CoinJar Overview
CoinJar is an Australian cryptocurrency exchange that has been in operation since May 2013. It primarily caters to Australian investors, offering a range of features and services to facilitate crypto trading.
Founders of CoinJar
The key figures behind CoinJar are its CEO, Asher Tan, and COO, Ryan Zhou, who have been instrumental in shaping the platform.
Mobile Support
CoinJar provides a user-friendly experience not only on desktop but also through a mobile app. With applications available for both Android and iPhones, it offers flexibility for users who prefer trading on the go.
Miscellaneous Services - Dollar Cost Averaging
In addition to standard crypto trading, CoinJar offers ancillary services such as Dollar Cost Averaging (DCA). This investment strategy allows users to automate regular investments, promoting portfolio diversification and reducing the risk associated with market fluctuations.
Exchange Trading View
CoinJar's trading interface is designed for experienced traders. It features an order book style with market depth and price charts, grouped tabs, split windows, and customizable column ordering.
Exchange Trading Fees
CoinJar stands out with its competitive trading fees. It charges zero fees for takers and 0.06% for makers in crypto-to-crypto or crypto-to-stablecoin trades. For trading pairs involving fiat currency (AUD and GBP), the fee is 0.10%, irrespective of being a maker or taker.
Withdrawal Fees
The withdrawal fees on CoinJar are dynamically calculated, depending on the amount and blockchain congestion. CoinJar provides free withdrawals to Australian bank accounts and allows free withdrawal of altcoins.
Deposit Methods
CoinJar supports a variety of deposit methods, including bank transfers, cash deposits in Australia through Blueshyft, cryptocurrency deposits, and credit/debit card deposits. This diverse selection makes CoinJar an accessible "entry-level exchange" suitable for both new and experienced crypto investors.
What are the trading fees on CoinJar?
CoinJar stands out with its competitive trading fees. It charges zero fees for takers and 0.06% for makers in crypto-to-crypto or crypto-to-stablecoin trades. For trading pairs involving fiat currency (AUD and GBP), the fee is 0.10%, irrespective of being a maker or taker.
Does CoinJar offer leverage trading?
CoinJar does not currently offer margin trading or leverage options.
