If you make a profit on the sale or trade of a cryptocurrency, then some, or all, of the gain may be taxed.

According to the Australian Tax Office, Bitcoin is considered an asset for capital gains tax (CGT) purposes. That means a CGT event occurs every…

Yes. SMSF investors have made a remarkable contribution to the groundswell in popularity of cryptocurrency in Australia, with the number of Aussies holding crypto almost tripling since January, 2018.

Independent Reserve has seen the astonishing growth in this sector first hand and provides services to more than 8,000 SMSF customers.

Do-it-yourself superannuation…

Bitcoin’s decentralised, permissionless, borderless nature means that anyone can start accepting payments from anyone anywhere in the world without incorporating in regulated jurisdictions and setting up bank accounts or merchant facilities. As the Bitcoin price rises and gets mainstream coverage, it has given rise to many scams targeting retail investors.…

Bitcoin and blockchain technologies have received a lot of press coverage in recent times, and it is important to understand the relationship and differences between the two.

In this article we aim to explain and demystify some of the key concepts underpinning these technologies.

Bitcoin is a Digital Currency and a peer-to-peer…

Premium Account holders benefit from insurance backed by the largest underwriter in the world, the highest levels of support, reduced trading fees, and the very best of Independent Reserve.

Premium Account Features.

Insurance.

Independent Reserve maintains an…

KPMG Australia and Independent Reserve, the Australian cryptocurrency exchange has launched a new tool to help the traders of cryptocurrencies better understand their tax liabilities.

The crypto tax estimator developed by KPMG is a digital tool that plugs directly into Independent Reserve’s user interface, allowing traders to estimate tax obligations on…

Invest in cryptocurrencies like Bitcoin, Ethereum, Ripple XRP, and others; securely with a best-in-class offering catered to Self Managed Super Fund (SMSF) accounts. Managed by Independent Reserve, a trusted Australian orderbook exchange established in 2013.

Designated SMSF account types.

Strong Corporate…

Ethereum is a complex concept. You may read one-liners such as “Ethereum is a blockchain based software platform that allows developers to code and run decentralised applications”. This is a mostly unhelpful statement for those wanting to learn about it, so let’s delve a bit deeper into what…

Bitcoin and blockchain technologies have received a lot of press coverage in recent times, and it is important to understand the relationship and differences between the two.

In this article we aim to explain and demystify some of the key concepts underpinning these technologies.

Bitcoin is a Digital Currency and a peer-to-peer…

What is OTC trading?.

OTC stands for over-the-counter and is often referred to as off-exchange trading. OTC trading is not specific to crypto. It is an essential feature of most tradable markets. Usually, an agent or broker is used to bring buyers and sellers together. This differs from on-exchange trading, where…

Investing in Bitcoin is similar to investing in any financial product. There is risk involved and you need to ensure you have done your research so you enter into the investment with your eyes wide open. .

In general, there are three types of cryptocurrencies:.

Store of value.

Transactional.

Utility.

Bitcoin is generally considered…

Four Easy Steps.

In four easy steps, you can be securely trading Bitcoin.

Create an Account.

It doesn’t cost anything, and it only takes a moment.

Verify your Identity.

We are legally required to verify your identity before you can trade. We will ask for some personal information, and then send you a security code…

Price basics.

The Bitcoin price is based off the cost of one whole Bitcoin, similar to the way that shares in a company are priced in a share market. Unlike traditional share markets, however, you may buy and sell fractional amounts of Bitcoin. For example, if the Bitcoin market price is…

What is Bitcoin.

Bitcoin is the oldest and most well known cryptocurrency, dating back to 2009. Based on the blockchain – a technology conceived in the 1990s – it was originally created by the person (or persons) known as Satoshi Nakamoto. Although it has been around since 2009, it only started…