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

New crypto listings

and are now available for purchase on CoinJar.

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

Crypto upgrades

. If you hold MATIC, you can now it to POL in your CoinJar for free, ready to trade. 

Introducing multichain

CoinJar now offers 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.

UK residents:

Standard Risk Statement

The above article is not to be read as investment, legal or tax advice and it takes no account of particular personal or market circumstances; all readers should seek independent investment advice before investing in cryptocurrencies. The 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. Past performance is not a reliable indicator of future results.

UK residents are required (in accordance with local legislation) to complete an appropriateness assessment to show they understand the risks associated with what crypto/investment they are about to buy and enabling CoinJar to categorize them as an investor. New customers are also required under local regulations to wait 24-hours as a “cooling off” period (from account creation), before their account is active (i.e. to deposit, trade, withdraw etc.).

Cryptocurrency is currently not regulated in the UK. It's vital to understand that once your money is in the crypto ecosystem, there are no rules to protect it, unlike with regular investments. You should not expect to be protected if something goes wrong. So, if you make any crypto-related investments, you’re unlikely to have recourse to the Financial Services Compensation Scheme (FSCS) or the  Financial Ombudsman Service (FOS) if something goes wrong.

Remember:

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. .