Why is CoinJar novating my contract?

CoinJar just launched in the U.S.! To ensure we can better support you, we have set up a U.S. subsidiary, CoinJar, Inc. When you previously accepted our Terms of Service, Privacy Policy and other terms, you may have contracted with our Australian entity.

What is a Novation?

A novation essentially transfers a party’s rights and obligations contained within a contract to another third party. When a contract is novated, the new party assumes all legal responsibilities.

For impacted users, your contract with CoinJar will be transferred from our Australian entity (CoinJar Australia Pty Ltd) to our U.S. subsidiary (CoinJar, Inc.) so that we can service you locally. Nothing else will change, and you will be able to receive our same services without any disruption.

By clicking ‘Accept’ to the previous prompt, you consent to the novation and thereby agree that: 

• You release CoinJar Australia Pty Ltd from all obligations and liabilities under the contract;

• You accept CoinJar, Inc. as the new contracting party in place of CoinJar Australia Pty Ltd; and

• You agree to continue to be bound by the contract as if CoinJar, Inc. were named in it from the beginning.

When will the novation be effective?

For impacted users, the novation will be effective from August 17, 2025.

What do I have to do?

Nothing. If you consent to the novation by clicking ‘Accept’ to the previous prompt, you will proceed to the next screen and will be able to set up your CoinJar account, verify your ID, and start trading without any disruption.

If you choose not to agree to the novation of your contract, you will not proceed to the next screen and your contract will remain with CoinJar Australia Pty Ltd. Unfortunately that means you will not be able to access CoinJar’s services – but don’t worry, if you change your mind later, we’d be happy to have you back by onboarding with our U.S. entity!

For any assistance or if you wish to deactivate your account, please contact support@coinjar.com.