Fiat currencies




Product Name CoinJar Cryptocurrency Exchange
Fiat Currencies GBP, AUD
Cryptocurrencies BTC, ETH, XRP, EOS, LTC, XLM, USDT, OMG, ZRX, MKR, & 30+ more
Deposit Methods Bank transfer
Credit card
Debit card
Faster Payments (FPS)
Trading Fee Maker: 0.05-0.15%
Taker: 0.0-0.20%
Deposit Fees No Fees
Withdrawal Fees No Fees
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: GBP, AUD
  • Supported cryptocurrencies: Approximately 42 cryptocurrencies

Which payment methods are accepted?

  • Bank transfer
  • Credit card
  • Cryptocurrency
  • Debit card
  • Faster Payments (FPS)
Go to CoinJar's website

What’s it like to use CoinJar?

Fees and limits

Please note that the below fees are for Australian users.

Fees for buying $1,000 of Bitcoin

CoinJar charges a flat 1% fee on most cryptocurrency buy transactions, so for £1,000 worth of BTC you’ll pay £10.

However, this goes up to 2% if you’re directly buying with fiat via a credit or debit card – which of course leads to a £20 fee.

This is at the higher end of the market – it’s common to encounter transaction fees of as little as 0.25%.

Also, you should watch out for semi-hidden costs: CoinJar often quotes crypto prices up to 2% higher than their wholesale values.

Note that these fees are for buying BTC – CoinJar does not charge “taker” fees.

How do I create an account at CoinJar?

Before funding your account, we strongly recommend activating 2-factor and SMS authentication so you can have the peace of mind of extra security.

These can be turned on by going to your account page, clicking on “Settings” and heading to the “Enhanced Verification” tab.

Staking and rewards

At the time of writing, staking is not supported on CoinJar.

Lending and borrowing

CoinJar does not provide liquidity in this way, or support its users doing so for each other.

Margin trading

At the time of writing, CoinJar does not offer margin trading.


Futures, short-selling, options and so on – none of these are offered by CoinJar.

This keeps things simple, but obviously places a significant limit on how ambitious you can get with your trading.

Additional features

CoinJar offers OTC and institutional solutions, but we don’t need to worry too much about them here.

For a more consumer audience, CoinJar offers crypto bundle products. Bundles are collections of the major cryptocurrencies you can buy to automatically diversify your holdings. Think of them as being a little like tracker funds in more conventional investing, where holdings can be determined by either percentages or relative values of the stakes. These add to CoinJar’s appeal for beginners, given the minimal level of thought required.

Customer support

Customer support is CoinJar’s Achilles heel.

Based in Australia, the support team works regular office hours on Melbourne time. Since Australia isn’t exactly convenient for the rest of the world, this can create issues for European or American users who may not be enthusiastic about having to find a time that suits them between 9am and 6pm at the CoinJar office.

For most clients, comms are handled via a ticketing system, with responses generally within a maximum of 2 hours.

However, if you are on the CoinJar trader plan, you will have access to a special direct line for power users. That said, even they don’t have access via live chat or social media.

Another issue: The support site is well off the industry pace in both breadth and depth.

Is CoinJar safe to use?

  • Regulation

CoinJar is not regulated by any recognised national body.

  • Verification process

If you wish to make full use of the CoinJar platform, you must verify your identity.

You’ll need a passport, driver’s licence, ID card or resident permit, along with a recent document proving your address.

These are reviewed automatically, but occasionally CoinJar’s compliance team may need to step in and manually review your documents. This can take up to 3 days.

This is a blanket policy for all users, without exceptions, justifying a high degree of confidence in the service.

  • Security features

90% of the funds held by CoinJar are stored in offline wallets.

Encryption, privacy measures and TLS (transport layer security) are industry standard.

CoinJar claims to hold at all times sufficient reserves to cover customer balances with matched durations and in the appropriate currencies, although this is of course difficult to verify.

At the time of writing, Finder could find no evidence of any successful hacks of the CoinJar platform.


Overall, while it may market itself as an exchange, CoinJar just can’t compete with more sophisticated services like Binance or Coinbase, and anyone looking for real trading should look elsewhere.

This may sound like a criticism, but it is in fact an enormous strength, given how confusing and intimidating trading platforms and even wallets can be to beginners. If this is the first dip of your toe into crypto, it is ideal.

That said, it’s best if you’re dipping your toe from Australia, given the far more limited service users in the UK face, with fewer payment platforms supported, and the all but non-existent service that users in other countries face.

So, beginners in Australia and the UK – this is the one for you, provided you don’t want your hand held too much. Not into trading but want to HODL? CoinJar is perfect.

Anybody else – there are plenty of competitors on the market.

Compare CoinJar against other exchanges

Name Product Deposit methods Fiat Currencies Cryptocurrencies
CoinJar Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Faster Payments (FPS)


eToro Cryptocurrency Trading
Credit card, Debit card, Neteller, PayPal, Wire transfer, Online banking


Cryptocurrency warning: Cryptoasset investing is unregulated in the UK. There’s no consumer protection. Your capital is at risk.
Copy the trades of leading cryptocurrency investors on this unique social investment platform.
Ziglu Cryptocurrency Exchange
Credit card, Debit card, Apple Pay, Google Pay


Buy as little as £1 of cryptocurrency with a flat exchange fee of 1.25%. Ziglu is on the FCA's register of crypto-asset firms and also offers insurance for your crypto against cyber attacks.

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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