Newton Crypto Promo Referral Code Aug 2022: Get $25 Bonus

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 70+ different 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 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. CoinSmart

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. 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 fee ranges from 0.1-0.2% and there is a 0.5-1.5% fee for deposits and withdrawals.

Promotion: Get a $40 bonus when you make an initial deposit of $250 or more. You can also read this Bitbuy review for how it works.

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 $30 bonus when you open an account and buy at least $100 worth of crypto (promo code Q5USOTB).

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 as well as versatile mobile apps on iOS and Android devices.

Promotion: Get a cash bonus when you trade your first $150 worth of crypto in the first 30 days. Learn more in this review.

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.

Best Promotions this month

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Get a cash bonus and FREE stock trading in Canada ($25 bonus)

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$25 cash bonus when you fund your account with $150.

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Earn free stocks when you refer your friends.

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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. He has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, Financial Post, Toronto Star, CTV News, Canadian Securities Exchange, Credit Canada, 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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  • Earn up to 180x more than other banks!
  • Get 1.80% interest rate* on every dollar.
  • No monthly fees and unlimited free transactions.
Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.
  • Earn up to 180x more than other banks!
  • Get 1.80% interest rate* on every dollar.
  • No monthly fees & unlimited transactions.
Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.
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