Many in the Australian digital currency ecosystem were pleasantly surprised when in this year’s Budget the Australian Treasurer announced an effective date for the removal of ‘double GST’ on digital currency transactions. Effective 1 July 2017, the purchase of digital currency will no longer be subject to Australian GST. In effect, this will result in digital currency being given the same GST treatment as money.
The landscape for Bitcoin continues to intrigue and be unpredictable. This is especially true when it comes to Bitcoin transaction confirmation time and fees. We’ve had a lot of feedback over these past months as transactions sometimes have not been as close to instant (~10 mins) as one may have hoped when sending payments over the Bitcoin network. Industry pioneer, Erik Voorhees sums up these points in his excellent blog post.
There are some things that are part and parcel of the Australian holiday season: barbeques, hot weather (unless you’re in Melbourne), and bank delays. If you’re looking to make an instant CoinJar deposit over the festive period, you can visit one of over 1200 local newsagents to do this.
Brave is an adventurous attempt at a new web browser, one which focuses on rethinking the overall advertising model of the internet. As of October 2016, Google’s Chrome browser continues to be the most popular choice with over half (63%) the usage share of all browsers. Although Chrome is freeware (as is Brave), it is developed by Google which derives the majority of its revenue from advertising. Some think this may lead to conflicts of interest when it comes to privacy and security.
Released in 2014, the TREZOR marked the beginning of the Bitcoin hardware wallet. Produced by Satoshi Labs, the TREZOR could not only store Bitcoin independently of your computer, but could do so while maintaining the functionality of a traditional web wallet. Thus, the TREZOR was the precursor to the many different hardware wallets we now see on the market.
When you invite a friend or family member to join CoinJar, you’ll both be rewarded with 500 CoinJar Points. Simply sign in to your CoinJar for your personalised referral link and share this with
The most common way to store and interface with the Bitcoin network is either by using software running locally on your computer or provided by a web service like CoinJar. Web-based bitcoin clients allow for greater flexibility around multiple devices and locations, and may come bundled with additional features such as customer support, digital currency exchange or even a debit card.
It’s CoinJar’s third birthday, and we’re giving back with CoinJar Rewards – our loyalty program designed to reward CoinJar members for using our services. From making a bitcoin conversion, to spending money with CoinJar Swipe,
It’s been exactly one year since every Australian business started accepting Bitcoin with CoinJar Swipe, our Bitcoin-enabled debit card. One year out, CoinJar Swipe continues to be an innovative product,