Coinberry Vs Newton: Which Is Better For Canadians In 2026?

How Do Coinberry And Newton Compare, Fact By Fact?

Every row below comes from each company’s own pages and the Canadian registries, checked October 2026. Where a row has no fair winner, it says so.

What Are The Key Differences Between Coinberry And Newton?

How Do You Fund And Cash Out Coinberry And Newton In Canada?

All funding ended. Accounts moved to Bitbuy. Account verification is required before any deposit. Crypto withdrawals to an external address need the address saved in your address book first.

What Does It Actually Cost To Buy On Newton?

Newton: Standard Silver-tier spread fee shown at trade time: 1.00% to 1.15% on BTC, ETH and USDC, up to 1.60% on other assets, checked 2026-10-03 on Newton's fee article. Signature status lowers it, to 0.05% at CAD 5M of trailing 365-day volume. Neither publishes a maker and taker schedule because there is no order book: the spread is the fee. If cost matters most, NDAX (flat 0.20%) or Kraken Pro are cheaper places to buy in Canada. Ranges reflect each platform’s published band, not a single quote. Bank and network fees are not included.

What Do Coinberry And Newton Offer Beyond Buying And Selling?

Coinberry Only

• Coinberry Pay and Autopilot: Payments and recurring-buy features, removed before the shutdown.

Newton Only

• Signature Program: Fee tiers assigned automatically by trailing 365-day volume: Gold CAD 100K (BTC, ETH, USDC at 1.00%), Platinum CAD 1M (0.85% and 1.00%), Diamond CAD 2M (0.50%), Onyx CAD 5M (0.05%).
• Staking: Up to 4.5% APY shown for ETH, SOL and ADA (estimates, not guaranteed). Newton keeps 30% of ETH rewards plus execution income, 27% of SOL rewards plus MEV rewards, and 7.5% of ADA rewards. Staked assets are locked.
• Recurring buys: Set an amount, a coin and a frequency for automatic purchases.
• Referral program: A friend gets a CAD 20 bonus after signing up and trading CAD 100 within 90 days; the referrer earns up to CAD 100 depending on activity.

What Happens To Your Money If Coinberry Or Newton Fails?

Coinberry: This was a merger, not a collapse. Coinberry's accounts went to Bitbuy, then to Coinsquare Capital Markets Ltd., and the Bitbuy site now says it is part of Robinhood. Check you are logged into the right account and watch for migration emails. Withdraw to your own wallet if you do not want to move. Treat any site using the Coinberry name that takes deposits as an impostor.

Newton: As a CIRO investment dealer member since March 2026, cash left in a Newton account is covered by CIPF, but Newton states crypto is not protected by CIPF, CDIC or any investor protection scheme. Over 80% of assets are kept offline and Newton says it carries crypto insurance, but it gives no amount and the custodian is not named on the current page, and no proof of reserves is published. An exchange hack or insolvency would leave you relying on that insurance and on the dealer's regulatory capital rules for the portion you cannot withdraw in time.

How Are Coinberry And Newton Treated For Tax In Canada?

Coinberry: Trades on Coinberry were dispositions for CRA purposes. Pull your history from your migrated Bitbuy account. Export formats: Not published.

Newton: Selling, swapping one coin for another and staking rewards are dispositions or income; buying and withdrawing to your own wallet are not. Newton exports your history as a Koinly-formatted CSV and links directly to Koinly; there is no CRA-ready report from Newton.

Selling, swapping or spending crypto is a disposition for the CRA on any platform. This is not tax advice: see my guide to crypto taxes in Canada.

Which Should You Choose, Coinberry Or Newton?

Choose Coinberry If

• You want a registered platform that serves Canadians today: Coinbase is our number one replacement, with free Interac e-Transfer funding and a Canadian restricted dealer registration.

Choose Newton If

• You want a Canadian-only CIRO dealer with free Interac and EFT funding and a simple app.
• You trade small amounts of the majors and prefer one visible price over order book mechanics.
• You trade over CAD 1M a year and can reach Signature tiers that cut the fee below 1%.

What Happened To Coinberry?

Coinberry stopped operating separately after WonderFi's Bitbuy took over all of its client accounts in 2023, and coinberry.com now shows the Bitbuy site. The OSC non-objection and the Bitbuy purchase were announced on July 21, 2023.

Coinberry Limited's FINTRAC registration shows as ceased on June 5, 2024. Bitbuy has since changed too: its accounts moved to Coinsquare Capital Markets Ltd. in May 2024, and since Robinhood closed its WonderFi purchase on June 1, 2026 the Bitbuy and Coinberry web addresses carry a banner saying Bitbuy is now part of Robinhood.

What Should Coinberry Users Use Instead?

Newton is the platform in this matchup that Canadians can actually use, so it wins by default. That is not the same as saying it is right for everyone, so here is how it stacks up.

For Coinberry users, the closest replacement is Coinbase. Coinbase is a registered Canadian dealer with a beginner-friendly app and free Interac funding.

Newton: Fees, Funding And Safety

Newton shows no trading fee, and its cost sits in the spread: 1.00% to 1.15% on BTC, ETH and USDC, 1.25% to 1.45% on LTC, SOL and XLM, and 1.50% to 1.60% on everything else. Its Signature program can bring fees as low as 0.05% for high-volume traders.

Interac e-Transfer, wire and pre-authorized debit deposits are free, and Newton states zero withdrawal fees. Interac withdrawals are capped at CAD 10,000 per transaction. Newton's help centre lists 59 CAD pairs, and warns that pairs can be switched off.

Newton Crypto Ltd. became a CIRO investment dealer member on March 18, 2026, after operating as a CSA-registered platform since 2022. Cash is covered by CIPF, crypto is not. Newton says over 80% of assets sit in offline cold storage.

It suits a CAD-first platform with free funding and a 4.62-star Canadian App Store rating (24,473 ratings).

Coinbase: Fees, Funding And Safety

Coinbase prices a simple buy as a spread plus a Coinbase fee that its Canadian fee disclosure puts at up to 1.875%, depending on the payment method. Simple limit orders carry a separate 1% execution fee. The Canadian Advanced Trade maker and taker rates were not published on the page I checked, so I do not quote them.

Adding cash by Interac e-Transfer or EFT is free, and cashing out by Interac or EFT is supported. Coinbase does not publish a withdrawal fee, only a note that a fee may apply depending on the payment method. Coinbase says you can trade 200+ assets on its Canadian site.

Coinbase Canada is a CSA Restricted Dealer in all provinces and territories (decision of April 3, 2024, amended April 1, 2026) and a FINTRAC-registered money services business. It is not a CIRO member, and its user agreement says Canadian fiat balances are not protected by CIPF. It states that it holds customer assets 1:1.

It suits the easiest regulated start for a first-time buyer, with a polished app (4.56 stars from 65,030 ratings on the Canadian App Store).

Who Should Choose What In 2026?

• Newton: a CAD-first platform with free funding and a 4.62-star Canadian App Store rating (24,473 ratings).
• Coinbase: the easiest regulated start for a first-time buyer, with a polished app (4.56 stars from 65,030 ratings on the Canadian App Store).

If you are still deciding, my 60-second quiz narrows it down, and my full ranking shows all ten picks with scores.

How Can You Check Whether An Exchange Is Allowed In Canada?

Do it before you deposit a dollar, because the status of a platform can change in months. Four checks take about ten minutes.

1. Look for the platform on the CSA list of crypto platforms authorized to do business with Canadians.
2. Search the CSA banned crypto platforms list, which includes entities ordered out by the Ontario Securities Commission and reciprocated by other provinces.
3. Search the FINTRAC money services business registry for the legal entity, and read the status column, because "Expired", "Ceased" and "Revoked" all mean the registration is gone.
4. Read the platform's own terms for a list of restricted locations. If Canada, or your province, is named, you are not allowed to use it, and a registered regulator cannot help you if something goes wrong.

Registration is also not the same as insurance. Crypto held at any Canadian platform is not covered by CIPF, so a registered dealer lowers the risk but does not remove it.