Review on Coinjar Wallet by Olugbenga Ajayi
Coinjar is simple and safe
A nice wallet that supports AUD to BTC exchange. Like other wallets, you can use it to send and receive crypto assets. Beside BTC, it supports XRP, LTC and ethereum. Also it supports Australian dollar. It is not really available widely. For instance I search for the app in my region here in Nigeria but it is simply not available.
Sending and receiving other three cryptocurrencies is free but if you need to send or receive Bitcoin, fee is charged based on the amount involved and the blockchain congestion at the period of the transaction.
It is a wallet with simple interface as can be found on there website and it is secure. It uses two factor authentication, passcode and requires more than basic information at registration. Most users assets are saved in cold storage so there is no need for fear about hackers activities. It is save back to back.
I also learn that in other to further ease transaction with the wallet, it uses QR code which can easily be scanned when sending and receiving funds.
Pros
- It is a simple wallet that can be used by both professional and begginers
- It is available on PC and mobile
- Uses QR code for sending and receiving funds
- It accepts prepaid card for deposit
Cons
- Does not have in built shape shift
- It takes time to refresh it particularly when you observe a wrong amount in the wallet or you are expecting a fund
