
Australian customers can now deposit and withdraw Australian dollars using PayPal. If you’re already a PayPal user, you can fund your CoinJar account with your existing PayPal payment methods such as bank account and card.
A more flexible way to fund your account
We know customers want choice when they fund their account. Alongside our existing PayID, bank transfer, Visa and Mastercard options, PayPal offers a familiar deposit experience for anyone who prefers to manage their payment methods in one place.
Fees and what to expect
- Deposit fee: 0.5%. Withdrawals back to your PayPal wallet from crypto sales are free.
- First deposit only: a 7-day reserved balance applies. Subsequent deposits clear immediately once the initial period has passed.
- PayID and bank transfers remain free with no reserved balance.
How it works
- Go to Deposit Cash or Transfer and select PayPal.
- Enter your AUD amount and confirm.
- Log in to PayPal to complete the payment securely.
For more detailed instructions, please visit CoinJar Support.
What this means for you
This integration is designed to make funding your account simpler, particularly if you already keep your primary card or bank account linked to PayPal. It reduces the need to enter card details directly and gives you a clear record of deposits inside your PayPal wallet.
As always, PayPal deposits can be used to buy cryptocurrency on CoinJar, move funds into CoinJar Bundles, or simply hold a fiat balance until you’re ready to trade.
Any questions?
If you have any questions, please get in touch with CoinJar Support.
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.
CoinJar Card is a prepaid Mastercard issued by EML Payment Solutions Limited ABN 30 131 436 532 AFSL 404131 pursuant to license by Mastercard. CoinJar Australia Pty Ltd is an authorised representative of EML Payment Solutions Limited (AR No 1290193). We recommend you consider the Product Disclosure Statement and Target Market Determination before making any decision to acquire the product. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.
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