Buying Bitcoin with a Self Managed Super Fund
Dedicated SMSF account
Multiple ways to buy Bitcoin – Express, Trade and OTC
Compliant annual statements
Support You Can Trust
It’s always important to do your research before setting up a self-managed super fund, or before buying bitcoin:
Self-managed super funds need to be:
Benefits of Buying Bitcoin with a SMSF
Here are three of the main benefits of purchasing bitcoin with your SMSF:
1. Healthy tax breaks:
In Australia, SMSF regulations declare that income is taxed at 15% while long-term gains at just 10%. Any income earned from assets held within a retirement
2. Hedge against other markets:
Buying Bitcoin is one way you may be able to hedge against the more traditional investing markets, providing a long-term store of value.
3. Grow your nest egg:
With your SMSF able to purchase bitcoin, you can grow your super balance for a more comfortable retirement.
- be allowed under the fund’s trust deed;
- be in accordance with the fund’s investment strategy; and
- comply with the same regulatory requirements as apply to other investments – as set out in the Superannuation Industry (Supervision) Act (SISA) and Superannuation Industry (Supervision Regulations (SISR).