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CoinJar is one of the oldest and most trusted crypto exchanges in the UK — FCA-registered since September 2021, operating since 2013, with BitGo and Fireblocks institutional custody, 90%+ cold storage, and zero major security incidents in over a decade. Maker fees as low as 0% for crypto-to-crypto trades. The CoinJar Card (Mastercard) lets you spend crypto in stores globally.
| 📊 Feature | Details |
|---|---|
| ⭐ Rating | 4.0 / 5 |
| Best For | UK beginners and long-term investors wanting compliance + low fees |
| Founded | 2013 (Melbourne, Australia) — expanded to UK & Ireland |
| Regulation UK | ✅ FCA-registered (AML regime) since September 2021 |
| Exchange Maker Fee | 0.00% (crypto-to-crypto and stablecoin pairs) |
| Exchange Taker Fee | 0.06% (crypto-to-crypto); 0.10% (fiat pairs) |
| Instant Buy Fee (App) | 1% standard; 2% via card/Apple Pay/Google Pay |
| Supported Assets | 200+ cryptocurrencies |
| Fiat Deposits | Free — Faster Payments (GBP), SEPA (EUR) |
| Fiat Withdrawals | Free — to UK bank accounts |
| Custody | BitGo + Fireblocks — 90%+ cold storage |
| CoinJar Card | ✅ Mastercard — spend crypto in-store globally |
| DCA | ✅ Recurring buys available |
| Available In | UK, Australia, Ireland — US (state-by-state MTLs in progress) |
| 👉 Open CoinJar Account — FCA-Registered, Free GBP Deposits → | |
Key Takeaways
- CoinJar UK is FCA-registered under the UK cryptoasset registration regime (approved September 2021) for AML/CTF supervision. This is not full FCA authorization (no investor protection or conduct regulation), but it places CoinJar above unregistered platforms for compliance standards.
- The CoinJar Exchange offers some of the lowest spot trading fees available for GBP/AUD pairs — 0.00% maker for crypto-to-crypto trades, 0.06% taker, 0.10% for fiat pairs. Cheaper than Coinbase, eToro, and most beginner-friendly platforms in the UK.
- CoinJar Card (Mastercard) allows spending crypto holdings in-store and online anywhere Mastercard is accepted. This is a genuinely useful real-world crypto utility feature that most UK exchanges don’t offer.
- ⚠️ FCA registration covers AML compliance only — NOT investor protection or conduct regulation. If CoinJar fails, there’s no compensation scheme. FSCS does not cover crypto investments.
- Backed by Boost VC, Blackbird Ventures, and Digital Currency Group. Never had a publicly disclosed security breach since 2013. BitGo and Fireblocks institutional custody with 90%+ cold storage.
CoinJar Fees — Full Breakdown
| Fee Type | Rate | Notes |
|---|---|---|
| Exchange Maker (crypto/stablecoin) | 0.00% | Free on CoinJar Exchange for crypto pairs |
| Exchange Taker (crypto/stablecoin) | 0.06% | Very competitive vs industry average 0.23% |
| Exchange Maker/Taker (fiat pairs) | 0.10% | AUD, GBP, EUR pairs |
| Instant Buy (app) | 1.00% | Simple buy on CoinJar.com app |
| Card/Apple Pay/Google Pay | 2.00% | Instant buy via card — highest fee mode |
| GBP Deposit (Faster Payments) | Free | UK bank transfer — instant |
| GBP Withdrawal (Faster Payments) | Free | To UK bank accounts |
| AUD Deposit (PayID/NPP/Osko) | Free | Australian bank transfer |
| Crypto Deposit | Free | |
| BTC Withdrawal | Dynamic (network fee) | Recalculated every 15 minutes |
💡 Expert Tip: Always use the CoinJar Exchange (accessible from the app’s web browser) instead of the main CoinJar.com app for better rates. The Exchange charges 0%–0.10% vs 1–2% in the regular app. Free GBP Faster Payments deposits make this one of the cheapest ways to convert GBP to crypto in the UK.
CoinJar Pros & Cons
| ✅ Pros | ❌ Cons |
|---|---|
| FCA-registered — compliant for UK users | FCA registration = AML only, not investor protection |
| Operating since 2013 — oldest UK/AU exchange | 200 coins — limited altcoin selection |
| 0.00% maker / 0.06% taker (Exchange) | Main app charges 1–2% — confusing fee structure |
| Free GBP/AUD bank deposits and withdrawals | No derivatives, leverage, or futures |
| BitGo + Fireblocks custody, 90% cold storage | No live chat — email/ticket support only |
| CoinJar Card — spend crypto globally | No social/copy trading features |
| DCA recurring buys, Crypto Bundles | Limited advanced trading tools |
| Never hacked since 2013 | 3.7/5 Trustpilot — mixed user reviews |
⚡ Bottom Line: CoinJar is the ideal UK/Australia exchange for compliance-focused beginners who want free GBP bank deposits, very low Exchange fees (0–0.10%), a CoinJar Mastercard for real-world spending, and a 10+ year track record with no security incidents. Its limitations — 200 coins, no leverage, email-only support — mean it’s not for power traders. But for long-term BTC/ETH investors in the UK or Australia who want a clean, FCA-registered platform, CoinJar is a solid first choice.
⚠️ Risk Disclaimer: CoinJar’s FCA registration covers AML compliance only — crypto assets are not protected by the FSCS. Available to UK, Australia, and Ireland users. This is not financial advice.
