We’ve made it cheaper to send your ERC-20 tokens
We’re changing how we process ERC-20 transactions to reduce outgoing transfer fees by up to 50%. These changes apply to USD Coin, Chainlink, Uniswap, Basic Attention Token and Dai.
What’s an outgoing transfer fee?
In order to transfer tokens from your CoinJar to an external address, you typically need to pay a fee to the network so that your transaction gets added to the blockchain.
How CoinJar handles transfer fees
Every time you send your tokens to an external address CoinJar dynamically calculates the transfer fee, taking into account the amount being sent and the current level of congestion on the blockchain. Our goal is to ensure your transfer gets confirmed on the blockchain as quickly as possible, while also keeping fees as low as possible.
This fee will be taken from the same account you’re sending funds from and will be included in your quote when you make the transfer – or you can use your CoinJar Reward Points to cover the fee.
You can review any transfer fees you've paid in the past by opening your account and tapping on a transaction to view the receipt. LTC, XRP, XLM, ALGO and EOS transfers do not incur fees at this time.
If you require any assistance or have any questions, please reach out to CoinJar Support.
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. Take 2 minutes to learn more: www.coinjar.com/uk/risk-summary.
Cryptoassets traded on CoinJar UK Limited are largely unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits.
CoinJar’s digital currency exchange services are operated in Australia by CoinJar Australia Pty Ltd ACN 648 570 807, a registered digital currency exchange provider with AUSTRAC; and in the United Kingdom by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).