U take peoples money and you do not want to do the wo4k .So NO.DO NOT JOIN THIS COINJAR WALLETT . Coinjar , I requested support, and support will not give me answers…..so i joined other walletts. We believe your funds have now been returned. We are sorry to hear about your experience with CoinJar and thank you for sharing your information so we could assist.

This is a high-risk investment, and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. Don’t worry if this sounds complicated, it’s for advanced users only. CoinJar is set up to make it as convenient as possible to buy crypto (and hold it too). Otherwise, let’s dive into the details and see if it’s right for you.

Trading on CoinJar: Fees, Features, and Fluidity

• The FBI began Operation Level Up as an attempt to identify and warn victims of investment scams.
• The “Pro” CoinJar Exchange was very good for its very low trading fees.
• Despite these risks, CoinJar proves to be a reliable platform for crypto trading.
• You can buy crypto with either a bank transfer, or a debit card (Visa and Mastercard), and they’ll convert your cash for crypto.
• I’ve sent USDT to this wallet address so many times in the past and the transaction is blocked again!
• What the investors don’t know is that the platform actually is a Ponzi scheme, in which they’re paid returns out of money put in by other investors.

Unfortunately, the only way to reach the customer support team is by sending a ticket with a brief description of the issue. CoinJar support provides a comprehensive knowledge base with how-to guides and answers to frequently asked questions about the platform. Ultimately, the app boasts all of the same features as the main exchange (and may in fact be the superior platform). A nice feature is the implementation of price alerts, where users receive notifications when certain coins hit a specific price.

Overall, we think CoinJar is a top option, especially if you’re new to crypto. You can also trade on the platform too (buy and sell regularly). There’s also an advanced exchange with more features for frequent traders. CoinJar is a great option for those looking to conveniently buy and hold their crypto.

Connecting Your Finances: Linking Bank Accounts and Adding Funds

• It’s user-friendly, on both their website and via a mobile app, and only takes a few minutes to set up and buy crypto (either via bank transfer or debit card).
• Unfortunately, the only way to reach the customer support team is by sending a ticket with a brief description of the issue.
• Every time they ask for something, they don’t accept anything, don’t approve my funds neither are able to refund it.
• This is a high‑risk investment and you should not expect to be protected if something goes wrong.

Researched and reviewed a wide range of financial services companies, and have a transparent review process We understand the ins and outs, how to get the best deals, save money, and how to communicate money in an easy to understand way (we hope you agree). This is a high‑risk investment and you should not expect to be protected if something goes wrong.

CoinJar Rewards

There’s an advanced exchange too – ideal for traders looking to buy and sell frequently. It’s a great option for those looking to conveniently buy crypto and hold it (for as long as they like), and for those potentially looking to trade frequently. That means they have to follow strict rules to ensure that your account with them is not exposed to financial crime. CoinJar is registered for Anti Money Laundering purposes in the UK by the Financial Conduct Authority (FCA), who are the people that make sure financial companies are looking after you and your money. Whereas a maker fee applies when you set a price limit for the price you want to buy or sell at. You can also send crypto to other CoinJar members for free.

CoinJar doesn’t want customers

However, it’s worth noting that the time it takes for these cash deposits to be received varies. Once the account is set up and your wallet address is secured, the next step is to link your bank account. This feature is a testament to CoinJar’s commitment to providing a secure trading environment, which is a critical consideration in the crypto space. CoinJar also encourages the setup of Enhanced Security as an additional layer of protection for users’ accounts, including their CoinJar Wallet. The process may seem tedious, but it’s essential to maintaining the platform’s integrity and complying with financial regulations.

Please accept our sincere apologies for the delays.Your funds are being held in relation to the UK Travel Rule legislation which came into effect on 1 September 2023 and it impacts all UK residents. After long time the CoinJar has made my refund after 28 days. My support ticket number is # (USDC transaction pending since October 16).

We champion verified reviews

Additionally, customers can only “stake” five cryptocurrencies when alternatives like Binance or Lido offer earnings on 100+ assets. The service is a “pass-through” product – so CoinJar acts as a middleman between an investor’s crypto and a third-party earning platform. The CoinJar Card is one of only a few cards Australians can access, making it a de facto choice for crypto users after a local debit card.

Scammers impersonate celebrities, contacting fans through social media to offer a chance to make a killing on a cryptocurrency investment. Scammers sometimes advertise individual retirement accounts as IRS-approved to make them seem like a less risky investment. Criminals lure unwary investors into setting up accounts on an online investment platform with the promise of fabulous returns. The Federal Trade Commission (FTC) reported that investment scams, including cryptocurrency investment scams, had the highest median losses of all scams reported in 2024. Claim your profile to access Trustpilot’s free business tools and connect with customers.

You have since updated your review but not yet contacted our support team for assistance.If you’re looking for tighter spreads and lower trading costs, you may want to try CoinJar Exchange (coinjar.com/g/exchange). Terrible customer service .High fees.Sorry I ever joined. The majority of Australian banks support transfers to and from crypto exchanges including CoinJar.

Range of coins

The number of crypto assets supported by CoinJar is quite limited compared to nearly every competitor on both the Australian and international markets. AUD and GBP are the base trading pair, but instant swaps can be made between supported digital currencies too. Although this move is intended to make the process a bit more seamless, PC users may find this quite inconvenient and more time-consuming than necessary. While these accounts can browse the website, most functions on CoinJar, like buying and selling Bitcoin, are locked until users complete ID Verification.

First, i have verified my bank, everything. Very prompt, precise and supportive! Thank you for the fantastic 5-star feedback! Great service, quick, concise and informative. Thank you so much for the 5 star review and we have passed your feedback to our product team.

The Trustpilot Experience

The card can also be used to withdraw cash at any ATM or merchant with cash-out facilities. CoinJar is a well-trusted exchange servicing Australians for over a decade with minimal complaints. Hedge with Crypto does not provide financial advice nor does it take into account your personal financial situation. CoinJar is an Australian-based exchange that lets new investors easily add Bitcoin and 50+ digital currencies to their portfolios.

Customers need to be vigilant as thefts from personal accounts become more common The captive workers are forced to entice investors on the other side of the world with fake promises of romance in an effort to lure them into crooked investment schemes. Baker says crypto-related romance scams are so lucrative that organized crime organizations kidnap people to work in call centers in places such as Cambodia and Myanmar.

When it comes to evaluating CoinJar, it’s essential to weigh its strengths, digital assets, and weaknesses against the backdrop of the competitive crypto exchange market. This level of hands-on support can be a significant advantage, especially for beginners who might need more assistance navigating the platform and following local jurisdiction rules. This might be a downside for experienced traders looking for advanced trading features and a wider variety of options.

Top Features on CoinJar Reviewed

It was difficult even opening an account with them, they ask for so much information that most other exchanges do not. In your case we did not receive travel rule data from the exchange that you interacted with and your funds have been returned. Every time they ask for something, they don’t accept anything, don’t approve my funds neither are able to refund it.

Find out how we combat fake reviews. We use dedicated people and clever technology to safeguard our platform. Companies can ask for reviews via automatic invitations. We understand that asking for sensitive documents is inconvenient and concerning, please be assured we treat is coinjar legit customer data securely and only ask for what’s required to meet our legal obligations.We want to resolve this for you. There are much better alternatives out there that I recommend over this pathetic excuse for an exchange. We do support the majority of transfers between CoinJar and self-hosted wallets without having to receive 3rd party travel rule data.