As the digital currency craze catches on around the world, traders are seeking robustly secure, accessible, and reliable exchanges through which they can trade their cryptocurrencies with flexibility in payment methods globally. As the number of exchanges continue to grow, they each seek to satisfy the traders’ need by allowing them to work with various digital currencies including Bitcoin, Ethereum, Litecoin and the like.
CoinJar Exchange Background
Coinjar Exchange is one of the biggest names within Australian Bitcoin community built to execute trades with speed and agility. It prides itself in being the fastest crypto exchange than any other digital currency exchange in Australia.
Security is a big issue for industry players within the Bitcoin Community. Coinjar Exchange is no exception. The platform does not take security for granted and offers robust security to its participants. The platform encourages two-factor authentication for users and provides the option of SMS verification which is an amazing security feature for such a large industry player. The platform also allows users to receive verification codes straight to their mobile phones each time anyone logs into their accounts. These security features ensure that the users have full control and access to their accounts.
Coinjar is free to join and its customers are able to access Coinjar Exchange. Its casual plan automatically activates once a customer joins the exchange.
However, the platform’s refund policy states that no refund can be made on finished trades or Coinjar Subcsriptions.
CoinJar Exchange High Frequency Cryptocurrency Trading Features
The platform offers a number of features to traders.
Multiple Markets
Coinjar Exchange Supports trading for Bitcoin, Ripple, Ethereum, and Litecoin. The platform allows the trading of all digital currencies against Bitcoin and Australian Dollars. Examples include BTC/AUD, ETH/AUD, LTC/AUD, XRP/AUD, ETH/BTC/, XRP/BTC and LTC/BTC. The Multiple markets provide traders with price charts and market depth, multiple day auction windows and time-enforced order types. These are all available on the clean and customizable interface of the Coinjar Exchange platform.
Data Insights
Traders on the Coinjar exchange have access to powerful tools such as live orderbook, market depth and price charts to help them make decisions based on knowledge and expertise.
Flexible Interface
The Coinjar Exchange’s interface is clean and customizable allowing participants to customize the layout using column ordering, split windows, and grouped tabs. This makes it user-friendly for traders.
Auction Windows
The platform provides participants with three daily auction windows to allow them access to better opportunities and get fairer prices.
Order Types
Traders have access to different order types that are time enforced. Participants are able to utilize the ‘Good till Cancel’, ‘Immediate or Cancel’ or ‘Maker or Cancel’ trades.
Real-Time API Access
The Platform has fully extensible access to the Coinjar Exchange API, with comprehensive documentation availed for users or participants.
CoinJar Exchange Conclusion
Like any cryptocurrency exchange, it’s important to first have a deep understanding of how the platform works, its strengths, its weaknesses and the policies it runs on before you start actively trading on the platform.
