CoinJar will be delisting the Wrapped Bitcoin (WBTC) token.
This will have no effect on our Bitcoin (BTC) offering, which will continue to be available on CoinJar.
Below, we outline how it will affect you, and the next steps you should consider taking.
How Will This Affect You?
Buying and Selling
- Customers won’t be able to purchase WBTC from 04 December 2024.
- Customers with an existing WBTC balance will not be able to sell their tokens from 11 December 2024.
Deposits and Withdrawals
- For a limited time, existing WBTC investors can send and receive WBTC using the CoinJar app.
CoinJar Card
- From 11 December 2024, you can no longer use WBTC with your CoinJar Card.
CoinJar Exchange (CJX) Pairs
- WBTC trading pairs (WBTC/AUD, WBTC/USD, WBTC/EUR, WBTC/GBP, WBTC/USDC, WBTC/BTC) will be delisted from the CoinJar Exchange on 11 December 2024.
Timelines
Selling Period
- You will be unable to sell WBTC from 11 December 2024.
CJX Delisting
- WBTC will be delisted from CoinJar Exchange on 11 December 2024.
What You Need to Do
- For existing WBTC Holders: CoinJar recommends that you should consider selling WBTC tokens or withdrawing WBTC from your CoinJar account to your external wallet using the Ethereum network (ERC20).