Bitcoin & Crypto in Your SMSF — Done Properly
Full accounting, tax returns and independent audit for SMSF crypto — any exchange, any hardware wallet, no platform lock-in. Fixed fee from $1,190/yr inc GST.
crypto experience
administration
ever
Our SMSF Crypto Service
Everything Your Crypto SMSF
Needs to Stay Compliant
One fixed annual fee covers the full compliance cycle — no surprise extras for exchange reconciliation, cold wallet reporting, or audit support.
Bitcoin, Ethereum & Altcoin Accounting
Accurate annual accounts for all coins held in the SMSF. We reconcile every deposit, withdrawal, trade and fee across your exchange history.
Core ServiceCold & Hardware Wallet Reporting
Full valuation and transaction reporting for Ledger, Trezor and other hardware wallets — included in the standard fee. No $220/yr surcharge.
IncludedExchange CSV Reconciliation
We work with CoinSpot, Kraken, Ainslie Wealth, Cointree, Binance, Bitaroo and more. No approved list — any compliant exchange accepted.
Any ExchangeCapital Gains Tax Calculation
Accurate CGT reporting for each crypto disposal event — trades, sales and conversions — integrated with SMSF tax software for compliant reporting.
Tax IncludedAnnual Audit Support
Audit-ready workpapers prepared by our team. We coordinate the full audit through our independent auditor panel as part of your annual package.
IndependentStaking, DeFi & NFT Holdings
We handle staking rewards, DeFi activity and NFT positions through CoinSpot, Kraken, Ainslie Wealth. Most competitors refuse this entirely.
Competitors Say NoFixed Annual Pricing
Transparent Fees — No Surprises
Annual accounting, tax return, audit coordination and ongoing support. The price below is the price you pay — no add-ons for your exchange choice, wallet type or bank.
Exchange-Based Crypto SMSF
- Annual financial statements & SMSF tax return
- Exchange CSV reconciliation (any exchange)
- Capital gains tax calculation
- Independent audit coordination
- Staking, DeFi and NFT support
- No exit fee, no platform lock-in
- WhatsApp, email & dashboard support
Cold / Hardware Wallet SMSF
- Everything in Exchange-Based, plus:
- Hardware wallet transaction reporting
- Ledger & Trezor valuation statements
- Cold wallet ATO compliance documentation
- Free Ledger Nano S with new setup
- No $220/yr annual wallet surcharge
- No approved-exchange list required
Special offer: New setups qualify for $770 setup fee (inc GST) — saving $220 on standard setup + a free Ledger Nano S (RRP $179). First-year accounting & audit at $990, reverting to $1,190/yr from year 2. 2-year minimum. Apply now to lock in the offer →:
Supported Platforms
Any Exchange. Any Wallet. No Restrictions.
Some providers limit you to an approved list and charge $385/yr if you go outside it. We work with every compliant exchange your SMSF uses — no surcharges, no penalties.
ATO Compliance
What the ATO Requires for SMSF Crypto
Crypto in an SMSF is entirely legal — but there are specific requirements trustees must meet. We ensure your fund ticks every box at year end.
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1Assets held in the SMSF's name All crypto must be held in the name of the fund — not personally. Exchange accounts and wallets must be registered to the SMSF trust.
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2SMSF trust deed permits crypto Your deed must authorise investment in digital assets. We check this during onboarding and can assist with a deed update if required.
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3Investment strategy identifies crypto Your SMSF investment strategy must reference cryptocurrency as an asset class and set appropriate allocation bounds.
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4Crypto kept separate from personal holdings SMSF crypto cannot be mixed with personal crypto. Exchange accounts and wallets must be entirely separate.
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5Complete transaction records All trades, deposits, withdrawals and staking rewards must be documented. We handle this as part of the annual reconciliation.
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6Annual valuation at market price Crypto holdings must be valued at market price at 30 June each year. We prepare compliant year-end valuations for every position.
Choosing the Right SMSF Crypto Wallet
Hardware wallets like the Ledger Nano S and Trezor can be held in the SMSF's name, giving trustees full control and clear proof of ownership — both required by the ATO. Best for long-term holdings.
Exchange accounts registered to the SMSF (not personally) are generally compliant and easiest for active trading. We work with CoinSpot, Kraken, Ainslie Wealth and all major exchanges.
Most software wallets (e.g. Exodus, Copay) do not support trust or company registration, making them non-compliant for SMSF use. Avoid these for SMSF-held crypto.
We include a free Ledger Nano S (RRP $179) with every new SMSF setup — the right hardware wallet, ready to go from day one.
Crypto Tax in Your SMSF
Different Activities — Different Tax Treatment
How your crypto is taxed depends on what you do with it inside the SMSF. We work through the classification with you each year.
Investing (HODLing)
Crypto held long-term and sold after 12 months qualifies for the SMSF's CGT discount — effectively 10% on gains rather than 15%. Members in pension phase may pay 0% CGT on disposals.
Active Trading
Frequent trades between coins are each a CGT event, taxed at 15% for accumulation-phase SMSFs. We calculate each event and integrate with your annual return.
Mining & Staking Rewards
Staking rewards and mining income are assessable as ordinary income at the time received. The ATO treats these differently from trading gains — we account for each correctly.
Simple Annual Process
How SMSF Crypto Accounting Works
Four steps from transaction data to a lodged return. You provide the access — we handle everything else.
Exchange & Wallet Access
You provide read-only access to exchange CSVs and wallet records. No funds or private keys needed — just the transaction history.
Reconciliation & CGT
We reconcile every trade, fee and staking reward. CGT events are calculated using SMSF-specific tax software for accuracy.
Financial Statements & Return
Annual financial statements and the SMSF annual return are prepared, incorporating your crypto holdings and any other fund assets.
Independent Audit
We coordinate the annual audit through our independent auditor panel. Once complete, the return is ready for lodgment.
Crypto SMSF Provider Comparison
Most Providers Won't Touch
Your Crypto SMSF
Real Bitcoin, Ethereum and altcoins — not just ETFs. Here's who actually supports it and what it costs.
MySMSF
$1,190
exchange-based / yr inc GST
$1,550
cold / hardware wallet / yr
✓ All exchanges supported
✓ Cold wallets welcome
✓ Free Ledger Nano S included
Online Specialist A
❌
crypto not supported
Cryptocurrency entirely excluded. ETFs only.
Online Specialist B
$1,485+
exchange-based / yr
$1,705+
cold wallet / yr
⚠ Approved exchanges only
⚠ +$220/yr wallet fee
⚠ +$385 non-preferred exchange
⚠ $250 exit fee
Broking Platform C
ETFs
only — no direct crypto
Direct Bitcoin/ETH not supported. Must use their platform.
We give you a free Ledger Nano S — they charge you $220/year to use one
One major provider charges $220/year for every SMSF that holds crypto in a hardware wallet. MySMSF includes a free Ledger Nano S (worth $179) with every new setup — no annual wallet fee. That's a saving of $399 in your first year alone.
| Feature | MySMSF | Specialist A | Specialist B | Platform C |
|---|---|---|---|---|
| Direct crypto (BTC, ETH, altcoins) | ✓ Yes | ❌ No | ✓ Yes | ❌ ETFs only |
| Cold / hardware wallet support | ✓ Included | ❌ Not supported | ⚠ +$220/yr fee | ❌ Not supported |
| Exchange restrictions | ✓ None | N/A | ❌ Approved list only | ❌ Their platform only |
| Non-preferred exchange fee | ✓ No extra charge | N/A | ❌ +$385/yr | ❌ Additional fees |
| Annual fee — exchange crypto | $1,190 | Not available | $1,485+ | Not available |
| Annual fee — cold wallet | $1,550 | Not available | $1,705+ | Not available |
| Staking, DeFi, NFT holdings | ✓ Supported CoinSpot, Kraken, Ainslie Wealth + cold wallet |
❌ | ❌ Not supported | ❌ |
| Free Ledger Nano S with setup | ✓ Included | ❌ | ❌ Charges instead | ❌ |
| Exit fee | ✓ None | ✓ None | ❌ $250 | ⚠ Check T&Cs |
| Tax + audit included | ✓ Yes | N/A | ✓ Yes | ⚠ Extra fees |
Common Questions
SMSF Crypto FAQ
Questions trustees ask before setting up or transferring a crypto SMSF.
Can I hold real Bitcoin in my SMSF?
Yes — provided the SMSF deed allows it, assets are held in the fund's name, and the investment strategy references crypto. MySMSF handles the annual accounting and audit for Bitcoin and all major coins, not just crypto ETFs.
Is crypto in an SMSF legal under ATO rules?
Yes. The ATO has confirmed that SMSF trustees can invest in cryptocurrency provided it meets the sole purpose test, is held at arm's length, and is recorded and valued correctly. We ensure compliance at every step.
Can I use a hardware wallet (Ledger) in my SMSF?
Yes — hardware wallets like the Ledger Nano S and Trezor can be used for SMSF crypto because they can be registered to the fund. MySMSF includes a free Ledger Nano S with every new setup and handles all cold wallet reporting as part of the $1,550/yr package.
Which exchanges are accepted?
Any compliant Australian or international exchange — CoinSpot, Kraken, Ainslie Wealth, Cointree, Binance, Bitaroo and others. Unlike some competitors, we have no approved list and charge no surcharge for non-preferred platforms.
What happens if I stake or earn DeFi rewards?
Staking rewards and DeFi income are assessable as ordinary income at the time received. We track and include all staking, DeFi and NFT activity via CoinSpot, Kraken, Ainslie Wealth, and through cold wallets.
Can I switch from another provider?
Yes. We handle SMSF transfers from other providers — including getting prior-year records in order. There is no exit fee with MySMSF, and the transfer process is managed online. Contact us and we'll outline the steps for your fund's situation.
Ready to set up or transfer your Crypto SMSF?
Fixed annual fee from $1,190. Any exchange, any hardware wallet, no platform lock-in. New setups get the $770 offer — saving $220 on standard setup plus a free Ledger Nano S worth $179.
* $770 setup + $990 yr-1 accounting & audit + free Ledger Nano S. 2-yr minimum. Limited supply. $15 shipping.
Competitor pricing sourced from publicly available fee schedules. Last updated May 2026. "Specialist A" = major online SMSF provider (crypto excluded). "Specialist B" = online SMSF specialist with package-based pricing. "Platform C" = ASX/US broking platform with SMSF service. MySMSF pricing: exchange-based crypto $1,190 p.a. inc GST | cold wallet crypto $1,550 p.a. inc GST. * Special offer: $770 setup (inc GST) + $990 yr-1 accounting & audit + free Ledger Nano S (RRP $179). 2-yr minimum. Reverts to $1,190/$1,550 p.a. Standard setup $990.