SMSF
Accounting

SMSF Administration Services

Bitcoin, Ethereum And Ripple

Crypto Currency and Bitcoin has become very popular as an alternate Asset Class for some SMSF Investors, over the last 15 years due to the following benefits.

The number one ( 1) crypto coin held by My SMSF Members has been Bitcoin, where we have attended to SMSF Accounting for funds tax and audits for over six ( 8) years now with many great success stories.

SMSF Crypto Coins

Some of the coins our clients invest in their SMSF

Bitcoin Historical Performance

“Bitcoin is a form of ‘Digital’ money. It is, cheap, fast to buy or transfer, private, secure and it is borderless, making it a worldwide currency.”

“Bitcoin is the most important invention in the history of the world since the Internet.”

TIM DRAPER

“I think the fact that within the bitcoin universe an algorithm replaces the function of the government …[that] is actually pretty cool.”

AL GORE, 45th Vice President of the United States

“We will never hear about people’s Bitcoin accounts being frozen or seized by a bank”

ROGER VER

Buying Bitcoin In A Self Managed Super Fund (SMSF)

SMSF Crypto Investing, Things To Check Before Investing
Easy Crypto
Cointree-logo
Independent Reserve

What Are The Best SMSF Bitcoin Exchanges

These four exchanges recognise an SMSF account and are popular with crypto users
*fees listed are only brokerage fees
coinspot
Easy Crypto
Cointree-logo
Independent Reserve

What Are The Best SMSF Bitcoin Exchanges

These exchanges recognise an SMSF account and are popular with crypto users

*fees listed are only brokerage fees
# Easycrypto Cointree Kraken Independent Reserve
Coins
Offer 210 coins
Offer 200 coins
Offer 260 coins
Offer 27 coins
Fees
0.50% – 0.90%
0.70%
0.60%
0.50%
Verification
5 Hrs
1-2 Days
1 Day
1-3 Days
Demo
Yes
Yes
Yes
Yes
Live Chat
Yes
Yes
Yes
Yes
Mobile App
Yes
No
Yes
No

Suitable SMSF Crypto Wallets

There Are Two Types Of Smsf Crypto Or Bitcoin Smsf Wallets

For SMSF crypto, some exchange wallets and hardware wallet will be compliant with super laws as these wallets can be proven to be owned and controlled by the fund.All assets must be held in the SMSF’s name, whereas, software wallets don’t recognise companies and trusts as owners.
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Are you a SMSF Crypto Investor, Trader or other

SMSF Documents for Tax

SMSF crypto Investment Opportunities with My SMSF – Including Bitcoin and Crypto Investing

How Are Bitcoins And Crypto Currency Taxed?

If you sell your bitcoins or Altcoins and convert to Australian dollars, you may be subject to capital gains tax,

If an SMSF member is in pension phase and they sell their crypto assets, they would not attract capital gains tax, based on the tax exemptions available for pension members under the current super laws.

SMSF crypto Investment Opportunities with My SMSF – Including Bitcoin and Crypto Investing

Why Use My SMSF For Your Crypto Or Bitcoin SMSF Accounting ?

If you sell your bitcoins or Altcoins and convert to Australian dollars, you may be subject to capital gains tax,
t capital gains tax, based on the tax exemptions available for pension members under the current super laws.

If an SMSF member is in pension phase and they sell their crypto assets, they would not attract capital gains tax, based on the tax exemptions available for pension members under the current super laws.

Warning: Seek Financial, Legal and Tax advice before investing in crypto currencies

bitcoin

Our Fees

SMSF Setup $990

With a company trustee SMSF Annual

SMSF Accounting $1,100

(Accounting +Auditing ) SMSF and Bitcoin Education

Kraken

Kraken is one of the largest crypto exchanges worldwide, with proof of reserves and other high security, custody and trading features, that allows users to buy Bitcoin, Ethereum and 229+ other crypto assets. Backed by global liquidity providers, with great trading and investing tools for SMSF Clients
Cointree-logo

Cointree

Cointree has a large range of crypto currencies; referred to as Altcoins; in the Australian market. With leading edge technology a great understanding of crypto SMSF with a background in accounting. They are leaders in this space.
Easy Crypto

Easy Crypto

We’re a leading Registered Cryptocurrency Exchange across Australia and New Zealand. Using our SMSF experience, we can offer you the two pillars you require when executing high-value cryptocurrency trades: safety and simplicity. Contact us today to get started.
SMSF crypto Investment Opportunities with My SMSF – Including Bitcoin and Crypto Investing

Ainslie Wealth

Ainslie Wealth provide face to face purchase and storage solutions for the ‘big 5’ crypto’s together with 5 more of the most popular. Face to face (or OTC) solutions provide comfort for a lot of older SMSF members who prefer this type of service when buying crypto or precious metals.

Crypto Currency

Market Capitalizations

Crypto Portfolio

My Holidays

Symbol Name Price Quantity Cost Basis Current Price Market Value Total Returns ($) Gain % Portfolio %

Bitcoin
$14631.22
11.6827
$477575.0842995
$24887
$290747.35490000003
$-186974.04939949996
-39.14 %
196.17 %

Litecoin
$171.32
262
$46795.680000001
$85.83
$22487.46
$-24618.12000000001
-52.26 %
15.17 %

Ethereum
$2720.96
5
$13609.5000000002
$1865.66
$92328.3000000000001
$-4308.41
-31.59 %
6.29 %

Cardano
$1.59
1
$1.59
$0.499228
$0.499228
$-1.100772
-68.80 %
0.00 %

RM Super Fund

As At: 18-Jan-2023
Security Code Description Quantity Price Per Unit Cost Basis Total Valuation

Bitcoin
11.6827
$90,822.90
$353,332.26
$353,685.56

Litecoin
262.0
$499.09
$32,369.00
$32,690.50

Ethereum
5.0
$11,152.83
$11,044.37
$11,152.83

Cardano
1.0
$0.50
$0.49
$0.50
Total
$397,529.39
Brokerage Cost $783.27
Number of Trades 13

SMSF crypto Investment Opportunities with My SMSF – Including Bitcoin and Crypto Investing

My SMSF supports the following Crypto Tax Software

Keep in touch

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