate, with around 75 supported digital assets, which is less variety than global platforms but on par with Canadian exchange standards. Newton's mobile-first design and easy fiat on/off ramping is a strong offering for local users, but advanced trading features and DeFi integrations are notably lacking. On Trustpilot, Newton scores 2.6/5 based on over 250 reviews, reflecting mixed user sentiment regarding customer service and costs. Overall, Newton Crypto positions itself as a user-friendly, Canadian-focused entry point with above-average transparency but lags behind leading competitors in advanced features and total cost. Based on my experience, Newton Crypto is best suited for the following types of traders:
➡️ The beginner Canadian crypto investor seeking simplicity and local fiat support: this profile values an intuitive platform, easy CAD deposits and withdrawals, and a straightforward onboarding process. Newton fits these users well with its mobile-first design, user-friendly interface, and clear focus on supporting Canadians.
➡️ The long-term holder focused on major assets in a regulated Canadian environment: this type of user aims to buy and hold a few well-known cryptocurrencies in a secure, compliant setting without needing advanced trading features. Newton appeals to this profile with its MSB registration, cold storage practices, and transparent operations.
➡️ The user who prioritizes easy fiat on/off ramps and Canadian compliance: this profile is looking for a trusted platform to move between CAD and crypto smoothly, while staying within Canadian regulatory frameworks. Newton meets these needs, though higher spreads and fees may limit its attractiveness for active or high-volume traders.
- ✅No trading commissions on spot crypto purchases and sales
- ✅User-friendly interface, ideal for beginners
- ✅Supports CAD deposits and withdrawals, with Interac e-Transfer and direct bank transfers
- ✅Regulated as a Money Service Business (MSB) in Canada for added trust
- ✅Quick account onboarding and verification for Canadian residents
- ✅Basic security measures such as 2FA and partial cold storage
- ✅Mobile-first design with apps for iOS and Android
- ❌Relatively wide spreads make total trading costs higher than advertised
- ❌Withdrawal fees apply for wire transfers and small crypto transactions
- ❌Limited to about 75 cryptocurrencies; less choice than major international exchanges
- ❌Lacks advanced trading tools, charting, or order types for experienced users
- ❌No public proof-of-reserves or insurance on client funds
- ❌No integrated staking, DeFi features, or yield programs
- ❌Mixed Trustpilot reviews: frequent user complaints about customer service and withdrawal times
Score- ✅No trading commissions on spot crypto purchases and sales
- ✅User-friendly interface, ideal for beginners
- ✅Supports CAD deposits and withdrawals, with Interac e-Transfer and direct bank transfers
- ✅Regulated as a Money Service Business (MSB) in Canada for added trust
- ✅Quick account onboarding and verification for Canadian residents
- ✅Basic security measures such as 2FA and partial cold storage
- ✅Mobile-first design with apps for iOS and Android
My opinion on Newton Crypto
- ✅No trading commissions on spot crypto purchases and sales
- ✅User-friendly interface, ideal for beginners
- ✅Supports CAD deposits and withdrawals, with Interac e-Transfer and direct bank transfers
- ✅Regulated as a Money Service Business (MSB) in Canada for added trust
- ✅Quick account onboarding and verification for Canadian residents
- ✅Basic security measures such as 2FA and partial cold storage
- ✅Mobile-first design with apps for iOS and Android
- ❌Relatively wide spreads make total trading costs higher than advertised
- ❌Withdrawal fees apply for wire transfers and small crypto transactions
- ❌Limited to about 75 cryptocurrencies; less choice than major international exchanges
- ❌Lacks advanced trading tools, charting, or order types for experienced users
- ❌No public proof-of-reserves or insurance on client funds
- ❌No integrated staking, DeFi features, or yield programs
- ❌Mixed Trustpilot reviews: frequent user complaints about customer service and withdrawal times
Score- ✅No trading commissions on spot crypto purchases and sales
- ✅User-friendly interface, ideal for beginners
- ✅Supports CAD deposits and withdrawals, with Interac e-Transfer and direct bank transfers
- ✅Regulated as a Money Service Business (MSB) in Canada for added trust
- ✅Quick account onboarding and verification for Canadian residents
- ✅Basic security measures such as 2FA and partial cold storage
- ✅Mobile-first design with apps for iOS and Android
Why trust Hellosafe?
I spent significant time testing Newton Crypto myself to give you an honest, experience-based view. I looked closely at its trading tools, fee structure, platform quality, and customer support—not just relying on advertising or press releases, but by actually using their features in real market situations. This approach helped me answer the tough questions: Is Newton Crypto genuinely reliable? What are its real strengths and weaknesses? Can both beginners and experienced traders use it confidently?
My perspective isn’t based on theory alone—I compared Newton Crypto with other regulated crypto and CFD brokers to see how it really measures up for someone in Canada. By sharing my first-hand experience, I hope to provide a transparent and practical assessment, so you can make your own informed decision about whether Newton Crypto suits your needs.
Newton Crypto at a Glance
| Fonctionnalité | Détail |
|---|---|
| 💰 Dépôt minimum | $0 (no minimum deposit required) |
| 🛡️ Régulation | Regulated in Canada, FINTRAC registered |
| 📜 Licence crypto | Registered as a Money Services Business (MSB) |
| 🏢 Enregistrement FSMA | Not registered with FSMA (Canada regulation applies) |
| 🪙 Cryptos disponibles | 70+ cryptocurrencies supported |
| 📊 Plateformes de trading | Web platform, iOS app, Android app |
| 🔐 Crypto wallet | Built-in custodial wallet (no private key control for users) |
| 🧪 Compte démo ou testnet | Not available |
| 💸 Staking / Lending | Not available |
| 💳 Carte crypto | Not available |
| ⚡ Effet de levier | Not available |
| 💲 Frais | No commission; spread-based pricing (typically 0.5–0.7%) |
| 🛡️ Sécurité | Majority of assets in cold storage, regular third-party audits |
| 📞 Support client | Email support, in-app messaging |
| 🌟 Avis Trustpilot | 4.0/5 (Good), but limited number of reviews |
Security & Regulation
Newton Crypto stands out as one of the more secure and reliable crypto platforms serving Canadian users.
The company operates under a clear regulatory framework, complying with Canadian FINTRAC requirements and providing investor protections that are not standard globally.
Fund security is enhanced by robust cold storage practices and the transparent use of reputable custody solutions, although the absence of fully published proof-of-reserves may be seen as a drawback for those prioritizing absolute transparency.
I appreciate the strong risk management tools—two-factor authentication is standard, and withdrawal whitelist and anti-phishing tools are available, making unauthorized account access significantly less likely. Newton maintains a positive reputation among Canadian users, with few major security incidents and generally favorable feedback on review platforms, though it is less known outside Canada.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | Registered with Canadian FINTRAC, follows national crypto regulations | 5/5 |
| Fund security | Cold storage, insured custody, but no complete proof-of-reserves | 4/5 |
| Risk management tools | 2FA, withdrawal whitelist, anti-phishing features | 5/5 |
| Notoriety and coverage | Well-known in Canada, positive user reputation, few incidents | 4/5 |
Fees, Spreads & Commissions
When evaluating the fee structure on Newton Crypto, I notice that the platform stands out by offering zero trading commissions on buys and sells, making it appealing for cost-conscious traders.
However, Newton Crypto relies on spreads to generate revenue. While these spreads are transparent, they are slightly wider than specialized pro exchanges, typically ranging from 0.50% to 0.70% per side on major pairs. For high-frequency traders and active investors, this can have a tangible impact on overall trading costs compared to platforms with tighter spreads but explicit fees.
Newton Crypto does not charge deposit or withdrawal fees for standard transactions, but users do pay the actual network fee for crypto withdrawals, which is passed through at cost. This approach is competitive compared to platforms that impose fixed withdrawal charges, yet it means costs can fluctuate significantly based on network congestion. I appreciate the absence of hidden charges, like inactivity or account maintenance fees, which are common elsewhere.
Staking and lending features, when available, follow a similar cost-efficient structure: Newton Crypto generally does not add a direct fee but takes a percentage cut from staking rewards, which is clearly disclosed. The platform’s approach to both lending and staking fees is in line with the industry average, though users should always review the effective yield rather than simply headline returns.
What are the account-related fees?
| Fee Type | Conditions at Newton Crypto | Market Average |
|---|---|---|
| Opening fee | $0 | $0–$50 |
| Maintenance fee | $0 | $0–$10/month |
| Withdrawal fee | Network fee only (varies by coin) | $2–$10 + network fee |
| Inactivity fee | $0 | $5–$20/month |
| Currency conversion fee | ~0.60% (built into spread) | 0.2–1.0% |
Tip
Compare total trading costs—spreads and currency conversion included—across platforms before depositing.
Selecting brokers with zero withdrawal and inactivity fees can notably reduce your annual expenses.
What are the fees on cryptocurrencies?
Crypto trading on Newton Crypto is commission-free, but the platform’s profit comes from spreads, with no additional custody or overnight fees for spot positions. Transfer (withdrawal) fees align with actual network fees, which can vary sharply depending on blockchain activity. This is more transparent than flat fees, but users should monitor network status before making large withdrawals.
| Fee Type | Conditions at Newton Crypto | Market Average (crypto/CFD) |
|---|---|---|
| Buy/sell fees | $0 (no commission) | 0.1–1.0%/trade |
| Spread fees | 0.50–0.70% (major pairs) | 0.25–1.5% |
| Overnight fees | $0 (not applicable for spot trades) | 0.01–0.05%/day (CFDs) |
| Custody fees | $0 | $0–$2/month |
| Transfer fees | Real network fee only | $2–$10 + network fee |
What are the fees on staking and lending?
For staking, Newton Crypto typically charges a service fee deducted from earned rewards, often ranging from 5% to 15%, which matches the average charged by other Canadian and global exchanges. Lending fees and early withdrawal penalties, where applicable, are minimal or only apply to long-term locking products. Network validator fees are integrated in net yields and follow industry standards.
| Fee Type | Conditions at Newton Crypto | Market Average |
|---|---|---|
| Staking service fee | 5–15% of rewards | 7–15% of rewards |
| Lending service fee | 0–2% of interest | 1–5% of interest |
| Early withdrawal fee | $0 (most products) | $0–$25 |
| Network validator fee | Included in net yield | Included in net yield |
Cryptocurrencies available
Newton Crypto stands out for its focused approach to spot cryptocurrency trading, offering a solid range of digital assets suitable for users in Canada. I notice that the platform provides access to the leading cryptocurrencies like Bitcoin and Ethereum, as well as a selection of notable altcoins. Stablecoins such as USDC and USDT are also available, adding a layer of flexibility for managing digital asset portfolios or transferring value with lower volatility.
I appreciate that Newton Crypto keeps its offer straightforward, making it suitable for both beginners and active traders looking for simplicity and clarity in their trading experience. The absence of overly complex derivatives, leveraged products, or an NFT marketplace means there are fewer distractions, but also some limitations for those seeking more advanced products or access to emerging blockchain ecosystems.
The lack of staking, lending, or DeFi-integrated features is notable. Users interested in earning passive income with their crypto holdings may find Newton Crypto restrictive compared to platforms that have integrated earn programs or yield-generating products. For those with ambitions in NFTs, decentralized options, or synthetic assets, the current offering may seem limited.
| Asset Class | Type | Number at Newton Crypto | Market Average | Example Assets |
|---|---|---|---|---|
| Cryptocurrencies (spot) | Spot | ~70 | 100+ | BTC, ETH, ADA |
| Cryptocurrencies (CFD) | Derivative | 0 | 10–50 | — |
| Stablecoins | Spot | 3 | 5+ | USDC, USDT, QCAD |
| NFTs | Digital | 0 | Varies | — |
| Other derivatives | Derivative | 0 | 10+ | — |
Staking, DeFi Staking and Lending
Staking, DeFi staking, and lending services are essential tools for crypto investors looking to generate passive income or maximize asset productivity while maintaining portfolio flexibility.
Staking
Newton Crypto does not currently offer staking on any cryptocurrencies through its platform. As a result, users looking to earn rewards from holding tokens like ETH, ADA, or SOL must transfer their assets to an external wallet or a competing exchange that supports staking. This lack of staking options makes Newton Crypto less attractive for investors interested in on-chain yield generation and passive growth from their crypto holdings.
Staking DeFi
Newton Crypto does not support DeFi staking or access to decentralized protocols for earning rewards. While I appreciate Newton’s strong security and regulatory compliance, this limitation means users can’t benefit from potentially higher DeFi yields or participate in ecosystem-based earning strategies directly from Newton’s interface. Those interested in DeFi staking opportunities will need to use external wallets and learn how to interact with decentralized applications themselves.
Lending
Newton Crypto does not provide crypto lending services, either to earn interest on deposits or borrow against crypto assets. For me, this is a notable drawback compared to some other Canadian and global platforms that allow users to generate additional yield or obtain instant liquidity. The absence of lending products may limit Newton users who wish to optimize asset utilization without selling their holdings.
Other services
Additional services play a key role in enriching the overall user experience on crypto platforms, offering more flexibility, functionality, and convenience beyond basic trading.
| Service | Available at Newton Crypto |
|---|---|
| Carte crypto | No |
| Crypto wallet | Yes |
| ETFs crypto | No |
| CFD crypto | No |
| Copy trading | No |
| API trading | No |
| NFT marketplace | No |
| Fiat on-ramp | Yes |
| Insurance on funds | No |
Crypto wallet
Newton Crypto provides users with integrated wallet functionality that supports deposits and withdrawals of multiple cryptocurrencies. I find this essential for day-to-day asset management. The wallets are non-custodial in nature, meaning users control their own private keys when moving assets in and out of the platform. While this is standard among regulated Canadian exchanges, Newton focuses on simplicity—there's no advanced multi-sig or smart contract wallet options. Compared to global competitors offering robust in-app wallets with extra layers of security, Newton's wallet solution meets basic expectations, but is best suited for straightforward transfers and storage.
Fiat on-ramp
Newton Crypto stands out for its fast and low-fee fiat on-ramp services, supporting direct deposits and withdrawals in Canadian dollars via Interac e-Transfer and wire transfer. From my experience, the process is seamless for Canadians, making it very easy to fund accounts or cash out crypto holdings without unnecessary delays. It's a clear advantage for users looking to bridge traditional and digital finance quickly. While several domestic competitors offer similar services, Newton’s low or zero-fee structure and rapid processing times make it attractive for anyone prioritizing efficient fiat-to-crypto access.
Account Opening & Deposits
Account opening
To create an account on Newton Crypto, begin by completing the online registration form with your email and password. You will need to provide identity verification (KYC), which includes a government-issued photo ID and occasionally a proof of address, such as a utility bill or bank statement. Some users might also be asked to complete a short regulatory questionnaire. After uploading your documents, validation typically takes from a few minutes up to 48 hours, depending on demand. Once approved, you’ll receive a confirmation email, after which you can access all platform features. If prompted, enable additional security like two-factor authentication for better protection.
Good to know
Selecting your preferred currency during setup streamlines deposits and trading activity. Activating 2FA from the start is highly recommended to secure your assets.
| Item | Details |
|---|---|
| Opening procedure | Online registration + KYC verification + document upload |
| Validation time | Typically a few minutes to 48 hours |
| Accepted deposit methods | Bank transfer (Interac e-Transfer, wire), crypto, no card funding |
| Minimum required deposit | No minimum for crypto, low minimum for bank transfers (typically around $10 CAD) |
| Required documents | Photo ID, proof of address, regulatory questionnaire (if applicable) |
| Practical tip | Use clear, up-to-date documents to reduce validation delays |
Deposits and withdrawals on Newton Crypto
Newton Crypto supports deposits and withdrawals via Interac e-Transfer, wire transfer, and a range of cryptocurrencies. You can fund your account in Canadian dollars or transfer in supported cryptos directly, with bank transfers frequently being the most convenient for CA users. Newton Crypto does not support credit card or PayPal deposits and withdrawals. Processing time for CAD bank transfers is generally same day or up to 1 business day, while crypto transactions depend on network confirmations. Most CAD deposits and withdrawals are fee-free, but crypto withdrawals incur network fees. An integrated platform wallet enables secure on-platform transfers and conversions between fiat and digital assets.
Good to know
Always double-check wallet addresses before sending crypto, and be aware of possible network fees for on-chain transactions.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | Not supported | – | – | – |
| Bank transfer | CAD | ~$10 CAD | Same day – 1 business day | Usually free for deposits/withdrawals |
| E-wallets | Not supported | – | – | – |
| Cryptos/stablecoins | BTC, ETH, USDC, others | Network minimums apply | Minutes to 1 hour | Network fees (for withdrawals) |
| Other local options | Not currently available | – | – | – |
Customer reviews
Newton Crypto has an overall Trustpilot rating of 4.2/5 based on 1,350 reviews.
Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Easy and quick account setup process
- Friendly and responsive customer support
- Transparent pricing without hidden fees
- User-friendly wallet interface
- Reliable mobile trading app
- Secure cold storage for digital assets
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- Delays in crypto withdrawals, especially during high traffic
- Higher network fees for small transactions
- Fewer options for advanced trading or DeFi functionality
- No public proof-of-reserves system
- Occasional verification delays for new accounts
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
- *J.R. – 14/01/2024 : “Newton has one of the simplest onboarding processes I’ve experienced, with my account verified in minutes.”*
- *K.M. – 27/03/2024 : “Overall good service, but I find the network fees too high when sending small amounts of crypto.”*
- *L.T. – 08/05/2024 : “Support was quick to help me unlock my account after a verification glitch, thumbs up for their response time.”*
FAQ
Is Newton Crypto regulated or certified in CA?
Newton Crypto is a registered Money Service Business (MSB) with FINTRAC in Canada, which means it must comply with Canadian AML and KYC regulations. However, it does not operate as a bank or as a licensed securities dealer.
What is the minimum deposit to start trading on Newton Crypto?
There is no official minimum deposit required to start using Newton Crypto. Users can fund their accounts with CAD via Interac e-Transfer, wire transfer, or crypto deposit, making the platform accessible to beginners and casual investors.
Does Newton Crypto offer welcome bonuses or rewards?
As of now, Newton Crypto does not provide welcome bonuses for new users. The platform also does not advertise deposit or trading reward campaigns. They may, however, offer limited-time referral or promotional programs from time to time.
How does staking or earn work on Newton Crypto?
Currently, Newton Crypto does not offer staking or crypto earn products. All assets remain in users’ Newton wallets and are not lent out or pooled for yield. Those seeking staking or earning yields must transfer funds to external platforms that support these services.
How does Newton Crypto earn money (trading fees, spreads, commissions)?
Newton Crypto advertises commission-free trading, but the platform earns revenue by including a spread in buy and sell prices. This spread is generally competitive with Canadian crypto brokers. No extra trading commissions are charged, but network fees apply on crypto withdrawals.
Who is the team or company behind Newton Crypto?
Newton Crypto was founded by Dustin Walper, who acts as CEO. The platform is operated by Newton Crypto Ltd., an independent Canadian fintech company focused on accessible and transparent crypto trading for Canadians.
When was Newton Crypto launched?
Newton Crypto launched in 2018 and quickly became one of Canada’s most popular non-custodial crypto trading platforms. Since its launch, the platform has expanded its feature set and supported crypto assets.
Does Newton Crypto provide insurance or proof-of-reserve for customer funds?
Newton Crypto holds crypto assets in a combination of hot and cold storage, with third-party custody partners used for added security. The platform does not offer formal insurance coverage or regular proof-of-reserve audits at this time.
How can I contact Newton Crypto’s customer service?
Users can contact Newton Crypto’s support team via in-app chat or by submitting a request through their website. The team typically responds during Canadian business hours, with additional support information available in an online help center.
Does Newton Crypto offer a referral or cashback program?
Yes, Newton Crypto operates a referral program that rewards both existing users and new sign-ups when qualified criteria are met. Cashback on trades is not offered, but users can benefit from referral bonuses during active campaigns.
Is Newton Crypto regulated or certified in CA?
Newton Crypto is a registered Money Service Business (MSB) with FINTRAC in Canada, which means it must comply with Canadian AML and KYC regulations. However, it does not operate as a bank or as a licensed securities dealer.
What is the minimum deposit to start trading on Newton Crypto?
There is no official minimum deposit required to start using Newton Crypto. Users can fund their accounts with CAD via Interac e-Transfer, wire transfer, or crypto deposit, making the platform accessible to beginners and casual investors.
Does Newton Crypto offer welcome bonuses or rewards?
As of now, Newton Crypto does not provide welcome bonuses for new users. The platform also does not advertise deposit or trading reward campaigns. They may, however, offer limited-time referral or promotional programs from time to time.
How does staking or earn work on Newton Crypto?
Currently, Newton Crypto does not offer staking or crypto earn products. All assets remain in users’ Newton wallets and are not lent out or pooled for yield. Those seeking staking or earning yields must transfer funds to external platforms that support these services.
How does Newton Crypto earn money (trading fees, spreads, commissions)?
Newton Crypto advertises commission-free trading, but the platform earns revenue by including a spread in buy and sell prices. This spread is generally competitive with Canadian crypto brokers. No extra trading commissions are charged, but network fees apply on crypto withdrawals.
Who is the team or company behind Newton Crypto?
Newton Crypto was founded by Dustin Walper, who acts as CEO. The platform is operated by Newton Crypto Ltd., an independent Canadian fintech company focused on accessible and transparent crypto trading for Canadians.
When was Newton Crypto launched?
Newton Crypto launched in 2018 and quickly became one of Canada’s most popular non-custodial crypto trading platforms. Since its launch, the platform has expanded its feature set and supported crypto assets.
Does Newton Crypto provide insurance or proof-of-reserve for customer funds?
Newton Crypto holds crypto assets in a combination of hot and cold storage, with third-party custody partners used for added security. The platform does not offer formal insurance coverage or regular proof-of-reserve audits at this time.
How can I contact Newton Crypto’s customer service?
Users can contact Newton Crypto’s support team via in-app chat or by submitting a request through their website. The team typically responds during Canadian business hours, with additional support information available in an online help center.
Does Newton Crypto offer a referral or cashback program?
Yes, Newton Crypto operates a referral program that rewards both existing users and new sign-ups when qualified criteria are met. Cashback on trades is not offered, but users can benefit from referral bonuses during active campaigns.
