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CoinJar at a Glance
| Our Rating | 3.9 / 5 |
|---|---|
| Best For | Buying crypto with bank transfers and recurring buys |
| Funding | ACH bank transfer and wire deposits |
| Markets | US, Australia, EU and UK |
| Extras | Recurring Buy, Bundles, exchange platform, OTC desk |
What Is CoinJar?
CoinJar is a cryptocurrency exchange where users buy, sell and hold digital assets such as Bitcoin, Ethereum, Solana and XRP. US customers trade in US dollars with CoinJar, Inc., and the company also operates in Australia, the EU and the UK.
Beyond simple buys, it offers Recurring Buy for dollar-cost averaging, themed Bundles, a separate exchange platform for active traders and an over-the-counter desk for trades of $50,000 or more.
Pros & Cons
Pros
- Buy with ACH bank transfer or wire deposits
- Recurring Buy for dollar-cost averaging
- Separate exchange platform for active traders
- Operates in the US, Australia, the EU and the UK
Cons
- Cryptocurrency is volatile and can lose value quickly
- US state availability varies and should be checked
- Crypto assets are not FDIC insured
How CoinJar Works
Create an account
Sign up and complete identity verification.
Fund it
Deposit by ACH bank transfer or wire.
Buy or schedule
Make a one-off purchase or set up Recurring Buy.
Safety & What to Know
Cryptocurrency prices swing widely and you can lose some or all of what you invest. Only invest money you can afford to lose.
Crypto holdings are not FDIC insured. CoinJar links to a separate page listing the US states it operates in, so confirm yours before signing up.
CoinJar Pricing
| Trading fees | CoinJar advertises 0% trading fees for US customers; confirm current fees and spreads |
|---|---|
| Deposits | ACH and wire; confirm any limits |
Fees and promotions change. Check CoinJar for current pricing and for any spread built into prices.
Who CoinJar Is For
A good fit if you
- You want to buy crypto through your bank account
- You like automated recurring purchases
Look elsewhere if you
- You want insured savings
- You live in a state CoinJar does not support
How CoinJar Compares
Crew is insured checking and Empower tracks your wider net worth. See the Best Digital Banking and Wealth Apps.
Frequently Asked Questions
Our Verdict
★ 3.9 out of 5
CoinJar is a simple way to buy crypto with bank transfers and automated recurring buys. Treat crypto as a high-risk part of your plan and confirm state availability and current fees first.
See the full Best Digital Banking and Wealth Apps ranking →
Reviewed by
Sarah MitchellSenior Finance Editor
Sarah Mitchell is a certified financial planner with 12 years of experience covering personal finance, credit cards, and investment products. She has been quoted in The Wall Street Journal, Forbes, and Bloomberg. Sarah holds a CFP designation and an MBA from Wharton. She tests every financial product she reviews and consults with independent financial advisors to ensure accuracy.