Before you get started
Here are some of the things you’ll need to have ready. If you don’t have all of the documents straight away, you can proceed with creating the account the verification support team will request for them later on.
- You must be a director or able to act as legal representative of this fund
- A copy of your Government ID (such as a driver’s licence or passport)
- Your proof of address:
- The proof of address must be less than 6 months old
- Phone bills and PO boxes are NOT accepted
- Accepted documents include bank statements, utility bills (Gas, water, rates) or Government-issued documents (e.g. ATO, vehicle registration, etc.)
- Pen and paper
- Your mobile phone
- SMSF details (Fund name, ABN, ACN, address, etc.)
- Trust deed (Cover page and signature page)
- Company extract document (e.g. ASIC Company Extract for Australian companies), showing details of all directors and office holders.
- Company director(s) and beneficial owner(s) details, including:
- Full name
- Date of birth
- Country of residence
- A copy of their Government-issued photo ID
How to create an SMSF to buy Bitcoin and crypto
1. Go to Create Account
2. Enter a Username, Email, and Password.
3. Review our Terms and Conditions and Privacy Policy and acknowledge you have read them.
4. Enter the Confirmation code emailed to you.
5. Enter your country of residence.
5. Select your account: SMSF.
Note: You will need the follow details ready: > Full name > Date of birth > Home address > Phone number > Photo ID & proof of address (required for withdrawals)
6. Select your First and Last name and Date of birth.
Note: Be sure to enter your name as it appears on your legal ID. For example, if your name is Samuel, do not enter “Sam”.
7. Enter your home address and click Next.
8. Enter your mobile number and click Next.
9. Verify your mobile: Enter the confirmation code messaged to your mobile, and click Next.
10. (Optional) Set up Two-factor authentication (2FA). Learn about 2FA.
11. Photo verification: Under Australian law, we need to verify you using your ID documentation and a selfie. Use the QR code provided to proceed, then click Next.
12. ID documentation: Select from the options available to scan and upload your ID:
- Driver’s license (recommended)
- Passport, or
- Another government issues ID
12. Take a selfie photograph with your phone using the QR code provided.
Note: The proof of address must be less than 6 months old. Phone bills and PO boxes are NOT accepted.
13. Provide a proof of address document, accepted documents include bank statements, utility bills (Gas, water, rates) or Government-issued documents (e.g. ATO letter, vehicle registration letter, etc.).
14. Select your Account purpose in the drop-down box and your Source of income.
15. Enter SMSF details, including Fund name, Australian Business Number (ABN) and Australia Company Number (ACN).
16. Upload the trust deed (Cover page (showing the SMSF trust name), Schedule page (showing the parties to the trust) and the Signature page).
17. Add fund trustees (Individual or Corporate).
For each individual trustee provide the following:
- First name
- Last name
- Date of birth
- Country of residence
- Photos ID
NOTE: Enter trustee(s) details exactly as they appear on official identity documents (e.g. passport, identity card, licence).
For a Corporate trustee the following:
- Company name
- Australian Business Number (ABN)
- Australian Company Number (ACN)
- Company address
18. For Corporate trustees, please upload a company extract document (e.g. ASIC Company Extract for Australian companies) showing details of all directors and office holders.
NOTE: Click here to see an example of an ASIC company extract.
19. Enter the Director and beneficial owner details:
- Full name
- Date of birth
- Country of residence
- A copy of their Government-issued photo ID
Note: A beneficial owner is an individual who ultimately owns or controls more than 25% of the company’s shares or voting rights or who otherwise exercises control over the company or its management.
20. Once all directors and beneficial owners have been added. Select the box “I have added all the directors and beneficial owners.”
21. Carefully review all details. Once you have confirmed all details are correct (or modified the details as necessary), Select “I confirm all the details are correct” and proceed.
Verification submitted; what happens next?
- Please allow 24 hours for our team to assess your application.
- You will receive a support message if our verification team requires further documentation or clarification.
- Once your SMSF account is fully verified, you will receive a confirmation email and you’ll be able to deposit, withdraw, and trade.
