We offer three convenient deposit methods for Australian dollar deposits to your CoinJar. If you prefer, you can also instantly buy cryptocurrencies using Instant Buy without making a deposit.

PayID

PayID at a glance

• No deposit fee
• Typically arrives within a minute
• Not all Australian banks support PayID at this time

PayID allows you to quickly deposit funds to your CoinJar using a unique email address assigned to your account.

Deposits via PayID typically arrive within a few minutes, and can be initiated outside of business hours without any additional delay.

How to make a PayID deposit

1. Tap or click on the Deposit button on the home screen, select PayID, and take note of your unique PayID email address.
2. Open your bank's app or website, and follow the prompts to make a new payment. This process will be different for every bank. 
3. Select email address as the recipient and enter your unique CoinJar PayID email address. Don't select "Organisation ID" or "Business". 
4. Enter the desired deposit amount.
5. Confirm the payment.

Requirements and important information

• Deposits made from a bank account that's not registered in your legal name will be rejected and returned.
• PayID deposits made to npp@coinjar.com must include a reference number in the description/narration field. PayID deposits made with a reference number will not be accepted after June 27, 2022.
  • If you have these details saved in your bank's website or app, please delete it to avoid mistaken payments.
• PayID deposits made to your unique PayID email address (e.g. sample12345@payid.coinjar.com) do not require a reference number. You can enter any text of your choice in the description field or leave it blank.

Bank transfer

Bank transfer at a glance

• No deposit fee
• May arrive within a minute, or take 1-3 business days to arrive
• Not held in the reserved balance

Bank transfers allow you to directly send funds to your CoinJar using a unique BSB and account number assigned to your account.

The BSB and account number is unique to your account and will never change, meaning you can easily schedule future transfers from your bank account.

How to make a bank transfer

1. Tap or click on the Deposit button on the home screen, select Bank transfer, and take note of the BSB and your account number.
2. Open your bank's app or website, and follow the prompts to make a new payment. This process will be different for every bank.
3. Enter the desired deposit amount.
4. Enter your CoinJar's unique BSB and account number. 
5. Confirm the payment.

Requirements and important information

• Bank transfers may not be instantaneous, and can take up to 3 business days to arrive. The timeframe of a bank transfer deposit can depend on your bank and its support for Osko. If your bank does not support Osko or you have exceeded your bank's Osko limit, your bank transfer may be sent via a slower method. Transfers via this slower method can take 1-3 business days to arrive, and are not processed on weekends or public holidays observed in Australia.
  • CoinJar has no control over how your bank processes bank transfers.
• There is no minimum deposit amount. The maximum amount depends on your CoinJar's account limits, and the transfer limits set by your bank.
• The BSB and account number you have been issued must only be used for deposits to your CoinJar account. Deposits made from a bank account that's not registered in your legal name will be rejected and returned.

Blueshyft

Blueshyft at a glance

• 1.5% processing fee
• Arrives instantly
• Subject to additional account limits

Blueshyft allows you to deposit physical cash into your CoinJar from a selection of locations across Australia. These cash deposits incur a Blueshyft payment processing fee of 1.5%, however they allow you to make instant cash transfers into your CoinJar. 

How to make a Blueshyft deposit

1. Tap or click on the Deposit button on the home screen, select Blueshyft.
2. Enter the amount you wish to deposit into your CoinJar. 
3. A unique QR code will be sent to your email address. Present this QR code to a sales assistant at any Blueshyft cash deposit location. They will scan your QR code and assist you with the deposit.
4. Your deposit will be immediately added to your CoinJar's Cash Account.

Learn more

• See how to instantly buy cryptocurrency using your credit or debit card without making a deposit.
• See what happens if your deposit is held in the reserved balance.
• See how to check your account limits.
• See Blueshyft cash deposit locations in Australia
• If you have any questions or if your deposit has not arrived, contact us.