Rebalancing, Instant Buy and New Asset Allocations are here!
CoinJar Bundles are a great way to diversify your crypto portfolio quickly and conveniently, all from inside the CoinJar app.
Perhaps you want to invest 50/50 in Bitcoin and Ethereum, or maybe you want exposure to our DeFi tokens, or even our Green Bundle of energy-efficient cryptocurrencies. Simply pick your Bundle of choice and a single purchase will add the whole set to your CoinJar.
Today, CoinJar has launched a Bundle rebalancing feature, added Visa and Mastercard payment methods for Bundle purchases and updated token allocations for selected Bundles.
To access these new features, please always keep your CoinJar app updated.
Save on fees by rebalancing your CoinJar Bundles
Now you’re able to rebalance your portfolio to maintain an original or desired level of asset allocation or risk with a click of a button.
All you need to do is select the relevant Bundle, then choose ‘Rebalance Available’ and then ‘Rebalance bundle’, Rebalance and Confirm.
Using the rebalance feature means you no longer need to sell the entire balance of your Bundle just to re-purchase it shortly after.
Instead, the rebalance feature will swap the minimum amount of tokens necessary to match the target allocations.
And the best part is that the 1% fee will apply only to token to token conversions made, rather than being charged 1% twice for selling and rebuying the entire balance of tokens within a Bundle.
To learn more about rebalancing CoinJar’s Bundles please visit this CoinJar Support article.
Purchase Bundles with your Visa or Mastercard
Eyeing off a CoinJar Bundle? Want to get into the action without waiting for bank deposits to clear?
You can now use your Visa or Mastercard to purchase Bundles instantly, straight from your phone.
All you need to do is select a Bundle in the CoinJar app, then choose ‘Add funds’, ‘Add funds instantly’ and select or add your card.
And with only a 2% fee, our Instant Buy is competitive.
Irish customers can only buy via bank transfer at this present time.
New Bundle asset allocations
CoinJar Universe and Green Bundles are welcoming new changes to their token allocations.
The below table delineates the Bundles and their subsequent crypto changes. Additions are highlighted in bold and removed assets have a line through them:
For the full list of cryptocurrencies in each bundle please visit this Knowledge Base article.
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 I update my existing bundles?
To include new tokens or to update your bundles to the new allocation methodology, you can use the rebalance feature.
You can read more about CoinJar Bundles in our dedicated Knowledge Base article.
To access these new features, please don’t forget to update your CoinJar app.
^As of 6th of April 2023. This excludes any additional fees that you may be charged by your bank or credit card provider.
Warning: Past performance is not a reliable guide to future performance. If you invest in this product, you may lose some, or all, of the money you invest. The above information 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. There are no government or central bank guarantees in the event something goes wrong with your investment. This information is provided for general information and/or educational purposes only. No responsibility or liability is accepted for any errors of fact or omission expressed therein. CoinJar makes no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information.
