This article is intended for Australian members. If you're looking for instructions for CoinJar UK, visit this article.
What is CoinJar Exchange?
CoinJar Exchange is an advanced online cryptocurrency trading platform, which provides the ability to trade multiple different cryptocurrencies against Australian dollars and Bitcoin.
Unlike CoinJar - a market maker - CoinJar Exchange allows to you trade via an open order book. The value of the currency you wish to trade at the time is directly influenced by the price of other orders in the order book.
Who is it for?
Anyone with a verified CoinJar can join CoinJar Exchange for free, and there are also multiple upgradeable plans available with additional benefits. Each plan offered is detailed within CoinJar Exchange itself. To become verified, you must be an Australian resident.
Why use CoinJar Exchange over CoinJar?
CoinJar Exchange provides professional and high volume traders with more control over their buy and sell orders. When trading, you're able to specify the exact pricing and size of your trade, as well as the terms of cancellation. It displays a detailed overview of the current market, providing insights into liquidity and current market value.
CoinJar Exchange also has a dedicated trading API, allowing developers to automate order creation and cancellation, transfer funds to and from CoinJar Exchange, view existing and previous orders, and determine the current market value of the currencies on offer.
For more detailed technical information on CoinJar Exchange, please refer to the official CoinJar Exchange Documentation.