Security Compliance
Beaver Bitcoin is non-custodial, which puts it in the same safety category as Bull Bitcoin and Bitcoin Well rather than traditional exchanges. Because coins are delivered to your wallet immediately, the platform never accumulates customer funds that hackers could target, and there's no scenario where your bitcoin gets stuck behind a frozen withdrawal queue. The trade-off is on you: you must set up and secure your own Bitcoin wallet before your first purchase, so pick a good one and back up your seed phrase properly.
Newton holds 80% of client assets offline in custodial cold storage with Coinbase and the remaining 20% in hot wallets secured by Fireblocks, with crypto assets covered by an insurance policy. Customer data is stored on Canadian servers with daily offsite backups, and the platform is tested internally every month and externally every year for vulnerabilities. Mandatory two-factor authentication and direct bank integration round out fraud protection.
Newton holds 80% of client assets offline in custodial cold storage with Coinbase Custody and the remaining 20% in hot wallets secured by Fireblocks, with crypto assets covered by an insurance policy. Customer data is stored on Canadian servers with daily offsite backups, and the platform is tested internally every month and externally every year for vulnerabilities. Mandatory two-factor authentication and direct bank integration round out fraud protection.
Beaver Bitcoin's edge is its non-custodial model — the platform doesn't hold your coins; delivery is straight to your wallet on every purchase, eliminating exchange-custody risk entirely. The main trust factor is that Beaver successfully routes the BTC to your address, which it does as a standard on-chain transaction you can verify on the public blockchain. FINTRAC registration with full KYC adds regulatory accountability.
Beaver Bitcoin eliminates custodial risk by never holding your funds. Newton enforces 2FA, keeps 80% of assets in Coinbase Custody cold storage with insurance, and runs monthly and annual penetration testing. If self-custody is your priority, Beaver Bitcoin wins. If you prefer the institutional backing of an established exchange with CSA registration in every province, Newton wins.
Regulatory Compliance
Beaver Bitcoin is registered as a Money Services Business with FINTRAC and applies full KYC to every customer, keeping it compliant with Canadian regulations. As a bitcoin-only, non-custodial platform, it operates in the same regulatory lane as Bull Bitcoin rather than the securities-registered dealer path taken by custodial exchanges.
Newton is regulated by the Canadian Securities Administrators, FINTRAC, and securities regulators in every province and territory, a major step up from its early days as a FINTRAC-only MSB. It was among the first Canadian exchanges to pursue securities registration, and its affiliation with DV Trading adds institutional market-making depth behind its pricing.
Newton is regulated by the Canadian Securities Administrators, FINTRAC, and securities regulators in every province and territory, a major step up from its early days as a FINTRAC-only MSB. It was among the first Canadian exchanges to pursue securities registration, and its affiliation with DV Trading adds institutional market-making depth behind its pricing.
Beaver Bitcoin is registered with FINTRAC as a Money Services Business and complies with Canadian AML and KYC requirements. Full identity verification is required before purchasing. Since you take self-custody on every transaction, there are no custodied assets on the platform for regulators to supervise in the traditional sense.
Both platforms operate under FINTRAC as MSBs. Newton is additionally registered with the CSA in every Canadian province — a higher regulatory tier than Beaver Bitcoin's FINTRAC-only registration. Beaver Bitcoin is a FINTRAC-registered MSB, appropriate for a non-custodial Bitcoin-only service.
Customer support
Beaver's support is one of its standout features for a company its size. Reviews consistently praise the fast, human responses, and the team personally replies to feedback on Trustpilot, where the platform holds a strongly positive rating. Support runs through their help centre and email. The one recurring complaint worth noting in fairness: a small number of users report account closures during compliance reviews, which is a reality of any KYC platform but stings more when it's your DCA pipeline.
Newton has FAQs and a knowledge centre on its website, with support handled through online tickets. There's no phone or live chat, and its middling Trustpilot score mostly reflects slow support and ID-verification frustrations rather than fund-safety issues. For simple buy-and-hold users the support model is adequate; anyone who values a human on demand should look at NDAX or Netcoins instead.
Newton has FAQs and a knowledge centre on its website, with support handled through online tickets. There's no phone or live chat, and its middling Trustpilot score mostly reflects slow support and ID-verification frustrations rather than fund-safety issues. For simple buy-and-hold users the support model is adequate; anyone who values a human on demand should look at NDAX or Netcoins instead.
Beaver Bitcoin is a small operation with email and web-form support. The product's simplicity means fewer support touchpoints — most users set up a recurring buy and rarely need to contact anyone.
Both platforms are ticket-only with no phone or live chat. Newton's knowledge centre is more comprehensive given its broader product surface. For either platform, support needs are typically low once the account is set up.
Conclusion
Both Beaver Bitcoin and Newton are solid choices for Canadians, but they suit different goals.
Choose Beaver Bitcoin if you want Bitcoin only, immediate self-custody on every purchase, a flat transparent 1.5% fee, and the simplest possible recurring buy setup that sends bitcoin straight to your hardware wallet.
Choose Newton if you want 70+ coins, a "no commission" spread model that works out cheaper for Bitcoin specifically (roughly 1.0–1.15% vs Beaver's 1.5%), Newton Pro now live for advanced traders, staking on ETH and SOL, wire transfer support, and CSA registration in every province.
For long-term Bitcoin savers who value non-custodial ownership above all else, Beaver Bitcoin is the right pick. For Canadians who want altcoins, lower BTC costs, or more platform features, Newton is the better choice.
We recommend choosing Newton for most Canadians, or Beaver Bitcoin if self-custody is your top priority. By using our referral links, you support us in conducting comprehensive independent analyses of crypto trading options for Canadians.
If you find that neither meets your requirements, we encourage you to explore our monthly-updated list of the best exchanges for Canadians to trade crypto.
