Newton

Overview of Newton

Newton is a virtual currency exchange based in Canada. It was founded in 2018 and operates under the regulatory authority of FINTRAC (Financial Transactions and Reports Analysis Centre of Canada). Users can conveniently make deposits and withdrawals through bank transfers and e-transfers.

Pros and Cons

Security

Newton, as a virtual currency exchange, prioritizes the security and protection of user assets. The platform implements various protection measures to ensure the safety of user funds and personal information. These measures include secure encryption protocols, multi-factor authentication, and advanced security technologies.

User feedback regarding the security of Newton has been positive overall. Users have reported that they feel confident and secure while using the platform. However, it is important to note that no platform is completely immune to security risks, and users should always take precautions to protect their own accounts and assets.

Services

Official digital wallet: Newton Services has developed an official digital wallet that allows users to store, send, and receive cryptocurrency. The wallet is available on both iOS and Android devices.

Charity: Newton Services provides a platform for people to donate to their favorite charities. The organization also matches donations to certain charities.

Related services: Newton Services also provides a variety of other services, such as job training, financial literacy education, and tax assistance.

Newton APP

Traders can trade with Newton on both the mobile app and the desktop app.

Supported Versions

1. MOBILE APP: iPhone/iPad (iOS 11.0 or later) and Android (5.0 or later)

2. DESKTOP APP: Mac OS with Intel, Mac OS with M1, Windows (7 or later), and Linux (Ubuntu 16.04 or later)

How to Buy Cryptos

Newton App:

1. Download the Newton App from the App Store or Google Play.

2. Create an account and verify your identity.

3. Link a bank account or debit card.

4. Search for the cryptocurrency you want to buy.

5. Enter the amount you want to buy and tap “Buy.”

How to Open an Account？

The registration process of Newton consists of the following steps:

1. Visit the Newton website: To begin the registration process, visit the official Newton website.

2. Click on the “Sign Up” button: Locate the “Sign Up” button on the website and click on it to initiate the registration process.

3. Provide your email address: Enter your email address in the designated field to create a Newton account.

4. Create a password: Choose a strong and secure password for your account. Make sure to follow any password requirements provided by Newton.

5. Agree to the terms and conditions: Review and accept the terms and conditions of Newton by ticking the appropriate box.

6. Verification and account setup: Follow the instructions provided by Newton to verify your email address and complete the account setup process.

By following these steps, users can successfully register and create a Newton account to start trading on the platform.

Fees

Newton charges trading fees for both makers and takers. The fees range from 0.2% to 0.5% depending on the trading volume. Makers, who provide liquidity to the market by placing limit orders, are charged lower fees compared to takers, who remove liquidity by placing market orders.

Deposit & Withdrawal

Newton offers deposit and withdrawal methods through bank transfers and e-transfers. Users can conveniently make deposits and withdrawals using these methods.

Newton does not charge any fees for deposits made through bank transfers and e-transfers. However, there are fees associated with withdrawals, which vary depending on the withdrawal method and the currency being withdrawn.

The processing time for deposits and withdrawals on Newton depends on various factors such as the user's bank or financial institution, the transaction volume, and any additional verification processes that required. Generally, deposits and withdrawals through bank transfers and e-transfers take a few business days to be processed.