This article is intended for Australian members. If you're looking for instructions for CoinJar UK, visit this article.
How do accounts work?
Within your CoinJar, each different type of currency you own is stored in its own separate account. For example, your Bitcoin is stored in an 'Everyday Bitcoin' account, your Litecoin is stored in an 'Everyday Litecoin' account, and so on. This provides you with a quick and simple overview of how much value you have in your CoinJar.
Once your ID verification has been completed, you can also store Australian dollars in your Cash Account and trade between accounts. Converting funds is as simple as transferring the amount you require between accounts.
If you need to convert a cryptocurrency into Australian dollars and withdraw these funds to your linked bank account, you can do so in one simple step. Just transfer the funds from your cryptocurrency account to your linked bank account. CoinJar will provide you with a quote, then automatically convert the funds into your local currency.