Security Compliance
Bull Bitcoin is one of the safest options in Canada because you always take full custody of your bitcoin, so you don't need to worry about hackers stealing funds sitting on the platform. There is still a small level of trust needed because you don't buy the bitcoin yourself and must wait a moment for it to be sent to your crypto wallet, but delivery is near instant, especially over Lightning.
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.
Bull Bitcoin is one of the safest options in Canada because you always take full custody of your bitcoin, so you don't need to worry about hackers stealing funds sitting on the platform. There is still a small level of trust needed because you don't buy the bitcoin yourself and must wait a moment for it to be sent to your crypto wallet, but delivery is near instant, especially over Lightning.
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.
Bull Bitcoin protects users through immediate self-custody — your coins never sit on the platform. Newton publishes its custody split: 80% with Coinbase Custody (cold storage, insured) and 20% with Fireblocks (hot wallets), with mandatory 2FA and regular internal and external security audits. Both platforms are highly secure through different models.
Regulatory Compliance
Bull Bitcoin is registered with FINTRAC as a Money Services Business and there is a full KYC procedure, meaning Bull Bitcoin is fully compliant with Canadian regulations. In July 2026, the company also obtained a MiCA licence through France's AMF, one of the strictest regulators in the EU, which says a lot about how seriously they take compliance.
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.
Bull Bitcoin is registered with FINTRAC as a Money Services Business with full KYC, making it fully compliant with Canadian regulations. In June 2026, Bull Bitcoin also obtained a MiCA licence through France's AMF — one of the strictest regulators in the EU.
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.
Both Bull Bitcoin and Newton are registered with FINTRAC and fully authorized to serve Canadians. Newton holds the higher regulatory tier as a CSA Restricted Dealer working toward full CIRO investment dealer registration; Bull Bitcoin is a FINTRAC MSB with a June 2026 MiCA licence from France's AMF.
Customer support
Bull Bitcoin's support is one of its strongest points, and customers consistently praise how fast and knowledgeable the team is. The platform holds a 4.9 to 5-star rating on Trustpilot with over 320 reviews, so it's clear that customers are extremely satisfied with the service.
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.
Bull Bitcoin's support is one of its strongest points, and customers consistently praise how fast and knowledgeable the team is. The platform holds a 4.9 to 5-star rating on Trustpilot with over 320 reviews.
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. Newton also integrates with Koinly for simplified tax reporting at year end, which reduces the tax-season support burden.
Bull Bitcoin's near-perfect Trustpilot rating gives it the clear support quality edge. Newton's Koinly integration partially compensates by reducing the need for support at tax time.
Conclusion
Both Bull Bitcoin and Newton serve the Canadian market effectively, each catering to different needs.
Bull Bitcoin is the stronger pick for Canadians focused on Bitcoin specifically. Immediate self-custody on every purchase, bill payments for phone/electricity/CRA taxes, Lightning support, Canada Post cash access, and the BULL Wallet mobile app launched in October 2025 make it the most capable Bitcoin-only platform in Canada. The all-inclusive 1.5–2% spread is transparent and competitive for self-custody buyers. The FINTRAC MSB registration and June 2026 MiCA licence from France's AMF add a notable international compliance credential.
Newton is the stronger pick for Canadians who want more than Bitcoin. With 70+ coins, commission-free trading, free Interac deposits and withdrawals, staking on ETH and SOL, T5-friendly exports, Koinly tax integration, a $25 referral bonus, and Newton Pro for advanced users, it is a well-rounded beginner platform. The widening spreads are the main weakness for active traders — NDAX's 0.2% flat fee is more cost-effective at volume.
We recommend choosing Bull Bitcoin for Canadians focused on Bitcoin self-custody, and Newton for those who want a broader multi-coin platform with Koinly integration. By using our referral links, you get $25 on Newton and support us in conducting comprehensive independent analyses of crypto trading options for Canadians.
If you find that neither Bull Bitcoin nor Newton meets your requirements, we encourage you to explore our monthly-updated list of the best exchanges for Canadians to trade crypto.
