Newton Crypto Promo Referral Code 2021: Get a $25 Bonus

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by Enoch Omololu

Updated

Advertiser Disclosure

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

Since its founding in 2018, the Newton crypto platform has become popular for its large selection of coins as well as 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.

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 with them 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 40+ different cryptocurrency coins and tokens including BTC, ETH, XRP, LTC, and DOGE.

Here’s a full listing:

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

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

Instant verification is available for most clients. If the system is unable to verify your identity, you will be asked to provide extra documentation, such as proof of address and a government-issued ID.

After this is completed, 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 0.70%.

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 0.70%
  • Accepts only Canadian dollar fiat
  • Not for very advanced traders as trading tools are basic.

Newton vs. NDAX

NDAX is a cryptocurrency exchange based in Calgary. It offers 16 different coins and has one of the lowest crypto trading fees in Canada (0.20%).

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

Promotion: Get a $10 bonus after depositing at least $100. Read my NDAX review for more information.

Newton vs. Wealthsimple Crypto

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

It supports 28 coins and you can fund your account using electronic funds transfer. The platform is available via a web interface as well as versatile mobile apps on iOS and Android devices.

Promotion: Get a $50 bonus when you trade your first $150 worth of crypto. Learn more in this review.

Newton vs. Shakepay

Shakepay is a crypto brokerage based in Montreal. Since it was launched 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.

Promotion: Get a $10-$30 bonus when you open an account and buy at least $100 worth of crypto (promo code Q5USOTB).

Newton vs. Bitbuy

Bitbuy was one of the first crypto trading platforms in Canada. It supports 9 coins including BTC, ETH, LTC, XLM, EOX, LINK, AAVE, XRP, and BCH.

Its trading fee ranges from 0.1-0.2% and there is a 0.5-1.5% fee for deposits and 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
4.5

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.

Hottest Promotions this month

Free reloadable prepaid card.

Earn 0.50% cash back on all purchases and up to 5% at select partners

Save automatically and earn 1.20% interest on your balance.

Get 3-day early access to $100 of your paycheque when needed.

No monthly fees or obligations.

Free credit scores and reports are updated weekly.

Access to DIY credit monitoring to check for identity fraud.

First Canadian company to offer free credit scores.

Only commission-free stock and ETF trading platform in Canada.

$0 trading commissions on thousands of products.

$50 cash bonus when you fund and trade $100 or more.

Free stock bonuses are available up to $4,500*.

1.25% interest rate on your savings account.

Up to 125x more earnings than other banks.

No monthly account fees; fast and easy online sign-up.

Free and unlimited bill payments and Interac e-Transfers.

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Author

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Enoch Omololu

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch has a passion for helping others win with their personal finances and has been writing about money matters for over a decade. His writing has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, Financial Post, Toronto Star, Credit Canada, MSN Money, National Post, CIBC, and many other personal finance publications.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

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