Newton Referral Code 2021: $25 Bonus Promo Code

Want to start trading or investing in cryptocurrencies with one of the best crypto exchanges in Canada? Then this Newton referral code is for you.

Newton is one of the best crypto exchanges in Canada and currently has the largest selection of digital coins available to trade.

First, we’ll show you how to get a $25 sign up bonus when you use a Newton referral code (O7BY2M) or invite link, cover the requirements and how the Newton promo code compares to the other crypto platforms’ promotion.

Let’s start…

Newton Referral Code

Like the other crypto platforms in Canada, new users to Newton get a welcome bonus of $25 when they sign up using a Newton promo code (O7BY2M) or referral link and meet the eligibility conditions.

The Newton referral program is called “Give $25, Get $25”.

Here are the 3 simple steps you need to take to get the Newton referral bonus:

  • Sign-up using a referral link or enter a Newton promo code
  • Complete the Newton verification process
  • Fund your account and trade a minimum of $100

That’s all! The bonus is automatically added to your account.

Even better, you can earn more cash through the Newton referral program by inviting your friends to the crypto exchange.

To get started, simply login to your account to get your unique Newton promo code (XXX) or use the referral link.

Share it with your friends to start earning. There are no caps so you can invite as many friends as possible.

Supported Coins on Newton

At the moment, Newton has the largest selection of cryptocurrencies supported across all the crypto platforms in Canada with 35+ coins.

And it continues to add more coins in batches every other week.

Some of the available coins available on Newton include:

  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • USD Coin
  • Litecoin
  • Monero
  • Ripple
  • Pax Gold
  • Cardano
  • Dogecoin
  • Tether
  • QCAD
  • Stellar Lumens
  • Chainlink
  • Aave
  • Uniswap
  • Maker
  • Balancer

  • Polygon
  • Compound
  • SushiSwap
  • Curve
  • Dai
  • Synthetix
  • Polkadot
  • yearn.finance
  • Fantom

And many more…

So if you’re looking to trade the less capitalized and unpopular altcoins in Canada without going to one of the larger international crypto platforms, Newton is your best bet.

Pros and Cons of Newton

Here are the benefits of the Newton crypto platform

  • Large selection of crypto available to trade
  • No trading fees and tight margins
  • $0 deposit and withdrawal charges
  • Instant verification for new clients

A few of the drawbacks are:

  • Advanced charting and trading tools are not unavailable
  • Spread/Fees are higher than the international crypto platforms

Newton Fees

Overall, Newton has one of the lowest fees among the crypto exchanges in Canada.

There are no trading fees when you buy or sell any other the supported cryptocurrencies.

But the quoted prices include a small spread of between 0.50-0.70%. Compared to other platforms that have spreads of as high as 2%, the Newton spreads is a big bargain especially for frequent traders.

There are also no fees to deposit or withdraw fiat currencies (CAD) with Newton. Depositing your crypto to the exchange is also free.

To withdraw your crypto, Newton covers the first $5 in mining fees. Meaning crypto withdrawals are free for most users.

Is Newton Crypto Legal and Safe?

Newton is regulated as a Money Service Business (MSB) by Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

That means the platform is legal and you’re sure it operates under the relevant Canadian laws.

Is Newton Safe?

Newton stores the bulk of its crypto holdings in cold wallets to prevent unauthorized access and reduce the risk of theft.

In addition, they store all information using modern state-of-the-art encryption technology and controls access using 2-factor authentication.

But remember that deposits or assets on crypto exchanges are not secured by Canadian Deposit Insurance Corporation (CDIC) or Canadian Investor Protection Fund (CIPF).

So you should take extra steps to protect your funds. With crypto, this means you should move your cryptocurrencies to your own cold wallet after buying them.

Here are 2 below $100 you can buy: Trezor and Ledger.


Newton Referral Code vs Competitors

Here’s how the Newton crypto referral code and services compare to the ones at the other crypto exchanges.

Newton vs Binance

Binance is one of the largest crypto platforms worldwide.

With more than 300+ supported cryptocurrencies and $80 billion+ daily transaction volume, Binance is a far bigger crypto exchange compared to Newton.

However, Binance isn’t available to Ontario residents. Also, funding your account with CAD is much easier with Newton.

Binance trading fees starts at just 0.1% and you can get a lifetime discount on the fees using this Binance referral link, plus up to $100 bonus.

Learn more: Binance Referral Code

Newton vs Wealthsimple Crypto

Wealthsimple Crypto is another crypto platform with support for several cryptocurrencies in Canada.

At the moment, it supports 25+ digital assets. That puts it way ahead of many other crypto exchanges but still behind Newton.

You get a cash bonus of $50 when you trade at least $150 with Wealthsimple Crypto.

Learn more in this post about Wealthsimple Crypto promo code.

Newton vs NDAX

NDAX is another top-notch crypto exchange in Canada. It’s been operating in Canada since 2017 and supports 15+ crypto assets.

The trading commission is 0.20% when you buy or sell on NDAX plus a spread of about 0.50% – lowest in Canada.

Deposit CAD to your account is free but there’s a $25 fee for withdrawals.

Bonus: New NDAX clients earn $10 when they deposit a minimum of $100 and earn up to $25 for referring their friends. Learn more in this post covering NDAX referral code.

Newton vs CoinSmart

Coinsmart is another Toronto-based cryptocurrency platform that launched in 2018.

It supports 9 cryptocurrencies including bitcoin, Ethereum, Cardano, Ripple, Litecoin and so on.

Its trading fees is between 0.2-0.4%

Bonus: $20 cash bonus after you deposit at least $100.

Learn more in this Coinsmart referral code post.

Newton vs Shakepay

Shakepay is another crypto trading app that is great for beginner crypto traders and investors.

Like Newton, there are no trading fees but its spreads are higher than the ones at Newton. Also, only bitcoin and Ethereum are supported for now, so you’ll need other apps to trade the other popular altcoins.

Bonus: Get $10 sign-up bonus after trading $100 using the Shakepay referral link or promo code.

Check this post on Shakepay Referral Code to learn more about its offerings.


Newton Promo Code FAQs

How much do I get with the Newton Referral code?

New clients of Newton get $25 cash bonus after they trade a minimum of $100 in any of the supported cryptocurrencies. And they can earn an extra $25 for each friend they invite to join the service too.

How does the Newton promo code work?

Sign up using a Newton referral link or promo code, verify your account, fund it and trade a minimum of $100 to get the bonus.

Where do I find my Newton referral code?

Login to your Newton account, go to the Referral tab and copy your unique Newton crypto referral code or link. Share with your friends to start earning.

Can you enter a Newton referral code after sign up?

No, you can not enter the Newton promo code after you have already signed up for your account. To get the bonus, you must use a Newton referral link or code when signing up as a new client.

Final Thoughts – Newton Referral Code

If you liked this post about Newton Crypto promotion, also check for other promotions below:

Newton Promo Referral Bonus

Summary

Get $25 sign-up cash bonus using our Newton promo code (O7BY2M) or referral link when you trade $100

Simon is a CPA by day and a Personal Finance Blogger by night. With over a decade experience in financial services, he's passionate about personal finance, investing and helping people take control of their financial life.

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