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Account limits

  • Updated


All CoinJar members are provided with limits for bank deposits/withdrawals, sending and receiving cryptocurrency, and internal transfers. Once you've completed ID verification, you'll be provided with your transfer limits under 'More'. If a CoinJar member remains unverified, these limits will remain at nil. 

Account Limits

The below limits are the standard account limits for verified CoinJar Customers in Australia. 

Incoming bank transfer

$2,500.00

Resets Weekly

Transfer between CoinJar accounts

$250,000.00

Resets Daily

Outgoing wire transfer

$100,000.00

Resets Monthly

Incoming wire transfer

$100,000.00

Resets Monthly

Outgoing bank transfer

$25,000.00
Resets Weekly
Send cryptocurrency
$50,000.00
Resets Monthly
Receive with cryptocurrency address
$250,000.00
Resets Daily
 
 

Checking your account limits

You can check your CoinJar limits at any time:

  1. Sign in to your CoinJar, or open the CoinJar mobile app
  2. Navigate to 'More' 
  3. Navigate to 'General'
  4. Navigate to 'Usage and limits'


Daily limits are on a rolling 24 hour time frame. This means that they don't reset at midnight, but 24 hours after a particular action is performed. Monthly limits are on a rolling 30 day time frame. This means that they don't reset at the start of the month, but 30 days after the action is performed. These rolling time frames are action specific. For example, if you have reached your monthly 'Bank Transfer (FPS)' limits, this will not affect your 'Bank account withdrawal' daily limits as these are two distinct account actions, each with specific limits.

 

Increasing your account limits

You can apply for increased account limits within your CoinJar from the More menu. Navigate to the General section and select Apply for increased limits. Please ensure to complete all fields to the best of your ability.

 

Submitted applications will be reviewed by our Security Team and you may be contacted by CoinJar Support if further information is required.*

 

CoinJar completes a stringent review of all supplied declarations and evidence documents in order to determine whether a limit increase is suitable for your account. In some cases we can offer increased account limits. However, in other cases, we are unable to offer increased account limits.

If you feel you qualify for increased account limits, or would like a secondary review of your limit increase request, please contact CoinJar Support by emailing support@coinjar.com.

 

 

* CoinJar reserves the right to reject limit increase requests for any reason as specified in the Terms of Service.



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