Newton Review 2026
Newton is a 100% Canadian crypto exchange founded in Toronto in 2018. It is one of the few exchanges specifically designed for Canadians, with deposits exclusively in Canadian dollars (CAD) via Interac or bank transfer. Newton quickly established itself as the main alternative to Shakepay for Canadians looking to buy Bitcoin and other cryptos simply.
The platform has reached a valuation of $200 million CAD and has approximately 200,000 users. Newton is registered with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) and complies with the requirements of the Canadian Securities Administrators (CSA/AMF). The interface is deliberately simple — ideal for beginners who don't want to navigate complex order books.
| Feature | Details |
|---|---|
| Founded / HQ | 2018 · Toronto, Ontario, Canada |
| Type | Centralized Exchange (CEX) · Custodial |
| Regulation | FINTRAC · CSA · AMF · Registered in Canada |
| Available Cryptos | 75+ assets (BTC, ETH, SOL, ADA, XRP, USDC, QCAD...) |
| Fiat Currency | CAD only · No USD, EUR, GBP |
| Fee Model | Integrated spread 0.5%–1.6% · No visible fees |
| Deposit Methods | Interac e-Transfer · Bank transfer · No card |
| Sign-up Bonus | $25 CAD offered at sign-up |
| Mobile App | ✓ iOS · Android · Clean interface |
| Valuation | ~$200M CAD · ~200,000 users |
| Staking | ✕ Not available on Newton |
| Futures / Margin | ✕ Not available |
Newton claims to offer $0 trading fees — which is technically true but misleading. The platform charges no visible commission, but embeds its fees in the bid-ask spread : it buys your crypto slightly below market price and sells it slightly above. This spread ranges from 0.5% to 1.6% depending on the asset category.
| Tier | Assets | Spread (real cost) |
|---|---|---|
| Tier 1 | Bitcoin (BTC) · Ethereum (ETH) · USDC | 1,00 %–1,15 % |
| Tier 2 | Litecoin (LTC) · Solana (SOL) · Stellar (XLM) | 1,25 %–1,45 % |
| Tier 3 | All other assets | 1,50 %–1,60 % |
| Crypto-to-crypto swap | Variable by pair | Variable · Généralement plus élevé |
| Network fees (gas) | Newton covers up to $5 CAD | Partially covered |
| CAD deposit fees | Interac · Transfer | Free |
| CAD withdrawal fees | Bank transfer | Free |
Newton supports over 75 cryptocurrencies — a solid selection for beginner to intermediate investors, but limited for active traders looking for emerging altcoins. The list includes all majors and many recognized DeFi projects.
Bitcoin (BTC) · Ethereum (ETH) · Solana (SOL) · XRP · Cardano (ADA) · Dogecoin (DOGE) · Polkadot (DOT) · Chainlink (LINK) · Litecoin (LTC) · Stellar (XLM) · Avalanche (AVAX) · USDC · USDT · QCAD (CAD stablecoin) · and 60+ others
Newton is registered with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) and complies with the requirements of the Canadian Securities Administrators (CSA). The platform performs full KYC (identity verification) for each user.
| Security aspect | Assessment |
|---|---|
| Canadian regulation | ✓ FINTRAC · CSA · AMF registered |
| Two-factor authentication (2FA) | ✓ Mandatory · Authenticator app or SMS |
| KYC / Identity verification | ✓ Photo ID + automated verification |
| Cold storage (client funds) | ✓ Majority of funds in cold storage |
| Deposit insurance | ✕ No CIPF insurance (unlike regulated brokers) |
| Hack history | ✓ No major incidents reported |
| Transparency | Moderate · Annual report available |
Newton's interface is deliberately minimalist — which is both its greatest strength and weakness. Three main buttons: Trade · Withdraw · Deposit. No order book, no technical charts, no advanced trading options. You enter a CAD amount, see how much crypto you receive, and confirm.
This simplicity is perfect for DCA investors who buy regularly without caring about technical analysis. However, for active traders, Newton is completely unsuitable — you'll need to switch to Kraken, Coinbase Advanced or a DEX.
🔹 Account opening in under 5 minutes · Instant verification for most users
🔹 Highly-rated iOS and Android mobile app · Swipe between Trade/Deposit/Withdraw
🔹 Balance displayed in both CAD and crypto simultaneously
🔹 Quick conversion buttons: 50%, 75%, Max of your CAD balance
| Method | Direction | Delay | Fees |
|---|---|---|---|
| Interac e-Transfer | CAD Deposit | Instant | Free |
| Bank transfer (EFT) | CAD Deposit | 1–3 business days | Free |
| Bank transfer | CAD Withdrawal | 1–3 business days | Free |
| Crypto withdrawal (on-chain) | To external wallet | Variable · Network confirmation | Newton covers $5 of network fees |
| Crypto deposit | Not available via direct CAD | — | — |
| Credit / debit card | Not available | — | — |
Newton is the ideal choice for a Canadian who wants to buy Bitcoin or Ethereum for the first time in a few minutes, in Canadian dollars, via Interac. The interface is the simplest on the Canadian market, sign-up takes less than 5 minutes, and the $25 offered at sign-up is a welcome bonus.
However, the real spreads of 1.0 to 1.6% are significantly higher than at Kraken (0.16%) or Coinbase Advanced (0.40%). For DCA investors with small monthly amounts, the difference is acceptable. For active traders or large investments, Newton is not the most cost-effective choice.
Newton is perfectly suited for beginner Canadians in crypto who want simple, regulated and fully CAD-denominated access. Advanced users will prefer Kraken or Coinbase for fees, or a DEX for self-custody.