Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!
About
CoinJar is an Australian-based crypto exchange registered with AUSTRAC and FCA. Founded by Asher Tan, it offers 200+ spot trading pairs, Crypto Bundles, and a credit card solution (CoinJar Card). Various investors, including Boost VC, Blackbird, and Digital Currency Group, back the exchange. It has a partnership with Fireblocks and BitGo to provide custodian solutions.
CoinJar offers Spot trading through its product, CoinJar Exchange. Trading fees for Makers range from 0.02% to 0.10%, and for Takers, from 0.06% to 0.10%, on Crypto/Fiat pairs.
The company provides its affiliates with 50% of commissions for the first 24 months.
CoinJar is a crypto exchange backed by BlackBird and Digital Currency Group investors
CoinJar; A Background Check on the Company
Founded in 2013 in Melbourne, Australia, CoinJar has established itself as a pioneer in the cryptocurrency industry.
The company's longevity is a testament to its resilience and adaptability in a rapidly changing market. Here are some key points about CoinJar's background:
Regulatory Compliance: Registered with AUSTRAC (Australian Transaction Reports and Analysis Centre) in Australia and the Financial Conduct Authority (FCA) in the UK
Security Focus: Utilizing institutional-grade custody solutions from providers like BitGo and Fireblocks
Founders: Asher Tan and Ryan Zhou
Client Base: 600,000+ customers
CEO Introduction
Asher Tan is the CEO and Co-Founder of CoinJar, one of the longest-running cryptocurrency exchanges founded in Australia. With a background in economic research and business analysis, Asher combines strategic thinking with a deep understanding of financial technologies and global crypto markets.
Under his leadership since 2013, CoinJar has expanded from Australia to the UK and the U.S., securing multiple licenses, including Money Transmitter Licenses (MTLs) in over 20 U.S. states. Based in London, Asher has over a decade of experience in navigating crypto regulation, building institutional-grade infrastructure, and scaling operations across jurisdictions.
His earlier career at IBISWorld and expertise in economic forecasting laid the foundation for CoinJar’s data-driven approach to product development and market expansion. Today, he is widely recognized as a visionary leader in the blockchain space, actively contributing to global discussions on Bitcoin adoption and digital finance.
The exchange offers a wide range of products, from CoinJar cards (credit cards) to bundles (customized crypto baskets) for investors. Let's break down some of CoinJar's key specifications:
Exchange
CoinJar
Launch Date
2013
Levels
4 levels
Trading Fees
Variable based on user level and trading pair
Restricted Countries
48 countries
Supported Coins
60+
Futures Trading
No
Minimum Deposit
$10
Deposit Methods
Crypto, Fiat
Withdrawal Methods
Crypto, Fiat
Maximum Leverage
1:1
Minimum Trade Size
$20
Security Factors
Cold storage, Multi-level data encryption, Machine learning for detecting suspicious activities, Partnership with BitGo and Fireblocks
While the company charges no transaction costs on deposits, Instant Buy via Credit/Debit cards and Google/Apple Pay comes with a 2% fee.
CoinJar claims that its trading fees are among the lowest rates in Australia
Here’s what you need to know about CoinJar's fee structure:
Transaction
Fee
Converting fiat to crypto
1%
Converting crypto to fiat
1%
Converting crypto to crypto
1%
Recurring Buy
1%
Crypto deposits
0%
Crypto withdrawals
variable
CoinJar provides Spot trading through its dedicated product, CoinJar Exchange. The product features a tiered fee structure for Crypto/Fiat pairs:
30-Day Trading Volume
Maker Fee
Taker Fee
< $60,000
0.10%
0.10%
< $600,000
0.08%
0.10%
< $6,000,000
0.04%
0.08%
> $6,000,000
0.02%
0.06%
Maker/Taker fees for Crypto/Crypto and Crypto/Stablecoin pairs are 0.00%/0.06%. The low trading costs for Stablecoin/Fiat and Stablecoin/Stablecoin pairs (Maker/Taker: 0.00%/0.001%) are among the advantages of trading with CoinJar.
Listed Cryptocurrencies on CoinJar Exchange
The platform has listed 60+ cryptocurrencies for buy, sell, and swap. It also provides 7 markets, including BTC, Fiat (AUD, GBP, EUR, and USD), and Stablecoins (USDT and USDC), for spot trading with 200+ trading pairs. Some of the most popular cryptocurrencies on CoinJar:
AVAX
TRX
ETC
PEPE
WIF
BONK
SUI
LDO
ENS
APE
1INCH
RPL
ETH
MANA
GALA
Some of the cryptocurrencies tradable at CoinJar
Leveraged Trading
One of the downsides of this CoinJar review is the lack of leverage options. The exchange primarily focuses on providing an OTC market for cryptocurrencies.
Leveraged trading, which allows traders to amplify their potential returns by borrowing funds, is a high-risk, high-reward strategy that many advanced traders seek.
Account Opening and Verification on CoinJar
To open a CoinJar account, users must be at least 18 years old and complete a thorough KYC procedure. Account verification is only available if you’re a citizen or resident of Australia, England, or Ireland.
#1 Access the Official CoinJar Website
Visit the CoinJar exchange homepage and click on “Join CoinJar” to begin.
Use the specified button to sign up with CoinJar
The registration flow is designed for speed and simplicity, supporting desktop and mobile browsers alike.
#2 Complete the Signup Form
Provide your full name, a valid email address, select your country of residence, and set a strong password (with uppercase, lowercase, numbers, and symbols).
Fill in the form to sign up with CoinJar
Accept the platform's terms and conditions to proceed.
#3 Email Verification & Account Activation
Open the confirmation email sent by CoinJar and click on the “Confirm my account” button. This step finalizes your registration and grants access to the dashboard.
Confirm your account through the email received from CoinJar
#4 Go Through KYC
Provide the required documents related to your identity for complete verification of your account.
How to Buy/Sell Cryptocurrencies on CoinJar
After signing up and account verification, you can start trading on the platform. This section provides a quick guide.
#1 Access the Trading Panel
Open CoinJar on the web and go to "Home", or launch the mobile app and tap the "Trade" icon from the bottom menu to enter the trading workspace.
#2 Select Buy or Sell and Choose the Asset
From the trade interface, click "Buy" or "Sell" and select your target cryptocurrency to start the transaction.
CoinJar "Buy" section
#3 Define the Order Type
Decide between a "One-Time" transaction or a "Recurring Buy", allowing either a single execution or automated periodic purchases.
#4 Enter the Trade Amount
Specify the value by switching between token quantity and AUD amount using the toggle button for precise order sizing.
#5 Choose Payment or Withdrawal Destination
For purchases, select your payment method. For sales, confirm the account where your AUD funds will be credited (default: CoinJar AUD Account).
CoinJar "Sell" section
#6 Review and Submit the Order
Verify all details, including asset, amount, and payment route, then confirm the order. View updated balances anytime in the portfolio section.
CoinJar Application
CoinJar provides an OTC and Swap ecosystem for cryptocurrencies through its web-based platform and dedicated mobile application. The app’s download links for various operating systems:
CoinJar is available on iPhones with an iOS 13.4 or later
The CoinJar app has received positive reviews, with a 4/5 rating on the App Store, indicating high user satisfaction with its functionality, user interface, and integration with TradingView charts.
TradingFinder has developed an extensive list of TradingView indicators that you can use for free.
Trading Volume Analysis in the Last 3 Months
Over the past three months, the exchange has exhibited a volatile trading volume trend, marked by intermittent spikes in user activity. According to the CoinJar CoinGecko profile, the platform saw its highest trading volume peak in mid-October, briefly surpassing $15 million, which likely reflects heightened market speculation or a short-term influx of traders.
Throughout the period from early September to early December, several volume surges are observed, particularly around September 21, October 12, and November 3, indicating periodic bursts of liquidity. Despite these fluctuations, average daily volume remained within the $2.5M–$5M range, suggesting a relatively moderate yet active user base.
Although no consistent upward or downward trend is evident, the clustered spikes followed by cooling periods may point to event-driven trading behavior, such as a reaction to market news, token listings, or broader crypto sentiment shifts. CoinJar’s ability to attract liquidity during specific windows shows its growing relevance among short-term traders.
CoinJar trading volume chart shows volatility
CoinJar Services
The exchange does not have many products and features except for trading. Here's a summary:
In this CoinJar review, we must mention that the platform prides itself on robust security measures, such as cold storage for clients’ funds and compliance with financial authorities. Factors to consider about CoinJar safety:
No record of downtime since 2013
Cold storage and multi-sig wallets
Multi-level data encryption
Regular security audits
Use of machine learning for detecting suspicious activities
Partnership with BitGo and Fireblocks for asset security
Compliance with AUSTRAC and FCA UK
CoinJar Exchange Payment Methods
The platform acceptsAUD, GBP, and EUR deposits with no transaction fees. CoinJar supports Crypto internal and external transfers. Note that the only methods for fiat withdrawals are Bank Transfers and NPP payments. CoinJar funding options:
PayID and Osko (AUD): Instant bank transfers for Australian users
Faster Payments (GBP): Quick bank transfers within 1-2 hours
SEPA (EUR): Bank transfers with a 1-2 business days processing time
Bank Transfers: Traditional bank transfers supported for various currencies
The exchange also supports Crypto Instant Buys with no need for deposits. However, this method incurs a 2% fee. Supported methods for CoinJar Instant Buy:
Visa and MasterCard
Google Pay and Apple Pay
CoinJar User Experience
The platform has gained an average status on reputable sources like TrustPilot and CoinGecko. The CoinJar Trustpilot profile features 2,455 comments, 75% of which are positive (4-star and 5-star).
CoinGecko
6 out of 10
TrustPilot
3.7 out of 5
Only 19% of CoinJar reviews on TP are negative (1-sat and 2-star), and the exchange has replied to 98%.
Furthermore, ScamAdviser, a site evaluation source, has given a perfect 100/100 "Trustscore" to CoinJar's website.
CoinJar’s reply time on TrustPilot is less than 24 hours
CoinJar Features
The table below demonstrates a summary of additional features and services provided by the exchange:
Some crypto platforms offer various promotions to their users. However, the reviewed exchange has only one program for earning money from referrals. CoinJar promotion:
Program Name
Details
CoinJar Exchange Affiliate Program
Offers 50% commission on referrals’ trading fees for up to 24 months, covering both Spot and active trading. Payouts are monthly, deposited to the CoinJar wallet. Includes performance-based incentives, custom support, and monthly reports.
Affiliate Program
The CoinJar Exchange Affiliate Program is built for creators, publishers, and crypto-focused communities looking to monetize traffic through a performance-based referral model.
Affiliates can earn 50% of their referrals’ trading fees for up to 24 months, covering both Spot and active trading activity. Commissions are calculated transparently and paid monthly, with earnings deposited directly into the CoinJar wallet.
CoinJar also offers structured incentives for high-volume partners, along with personalized account support and detailed monthly performance reports to track conversions and revenue. The program is best suited for partners with audiences on platforms like YouTube, X (Twitter), Instagram, and blogs covering crypto markets.
Once approved, affiliates receive a unique referral link to start promoting CoinJar and generating recurring commission from user activity.
CoinJar exchange referral program
How to Reach CoinJar Support?
The lack of Live support is one of the biggest letdowns in this CoinJar review. The exchange provides support Monday through Friday from 9 a.m. to 2 a.m. (AET) through email and a ticket system.
Email
coinjar@support.com
Ticket
Through the “Contact Us” page
Does CoinJar Offer Copy Trading Services or Investment Plans?
The exchange does not offer a dedicated crypto copy trading software. However, it provides CoinJar Bundles, themed baskets of Crypto for investment diversification with the following features:
Proportional and cap-allocated
Recurring Buy feature for Dollar cost averaging
14 different bundles, such as Gaming, Solana, Bitcoin, DeFi, and CoinJar Universe
Restricted Countries on CoinJar Exchange
While the platform is accessible globally, there are certain jurisdictions where its services are restricted due to regulatory requirements, including:
Afghanistan
Albania
Balkans
Barbados
Belarus
Bolivia
Bosnia and Herzegovina
Botswana
Burkina Faso
Burma
Burundi
Cambodia
Central African Republic
China (Mainland)
Colombia
Congo, Democratic Republic of the
Côte d'Ivoire
Cuba
Ethiopia
Eritrea
Guinea-Bissau
Haiti
Iran
Iraq
Jamaica
Jordan
Korea, Democratic People’s Republic of
Lebanon
Liberia
Libya
Mali
Morocco
Myanmar
Nicaragua
Nigeria
Pakistan
Philippines
Russian Federation
Senegal
Somalia
South Sudan
Sudan
Syrian Arab Republic
Uganda
Ukraine
Venezuela
Yemen
Zimbabwe
A list of prohibited countries on the CoinJar platform
CoinJar Among Other Exchanges
The table in this section provides a fair comparison between the reviewed platform and other players in the industry:
CoinJar provides Instant Buy via Credit/Debit cards and Google/Apple Pay for over 60 cryptocurrencies with a 2% fee.
The exchange accepts AUD, GBP, and EUR deposits and is only available to residents or citizens of England, Ireland, and Australia. It has a TrustPilot score of 3.7 out of 5.0.
FAQs
How do I register and verify my identity on CoinJar?
To register, visit CoinJar’s website and click “Join CoinJar.” Fill in your details, verify your email, then complete KYC using identity documents. Verification is only possible for users from Australia, the UK, or Ireland.
What are CoinJar’s trading fees for crypto/fiat pairs?
CoinJar uses a tiered fee model. Fees range from 0.02%-0.10% for Makers and 0.06%-0.10% for Takers, depending on your 30-day trading volume. Users trading over $6M monthly get the lowest rates.
What is the minimum deposit amount on CoinJar?
The minimum deposit on CoinJar is $10. Fiat and crypto deposits are accepted, and there are no fees for deposits.
Does CoinJar support credit/debit card purchases?
Yes, CoinJar supports Instant Buy with Visa, MasterCard, Google Pay, and Apple Pay. A 2% fee applies for these transactions.
Which countries are restricted from using the exchange's services?
CoinJar restricts users from 48 countries, including Iran, North Korea, Russia, and China. The platform is only fully accessible to residents of Australia, the UK, and Ireland.
What cryptocurrencies can I trade?
CoinJar lists over 60 cryptocurrencies, including BTC, ETH, AVAX, MANA, and PEPE. It supports 200+ trading pairs across 7 markets: BTC, Fiat (AUD, USD, GBP, EUR), and Stablecoins (USDT, USDC).
Is leveraged or margin trading available on CoinJar?
No, CoinJar does not offer leveraged trading. The platform focuses on spot and OTC trading only.
How does the exchange ensure user fund security?
CoinJar uses cold storage, multi-level encryption, BitGo & Fireblocks custody, and machine learning to detect suspicious activity. It’s also regulated by AUSTRAC and FCA UK.
Are there recurring buy options on the exchange?
Yes. CoinJar offers a Recurring Buy feature for automated crypto purchases, ideal for dollar-cost averaging (DCA) strategies.
Does CoinJar offer copy trading or social trading tools?
No, CoinJar does not support copy trading or social trading. However, its CoinJar Bundles allow diversified crypto exposure with automatic allocation.
What are CoinJar Bundles, and how do they work?
CoinJar Bundles are themed crypto baskets like “Gaming,” “DeFi,” and “Bitcoin.” Users can invest proportionally and set recurring buys. Great for long-term diversification.
Can I withdraw fiat currency from the exchange to my bank account?
Yes, fiat withdrawals are supported via Bank Transfers and NPP payments. Methods vary by currency: PayID (AUD), Faster Payments (GBP), and SEPA (EUR).