As a leading crypto exchange in Australia, CoinJar supports over 60 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and many more. A good way to compare crypto exchanges is to see reviews from an impartial website like Trustpilot. To trade on an exchange, you usually follow a simple process of selecting the cryptocurrency asset you wish to trade, and choosing how much you want to trade. You may also set automatic buy and sell orders to avoid the need for constant monitoring of the exchange platform. CoinJar offers a tiered system for users, with different levels providing reduced trading costs for Cryptocurrency/Fiat pairs.

All CoinJar crypto assets

Compare similar platforms by available asset types, trade fees and minimum deposit requirements. CoinJar offers 60+ cryptocurrencies to invest in, including popular coins like DOGE, XRP and more. However, it is missing a few favorites, https://forex-review.net/coinjar-review/ such as BNB and Hyperliquid.

They are governed by a central company, and users trust the exchange to manage their funds and carry out their trades. CoinJar charges fees to trade, like all Australian crypto exchanges. However, this can mean that you have to trust their judgment with your crypto. CoinJar also supports more deposit methods than brokers in Australia.

For example, an exchange called Digital Surge lost $33M in customer funds in the collapse of FTX, a cryptocurrency exchange that went bankrupt in 2022. If you’ve ever lost your credit card, you know the relief and convenience of being able to freeze your account right from your phone. A newer feature to the exchange, CoinJar offers the same ability to lock your account if it becomes compromised.

• The platform is only fully accessible to residents of Australia, the UK, and Ireland.
• While the company charges no transaction costs on deposits, Instant Buy via Credit/Debit cards and Google/Apple Pay comes with a 2% fee.
• The process of signing up for a CEX or a broker is typically the same, requiring the user to provide personal information, such as full name, email address, phone number, and a secure password.
• This is an agreement between the buyer and seller that is coded into the transaction.

It also has a high level of security, with more than 90% of its customers’ assets stored offline or in multi-sig wallets. Sign up in minutes to the CoinJar crypto exchange to buy more than 60 cryptocurrencies. Though new to the US, it is a long-running exchange in other parts of the world, operating with no downtime since 2013. It also provides educational resources on its website, including ways to tell if a message or email from CoinJar is legit. A unique feature we haven’t come across before, CoinJar offers something it calls Bundles, where users can purchase a selection of pre-chosen coins.

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TradingFinder.com assumes no responsibility for any potential losses or damages. Past results are no guarantee of future success, so make your financial and investment decisions with utmost care. CoinJar uses cold storage, multi-level encryption, BitGo & Fireblocks custody, and machine learning to detect suspicious activity. Only 19% of CoinJar reviews on TP are negative (1-sat and 2-star), and the exchange has replied to 98%. Power-up your trading with limit orders, stops and time-enforced order types, all in a highly customisable interface.

Asset security

Freely accessible and fully documented trading and market data APIs mean you can build new applications or fold CoinJar Exchange into your own trading platform. Trade an extensive selection of cryptocurrencies beyond the major players like Bitcoin and Ethereum. All AUD, GBP and EUR bank deposits and withdrawals on CoinJar are free. You can make deposits using PayID, bank transfer using BSB and account number, SEPA and Faster Payments. Worldwide, it has had no reported hacks or security breaches since its inception over twelve years ago.

Which countries are restricted from using the exchange’s services?

Among the financial service providers, there are fraudsters that we promptly report. Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders. CoinJar has customer service, you can submit questions at They also have a CoinJar phone support line if you are eligible for premium phone support. While we cover a range of products, our comparison may not include every product or provider in the market. Always confirm important product information with the relevant provider and read the relevant disclosure documents and terms and conditions before making a decision.

It really depends on what you want to do on a crypto exchange. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment.

• Confirm details with the provider you’re interested in before making a decision.
• Compare similar platforms by available asset types, trade fees and minimum deposit requirements.
• While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products.
• Then, it may take your bank an extra one to three days in processing time.
• As one of the most reliable exchanges, CoinJar offers a seamless experience for trading Bitcoin, Ethereum, and a variety of altcoins.

It offers a user-friendly platform for buying, selling, and storing multiple cryptocurrencies, as well as a crypto debit card, and a crypto trading platform. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which Finder receives compensation. We may receive compensation from our partners for placement of their products or services.

Examples of exchanges and brokers in Australia

We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. A crypto exchange is a platform where you can buy, sell, and trade cryptocurrencies.

DEXs are great if you don’t want to prove who you are, and just want to trade with like-minded peers. But, DEXs tend to be way more complex to use and tend to be less user-friendly. Users need to be at a higher level of knowledge to interact with them.

Compare CoinJar to other platforms

Finder US is an information service that allows you to compare different products and providers. We do not recommend specific products or providers, however may receive a commission from the providers we promote and feature. CoinJar charges a flat 1% fee on instant buys, recurring buys and converting currencies.

Most complaints center around difficulty withdrawing funds and closed or frozen accounts. Many crypto traders value mobile-first experiences and the ability to trade on the go, so these ratings might give some users pause. Ideal for dollar-cost averaging (DCA), this tool lets you schedule automatic purchases of your chosen cryptocurrencies. You can set the amount and frequency to match your strategy, helping to smooth out market volatility and grow your portfolio over time.