This article is intended for members in the United Kingdom. If you're looking for instructions for CoinJar Australia, visit this article.
Apple Pay and Google Pay
You can now use Apple Pay or Google Pay with Instant Buy. These payment methods are exclusive to the CoinJar mobile app.
Instant Buy is a fast and easy way to add cryptocurrency to your CoinJar — without first making a fiat deposit. CoinJar supports all UK Visa and MasterCard credit or debit cards.
Bear In Mind
If you use a credit card to buy cryptocurrency, you would be putting borrowed money at risk of loss.
How to use Instant Buy
|With Apple Pay or Google Pay||With a card linked to your CoinJar|
- You may be charged a foreign exchange fee by your card provider if you select a currency other than your home currency.
- Funds will not be debited from your card/credited to your CoinJar until your bank has authorised the payment.
Cryptocurrency purchases using Instant Buy will incur a 2% fee.
Your credit card provider may charge a cash advance fee. Please contact your card provider for more information.
Selecting a currency other than AUD as your billing currency may incur foreign exchange fees by your card provider.
Most CoinJar members will be able to purchase up to £5,000 worth of cryptocurrencies per day. Your account limits may vary, and you can check your CoinJar's limits at any time by:
All CoinJar members can have up to three active cards at any given time.
You can only link three different cards to a CoinJar in a rolling 30 day window — counting all cards that are unlinked.
Instant Buy purchases are subject to a seven day balance reserve. This is an essential part of our fraud prevention initiative. After seven days have passed, you'll be able to transfer your funds externally as intended.
The first purchase you make with a linked debit or credit card will be held in the reserved balance for seven days. Future Instant Buys made using the same card will not be subject to the reserve period.
Apple and Google Pay
Each purchase you make using Apple Pay or Google Pay will be subject to a seven reserve period. This is because of the way Apple and Google Pay encrypt your data.
Instant Buy, Bundles and Recurring Buy
You are able to add funds to Bundles your Credit/Debit Card using Instant buy. All previously mentioned fees, limits and restrictions apply to funding a Bundle via Instant Buy.
Recurring Buy, where you set up regularly scheduled payments to add funds to your Bundles, is also subject to the above fees, limits and restrictions as these payments are processed via the instant buy system.