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Which CoinJar platform am I using?

  • Updated

CoinJar and CoinJar Exchange are both platforms under the CoinJar umbrella, but they serve different purposes and cater to different types of users.

Here's a breakdown of their key differences to help you understand which one might be right for you.

 

CoinJar: A User-Friendly Cryptocurrency Wallet

Ideal for individuals looking for a straightforward way to manage their cryptocurrency holdings. It’s user-friendly and perfect for those who want to buy, store, and send cryptocurrencies with ease.

 

Features:

  • Sign-Up Process: Creating a CoinJar account is quick and easy. You just need to provide your name and email address, then verify your identity if you want to access all features.
  • Security: CoinJar emphasises security with features like Enhanced Security (two-factor authentication) to protect your account.
  • Currency Accounts: Each type of cryptocurrency is stored in its own separate account within your CoinJar, making it easy to track your holdings.
  • Fund Transfers: You can deposit funds from your bank account into your CoinJar and convert them into various cryptocurrencies. It also allows you to withdraw funds to your bank account.
  • Payments: You can send and receive payments easily using CoinJar contact details or unique receiving addresses. 

How to access: Download the CoinJar app for iOS or Android. You can also navigate to CoinJar from a browser.

 

 

CoinJar Exchange: Advanced Trading Platform

Best suited for professional and high-volume traders who need more control over their trades and access to advanced trading tools. It provides a more detailed market overview and customisable trading options. Anyone with a verified CoinJar can join CoinJar Exchange for free.

 

Features:

  • Trading: Unlike CoinJar, which acts as a market maker, CoinJar Exchange uses an open order book where the value of the currency is influenced by the prices of other orders. This gives traders more control over their buy and sell orders.
  • Professional Tools: It offers detailed market insights, liquidity data, and TradingView charts to help users make informed trading decisions.
  • API Access: CoinJar Exchange has a dedicated trading API, allowing developers to automate trading, transfer funds, view orders, and check current market values.
  • Upgrade Plans: Users can join CoinJar Exchange for free and access multiple upgradeable plans with additional benefits.

How to access: If you already have a verified CoinJar, you'll automatically have access to CoinJar Exchange - just visit CoinJar Exchange after signing in to your CoinJar.

 

 

CoinJar app

For those seeking maximum convenience. You can access your cryptocurrency wallet and trade anytime anywhere, as long as you have your phone with you. This is ideal for people who need to manage their crypto assets on the go.

Features:

  • Designed with touch interfaces and streamlined to ensure it is user-friendly on a smaller screen. Built-in security features such as biometric authentication enhancing security.

How to access: Download the CoinJar app for iOS or Android.

 

CoinJar web

Accessing your CoinJar account via a web browser is more suitable for situations where you are stationary, such as at home or in the office. It may be less convenient for quick, on-the-go access.

Features:

  • The web interface typically offers a more comprehensive and detailed view. It can display more information on a single screen and may include advanced features that are better suited for larger screens and more precise navigation with a mouse and keyboard. It’s ideal for users who need in-depth viewing of charts like that found in the CoinJar Exchange.

How to access: Navigate to CoinJar from a web browser.



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