Coinjar, Australian-founded cryptocurrency company, has announced that it has launched a crypto exchange exclusively offering fiat pairings in AUD.
Currently Coinjar exchange provides support for BTC, ETH, LTC, and XRP pairings. In addition to AUD pairings, all supported altcoins are available to trade against BTC too.
The company is offering tiered accounts to users, with free accounts being charged a 1% fee for both orders that make and take liquidity from the order books. «Trader» and «Premium» accounts are also available for $500 AUD and $5000 AUD annually respectively – offering significantly discounted trading fees in addition to enhanced support services. «Institutional» accounts are also available to traders who are able to make a volume commitment.
As for storage and security, Coinjar claims to store at least 90% of its customers’ digital currencies «offline in geographically redundant secure locations», adding that wherever practicable, the company uses multi-sig technology to protect digital assets that must be stored online.
With regards to Australia’s regulations, Coinjar is registered with the Australian Transaction Reports and Analysis Centre.