Newton vs Wealthsimple
Compare where to buy or sell Bitcoin & crypto.
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Read my Newton Review
Newton Fees
- Deposits and withdrawals: $0
- Spread: ~0.75% to 1.5%
- Crypto withdrawal: Free up to $5 of network fees
- Check fees and prices on Newton
Funding & Withdrawal Options
- Interac E-Transfer
- Wire Transfer
- Bank Transfer
- Connect your bank account with Plaid
Cryptocurrencies: 70+
✅ Newton Pros
- Low spread fee on trades.
- Easy to use and nice design.
- Lots of altcoins to trade and more are always being added.
- Multi-network support
❌ Newton Cons
- Verifying an account when signing up can take time.
- Can have difficulty at peak times.
- Customer service can be overwhelmed and take time to respond or you need to post on the Newton subreddit to get help.
Wealthsimple Fees
- Spread: ~1.5 to 2%
Funding & Withdrawal Options
- Link bank account
Cryptocurrencies: 49+
✅ Wealthsimple Pros
- Super easy to use
- UI design
- Staking
❌ Wealthsimple Cons
- High fees
- No limit orders
- Takes 3-5 days to transfer and settle funds
Compare More Top Canadian Crypto Exchanges
Spread % | Withdraw Fee | Deposit Fee | # of Coins | ||
1 - 2% | $0 | $0 | 2 | ||
0.75-1.5% | Crypto: Free up to $5 | $0 | 60+ | ||
0.2% | Crypto:~$10 | $0 | 30+ | ||
0.5% | Fiat: $0 | $0 | 30+ | n/a | |
0 - 1.5% | Fiat: 1.5% | $0 | 25+ | ||
0.2 - 0.3% | Crypto: 0.00001 BTC | Fiat: 1.5% | 65+ | ||
VirgoCX | 0.5 - 2.5% | Fiat: $0 | $0 | 67+ | |
Coinbase | 0.5% | 1.49 - 3.99% | 1.49 - 3.99% | 100+ | |
Wealthsimple | ~1.5 - 2% | $0 | $0 | 49+ | |
Crypto.com | ~0.4% | Crypto:~$13 | $0 | 100+ | |
PayTrie | 0.6% | $0 | $0 | 7 stablecoins | n/a |
Bull Bitcoin | 0.5 - 1.25% | Crypto: you decide fee | $0 | 1 | n/a |
Coinsquare | 1.5% | Fiat: 0 - 1.5% Crypto: 0.0005 BTC | $0 | 39+ | n/a |
Bitcoin Well | 0.21% | Variable | $0 | 1 |
Related
- Shakepay vs Newton
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- Newton vs NDAX
- Newton vs Wealthsimple
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.
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nooxli is basic how-to crypto guides, reviews, and information for beginners to get started with cryptocurrency in Canada. Personal investment disclosure: I am long BTC & ETH. I take profits when I feel like it. I trade altcoins in hot markets. NOT investment advice. Investing in cryptocurrency is risky. Do your own research.
Seen in: Finbold, CoinMarketCap, Times Tabloid, and TheBitTimes.com
