Newton Exchange is as safe as an exchange can be. It uses two-factor authentication to protect its users’ login information and keeps its cryptocurrency assets offline in cold storage to protect against potential hacks. They also follow Know Your Customer standards and cooperate with law enforcement to make sure their users aren’t engaged in illegal activity. They are compliant with Canadian banking regulations as members of FINTRAC and as a registered Money Services Business. However, Newton Exchange isn’t eligible for insured protection under the Canadian Investor Protection Fund [CIPF] or the Canadian Deposit Insurance Corporation [CDIC] or any other investment insurance coverage because these schemes do not protect crypto-assets.