With funds available in your CoinJar, you can send a new transfer to any CoinJar member or cryptocurrency address by making a new transfer. 

Sending cryptocurrency

1. After signing in to your CoinJar, select 'Send'.
2. Select the account from which you wish to sends funds.
3. Select the type of recipient - you can choose from a pre-saved contact in your Address Book, a CoinJar username, or a wallet address.
4. Enter your recipient's details.
5. Enter the amount you wish to send. 
6. Select 'Review and Confirm' for your final quote. You'll be given a chance to review your transfer and attach a note if you wish. Select 'Confirm now' to finalise the transfer.

All transfers from one CoinJar to another are processed instantly. Sending to external cryptocurrency wallet addresses will arrive depending on the confirmation speed of that currency's blockchain.

Sending bitcoin

Sending bitcoin to external Bitcoin addresses will require a transaction fee in order to be processed.

Transfers to non-BTC addresses

Bitcoin shares the same address format as other cryptocurrencies such as Bitcoin Cash. However because CoinJar does not support these other currencies, the transfers will always be sent as bitcoin. Any funds sent to a non-BTC address will be lost, and cannot be reversed or refunded.

Due to the risk of accidentally sending BTC to a non-BTC address, CoinJar will always warn you when making a transfer.

Bech32 transfers

CoinJar now supports transfers to Bech32 addresses. Members are able to send funds to a Bitcoin address beginning with "bc1". 

Sending Ether (ETH)

CoinJar now supports sending of ETH on the following networks:

• Ethereum
• Arbitrum One
• Optimism

Make sure you select the correct network when prompted.

Ethereum transactions not being recognised by another exchange or wallet

CoinJar sends Ethereum transfers via a 'contract address', also known as smart contracts, as opposed to a stand-alone Ethereum address. This is done to ensure funds held by CoinJar are as safe as possible.

While this is standard among most exchanges and wallets, some are unable to recognise funds sent in this manner, even though the Ether has successfully arrived. Unfortunately, until these parties expand their Ethereum capabilities, any un-recognised transaction will need to be manually credited by the exchange or wallet operator. Providing your receiving wallet host with your blockchain transaction ID will allow them to resolve this.

Sent transfers being displayed as having no value on the blockchain

Another result of structuring Ethereum transfers in this way is that blockchain explorers display '0 Ether' or '$0.00 USD' under the 'Value' field. While the initial transaction doesn't contain your funds, it informs the CoinJar Ethereum contract to forward your transfer to the Ethereum address you specified.

The funds have been sent successfully - blockchain explorers will typically quote this amount and your destination address under the 'To:' or 'Actions' field.

Sending to ICO Addresses

CoinJar does not currently support ETH transfers to ICO (Initial Coin Offering) addresses, and any transfers to ICO addresses will fail to confirm on the blockchain if sent. In order to make any outgoing Ethereum transfers using CoinJar, you are required to confirm you are not sending to an ICO address.

Sending ERC-20 tokens

ERC20 - the Ethereum token standard - is currently supported for a limited range of tokens.  You should review CoinJar's Supported cryptocurrencies often. Any unsupported ERC20 tokens sent to CoinJar-generated Ethereum addresses will be lost permanently and cannot be recovered.

Sending USDC

CoinJar now supports sending of USDC over the following networks:

• Ethereum
• Solana

Make sure you select the correct network when prompted.

Sending Litecoin

Legacy P2SH addresses

Litecoin addresses come in three types, as outlined in the table below. Because Legacy P2SH addresses (starting with a "3") can be confused with Bitcoin addresses, they are not supported by CoinJar. Attempting to send funds to a Legacy P2SH address will instead result in CoinJar recognising a Bitcoin address and making your transfer to the Bitcoin network.

BECH32 address (any LTC address starting with LTC1) is also not supported.

Similar address rules apply when receiving Litecoin transfers into your CoinJar.

Sending XRP

XRP address reserves

In order for new XRP addresses to be able to receive transfers, they must first hold a minimum amount of 20 XRP in reserve. XRP Ledger has designed XRP addresses this way in order to prevent unnecessary wallets from being created.

When sending an XRP transfer to a brand new XRP address, please ensure you're sending at least the minimum reserve amount at the time, or the transfer will not be successful.

Further details regarding reserves can be found on the XRP Ledger website.

Sending Lumen (XLM)

Memo ID

When sending an XLM transfer from CoinJar, be sure to check if your destination address requires a Memo ID. Omitting a Memo ID may result in irrevocably losing funds. 

Sending Algorand (ALGO)

To send ALGOs to an ALGO address, simply input the ALGO wallet address as per any standard transaction. 

Sending Arbitrum (ARB)

When sending ARB out of your CoinJar, make sure you are sending to an address on the Arbitrum One network.

Sending Avalanche (AVAX)

To send Avalanche to an AVAX address, simply input the AVAX wallet address as per any standard transaction. CoinJar only supports the Avalanche C-Chain at this time. Learn more on Avalanche's website.

Sending EOS (EOS)

EOS utilises Destination Tag technology and a Memo is required to send EOS to CoinJar. Omitting or using an incorrect Destination Tag / Memo will cause issues in crediting the transaction to your CoinJar account, and the funds may not be recoverable.

Sending Kyber Network (KNC) token

All outgoing transactions from CoinJar are sent as KNC. KNCL outgoing transfers are not supported.

Sending Optimism (OP)

When sending OP out of your CoinJar, make sure you are sending to an address on the Optimism network.

Sending Polygon (MATIC)

When sending Polygon (MATIC) out of your CoinJar, make sure you are sending to an address onthe Ethereum network. For more information on the MATIC to POL migration, please see our latest update here: Migration from MATIC to POL

Sending Polygon Ecosystem Token (POL)

CoinJar now supports sending of POL on the following networks:

• Ethereum
• Polygon

Make sure you select the correct network when prompted.

Sending Fantom (FTM), Chiliz (CHZ), Band (BAND)

CoinJar only supports sending and receiving these via the ERC-20 standard on the Ethereum mainnet. Sending these tokens via any other chain or network is not supported and will result in loss of funds.

Sending Sui (SUI)

To send SUI to a Sui address, simply input the SUI wallet address as per any standard transaction. 

Internal (off-chain) transfers

Sending cryptocurrency transfers to any external address will send that amount via that currency's blockchain. However if your recipient is also a CoinJar member, you can send the amount directly to their CoinJar, avoiding the blockchain altogether. This is called an internal, or off-chain transfer.

Whether you're sending to a CoinJar generated receiving address, or a CoinJar username, the transfer will automatically be processed internally. No blockchain processing fee or delay will occur. Outgoing Bitcoin transfers will fail to send if the amount being sent is below our system’s minimum requirement of 0.0001 BTC.

For XRP transfers, you must always include the customer's destination tag at the end of the receiving address or the transfer will not be processed correctly.