Based: New Cryptos, New Networks, and Multichain Transfers at CoinJar

November 4, 2024ARB (Arbitrum) and OP (Optimism) are now available for purchase on CoinJar. MATIC is now POL, and we have gone multichain!
CoinJar
AuthorCoinJar
Based: New Cryptos, New Networks, and Multichain Transfers at CoinJar

We're excited to announce some major upgrades at CoinJar.

New crypto listings

ARB (Arbitrum) and OP (Optimism) are now available for purchase on CoinJar.

These popular cryptos are the native tokens of two leading Ethereum Layer-2 blockchain networks.

Crypto upgrades

MATIC has transformed into POL (Polygon). If you hold MATIC, you can now swap it to POL in your CoinJar for free, ready to trade. 

Introducing multichain

CoinJar now offers multichain capabilities.

Multichain is a term used in blockchain technology that refers to the ability of different blockchain networks to communicate and interact with each other, whereas before they acted separately.

Multichain can help to reduce the need for multiple transactions, which can have the potential to be more efficient. 

New networks

Expanded ETH support: In addition to ERC-20, you can now send and receive ETH on both the Optimism and Arbitrum One networks.

POL Transfers: POL can now be transferred using both ERC20 and POL networks.

ARB and OP Networks: You can now send and receive ARB and OP tokens using the Arbitrum and Optimism networks respectively. 

Why Multichain?

Choice. You get to decide which network is more suited for your transfer based on speed, fees, and other factors.

As new networks emerge, CoinJar will be ready to support them, giving you access to the latest innovations. 

We're always looking for ways to improve your crypto experience. If you have any questions about these new features, feel free to reach out to our support 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.

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