Newton alternatives

Compare the best alternatives to Newton alternatives for Canadian crypto traders.

By   |   Updated 20th January 2022

Comparing Newton alternatives

Bitbuy

On Bitbuy's website

Featured

Bitbuy

Highlights

  • Trading and withdrawing funds from Bitbuy is more expensive than it is on Newton.
  • There’s a similar number of tradable coins on Newton and Bitbuy.
  • Both exchanges feature a straightforward layout and design, making them suitable for beginners.
  • Digital assets are kept in cold storage at both exchanges.
NDAX

On NDAX's website

Highlights

  • Newton’s range of cryptocurrencies is more substantial than what’s available on NDAX, making it excellent for those seeking diversity.
  • NDAX is more expensive for trading and withdrawing funds.
  • Both exchanges are appropriate for beginners and store digital assets in cold storage facilities.
Coinberry

On Coinberry's website

Highlights

  • Newton is significantly cheaper than Coinberry to trade and withdraw funds.
  • Both exchanges have a fairly limited range of tradable coins, although Newton tends to add coins regularly.
  • Both the exchanges use third-party cold storage facilities, with Coinberry using Gemini.
CoinSmart

On CoinSmart's website

Highlights

  • Trading and withdrawal fees are higher on Newton versus CoinSmart.
  • There are more cryptocurrencies to trade on Newton compared to CoinSmart.
  • Both exchanges are suitable for beginners, with Newton’s design being of notably high quality.
Coinbase

On Coinbase's website

Coinbase

Highlights

  • Coinbase has a bigger choice of tradable coins compared to Newton.
  • Coinbase's fees schedule is opaque in comparison to Newton's.
  • The user experience at both Newton and Coinbase is suitable for both novice and experienced traders.
  • Both exchanges use cold storage to keep user’s digital assets safe.
Binance

On Binance's website

Binance

Highlights

  • Binance has a substantially larger crypto market compared to Newton.
  • Binance caters towards experienced traders who want access to more exotic altcoins. Newton has more mainstream appeal.
  • Due to regulatory issues, Binance is unavailable in some areas of Canada. Newton is available nationally.
Shakepay

Highlights

  • Newton’s choice of tradable cryptocurrencies is better than Shakepay’s.
  • Shakepay does not charge a trading fee, but each transaction incurs a spread fee. Shakepay does not charge any fees for deposits or withdrawals.
  • Both exchanges store digital assets using offline cold storage facilities.
Wealthsimple Crypto

Wealthsimple Crypto

Highlights

  • Sign up in minutes with $0 deposit required.
  • No fees to deposit or withdraw funds.
  • Digital assets held in cold storage and insured by Gemini Trust Company.
Kraken

On Kraken's website

Kraken

Highlights

  • Trade more coins on Kraken than on Newton.
  • Newton's trading and withdrawal fees are lower than they are on Kraken.
  • Both exchanges are suitable for beginner crypto traders.
  • Offline cold storage is used by both exchanges.
Netcoins

Netcoins

Highlights

  • Create an account and get verified in minutes at Netcoins, just like you can with Newton.
  • Fund your account with $0 fees through a cryptocurrency deposit, Interac e-Transfer, online bill payment or bank wire transfer.
  • With price alerts, stay in the loop on those big moves.