Invest in Bitcoin and crypto with your SMSF

Documents required to create an SMSF account include:

• SMSF name
• SMSF trust deed document
• SMSF ABN
• SMSF trustee information, including ACN and director/beneficial owner information if a corporate trustee
• Standard personal verification documents

Read our guide to setting up your SMSF account.

Not unless it’s an SMSF account. To be compliant with Australian SMSF laws, your SMSF assets need to be segregated from your personal assets.

Yes. However, it’s worth noting that for any investment in Bitcoin or other cryptocurrencies to be allowed, it must be specifically enabled and included in the SMSF trust deed.

Yes, there are many rules and regulations governing requirements around SMSFs. Rules governing, the investment strategy, sole purpose test, auditing and compliance. View ATO guidelines to learn more.

All SMSFs in Australia must pass the sole purpose test, which requires the SMSF funds to only be generating income that benefits the SMSF fund itself directly. No one (including trustees) can obtain a direct financial benefit when making investment decisions with fund money.

One of the benefits of cryptocurrency is the ability to easily send funds anywhere in the world. People will often withdraw their cryptocurrency from an exchange to a personal wallet. We provide this functionality, but you should be aware that it can add further complications to SMSF audit processes as the location of all your funds needs to be accounted for.

Learn about our security and how we store your crypto.

Yes. All cryptocurrency withdrawals require a verified destination address in the address book. For SMSF accounts, the wallet address must be under the SMSF's control. This applies whether sending to an address on another crypto platform or to a personal wallet (one where you, rather than an exchange or other platform, hold and control the private keys). This is required under the Travel Rule.