Newton vs Kraken

Compare where to buy or sell Bitcoin & crypto.

Affiliate Disclaimer – we earn from qualifying purchases.

Read: 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

Funding & Withdrawal Options

Interac E-Transfer
Wire Transfer
Bank Transfer
Connect your bank account with Plaid

Cryptocurrencies: 70+

Visit Newton

✅ 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.

Get $25 Newton Sign Up Bonus →

kraken

Read: Kraken Review

Kraken Fees

Fiat Deposits: 1.5%
Spread: 0 to 0.26% per trade
Crypto withdrawal: 0.00001 BTC

Check Fees and Prices

Funding & Withdrawal Options

Interac E-Transfer
Wire Transfer (Etana Custody)
In-person at Canada Post

Cryptocurrencies: 65+

Visit Kraken

✅ Kraken Pros

One of the oldest exchanges in crypto
Full trade platform
Crypto to crypto trading pairs
24/7 live chat support
Low spread fee

❌ Kraken Cons

Complicated fee structure
Not as beginner-friendly
1.5% deposit fee on fiat
High crypto withdrawal fee

Get $10 USD in BTC – Kraken Sign-Up Bonus when you use the app →

Compare More Top Canadian Crypto Exchanges

	Spread %	Withdraw Fee	Deposit Fee	# of Coins	Referral Code
Shakepay	1 - 2%	$0	$0	2	Get $5
Newton	0.75-1.5%	Crypto: Free up to $5	$0	60+	Get $25
NDAX	0.2%	Crypto:~$10	$0	30+	Get $10
Netcoins	0.5%	Fiat: $0 Crypto:~$15	$0	30+	Get $25
Bitbuy	0 - 1.5%	Fiat: 1.5% Crypto:~$10	$0	25+	Get $5
Kraken	0.2 - 0.3%	Crypto: 0.00001 BTC	Fiat: 1.5%	65+	Get $13
VirgoCX	0.5 - 2.5%	Fiat: $0 Crypto:~$10	$0	67+	Get $20
Coinbase	0.5%	1.49 - 3.99%	1.49 - 3.99%	100+	n/a
Wealthsimple	~1.5 - 2%	$0	$0	49+	Win $5 to $3K
Crypto.com	~0.4%	Crypto:~$13	$0	100+	Get $25
PayTrie	0.6% Min. $5 Fee	$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	n/a

HowToBuyBitcoin101.com is a simple guide for beginners to get started with cryptocurrency in Canada. We also review and compare crypto exchanges and wallets.

AFFILIATE DISCLAIMER – We earn from qualifying purchases.

Get in Touch

info@howtobuybitcoin101.com

Pages

Home
Prices
Articles
About
Glossary
Contact
Sitemap

© 2023, HowToBuyBitcoin101.com

Privacy Policy · Terms of Use · Editorial Integrity Policy · Affiliate Disclosure · GPDR Policy

IMPORTANT DISCLAIMER: All content provided herein on our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third-party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice, or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyze, and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.