Cryptocurrency, Investment
Melborune, Australia
UK Company 08905988

Founded 2014

Status: Open to public

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CoinJar is a multi-currency, multi-function platform with a focus on Bitcoin and global payments. The platform enables users to buy, sell, send and receive Bitcoin, Australian Dollar, Pound Sterling, Euro and US Dollar.

A seemingly unique feature of the CoinJar platform is the "Hedged Account", which allows you to "peg your bitcoin against USD, EUR, GBP and AUD, protecting your bitcoin from price fluctuations", as per their website.

A mobile app is available for Android and iOS, which enables on the-go-trading and management of your wallet. Funds can be added via your credit or debit card and with some associated fees. At the time of writing, depositing funds with a UK issued credit/debit card will incur a fee of 2.9% - not an insignificant amount. Bitcoin trading incurs a 1% fee and is also via a "blended exchange rate", which seems ambiguous.

The global remittance feature promises to enable sending money to 196 countries, in 6 minutes for zero cost.

We could not find any clear notices on the products website as to its regulation by UK authorities. It is advised to perform your own due diligence prior to use of this product.