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

How Do Newton And Bitvo 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 Newton And Bitvo?

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

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

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 Newton And Bitvo Offer Beyond Buying And Selling?

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.

Bitvo Only

• Bitvo Cash Card: A prepaid card product listed among Bitvo's strengths.
• Same Day Guarantee: A funding-speed promise Bitvo marketed.

What Happens To Your Money If Newton Or Bitvo Fails?

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.

Bitvo: This was a merger, not a collapse: Bitvo's client accounts moved to Bitbuy, which has since moved to Coinsquare Capital Markets Ltd. and now Robinhood, per the registry. Check that you are logged into your account with the current owner and withdraw to a wallet if you prefer. Do not send crypto to an old Bitvo address or trust a site using the Bitvo name.

How Are Newton And Bitvo Treated For Tax In Canada?

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.

Bitvo: Trades on Bitvo were dispositions for CRA purposes. Ask for or export your Bitvo history from your migrated Bitbuy account. Export formats: Not published.

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, Newton Or Bitvo?

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%.

Choose Bitvo 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.

What Happened To Bitvo?

Merged Into Bitbuy

Bitvo stopped operating on its own in November 2023, when Bitbuy bought all of its client accounts and the Bitvo.com domain. The deal closed on November 14 and 15, 2023, and the press release is dated November 15. WonderFi put the number at more than 17,000 client accounts. Bitvo was an Alberta-based platform, and this was a merger, not a departure from Canada.

The story did not stop there. Bitbuy accounts were moved to Coinsquare Capital Markets Ltd. in May 2024, and since Robinhood closed its WonderFi purchase on June 1, 2026, the Bitbuy site tells users it is now part of Robinhood and that customers are being invited to move to the Robinhood app. Bitvo.com no longer resolves.

What Should Bitvo Users Do Now?

If you had a Bitvo account, it was migrated to Bitbuy, so your balance now sits on the Coinsquare and Robinhood side of that chain, not on anything called Bitvo. Because bitvo.com no longer resolves, treat any website using the Bitvo name that asks for a login or a deposit as an impostor.

What Should Bitvo Users Use Instead?

Newton: An Available Option

Newton is the available side of this pairing, and it is best for a cleaner app and a CIRO-supervised dealer.

Newton takes free Interac e-Transfer, wire and pre-authorized debit (EFT) deposits. Interac requests top out at CAD 10,000 per transaction and CAD 70,000 per week. Withdrawals carry no stated fee: Interac goes out at up to CAD 10,000 per transaction and CAD 50,000 per week, and wires go up to CAD 1,000,000.

Newton Crypto Ltd. became a CIRO investment dealer member on March 18, 2026, and it also sits on the CSA list (original decision August 15, 2022). It is a FINTRAC-registered money services business too. Newton says over 80% of assets are stored offline in cold storage and that it maintains crypto asset insurance. It is a CIPF member for cash, but crypto is not protected by CIPF.

Newton's interface remains one of the cleanest in Canadian crypto: modern, casual in tone, and simple enough that a first-time buyer can fund via Interac and place a trade within minutes. The iOS app is rated 4.62 across 24,473 Canadian App Store ratings, and Google Play shows 4.3 from 8.14K reviews.

Newton: Pros And Cons

Visit Newton Read My Newton Review

NDAX: An Available Option

Registered Canadian platform with CAD funding and a CIRO investment dealer membership. That is the nearest fit for Bitvo users.

NDAX takes free Interac e-Transfer deposits, usually processed within 0 to 30 minutes, and free wires in 0 to 1 business days. Cash-outs cost CAD 1.50 by Interac (up to CAD 10,000 per transaction) and CAD 4.99 by direct bank deposit.

Ndax Canada Inc. is a CIRO investment dealer member (terms imposed December 19, 2024), has a CSA decision of the same date and is a FINTRAC-registered MSB. NDAX describes cold and hot wallet storage with multi-signature authorization and MPC protection. No insurance dollar figure or proof of reserves appeared on the pages checked.

NDAX's apps rate 4.75 across 15,225 Canadian App Store ratings and 4.7 on Google Play from 5.85K reviews.

NDAX: Pros And Cons

Visit NDAX Read My NDAX Review

Is Newton A Good Replacement For Bitvo?

On the verified facts, Newton is a workable replacement for most Canadians who used Bitvo, within the limits laid out above. It does not copy everything Bitvo offered, so check your own use case before you move money. The comparison table at the top of this page lays out status, fees and coins side by side.