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Newton Crypto Promo Referral Code (Feb 2023): $50 Offer

Newton is a cryptocurrency brokerage platform in Canada. It is available via a web interface and on iOS and Android smartphones.

Since its founding in 2018, the Newton crypto platform has become popular for its large selection of coins and no-fee trading offer.

When you open an account using our Newton promo code (S1W78J) or referral link, you get a $25 cash bonus after trading at least $100 worth of crypto.

Alternatively, you can open a CoinSmart trading account and get a $50 bonus after depositing $200.

Newton Referral Promo Code

Newton rewards new clients when they sign up using a valid referral link, complete the verification process, and trade $100 or more.

After ticking all the eligibility criteria, you get $25 deposited into your account. As a client, you can also refer others by sharing your custom Newton promo code (such as S1W78J) or referral link via social media.

When they buy or sell $100 worth of crypto, you both receive a $25 bonus.

You can refer as many people as you’d like.

Join Newton + $25 Bonus

How Does Newton Work?

Crypto traders can use Newton to buy and sell 70+ cryptocurrency coins and tokens, including BTC, ETH, XRP, LTC, and DOGE.

Here’s a partial listing:

BitcoinDogecoinBitcoin CashKyber Network
LitecoinStellarUniswapSolana
TetherAaveSushi Swap1inch
ChainlinkCompoundDaiDecentraland
PolygonSyntheticPolkadotFantom
Curve DaoYearn FinanceAxie InfinityAlgorand
CardanoPAX GoldOxOMG Network
Maker DAOEnjin CoinBalancerTerra
Basic AttentionRippleEOSTerraUSD
EthereumUSD CoinDashZCash
QCADRenAmpShiba Inu
UMATezosHederaLoopring

To get started, sign up here and confirm your phone number

Instant verification is available for most clients. If the system cannot verify your identity, you will be asked to provide extra documentation, such as proof of address and a government-issued ID.

After completing this, you can fund your account via Interac e-Transfer, bank wire, or by depositing crypto from an external wallet.

Newton Fees

Newton does not charge fees when you deposit or withdraw funds. It also does not have trading fees.

When you make a transaction on the platform (buy or sell), you pay a price spread that ranges from 0.50% to 2.00%.

This is the only ‘fee’ on the Newton exchange.

Is Newton Crypto Safe?

Newton protects client accounts using encryption technology and 2-factor authentication.

It stores a majority of the crypto assets on the platform offline in cold wallets so they can’t be accessed by hackers.

As per its website, Newton is regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

That said, crypto investors should note that their investments do not qualify for protection by the Canadian Investor Protection Fund (CIPF).

Pros of Newton

Newton clients enjoy the following benefits:

  • Access to multiple coins on one platform
  • No fee for withdrawals and deposits
  • Beginner-friendly platform with one-click trades
  • Cold storage protection and 2-FA
  • Availability on all devices
  • Instant verification

Cons of Newton

  • There is no fixed trading fee, and price spreads are up to 2%
  • Accepts only Canadian dollar fiat
  • Not for very advanced traders, as trading tools are basic.

Newton vs. CoinSmart ($50 Offer)

CoinSmart is the top Canadian crypto exchange on this list. It offers multiple coins and has one of the lowest crypto trading fees in Canada at 0.20%.

You can fund your NDAX account using Interac e-Transfer, bank wire, bank draft, credit card, and crypto deposits.

Promotion: Get a $50 bonus after depositing at least $200. Learn more in this review.

Newton vs. Shakepay

Shakepay is a crypto brokerage based in Montreal. Since its launch in 2015, Shakepay has served more than 600,000 Canadians.

It only supports Bitcoin and Ethereum trading.

Shakepay has no trading fees, and withdrawals/deposits are also free. That said, there is a variable price spread for every transaction (up to 3%).

Promotion: Get a $30 bonus when you open an account and buy at least $100 worth of crypto (promo code Q5USOTB not needed).

Newton vs. Wealthsimple Crypto

Wealthsimple Crypto is a crypto trading platform owned by one of Canada’s largest wealth management companies, Wealthsimple.

It supports 50+ coins, and you can fund your account using electronic funds transfer. The platform is available via a web interface and versatile mobile apps on iOS and Android devices.

Trading fees range from 1.5% to 2%.

Promotion: Get a $25 bonus when you deposit at least $150 in the first 30 days. Learn more in this review.

Newton vs. Bitbuy

Bitbuy was one of the first crypto trading platforms in Canada. It supports 20+ coins, including BTC, ETH, LTC, XLM, EOX, LINK, AAVE, XRP, and BCH.

Its trading fees are up to 1.5%, and there is a 1.5% fee for fiat withdrawals.

Promotion: Get a $20 bonus when you make an initial deposit of $250 or more. You can also read this Bitbuy review for how it works.

Newton Referral Program
  • Ease of use
  • Trading fees
  • Welcome offer
  • Withdrawals and deposits
4.4

Summary

Our Newton promo code (S1W78J) and referral link give you a $25 cash bonus when you sign up. Learn more about the Newton referral program.

Pros

  • Wide selection of coins to choose from
  • Free fiat deposits and withdrawals
  • User-friendly interface
  • Instant verification

Cons

  • Trading fees of up to 2%
  • No advanced trading tool

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Author

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SavvyNewCanadians Team

The SavvyNewCanadians Team work to break down Canadian personal finance information into easy-to-understand, actionable bits. Drawing from education in finance and over 20 years of combined experience writing about money matters, we aim to help you make smarter money decisions.

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