CoinJar simplifies investing in Bitcoin and other cryptocurrencies through your self-managed super fund (SMSF). Join thousands of Australian SMSFs leveraging Australia's longest-running exchange to tap into the world’s fastest-growing asset class.
Why Invest in Crypto via an SMSF?
Benefits of Using CoinJar for Your SMSF
- Local Customer Support: Dedicated SMSF support team available Mon-Fri (9 AM–2 AM AEST) and Sat-Sun (9 AM–5:30 PM AEST).
- Security & Reliability: AUSTRAC-registered with industry-leading account protections.
- Low Fees: 0%–0.1% trading fees on CoinJar Exchange; 1% on mobile/web apps.
- Tax Reporting: Single-click EOFY documents (PDF/CSV) and integration with crypto tax software.
- Australian-Owned: Fully local exchange, not a brokerage for offshore platforms.
- OTC Services: Personalized over-the-counter trading for high-volume investors.
👉 Start your Crypto SMSF journey today
Automating SMSF Tax Reporting
Streamline tax compliance by syncing CoinJar transactions with:
- Crypto Tax Calculator
- Syla
Both integrate seamlessly with BGL’s Simple Fund 360 for automated SMSF administration.
How to Add Crypto to Your SMSF
- Create an Account: Select "SMSF" as your CoinJar account type.
- Submit Documents: Provide Registered Trust details during verification.
- Start Investing: Once approved, buy crypto directly through your SMSF account.
Risks & Responsibilities
- High Volatility: Crypto markets can sharply fluctuate, potentially leading to losses.
- Regulatory Compliance: Trustees must ensure adherence to the Superannuation Industry (Supervision) Act and fund-specific trust deeds.
- No AFCA Access: Cryptocurrency investments aren’t covered by the Australian Financial Complaints Authority.
Always consult a financial advisor before investing SMSF funds in crypto.
Award-Winning Exchange
CoinJar won Digital Currency Exchange of the Year at Blockchain Australia’s 2023 Blockies Awards.
👉 Explore institutional-grade trading on CoinJar Exchange
Security Features
- Fraud Protection: Multi-layer encryption, ML-driven suspicious activity detection.
- Asset Custody: Funds secured via BitGo and Fireblocks, with 100% reserves.
- Proven Track Record: Operational since 2013 with zero downtime.
FAQs
1. Are crypto SMSFs risky?
Yes, due to volatility. Seek professional financial advice before investing.
2. Can I transfer existing crypto into my SMSF?
Yes, but consult a tax advisor for potential implications.
3. How do I set up a CoinJar Crypto SMSF?
Establish an SMSF first, then create a dedicated CoinJar SMSF account. Legal/financial guidance is recommended.
4. What’s the sole-purpose test?
SMSFs must exclusively provide retirement benefits under the SIS Act.
5. How does the ATO treat crypto?
As CGT assets—maintain detailed transaction records for tax reporting.
6. What cryptocurrencies can I buy?
Bitcoin, Ethereum, XRP, USDT, and others listed on CoinJar.
Getting Started
Costs:
- Setup: AUD 1,500–2,500+
- Annual fees: AUD 1,200–2,500+
Documents Required:
- SMSF trust deed
- Trustee verification
Processing Time: 1 business day to 1 week post-document submission.
Note: Personal CoinJar accounts cannot be used for SMSF investments.
CoinJar Australia Pty Ltd (ACN 648 570 807) is an AUSTRAC-registered digital currency exchange.
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