CoinJar Review - Coindoo
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CoinJar Review

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Jul 30, 2019
4 min reading time
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Discover CoinJar, Australia’s digital platform for buying, selling, sending, receiving and managing cryptocurrency.

CoinJar is Australia’s oldest cryptocurrency exchange platform and wallet. Established in May 2013, CoinJar provides users with the simplest way to receive, send, buy, sell, spend, and even manage their digital funds with low fees. Besides, the platform runs an advanced trading platform, CoinJar Exchange, which offers zero-percent maker fees, and a crypto debit card—the CoinJar Swipe.

Supported Cryptocurrencies

As of this writing, CoinJar Exchange supports the following digital currencies:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Litecoin (LTC)
  • ZCash (ZEC)

CoinJar is designed for everyday use and offers a flat 1% fees for buy/sell orders on the platform. Besides, it offers 0% fees for market orders and between 0.1 and 0.5% for taker orders on CoinJar Exchange.

Whether you’re a beginner or a seasoned trader, CoinJar gives you the easiest way to send, receive, store, and trade digital currencies. In short, the platform brings the extraordinary to the everyday.

CoinJar Wallet

The CoinJar wallet enables you to store your and transact your digital funds with utmost safety and security. The security of your crypto funds and your personal information is CoinJar’s top priority. The platform’s Enhanced Security Features enables users to utilize the Multi-Factor Authentication to ensure that whenever they attempt to sign in to their accounts, the system requires additional authentication from another personal device. This reduces the chances of hacking and tampering to the bare minimum.

Importantly, CoinJar is mobile-friendly. Their mobile application CoinJar Touch, makes it easy for users to stay updated on their crypto portfolio even away from their workstations. The app is available on both Android and iPhone and allows users to quickly and easily manage multiple digital currencies, search their transaction history, customize, and rename their accounts to make CoinJar as personal as they would like.

Easy crypto sending and receiving

Importantly, the CoinJar wallet enables users to pay with their preferred digital currency through QR code or a cryptocurrency address. They simply need to use the CoinJar cryptocurrency wallet services to send payments to or receive funds from anyone in the world, as long as the currency is supported.

CoinJar Exchange

CoinJar Exchange is an advanced cryptocurrency exchange that supports high-frequency, low-latency execution for experienced traders. It is the fastest digital currency exchange in Australia, designed to execute trades with speed and agility, faster than any other cryptocurrency exchange in entire Australia.

Currently, the exchange supports BTC, ETH, LTC, XRP, and ZEC with plans to add more in the future. It also supports market depths and price charts, multiple daily auction windows, as well as time-enforced order types—all available on a clean and customisable interface.

Some highlights of the exchange include:

  • Data Insights: powerful data features include live orderbook, market depth and price charts
  • Flexible Interface: You can easily customize the layout using grouped tabs, split windows, and column ordering
  • Multiple Markets: BTC/AUD, XRP/AUD, LTC/AUD, ZEC/AUD, ETH/BTC, ZEC/BTC, LTC/BTC
  • Auction Windows: You can utilize three daily auction windows to get a fairer price and better opportunities
  • Order Types: You can utilise time-enforced order types with ‘Good til Cancel,’ ‘Immediate or Cancel,’ or ‘Maker or Cancel’ trades
  • Real-time API Access: you have fully extensible access to the CoinJar Exchange API, with comprehensive documentation

Importantly, users should note that CoinJar offers fee-free and instant deposits via PayID and BPAY and offers daily limits for transactions and withdrawals. Besides, if you withdraw to an Australian bank account, the transaction is free. To crown it, CoinJar has a dedicated in-house support team to assist you at every step of the way. Overall, the popularity of CoinJar brand continues to grow, covered by Australian mainstream media.

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* The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.
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