Home  >  Newton


Newton US





Last Updated Jan 8, 2023  |  Affiliate Disclosure

  • Review

What Is Newton?

Newton is a low-cost cryptocurrency exchange with no deposit fees, no trading fees, and low spreads which you can transparently see in real-time on their website.

It's one of the best fiat on/off ramps in Canada and recently, they expanded into the USA to offer their services. While they don't offer the most features or altcoins like Binance US or KuCoin, Newton is a great fiat on and off ramp that is easy to use.

More Info...

  • Founded in 2018 and launched in USA in 2022
  • Trusted by 500,000 users in Canada
  • Transparent with their spreads
  • Valued at over $250 million

Newton's Best Features

Newton Features

Newton doesn't offer the most features like staking, advanced trading, crypto debit cards and more. However, that's because they're focused on being a low-cost platform that is easy to use. They do a good job at being a simple, inexpensive fiat on/off ramp. Here are its best features:

  • Instant Verification - Sign up in 5 minutes. Just upload your ID and you will be automatically verified 
  • Low Fees - Newton is commission-free and has free deposits and withdrawals. They make money on the spread, like most exchanges, but Newton has low spreads. It ranges from 0.50%-1.00% which you can transparently see in real-time at Newton.co/us/prices
  • 20+ Cryptocurrencies - Newton US offers 20+ cryptocurrencies but there are plans to add more. The Canadian version already has 75+ altcoins so you can expect to see more over time.
  • Cheap Crypto Withdrawals - If you want to withdraw crypto to another wallet or exchange, Newton covers the first $5 of blockchain fees. This means some coins like Bitcoin and Stellar will usually be free to withdraw and you'll get a discount on more expensive coins like Ethereum. They also have multichain support to ensure you get the best rates. 
  • Beginner Friendly - Newton's trading interface is very smooth and simple. It's easy enough for anyone to make trades, even if they have zero experience with cryptocurrencies. You have access to market orders and limit orders and you can filter between line charts and candlestick charts. If you're looking for advanced trading, Newton will not be the place to get technical indicators, order books, or advanced order types.

How To Fund Your Account

You can deposit USD into your Newton account via ACH bank transfer for free (up to 4 days). The other option is wire transfer which is also free, however there might be fees fro your bank.

The Bottom Line

Newton has a great UX, 20+ coins and low fees (including spreads). While Newton doesn't offer many altcoins or features like some of the other crypto exchanges, it can be a great fiat on/off ramp. 

Since Newton has free deposits, low spreads, and cheap crypto withdrawals, it's a great platform to buy crypto with USD. And then you can transfer it to other wallets, Dapps, and exchanges. The platform has grown quickly in Canada and if they keep adding coins and features, it could become popular in the U.S. as well.

Pros & Cons

  • Great fiat on ramp (free USD deposits)
  • No trading fees and low spreads which range from 0.50%-1.00%
  • Great user-interface
  • Not for advanced trading
  • Only 20+ coins so far
  • Limited features overall

Stay Updated

Get the latest exchange reviews, releases, and how-to guides on Bitcoin, cryptocurrency and more.

Never spam. Unsubscribe any time