CoinJar is an Australian exchange which allows users to send, receive, and exchange cryptocurrencies. It also provides merchant services to a wide range of businesses including online businesses, brick-and-mortar businesses, and not-for-profits. CoinJar was launched in 2013. CoinJar has over 350,000 and has processed more than $1 Billion in transactions.
CoinJar support Bitcoin, Ethereum, Litecoin, and Ripple. Users can settle in EUR, GBP, USD, and AUD. With the wide range of support for cryptocurrencies, CoinJar is a more global solution than a lot of competitors. The user interface has been noted to be very intuitive. Customers of CoinJar get a multicurrency wallet which enables them to send, receive, exchange, and store the supported cryptocurrencies. There is a fee of 1% for buying and selling which is competitive when compared with other merchant solutions.
CoinJar's main focus is the exchange where users can buy, sell, and trade Bitcoin. Although they provide merchants solutions, their website is not distinctly targeted towards merchants setting up services with them. Overall, CoinJar has good features but users may get greater benefits from choosing a service provider whose main focus is merchant solutions.