This article is intended for members in the United Kingdom. If you're looking for instructions for CoinJar Australia, visit this article.

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This article explains how to purchase and sell CoinJar Bundles. For information regarding the core concept of CoinJar Bundles, please visit this article.

Purchasing a bundle

Purchase the bundle by following the below steps:

Select the bundle you wish to buy
Review the contents of the bundle and its allocation type
Tap on 'Add funds'
Select 'Add funds instantly'
Select a Payment method
Enter the total amount in AUD you wish to invest in the bundle using the provided keypad
Carefully review the provided quote and all relevant information
Confirm your purchase

Warning

Tapping 'Add funds to bundle' will automatically create a Bundle account even if you do not finalise the purchase. The bundle will also be shown under the 'Your bundles' section instead of the "Available bundles' section.

Adding funds to an existing bundle

Select the bundle you wish to top up from the 'Your bundles' section
Tap on 'Add funds instantly'
Select a Payment method
Enter the amount in AUD you wish to add to the bundle using the provided keypad
Carefully review the provided quote and all relevant information
Confirm

Rebalancing a bundle

You can rebalance your portfolio to maintain an original or desired level of asset allocation or risk with a click of a button.

Using the rebalance feature is an irreversible action, which will swap the minimum amount of tokens necessary to match the target allocations.

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.

Select the bundle you wish to rebalance
Tap on Rebalance available
Select Rebalance bundle
Select Rebalance
Carefully review the provided quote and all relevant information
Confirm

Bundles with a proportional allocation: “Rebalance” will perform the necessary conversions to bring allocation back to the target allocation, as prices of different cryptocurrencies change. The opportunity to rebalance depends on the relative prices of the assets.

Bundles with a cap adjusted allocation: “Rebalance” will add/remove tokens to match the latest version of the bundle available on CoinJar, without the need to sell and buy again. This will also update the allocation for future funds added into the bundle.

In the future, CoinJar will review bundle allocations on a quarterly basis and customers will be able to rebalance when updates are available.

Capital Gains Tax might apply to assets sold as part of the re-balancing process.

Unbundling an existing bundle

Unbundling to your cryptocurrency accounts

Emptying a bundle that you own is known as emptying your bundle or 'unbundling'. This is an irreversible action that transfers the balances of each currency in a bundle to their respective accounts within your CoinJar without selling your assets.

As long as your account is not subject to the reserved balance period you will be able to sell your holdings at any time.

1. Select the bundle you wish to empty
2. Select ‘Withdraw’
3. Select ‘Unbundle’
4. Select ‘Confirm’

Selling a to your Cash Account

Selling a bundle is an irreversible action that converts the balance of all cryptocurrencies within your bundles into fiat currencies. Capital Gains Tax might be payable.

You can also choose to fully or partially unbundle and have the funds added to your Cash Account. This is an irreversible action that converts the desired value of a bundle to your Cash Account.