Newton is one of the best beginner-friendly crypto exchanges with low trading fees in Canada.
Newton offers popular digital currencies such as Bitcoin, Ethereum and Polkadot as well as many other altcoins that we think may explode in 2024. Newton has a sleek, modern interface that will appeal to beginner crypto investors. Its cryptocurrency trading platform is easy to navigate, and users can take advantage of free deposits and withdrawals.
One of the key advantages of using Newton is its fee structure. The platform offers 0% fees for CAD funding, CAD withdrawals, and crypto deposits/withdrawals, with up to a $5 network fee waiver. Additionally, Newton does not charge commissions or trading fees, making it an economically attractive option for traders.
Newton supports various deposit methods, including Interac e-Transfer, Wire transfer, and the ability to directly connect a bank account, which is particularly convenient for users dealing with Canadian dollars.
Newton's ease of use and focus on popular cryptocurrencies make it the premier choice for beginner traders in Canada's cryptocurrency market.
It also offers instant verification, which is great if you want to purchase your first crypto fast.
If you would like more advanced trading features, Newton is working on a Pro trading platform that is currently in its Beta stage.
Pros:
- No deposit or withdrawal fees
- Wide selection of coins available
- You can export a T5 statement
- Sleek interface
- Newton Pro for advanced traders in Beta stage
Cons:
- No live chat support.
- No credit card deposits. Debit must be pre-approved.
- High fee on spreads
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Disclaimer: All write-ups and articles do not constitute financial and legal advice in any way whatsoever but for information purposes only.
When making financial and legal decisions and commitments, we strongly recommend you consult your professional financial and legal services provider. Our website uses referral links to various crypto exchanges as a means of monetization. We appreciate it if you choose to use the in-article links, but the decision is ultimately yours.