It's CoinJar's 8th Birthday!

April 30, 2021
CoinJar
AuthorCoinJar
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It's CoinJar's 8th Birthday!

Bottoms up - it’s CoinJar’s 8th Birthday!

We’ve been in the game longer than most - we’re arguably considered a dinosaur by crypto standards - so we’d like to take a look back on CoinJar’s history and how far the overall cryptocurrency industry has come.

Eight years ago, you could buy a singular bitcoin for just over $100 a pop. A $1000 investment in bitcoin back in 2013 would be worth over half a million Australian dollars today - assuming you had the diamond hands to HODL, of course (past performance is not a reliable guide to the future). Bitcoin was born out of the 2008 financial crisis as a way to circumvent the banking infrastructure as a universal currency - since then, it has evolved from an alternative currency to a store of value and hedge against inflation. Bitcoin paved the way for Ethereum and other blockchains, leading to the birth of dApps, decentralised financial exchanges, DeFi, myriad cryptocurrencies and NFTs.

That’s not to say the path forward in cryptocurrency hasn’t been tumultuous - the industry has seen its fair share of rallies and crashes. But the dream of a democratised, accessible financial system has only gained momentum. In the last year alone, we’ve seen institutions, corporations and hedge funds buy into this dream; we’ve witnessed Bitcoin and Ethereum developed rapidly, and we’ve seen the masses exercise their trading power with the likes of Dogecoin. At CoinJar, we’re incredibly proud to have played a small part in the evolution of crypto, with our exchange connecting over 500k users with a wide range of blockchains and tokens.

The story of crypto and CoinJar doesn’t end here. We’re excited to see what the next eight years bring. In the near future we’re launching a cryptocurrency debit card and rolling out more features to make crypto even better.

If you’d like to register your interest for the CoinJar Card in Australia please fill out this form - alternatively, for the UK register here.

Happy Trading (and Happy Birthday to us!)

CoinJar Team


Please remember past performance is not a reliable indicator of future results. Don’t invest unless you’re prepared to lose all the money you invest. Due to the nature, complexity and volatility of crypto, it may be perceived to be a high‑risk investment. There are no government or central bank guarantees in the event something goes wrong with your investment.

CoinJar Europe Limited (CRO 720832) is registered as a VASP and supervised by the Central Bank of Ireland (Registration number C496731) for Anti-Money Laundering and Countering the Financing of Terrorism purposes only. CoinJar Europe Limited (CRO 720832) is registered as a VASP and supervised by the Central Bank of Ireland (Registration number C496731) for Anti-Money Laundering and Countering the Financing of Terrorism purposes only.

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