Is CoinJar Cryptocurrency safe to trade? Check it out here

CoinJar is an all-in-one financial platform that lets you buy, sell and manage cryptocurrency along multiple fiat currencies, all on your phone.

What is CoinJar and how does it work?

CoinJar is a simple online platform that allows you to buy, sell and spend Bitcoin. It’s best for mobile phones because it allows you, to use a prepaid debit card, to swipe and pay for goods and services anywhere you go.

You can make direct deposits to CoinJar or simply link your bank account, to your CoinJar account.

CoinJar is:

1 –A bitcoin wallet

2 –Has Multi-currency bank account functions 

3 –Involves Bitcoin trading

4 –It is an international money transfer platform

Which cryptocurrencies can I buy or sell?

No other cryptocurrency is accepted as such, in the present time but US Dollar, euro, British pound and the Australian dollar are accepted in coinJar.

Where is it available?

CoinJar is an Australian company, but the platform is available worldwide.

Which payment methods are accepted?

With CoinJar, not only you can proceed, with bank transfers but also can transfer Bitcoin, to CoinJar, from other wallets, anywhere in the world.

How much will it cost me to use CoinJar?

CoinJar can offer interesting competitive rates on every kind of transfer. The Bitcoin buying fee is 1%, while the market value is acknowledged, with a weighted average of all major exchanges. This means there’s an equal opportunity, to buy and sell Bitcoin as required, at a fair price.

Is it safe to use CoinJar?

If you are an active buyer, it’s essential, to know the security features of CoinJar, before making any decision on it. The CoinJar has following features:

1 -CoinJar has the 2-factor authentication enabled on all its accounts, which has proven to be the best and safest security system.

2 -CoinJar’s Privacy Policy promises that your private information is safe in every possible way.

3 -Within the CoinJar network, you are free to manage your public profile, including name and image.

Advantages of  CoinJar :

1 -More than just an exchange, it also lets you spend and use bitcoin

2 -Highly suitable and well-reviewed wallet

3 -Automatic 2-factor authentication

4 -Easy to use and good for beginners

5 -Works well in mobile device use

6 -Quick and easy currency changing on your phone

7 -Allows quick and cost-effective international money transfer

Disadvantages of  CoinJar:

1 -Lacks multi-signature capability

2 -No open source

CoinJar Customer Support:

You can contact a specialist directly from your CoinJar account. The Coinjar customer support executives are round the clock available to address your concerns of CoinJar. If you are confused, with CoinJar, call the customer support number therein.

Source Url:- http://walletonline.info/wallet/coinjar/