Newton offers low-cost cryptocurrency trading with zero funding or withdrawal fees when using Interac e-Transfer.
We charge a fee on each trade made on the platform, this is how we keep the lights on! This fee is charged on both buys and sells, and ranges between 1% - 1.5%, varying coin to coin. Our full list of pricing is available here, with fees located near the bottom of the webpage. Before completing your trade, you will be presented with an estimated trade fee. After completing your trade, you will receive an email confirming the exact fee charged by Newton.
For cryptocurrency withdrawals, the first $5 of the withdrawal fee is covered* on the first withdrawal made in a fixed 24-hour period from 12 AM-12 AM ET. On the first withdrawal of the period, any transactional fees above $5 will be a cost incurred by the user.
After the 1st withdrawal, the full network fee will be paid by the user, however Newton will not take any fees on top of what the network charges. The variable amount will depend on the transaction and the blockchain fees at the time of the transaction. The total fee amount to be paid will be shown on your dashboard before completing your withdrawal.
*NOTE: For BTC withdrawals, users can choose between 3 different speeds. Only the Free option has network fees covered by Newton. Learn more here BTC Withdrawal Lanes
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