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Buying, converting and selling cryptocurrencies with CoinJar

Adrian
  • Updated

This article is intended for Australian members. If you're looking for instructions for CoinJar UK, visit this article.


Did you know?

You can buy cryptocurrency directly using your credit/debit card, with Instant Buy. No cash deposits or conversions needed.

 

 

In this article:

Buying, converting and selling cryptocurrency
What's in the Buy/Sell tab?
Trading from your Everyday Account
How to buy or sell cryptocurrency
How to convert cryptocurrency

 

Buying, converting and selling cryptocurrency: the basics

You can buy, sell and convert any of our supported cryptocurrencies with CoinJar.

To be eligible, you'll need to:

You can buy cryptocurrency using Australian Dollars (AUD) in your CoinJar's Cash Account. You can make a free bank transfer from your bank account to your CoinJar to add AUD.

You can buy cryptocurrency using cryptocurrency that's already in your account. To do this, you can use the 'Convert' option in your Everyday Account.

You can sell a cryptocurrency to exchange it back into AUD.

 

What's in the Buy/Sell tab?

In the Buy/Sell tab, you can find:
  • A list of CoinJar's supported cryptocurrencies.
  • The market current price for each cryptocurrency.
  • A price chart for the past 24 hours.

If you select a cryptocurrency in this list, you'll also see:

  • CoinJar's buy and sell prices for that cryptocurrency.
  • Market stats.
  • Buy/Sell buttons so that you can make a trade.

 

Trading from your Everyday Account

You can also head over to the Accounts section of your CoinJar and select your desired cryptocurrency. There, you can locate Buy, Sell and Convert options.

 

How to buy or sell cryptocurrency 

  1. Navigate to your desired cryptocurrency in either the Buy/Sell tab. Or, head over to 'Accounts' and locate your desired cryptocurrency's Everyday Account.
  2. Select 'Buy' or 'Sell'.
  3. Enter the amount you'd like to purchase or sell. You can also use the quick conversion buttons to select 25%, 50%, or the maximum amount possible.
  4. Select 'Next' and review the transaction quote.
  5. 'Confirm' when ready.


Your funds will then be in their new account. You can view details on this transfer in either your Cash Account or Everyday Account.

 

How to convert cryptocurrency

  1. Navigate to 'Accounts' in your CoinJar.
  2. Select an Everyday Account to convert funds from.
  3. Select an Everyday Account to convert funds to. 
  4. Enter the amount you'd like to convert. You can also use the quick conversion buttons to select 25%, 50%, or the maximum amount possible.
  5. Select 'Next' and review the transaction quote.
  6. 'Confirm' when ready.


Your funds will then be in their new account. You can view details of this transfer in your respective Everyday Accounts.

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