We are writing to inform you that CoinJar will soon be delisting the EOS (EOS) token from both CoinJar and CoinJar Exchange.
This decision follows EOS’s migration to Vaulta and its new ‘A’ currency. Please note that Vaulta is not currently supported by CoinJar, and we will not be facilitating the migration process for EOS.
CoinJar recommends that you consider selling EOS tokens before Tuesday, May 20th, or withdrawing EOS from your CoinJar account to your external wallet.
Capital Gains Tax might apply to any assets sold but we strongly advise that you check with your accountant or tax advisor (as this is not tax advice).
How Will This Affect You?
Buying and Selling:
- Customers will no longer be able to purchase EOS from Wednesday, May 14th, 2025.
- Customers will no longer be able to sell EOS from Wednesday, May 21st, 2025.
Deposits and Withdrawals:
- Customers with an existing EOS balance will be able to send their tokens from their CoinJar account to an external wallet until further notice.
- Customers will no longer be able to deposit EOS from Wednesday, May 14th, 2025.
CoinJar Card:
- From Wednesday, May 14th, 2025, you will no longer be able to use EOS with your CoinJar Card.
CoinJar Exchange (CJX) Pairs:
- All EOS trading pairs will be delisted from the CoinJar Exchange on Thursday, May 22nd, 2025. Any open orders will be cancelled and holdings will be transferred to your CoinJar.
- Capital Gains Tax might apply to any assets sold (again, we strongly advise that you check with your accountant or tax advisor).
CoinJar Bundles:
EOS was an active weight in the CoinJar Green bundle.
- Customers can unbundle their entire bundle at any time before delisting on Wednesday, May 14th, 2025. This will unbundle the EOS holdings but also all other holdings.
- As of now, if customers wish to keep their bundles up-to-date and sell their EOS holdings we have released new bundle weights that exclude EOS. When customers perform a Bundle Rebalance it will sell the EOS holdings to rebalance their bundle.
- On Wednesday, May 14th, 2025, if customers wish to do nothing the EOS holdings in their bundles will be automatically unbundled and placed into their CoinJar account at no cost to them. Their bundle will continue to function but will disregard the EOS weights when adding funds.
- You can rebalance your portfolio with a click of a button. Steps to follow are here. And the best part is that the CoinJar fee will apply only to token to token conversions made, rather than being applied to the entire balance of tokens within a Bundle.
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- Select the bundle you wish to rebalance
- Tap on Rebalance available
- Select Rebalance
- Carefully review the provided quote and all relevant information
- Confirm
CoinJar Recurring Buy (DCA):
Customers can cancel their recurring buy (DCA) at any time before delisting on Wednesday, May 14th, 2025. This will stop any future automated purchases of the EOS tokens.
- On Wednesday, May 14th, 2025, if customers wish to do nothing the EOS recurring buy (DCA) will be cancelled and no further automated purchases of EOS will be made.
To cancel your recurring buy please follow instructions in this link: Instructions here.
Timelines
Bundle Weight Update:
- Updated bundle weights for CoinJar Green bundle are now available.
Selling Period:
- You will be unable to sell EOS from Wednesday, May 21st, 2025.
CJX Delisting:
- EOS will be delisted from CoinJar Exchange on Thursday, May 22nd, 2025.
Capital Gains Tax might apply to assets sold as part of the re-balancing process (again, we strongly advise that you check with your accountant or tax advisor).
What You Need to Do
For existing EOS Holders: CoinJar recommends that you consider selling EOS tokens before Wednesday, May 21st, 2025 or withdrawing EOS from your CoinJar account to your external wallet.Capital Gains Tax might apply to any assets sold (again, we strongly advise that you check with your accountant or tax advisor).
Please note that the comments in this communication are not intended to comprise financial or tax advice. We strongly recommend that you obtain independent financial and/or tax advice suitable to your circumstances from your financial and tax advisors when considering selling any tokens.