CoinJar review

4.3Last reviewed 2026-08-23

CoinJar has been operating longer than any other Australian exchange, and it is really two products sharing a login. Knowing which one you are using is the difference between paying 1 percent and paying 0.1 percent.

Launched in Melbourne in 2013 and registered with AUSTRAC, CoinJar survived the exchange failures that took out most of its contemporaries. That track record is the main reason to consider it: an Australian platform that has run continuously through three full market cycles without losing customer funds is a short list.

The consumer app is the one most people meet first. It buys and sells in a couple of taps and charges around 1 percent for the privilege. CoinJar Exchange, the order-book product, charges maker fees from 0.04 percent and taker fees from 0.10 percent on the same asset. If you are buying more than pocket change, the exchange screen is where you should be.

AUD funding is free across the local rails. PayID, Osko and standard BSB and account-number bank transfers all cost nothing to deposit, and AUD bank withdrawals are free as well. As with every custodial platform here, CoinJar holds the keys until you move your bitcoin to a wallet of your own.

Visit CoinJarOpens www.coinjar.com

Founded: 2013
Headquarters: Melbourne, Victoria, Australia
Fees: CoinJar Exchange charges makers from 0.04 percent and takers from 0.10 percent; the consumer app charges around 1 percent. PayID, Osko and bank deposits are free.
KYC: Required
Payment methods: Local bank transfer, PayID / Osko, Credit or debit card
Status: Operating

How you can pay on CoinJar

Every deposit rail CoinJar supports in at least one market. Which of them you can use depends on your country; the country guides below list the exact methods per market.

Domestic bank rail: Local bank transfer PayID / Osko
Card: Credit or debit card

As published by CoinJar: PayID, Direct bank deposit, Credit or debit card.

Pros and cons

What works

The longest continuously operating Australian exchange, running since 2013 without losing customer funds
CoinJar Exchange fees start at 0.04 percent maker and 0.10 percent taker, competitive with anything local
PayID, Osko and bank transfer deposits and AUD withdrawals are all free
AUSTRAC-registered, with both a beginner app and a full order book under one account

What to watch

The consumer app charges roughly 1 percent, about ten times the exchange screen, and it is the default entry point
Running two products with very different pricing makes the real cost easy to misjudge
Custodial, so your bitcoin is CoinJar's to hold until you withdraw it

Fees in detail

maker: From 0.04 percent on CoinJar Exchange
taker: From 0.10 percent on CoinJar Exchange
spread note: The consumer app charges roughly 1 percent for the same trade, so use the exchange screen for anything sizeable.
deposit note: PayID, Osko and BSB and account-number bank transfers in AUD are free.
withdrawal note: AUD withdrawals to an Australian bank account are free.

Where we recommend CoinJar

Countries where CoinJar ranks in our local guide. Availability beyond these is possible but unverified by us.

Australia

Frequently asked questions

Why do I see two different CoinJar fees?

Because there are two products. The consumer app charges around 1 percent per trade. CoinJar Exchange, the order-book platform, charges makers from 0.04 percent and takers from 0.10 percent. Same bitcoin, very different cost.

How do I deposit Australian dollars?

PayID, Osko or a standard BSB and account-number transfer. All three are free, and PayID and Osko usually clear within minutes.

How long has CoinJar been running?

Since 2013, which makes it the longest-running Australian exchange still operating. It has traded through three full market cycles without a loss of customer funds.

Is CoinJar registered with AUSTRAC?

Yes. AUSTRAC registration is the national requirement for exchanges serving Australian customers. It covers anti-money-laundering obligations and is not a guarantee of your balance.