Once you've completed ID verification, you'll be provided with daily limits for making bank transfers and converting currencies within your CoinJar.
Checking your daily limits
You can check your CoinJar limits at any time by signing in to your CoinJar and navigating to the 'Your Usage' section within Settings. You may need to select the 'See all limits' button to expand this area to view all limits.
Increasing your daily limits
Certain daily limits can be increased upon request. For security purposes, an increase in daily limits is reserved for CoinJar members who have successfully completed and submitted the Customer Identification Form, accompanied by authorised copies of ID documentation. This is a separate process from regular ID verification, however both must be completed in order to be eligible for a limit increase.
Apply for increased daily limits by submitting the Customer Identification Form via mail. Details of CoinJar's postal address are included on the first page of this document.
Limits will typically be increased to the following values for CoinJar members who are approved. Please note that limits will be assessed on a case-by-case basis.
|Limit type||Regular limit amount||Increased limit amount|
|POLi transfer into CoinJar||$2,500||$10,000|
|BPAY transfer into CoinJar||$2,500||$10,000|
|Bank transfer from CoinJar to linked bank account||$10,000||$50,000|
|Bitcoin exchange limit||A$10,000 equivalent||A$50,000 equivalent|
|Hedged account transfer limit||A$10,000 equivalent||A$50,000 / US$50,000 / £25,000 / €50,000|
Updated: 16 May 2017 (AS)
Reviewed: 16 May 2017 (AS)