CoinJar Review
One of the longest-running FCA-registered exchanges in the UK. Beginner-friendly app with GBP Faster Payments, a crypto debit card, and 60+ cryptocurrencies.
Quick Verdict: CoinJar for UK Users
CoinJar is a solid, beginner-friendly choice for UK users — FCA-registered, long-established, and with a reputation for simplicity and value. The CoinJar app makes buying and selling crypto straightforward, while GBP Faster Payments deposits and the CoinJar debit card make it easy to fund and spend. The main limitations are a smaller coin selection (60+) and the absence of staking or yield products. Best for UK beginners and casual traders who want a reliable, regulated platform without complexity.
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Pros
- FCA Registration: CoinJar UK Limited is listed on the FCA cryptoasset register, confirming it meets UK AML/KYC regulatory standards for crypto businesses.
- GBP Faster Payments: Supports instant GBP deposits via Faster Payments and GBP withdrawals, with no deposit fee — one of the most frictionless GBP on-ramps available to UK users.
- CoinJar Card: A Visa debit card that allows users to spend crypto directly for everyday purchases, with automatic conversion at point of sale.
- CoinJar Exchange: A professional trading interface with advanced charting, 200+ trading pairs, and a competitive maker/taker fee structure for experienced traders.
- Long-Established UK Presence: Operating in the UK since 2014 — one of the longest-running crypto exchanges available to UK users.
- Beginner-Friendly App: Simple, clean interface designed to make buying and selling crypto accessible to first-time investors.
- Crypto Bundles: Allows users to buy a basket of cryptocurrencies in one transaction — a useful feature for diversification without manual selection.
Cons
- Limited Coin Selection: CoinJar supports 60+ cryptocurrencies — sufficient for major assets but fewer than most rivals, limiting options for altcoin traders.
- No Staking or Yield Products: CoinJar does not currently offer staking or earn/yield features, which may disappoint users looking to generate passive income from holdings.
- Smaller Global Footprint: Less well-known globally than Coinbase or Kraken, which may give some users pause despite its strong UK regulatory standing.
- UK Retail Derivatives Restriction: Derivatives and margin products are not available to UK retail users in line with FCA rules.
Who Should Use CoinJar in the UK?
Best For
- •UK beginners who want a simple, FCA-registered platform with fast GBP Faster Payments deposits and an easy-to-use app
- •Casual traders who want a crypto debit card for everyday spending
- •Cost-conscious traders who will use the CoinJar Exchange for its competitive 0.20% maker/taker fees
- •Users who want a long-established, reliable UK exchange with a proven track record since 2014
Not Best For
- •Altcoin hunters — CoinJar's 60+ coin selection is among the smallest of the FCA-registered exchanges
- •Users looking to earn passive income through staking or yield products (not currently offered)
- •Advanced traders who need deep liquidity, large order sizes, or derivatives access
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CoinJar Fees - What UK Users Should Know
CoinJar App (instant buy): 1% fee on buy/sell transactions. CoinJar Exchange (order book): Maker/taker fees starting at 0.20%/0.20%, scaling with 30-day volume — among the more competitive fee structures available to UK users. GBP Deposits: Free via Faster Payments. GBP Withdrawals: Fee applies (check CoinJar UK fee page for current rates). Users who want the best value should use CoinJar Exchange rather than the instant buy feature in the app.
Is CoinJar Safe?
CoinJar maintains standard industry security practices including two-factor authentication, cold storage for the majority of user assets, and SSL encryption. CoinJar UK Limited is FCA-registered as a cryptoasset business under the Money Laundering Regulations, confirming it meets UK AML and KYC standards. The platform has operated without a major security incident since its UK launch in 2014. Crypto assets held on CoinJar are not FSCS protected, and as with all crypto exchanges, users should consider moving large long-term holdings to self-custody wallets.
FCA Regulation
CoinJar UK Ltd
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08905988
Cryptoasset register
CoinJar is registered with the Financial Conduct Authority in the UK. This means it has met the FCA's requirements for anti-money-laundering compliance and is legally permitted to offer cryptoasset services to UK consumers. Note that FCA registration does not mean your crypto is protected by the FSCS.
Our Aggregated Score Breakdown
We combine ratings from multiple trusted sources to give you the most accurate picture
About CoinJar
CoinJar is one of the oldest and most established crypto exchanges operating in the UK, having launched UK operations in 2014. It holds FCA registration as a cryptoasset business and has built a reputation for simplicity, reliability, and value — winning Finder's "Best Exchange for Value in the UK" award at the 2023 Crypto Trading Platform Awards. The platform targets retail users who want a straightforward, no-frills way to buy and sell crypto in the UK. The CoinJar app supports 60+ cryptocurrencies with GBP deposits via Faster Payments, and the CoinJar Card allows users to spend crypto in everyday transactions. For more advanced users, the CoinJar Exchange offers professional-grade charting, deep order books, and 200+ trading pairs with a competitive maker/taker fee structure. User sentiment is generally positive, particularly around ease of use, fast GBP deposits, and responsive customer support. Criticisms tend to focus on the more limited coin selection compared to global platforms, and the lack of staking or yield products. CoinJar is best suited to UK beginners who want a simple, FCA-registered platform with fast GBP on-ramps and a crypto debit card. It is less suited to advanced traders seeking a large altcoin selection or yield-generating products.
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