Security Compliance
Newton does daily backups to minimize risk and states on its website that customer data is stored in Canada. They also perform daily site backups, have offline third-party storage for digital assets, and they allow their customers to directly connect their bank account to reduce fraud.
Beaver Bitcoin’s edge is its non-custodial default—the platform doesn’t hold your coins; delivery is straight to your wallet, sharply reducing exchange-custody risk. Newton enforces 2FA, uses offline third-party storage, and does daily backups, but it doesn’t disclose a cold-storage percentage; your assets are custodial while on the platform (you can withdraw easily).
Regulatory Compliance
Newton is fully compliant with FINTRAC regulations in Canada.
Both operate under FINTRAC as Money Services Businesses and follow Canada’s PCMLTFA (AML/CTF) requirements, including KYC and transaction monitoring. Newton’s onboarding is streamlined (face capture + ID) and typically auto-verifies; Beaver requires standard KYC and a destination BTC wallet since it’s self-custody first.
Customer support
Newton has FAQs and a knowledge center on the website. Customers can message the support teams either online via their support pages or through email. Newton does not have a phone and live support.
Beaver Bitcoin is a small operation with email/web support; the product’s simplicity means fewer touchpoints. Newton has a knowledge base and ticketing; in your test they replied within ~4 hours. Trustpilot feedback for Newton trends positive overall; Android app feedback highlights some UX issues.
Conclusion
Both platforms are solid for Canadians, but they suit different goals. Choose Newton if you want lots of coins, bank linking, and a “no-fee” spread model with a full mobile app. Choose Beaver Bitcoin if you value self-custody by default, transparent all-in pricing, and the simplest path to owning BTC. For long-term Bitcoin savers who want predictable costs and zero custodial exposure, Beaver Bitcoin is the winner.
Initially, we recommended choosing Beaver Bitcoin over Newton for your cryptocurrency trading needs.
If you find that neither Beaver Bitcoin nor Newton meets your requirements, we encourage you to explore our monthly-updated list of the best exchanges for Canadians to trade crypto. This list provides a range of alternative options that may better suit your specific needs and preferences.
