• CoinJar's 2024 Year in Review and What is Ahead for 2025

    December 22, 2024Here's everything we achieved in 2024, and what we plan to conquer in 2025!
    CoinJar
    AuthorCoinJar
    CoinJar's 2024 Year in Review and What is Ahead for 2025

    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!


    UK residents: Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more: 

    www.coinjar.com/uk/risk-summary
    .

    Cryptoassets traded on CoinJar UK Limited are largely unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits.​​

    CoinJar’s digital currency exchange services are operated in Australia by CoinJar Australia Pty Ltd ACN 648 570 807, a registered digital currency exchange provider with AUSTRAC; and in the United Kingdom by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).

    EU residents: CoinJar Europe Limited (CRO 720832) is registered as a VASP and supervised by the Central Bank of Ireland (Registration number C496731) for Anti-Money Laundering and Countering the Financing of Terrorism purposes only.

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    CoinJar’s digital currency exchange services are operated by CoinJar Australia Pty Ltd ACN 648 570 807, a registered digital currency exchange provider with AUSTRAC.

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