We are thrilled to announce the launch of our latest CoinJar Bundles, designed to help you diversify your crypto portfolio more effectively. Additionally, we are pleased to inform you of a reduced recurring buy fee.

New CoinJar Bundles

We have introduced four new bundles, each curated to meet diverse investment interests:

Solana Bundle: Invest solely in Solana.

Memecoin Bundle: Includes Dogecoin, Shiba Inu, Pepe, Dogwifhat, and Bonk for those who love meme coins.

Gaming Bundle: Contains Immutable X, Axie Infinity, Gala, The Sandbox, Decentraland, and Enjin Coin, catering to gaming and metaverse enthusiasts.

AI Bundle: Features Render, Injective Token, The Graph, and Fetch.ai, focusing on artificial intelligence.

You can read more about CoinJar Bundles in our dedicated Knowledge Base article.

Reduced Recurring Buy (DCA) Fee

Starting from the 21st of June 2024, we have reduced the fee for all new and existing recurring buys from 2% to 1%.

Rebalance your CoinJar Bundles to take advantage of new asset allocations

Over the past years, CoinJar has added several new tokens, including AI tokens and meme coins, and others, while some older cryptocurrencies have fallen out of favour. You can now rebalance your bundles in the app to take full advantage of these updates.

Each user may have different rebalance options, so please check the CoinJar app to see what's available for your specific bundles. Most bundles have been re-weighted, and we've also added and removed tokens from some bundles, providing an updated and optimised investment experience tailored to your needs.

For the full list of cryptocurrencies in each bundle please follow rebalancing instructions in our customer support knowledge base.

Does this affect my existing bundles?

No. Existing bundles will remain with the previous basket weighting system until you choose to rebalance or sell.

How can investors update my existing bundles?

To include new tokens or to update your bundles to the new allocation methodology, you can use the rebalance feature. Please note that any crypto investments can have extreme price volatility, often experiencing rapid and unpredictable price fluctuations within short periods.

What is Dollar Cost Averaging (DCA) with CoinJar Bundles Recurring Buy?

DCA is a commonly used investment strategy that allows you to automatically buy crypto with your debit or credit card regularly and purchase CoinJar Bundles to ensure a diversified portfolio.

Benefits of CoinJar’s Recurring Buy:

- It doesn’t require a significant up-front investment

- Set and forget - you won’t have to log in each month to purchase cryptocurrency

- A competitive 1% debit/credit card fee for new recurring buys activated from 01/07/24 (At this time, card payments are not available in Ireland).

- Cancel and withdraw at any time

CoinJar recommends using debit cards because credit card purchases might incur additional fees if your financial institution chooses to classify these transactions as cash advances.

How to set up CoinJar Bundles with Recurring Buys (in line with your investor risk appetite)

1. After opening the CoinJar App, select CoinJar Bundles under the “Your CoinJar” section.

2. Select a Bundle.

3. Select “Add Funds/Add Funds to Bundle”.

4. Select “Set up recurring buy”.

5. Choose your Payment method. If you have yet to add a debit or credit card to your CoinJar, you can do so now. (Card payment not available in Ireland.)

6. Create your Payment Schedule (amount, starting date, and frequency).

To access these new features, please always keep your CoinJar app updated.

Any questions?

If you have any questions or concerns about these changes, please get in touch with our Support team.

Happy investing!

CoinJar Team

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.