CoinJar cryptocurrency exchange review (2021) | Finder

CoinJar cryptocurrency exchange review

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Both beginners and experienced traders can get the benefits of CoinJar.

  • Great for quick buys or active trading
  • Not so great for trading a wide range of coins

Check out our full list of pros and cons or read on.


Fiat currencies



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Product Name CoinJar Cryptocurrency Exchange
Fiat Currencies AUD, GBP
Cryptocurrencies BTC, ETH, XRP, LTC, XLM, OMG, ZRX, MKR & 10+ more
Deposit Methods Bank transfer
Trading Fee Maker: 0.05-0.15%
Taker: 0.0-0.20%
Deposit Fees BPAY: No fee
NPP: No fee
Cash: 1.5%
CoinJar users: No fee
Withdrawal Fees Cryptocurrency: Fees vary
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Which fiat and cryptocurrencies are supported?

  • Supported fiat currencies: AUD, GBP
  • Supported cryptocurrencies: Approximately 24 cryptocurrencies

Which payment methods are accepted?

  • Bank transfer
  • BPAY
  • Cash
  • Cryptocurrency
  • Osko
  • PayID
  • NPP
Go to CoinJar's website

What's it like to use CoinJar?

Platform trading fees

Different fees apply to different CoinJar services, with all fee amounts in AUD. The main services include CoinJar buy/sell (broker), CoinJar Exchange (the trading platform) and CoinJar Swipe (the crypto debit card). Please keep in mind that the CoinJar buy/sell service is an instant way to purchase cryptocurrency, unlike the exchange in which orders are placed and then have to be filled. As such, each uses a different fee structure accordingly.

The fees below are accurate as of 24 December 2020.

CoinJar buy and sell (instant)

The buy and sell prices of cryptocurrencies are determined by the current prices on the CoinJar exchange. You will use the standing buy prices when buying crypto, and sell prices when selling.

You will be given a reference price as an indication, but your actual price may vary slightly. Whether buying or selling, the fees depend on the payment method.

CoinJar Exchange

These are the fees for trading on CoinJar Exchange, rather than simply buying and selling. CoinJar Exchange has a tiered fee structure for AUD to crypto trades, and a set fee regardless of volume for crypto to crypto trades.

TierTaker feeMaker fee
Any crypto to crypto trade0.0%0.05%
AUD to crypto trade tiers (AUD trade volume per 30 days)
$0 to $10,0000.20%0.15%
$10,000 to $100,0000.15%0.12%
$100,000 to $1 million0.12%0.10%
$1 million to $10 million0.10%0.08%
$10 million+0.08%0.05%

Trade volume is updated once every 24 hours.

CoinJar Swipe

These are the fees that apply for specific actions related to the CoinJar swipe crypto debit card.

Initial card purchase or replacement$29
Loading with fiatSee Deposit tabe below
Loading with crypto$0
EFTPOS purchase or withdrawal$0
ATM useVaries depending on the ATM
Disputed transaction$10
Lost card$29

Converting fiat or crypto to your CoinJar Swipe account

Transfer typeFee
Between digital currency accounts1% subject to conversion rates
Between digital currency accounts and Cash Account1% subject to conversion rates
Digital currency account to Coinjar SwipeNo fee

Fiat Deposit fees

Deposit TypeFee
BPAY depositNone (BPAY transfers from credit accounts may incur fees though)
NPP (Osko, PayID) depositNone

CoinJar bundles

CoinJar bundles make it easier to diversify and manage crypto holdings by directly purchasing cryptocurrency baskets, whose contents can be allocated proportional to amount spent or weighted by market cap. Available bundles are the Popular Duo (50/50 BTC and ETH), CoinJar Universe (market cap weighted basket of all cryptocurrencies available on CoinJar), the DeFi Bundle (market cap weighted COMP, LINK and MKR basket) and more.

Fee TypeFee
Purchasing a bundle1%
Holding bundlesNone

How fast will my funds be available?


Clock icon for transfer speed

Up to 1 minute

NPP and PayID transfers can take up to 1 minute. Most bank transfers can complete on the next business day, but it may take longer where transfers are made late in the day or if it's your first transfer.


Clock icon for transfer speed

Same or next day

PayID withdrawals are free and almost instant. Other withdrawal methods will often complete the next business day, but banks may spend some time processing them.

Is CoinJar safe to use?

  • Regulation. CoinJar is registered as a cryptocurrency exchange with AUSTRAC, and is a registered business in the UK.
  • Verification process. CoinJar verifies users in line with its anti-money laundering obligations.
  • Security features. CoinJar offers two factor authentication, uses a machine learning system to monitor for suspicious transactions and keeps at least 90% of customer funds in geographically diverse cold storage at any given time.

How do I create an account at CoinJar?

Go to CoinJar's website
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What else do I need to know about CoinJar?

CoinJar was founded in 2013, and backed by venture capital funds. It moved its office location to the UK in 2014 but continues serving Australian customers, and is registered as a cryptocurrency service in Australia.

In a nutshell


  • Multi-feature. Between the wallet, exchange and Swipe, CoinJar lets you do much more with your crypto than a normal exchange.
  • Simple start for beginners. Crypto newcomers can get started easily.
  • Competitive exchange fees. CoinJar Exchange has highly competitive fees compared to most other exchanges.


  • Limited selection. A limited range of coins is available.
  • Fees apply. You need to be aware of the fees for different products.
  • Spreads. CoinJar pricing is based on the current spreads on its exchange, and may vary.

Ready to sign up?

Go to CoinJar's website
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Compare CoinJar against other exchanges

Name Product Deposit methods Fiat Currencies Cryptocurrencies
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID


CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 250 cryptos.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID


Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Binance Cryptocurrency Exchange Australia
Credit card, Cryptocurrency, Debit card, Osko, PayID


Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.

Compare up to 4 providers

Frequently asked questions

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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    Default Gravatar
    January 2, 2018

    I have yet to receive a response to my email regarding unlocking my account, very disappointed with the service.

      Avatarfinder Customer Care
      January 2, 2018

      Hi Sue,

      Thanks for your inquiry.
      Please note that we are not affiliated with CoinJar or any company we feature on our site and so we can only offer you general advice.

      If you are referring to your account with CoinJar, please contact their support team directly to follow up.

      CoinJar ran into a verification time snag recently as its client base expanded rapidly. The company has since tripled its support team to better streamline the verification process. Presently, verification is expected to take four to five days.

      Best regards,

    Default Gravatar
    December 23, 2017

    How much does CoinJar charge to move bitcoins to another wallet … like Bread or Copay (for example)

      Default Gravatar
      December 28, 2017

      Hi Mika,

      Thanks for your inquiry

      Transfer fees will depend on the number of coins you want to transfer and where you want it to be transferred. You may want to visit CoinJar’s customer support. CoinJar customer service is available Monday to Friday from 8 AM to 6 PM, Melbourne time. You can generally receive a response within 2 hours and can contact a specialist directly from your CoinJar account.

      Hope this information helps


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