Yes. To keep users’ cryptocurrency safe, Newton Exchange says they do backups of digital assets twice-a-day and store all their assets offline in cold storage on a hardware wallet. They also have a clean reputation with no hacks or regulatory violations since their founding in 2018. However, no exchange is 100% safe when it comes to relying on them to store your own cryptocurrency safely. It’s best to rely only on yourself and invest in a hardware wallet so your cryptocurrency is safely walled-off from potential hacks that online exchange storage is always vulnerable too.