2024 was a year of milestones for CoinJar! We're incredibly proud of the progress we made and the value we delivered to our customers. Here's a look back at some of our key achievements:

Global expansion

We rounded off the year by expanding our services to Ireland, bringing the CoinJar experience to a new community of crypto enthusiasts.

Bitcoin's rise

The crypto world was abuzz with Bitcoin reaching a historic all-time high! This surge in price drove significant transaction activity on our platform, as users seized the opportunity to engage with the market.

Dollar-cost averaging takes centre stage

Our most popular product this year was dollar-cost averaging for individual coins. In simple terms, this means you automate an investment: A set amount of money in a chosen cryptocurrency at regular intervals (e.g., weekly or monthly), regardless of the price. This strategy helps to average out your purchase price over time and reduces the impact of market volatility. With our low 1% fee, it's no surprise this feature saw the biggest uptake ever!

Rewards redemptions made easy

We made it even easier for our users to redeem their CoinJar Rewards, by automating them. Many of our customers swapped their rewards points for gift vouchers, while others converted their points into more crypto, with XRP emerging as the second-most-popular choice!

Multichain functionality

We empowered our customers with multichain functionality. This allows them to find the most cost-effective blockchain for their transactions, optimising their DeFi experience. For example, users can now convert fiat currency to stablecoins and withdraw them over the Solana network for a tiny 0.001% fee and a dynamic blockchain network withdrawal fee.

Industry recognition

CoinJar's commitment to excellence was recognised with numerous awards this year. Among these was The Best Mobile Experience Award from WeMoney, and CoinJar nabbed the Best for Value in Finder's Crypto Trading Platform Award for the second year in a row. We're especially honored to be acknowledged for providing exceptional value to our customers in the trading arena.

Fighting scams

We partnered with the ACCC (Australian Competition and Consumer Commission) to launch a scam awareness campaign, equipping our users with the knowledge and tools to protect themselves from fraudsters in the crypto space.

Looking Ahead to 2025: We're not slowing down!

Here's a peek into our exciting plans for 2025.

More tokens

Get ready for a wave of new tokens hitting CoinJar next year! We've significantly upgraded our exchange and custody infrastructure, allowing us to rapidly list new cryptocurrencies - subject to our due diligence processes.

Expanding multichain capabilities

We're continuing to expand our multichain functionality to provide you with the most efficient and cost-effective trading experience. This includes supporting USDT transactions over Tron and Solana, and enabling USDC transfers over Layer 2 solutions.

Global expansion

We're setting our sights on new horizons! We're working hard to bring CoinJar to the US market and are actively pursuing an EU-wide MiCA license to pave the way for our expansion into Europe.

Enhanced trading features

We're upgrading our trading functionality with powerful new features, including the highly anticipated introduction of stop-loss orders. This will give you greater control over your investments and help you manage risk effectively.

Ongoing scam education

We remain committed to educating our customers about scams and promoting safe practices in the crypto space. Expect to see more informative content and resources to help you stay vigilant and protect your assets.

Refreshed Learn section

Our Learn articles have been refreshed and added to, plus we have a new section on trending articles. If you want to learn about crypto but don’t want to go back to school, then check out our education pages. You’ll be able to tell grandad how to buy XRP at the next fam gathering.

We're excited about the future of CoinJar and can't wait to share these developments with you in 2025. Thank you for being a part of our community!

The above article is not to be read as investment, legal or tax advice and takes no account of particular personal or market circumstances; all readers should seek independent investment, legal and tax advice before investing in cryptocurrencies. This article is provided for general information and educational purposes only. No responsibility or liability is accepted for any errors of fact or omission expressed therein. CoinJar, Inc. makes no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. Past performance is not a reliable indicator of future results.