How to Use a Newton Referral Code - Comparewise
How To Use A Newton Referral Code

How to Use a Newton Referral Code

Newton is a Canada-based cryptocurrency founded in 2018. From then to today, it has grown competitively in the crypto world. The Newton referral code is one of the many features of Newton. Are you curious to know how to use a Newton referral code?

Using the Newton referral code offers a welcome bonus of $25 after a minimum transaction of $100. Clients also share their unique Newton referral link with others to earn a referral bonus of $25 when they trade with at least $100. That referral bonus is a reward earned per referred person, and there is no limit to the number of people you can refer.

On the Newton exchange platform, clients are verified instantly, except in a few cases that could require a client to provide extra documentation.

Newton crypto exchange prides itself on a no-fees crypto exchange. Does this mean that it operates a zero fee on all transactions? How to use a newton referral code and more about Newton are covered here.

What is a Newton Referral Code?

Newton rewards new clients with $25 for using the Newton referral code to sign up. The cashback bonus is given to you after you have funded and traded with a minimum of $100 within the first 90 days of signing up.

After becoming a verified client, you become eligible to own a customized referral link. That is another offer on this trading platform. Contrary to what you may think, there is no special requirement to be eligible for this personal promo code.

How to Use a Newton Referral Code

On how to use a Newton promo code, there are two methods. The first is used upon creating an account, while the second is after becoming an authenticated client. How is each put to use?

  1. To create an account using a Newton promo code, sign up using the Newton referral link with an assigned promo code. The link will direct you to their website for registration.
  2. If the Newton promo code does not reflect automatically, type it when prompted.
  3. Fill in the other details appropriately to complete the registration procedure.
  4. Go to the inbox of the email address you registered to verify your account with the given links.
  5. Next, log into your Newton account.
  6. Fund your account and trade with $100 or more.
  7. Your wallet will be credited with $25.

Additionally, you can manually add the Newton promo code to your referral drawer if you did not do so initially. However, you must complete this process within 48 hours after verification.

The second procedure on how to use a Newton referral link is to retrieve your custom-generated link to share with others. This is called ‘Give $25 and get $25’.

Here is how to use a Newton referral link after it’s generated for you:

  • Log into your account with the required details.
  • Check the referral option on your dashboard.
  • Copy the promo code or the referral link assigned to your account.
  • Share with your friends, family, and others you can reach through any platform.
  • When someone uses it to sign up on Newton, you will earn a referral bonus of $25, just as the referee. The $100 funding and transaction principle is also applicable here.
How To Use A Newton Referral Code - Comparewise 1

What You Need to Know About Newton

Newton is a relatively new cryptocurrency platform that has evolved to become one of the top digital exchanges traded by Canadians. It can be used to trade several digital coins and tokens. Some of the popular currencies are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH).

The $25 reward of the Newton referral code is usable like a deposited fund. Some key things to know about Newton are discussed under the following subheadings:

Newton Charges

Newton boasts of itself as a no-fee cryptocurrency exchange. That means it does not charge for fund deposits, withdrawal, or trading.

However, traders pay a price spread for buying or selling on the Newton exchange platform. There is also a crypto withdrawal fee of $5, but Newton will cover the first five withdrawals.

Newton Spread

Clients pay a price spread range of 0.50%- 0.70% when they carry out a buying or selling transaction on the exchange platform. Regular traders consider it a fair bargain compared to the higher spread rate of some Canadian cryptocurrencies. That is all Newton charges for.

The spread is the only charge on Newton. This is fair if you have learnt how to use a Newton referral code to earn $25 upon signup.

Newton Instant Funding

Instant Fund is also one of the great offers on the Newton platform. It is money upfront that traders can use to make a transaction while their fund transfers are still processing. The Newton instant funding feature allows up to $10,000.

Usually, funding may take days to clear through a linked bank transfer making traders miss out on important trading. Traders can now trade after they kick start a linked bank transfer.

Supported Coins on Newton

Although relatively new, Newton has one of the largest collections of well-recognized cryptocurrencies. The table below is a partial listing of Newton-supported coins:

CryptocurrencyToken Name
AlgorandThe Algo
Bitcoin CashBCH

And over 60 other digital currencies.

Newton Security

Newton is a crypto company that operates legally. It is registered with FINTRAC and treated as a financial institution in Canada. In the United States (US), it is registered with FinCEN.

At the time of writing this, Newton is in a partnership with Balance, a fellow Canada-focused company. Balance is a digital currency custodian that offers strict financial security and regulation of customer funds. Their partnership is another security measure for Newton.

Merits of Newton

Newton users benefit in the following ways:

  • The signup process is made easy with instant verification.
  • It features a Newton referral code that pays you a $25 welcome bonus for trading on the platform.
  • It has a referral system that pays you for referring others to the platform. Knowing how to use a newton referral link is very important.
  • It operates a zero-fee policy on fund deposits and withdrawals.
  • The price spread is relatively low compared to that of some cryptocurrencies.
  • It supports account ownership by both personal and cooperative clients.
  • It grants access to over 70 coins.
  • It can run in multiple environments.
  • An existing partnership with Balance to implement strict fund security protocol.
  • It supports seamless funding via Interac e-transfer, wire transfer, or direct bank transfer.
  • Facilitate instant funding for clients to make transactions while waiting for the completion of the fund transfer process.
  • It is registered with reputable financial governing organizations.

Demerits of Newton

Knowing how to use a Newton referral code to earn unlimited $25 and other great features make Newton enticing. However, it is not free from these demerits:

  • Only Canadian dollar fiat is approved.
  • Customer care can sometimes delay responding to a query.
  • There is fluctuation in price spreads.
  • Not for highly advanced crypto traders, as features are still limited and basic.

Other Crypto Platforms Offering Similar to Newton Referral Code

Newton is not the only cryptocurrency that offers clients juicy rewards for signing up and trading on their exchange platform. Although many crypto platforms don’t call it a referral reward, give one. A partial listing of other crypto platforms offering the bonus is:

Newton vs CoinSmart

CoinSmart is a top Canada-based exchange platform that trades many crypto coins and has a friendly trading fee of 0.20%. The platform accepts different funding methods like bank draft, Interac e-transfer, credit card, bank deposit, crypto deposits, and bank wire.

The platform’s smart security feature prevents it from fraud through an ID verification system that detects fake information. As an extra security measure, they provide 2-factor authentication and cold storage for cryptocurrencies to guard against hackers.

Similar to the Newton referral code bonus, CoinSmart also gives clients a bonus of $50 after a minimum deposit of $200. The dollar or euro can be turned into accessible cryptocurrencies like Bitcoin, Ethereum, ADA, and other supported currencies.

Newton vs is a crypto platform for trading and investing in digital currencies. One of its key merits is the app which has features like

  • Crypto At True Cost
  • Earning A Percentage Back on Your Crypto
  • Borrow Up To 50% Of Your Crypto Collateral
  • Purchase With Crypto to Earn Rewards.

Another feature is their various card tiers with varied and fair percentages of cashback.

Newton vs Bitbuy

Bitbuy, existing since 2016, is one of the earliest cryptocurrencies in Canada. It supports over 20 coins. Unlike Newton, it has a trading fee and charges for withdrawal and deposits. The trading fees on all markets are pegged at a flat rate of 0.20%.

Similar to how to use a Newton referral code, Bitbuy uses a referral program to give $40 after an initial deposit of at least $250. Clients also give $40 and receive $40 when they refer others with their unique codes. This bonus offer is unlimited to the number of people you can refer.

Newton vs Shakepay

Shakepay is a Montreal-based cryptocurrency platform. It supports trading of only Ethereum and Bitcoin.

Just like Newton, it has neither trading fees nor withdrawal and deposit charges. However, it has varied transaction fees known as price spread.

It features a promo code usage similar to how to use a Newton referral code. On Shakepay, new clients are given a $30 bonus after signing up, funding, and trading with $100 or more.

This is a crypto exchange platform with a good relationship with trusted banks to facilitate a transparent financial structure. It has a CEXDirect feature that makes it possible to buy coins without an intermediary.

Newton vs CEX.IO

On CEX.IO, traders can access products like spot trading to put in limits, market orders, and more; API trading to enable sales of reliable and secure API; and margin trading of digital assets with leverage. CEX wallet has a customizable dashboard that can track prices in real-time.

It has features like instant buy, earn, loan, wallet, and debit card. With the debit card, you can earn up to 5% cashback or crypto worth for each spending.

Newton vs Nexo

Nexo made its way into the crypto world in 2018. It has since been known for its digital financial services of providing access to crypto prospects. It is one of the trusted and biggest digital platforms with rich experience in FinTech.

Nexo also gives a welcome bonus of $100 after topping up with $1000 or more. The procedure to claim the bonus is not so different from how to use a Newton refer link. Clients must hold the deposited fund or supported assets for 30 days to get the reward. The reward of $100 is paid in Bitcoin.

Newton vs Wealthsimple Crypto

Wealthsimple Crypto is an exchange platform owned by Wealthsimple, one of Canada’s largest wealth management companies. It supports the trading of over 50 coins.

Just like Newton, you can fund your wallet via e-transfer. The platform is accessible on the web or app with iOS and Android phones.

Wealthsimple Crypto also offers a cash back bonus for clients when they trade with a minimum of $150 within the first 30 days.

Newton vs KuCoin

Similar to Newton, you can buy and earn crypto features on KuCoin. With over 70 payment means to choose from, you can buy crypto in one click. They offer a range of market coins like KuCoin, Bitcoin, Altcoins, and others.

The KuCoin margin trading feature allows clients to borrow a limited amount of crypto to buy and sell to maximize fund value. KuCoin has a KCS bonus plan that’s unlike how to use a Newton referral code. The plan rewards KCS holders with a daily bonus.

Before deciding on which currency to settle with, you may want to do further research on other platforms. Also, there are similarities between how to use a Newton promo code and other cryptocurrencies’ promo codes. However, seek more insight into how to use those of other platforms.

How to use a Newton referral code conclusion

Newton referral code upon signup gives clients a cashback of $25 after depositing and trading with at least $100. The same bonus is given to clients that refer others to signup to trade on the platform. You have up to 48 hours to manually input a promo code if you initially registered without one.

Newton is a safe and viable crypto trading platform with great features. Some crypto platforms offer similar bonuses and features to clients. We recommend that you research different platform offers before committing to one.

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FAQs about how to use a Newton referral code

Is Newton crypto legal?

In a word, yes. Newton is compliant with FINTRAC since it is registered as a Money Service Business (MSB).

Where is the headquarters of Newton crypto exchange?

It is a Canadian company with its headquarters in Toronto, Ontario.

How secure is Newton?

Very secure, according to crypto exchange standards. At the time of writing, Newton has never been hacked and has great security protocols.

How many people can I refer with the Newton referral code?

You can refer to as many as you want. The more you refer, the more you earn. However, be sure to know how to use a Newton referral code appropriately.

Which operating environments is Newton Compatible With?

Newton is accessible on the web, Android, and iOS.

Can I transfer my crypto to Newton's wallet?

Yes. After verification, you can transfer your crypto into Newton's wallet and trade it as desired.

Do I have to trade on Newton before getting my referral bonus?

Yes, you have to fund your wallet and trade with at least $100 to claim you're the bonus.

Are bank payments supported by Newton?

Yes. Major banks and credit unions are supported through plaid.


April 30, 2023
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