2024 was a year of milestones for CoinJar! We’re incredibly proud of the progress we made and the value we delivered to our customers. Here’s a look back at some of our key achievements:
Global expansion
We rounded off the year by our services to , bringing the CoinJar experience to a new community of crypto enthusiasts.
Bitcoin’s rise
The crypto world was abuzz with Bitcoin reaching a ! This surge in price drove significant transaction activity on our platform, as users seized the opportunity to engage with the market.
Dollar-cost averaging takes centre stage
Our most popular product this year was . In simple terms, this means you automate an investment: A set amount of money in a chosen cryptocurrency at regular intervals (e.g., weekly or monthly), regardless of the price. This strategy helps to average out your purchase price over time and reduces the impact of market volatility. With our low 1% fee, it’s no surprise this feature saw the biggest uptake ever!
Rewards redemptions made easy
We made it even easier for our users to , by automating them. Many of our customers swapped their rewards points for gift vouchers, while others converted their points into more crypto, with XRP emerging as the second-most-popular choice!
Multichain functionality
We empowered our customers with . This allows them to find the most cost-effective blockchain for their transactions, optimising their DeFi experience. For example, users can now convert fiat currency to stablecoins and withdraw them over the Solana network for a tiny 0.001% fee and a dynamic blockchain network withdrawal fee.
Industry recognition
CoinJar’s commitment to excellence was recognised with numerous awards this year. Among these was , and CoinJar nabbed the for the second year in a row. We’re especially honored to be acknowledged for providing exceptional value to our customers in the trading arena.
Fighting scams
We partnered with the ACCC (Australian Competition and Consumer Commission) to launch a , equipping our users with the knowledge and tools to protect themselves from fraudsters in the crypto space.
Looking Ahead to 2025: We’re not slowing down!
Here’s a peek into our exciting plans for 2025.
More tokens
Get ready for a wave of new tokens hitting CoinJar next year! We’ve significantly upgraded our exchange and custody infrastructure, allowing us to rapidly list new cryptocurrencies – subject to our due diligence processes.
Expanding multichain capabilities
We’re continuing to expand our multichain functionality to provide you with the most efficient and cost-effective trading experience. This includes supporting USDT transactions over Tron and Solana, and enabling USDC transfers over Layer 2 solutions.
Global expansion
We’re setting our sights on new horizons! We’re working hard to bring CoinJar to the US market and are actively pursuing an EU-wide MiCA license to pave the way for our expansion into Europe.
Enhanced trading features
We’re upgrading our trading functionality with powerful new features, including the highly anticipated introduction of stop-loss orders. This will give you greater control over your investments and help you manage risk effectively.
Ongoing scam education
We remain committed to educating our customers about scams and promoting safe practices in the crypto space. Expect to see more informative content and resources to help you stay vigilant and protect your assets.
Refreshed Learn section
Our Learn articles have been refreshed and added to, plus we have a new section on trending articles. If you want to learn about crypto but don’t want to go back to school, then check out our education pages. You’ll be able to tell grandad how to buy XRP at the next fam gathering.
We’re excited about the future of CoinJar and can’t wait to share these developments with you in 2025. Thank you for being a part of our community!
UK residents: Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more:Â
www.coinjar.com/uk/risk-summary
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Cryptoassets traded on CoinJar UK Limited are largely unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits.​​
CoinJar’s digital currency exchange services are operated in Australia by CoinJar Australia Pty Ltd ACN 648 570 807, a registered digital currency exchange provider with AUSTRAC; and in the United Kingdom by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).
EU residents:Â CoinJar Europe Limited (CRO 720832) is registered as a VASP and supervised by the Central Bank of Ireland (Registration number C496731) for Anti-Money Laundering and Countering the Financing of Terrorism purposes only.