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CoinJar Review 2025

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CoinJar Review 2025
Spot MarketRecurring BuyCoinJar CardCrypto Bundles
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Your Capital is at risk.

Your Capital is at risk.

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!

Overview
Company:CoinJar
Headquarter:Melbourne, Australia
Founded:2013
Coins:60
US Accepted:
Max Leverage:1:1
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.
Contact
Melbourne, Victoria, Australia
Rank and Score
Pros and Cons
User Levels
Pros
Long-standing reputation and regulatory compliance
Strong security measures
User-friendly interface
Innovative features like CoinJar Bundles for easy portfolio diversification
Cons
Limited cryptocurrency selection
Geo-restrictions
Lack of advanced trading options like derivatives or margin trading
No phone or live chat support

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 50% of commissions for the first 24 months.

CoinJar; A Background Check on the Company

Founded in 2013 in Melbourne, Australia, CoinJar has established itself as a pioneer in the cryptocurrency industry.

CoinJar
CoinJar is a crypto exchange backed by BlackBird and Digital Currency Group investors

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

CoinJar Table of Specifications

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

Services

Crypto Bundles, CoinJar Card, Spot Market, Recurring Buy

Customer Support Ways

Ticket, Email

Customer Support Hours

Monday through Friday from 9 a.m. to 2 a.m. (AET)

Fiat Deposit

Yes

Affiliate Program

Yes

Orders Execution

Market

Native Token

No

CoinJar Exchange User Levels

CoinJar offers a tiered system for users, with different levels providing reduced trading costs for Crypto/Fiat pairs.

Level

Crypto/AUD, USD, GBP, & EUR Monthly Trading Volume

1

< $60,000

2

< $600,000

3

< $6,000,000

4

> $6,000,000

CoinJar Fees Explained

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 Exchange Trading Fees
CoinJar claims that its trading fees are among the lowest rates in Australia

Here’s what you need to know about CoinJar 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

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.

Check TradingFinder’s Forex education to learn more about leveraged trading and its requirements.

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, and Ireland.

  1. Visit the exchange’s official website;
  2. Click “Join CoinJar”;
  3. Fill out the registration form;
  4. Verify your email address;
  5. Click “Verify Your Info” and then “Continue”;
  6. Select your country and fill in the personal information form;
  7. Provide supporting documents (Australian Driver License/Passport or International Passport).

CoinJar Safety & Security

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 accepts AUD, 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%.

CoinJar TrustPilot
CoinJar’s reply time on TrustPilot is less than 24 hours

Does CoinJar Offer Copy Trading Services or Investment Plans?

The exchange does not offer copy trading services. 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

Writer's opinion and conclusion

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

Is CoinJar safe to use?

The company operates in compliance with AUSTRAC and FCA. It also has partnered with Fireblocks and BitGo to provide institutional-grade custody solutions.

What cryptocurrencies can I trade?

The exchange supports over 60 cryptocurrencies and offers spot trading on 200+ trading pairs in 7 markets, including Fiat, Stablecoins, and BTC.

Are there any fees for using CoinJar?

Buying, Selling, and Swapping cryptocurrencies include a 1% fee.

Can I use CoinJar outside of Australia and the UK?

While CoinJar is accessible globally, some features will be limited in certain countries.

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