Crypto Exchange comparison
CoinJar vs Independent Reserve
Both CoinJar and Independent Reserve are Australian crypto exchanges founded in 2013, but they serve different crowds. CoinJar leans into a polished, app-first experience with more deposit options and a broader auto-invest feature. Independent Reserve counters with serious trading tools — stop-loss and conditional orders — plus phone support and a built-in CGT calculator.
Choose
CoinJar
if…
- ›You want the widest range of deposit methods including Apple Pay, Google Pay, and PayPal alongside PayID and bank transfer
- ›You value a more sophisticated auto-invest / DCA feature that lets you set up multiple recurring buy strategies
- ›You prefer an app-first experience with extended support hours covering both AU and UK trading days
- ›You want zero fees on conditional orders and withdrawals across the board
Choose
Independent Reserve
if…
- ›You need stop-loss and conditional orders for active trading — CoinJar doesn't offer either
- ›You want a built-in CGT calculator to simplify tax reporting at tax time
- ›You prefer having phone support during business hours in addition to email and a support portal
- ›You want joint account support — CoinJar only offers individual, company, trust and SMSF accounts
Where they differ
| Fact | CoinJar | Independent Reserve |
|---|---|---|
| Stop-loss & conditional orders | Not supported | Both supported |
| Auto-invest sophistication | Multiple level (multiple strategies) | Single asset level |
| CGT calculator | Not available | Built-in |
| Joint accounts | Not supported | Supported |
| Phone support | Not available | Available (business hours) |
Verdict
Choose CoinJar for polished convenience and flexible DCA; choose Independent Reserve for active trading tools and tax help.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | CoinJar | Independent Reserve |
|---|---|---|
| account structure | ||
| Individual account | Yes | Yes |
| Joint account | No | Yes |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | No | No |
| asset coverage | ||
| ASX shares supported | No | — |
| ASX ETFs supported | No | — |
| US shares supported | No | — |
| US ETFs supported | No | — |
| Other markets supported | — | |
| Fractional shares (ASX) | No | — |
| Fractional shares (US) | No | — |
| Options trading | No | — |
| CFDs supported | No | — |
| Crypto trading | Yes | Yes |
| Managed funds | No | — |
| Bonds supported | No | — |
| IPO access | No | No |
| costs hidden | ||
| Market data fees | — | $0/month |
| Conditional order fees | $0 | $0 |
| costs visible | ||
| ASX brokerage percentage | 1% | — |
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $0 | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| identity and trust | ||
| Legal entity name | CoinJar Australia Pty Ltd | Independent Reserve Pty Ltd |
| AUSTRAC registration | Yes | Yes |
| Year founded | 2,013 | 2,013 |
| Parent / ownership | Privately held; backed by Blackbird Ventures, Digital Currency Group (DCG), Boost VC, Possible Ventures (founders Asher Tan and Ryan Zhou retain operational control) | Privately owned; founder-led (Adrian Przelozny, CEO) |
| Country of incorporation | Australia | AU |
| Public company status | private | private |
| money movement | ||
| Minimum initial deposit | — | $0 |
| Minimum subsequent purchase | — | $0 |
| Deposit methods | PayID, Osko / NPP bank transfer, Standard bank transfer (direct credit), Debit / Credit Card (Visa, Mastercard), Apple Pay, Google Pay, PayPal | PayID, Osko, EFT bank transfer, SWIFT (USD/NZD/SGD), Debit card, Credit card, PayPal, PayNow (SGD) |
| Withdrawal time | PayID withdrawals to participating banks typically arrive within minutes; standard bank transfers (non-PayID) take 1-3 business days. Withdrawals submitted before the daily cut-off process same day, otherwise next business day. | Same day for PayID instant withdrawals; 1-2 business days for EFT |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | No |
| Demo account | No | No |
| Free real-time market data | Yes | Yes |
| Free research reports | No | No |
| 2FA support | authenticator_app | authenticator |
| Customer support channels | email, help desk ticket / support portal | email, support portal, phone (business hours) |
| Support hours (AU time) | Mon-Fri, 9am-3am AET (extended hours covering AU and UK trading days) | 24/7 portal support; phone in Sydney business hours (AET) |
| Education content | structured_articles | basic articles |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| Distribution component breakdown | No | — |
| CGT calculator / report | No | Yes |
| Sharesight / Navexa integration | Yes | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | No | Yes |
| Conditional orders | No | Yes |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | multiple | single asset |
| After-hours / overnight trading | Yes | Yes |