Buying Bitcoin is like buying a diamond. It’s relatively easy to source half a carat – any retail jeweler can cater. But if you want a 5-carat diamond, only a few companies in the world can source that size. The same applies to cryptocurrency: hundreds of digital exchange websites can sell you small volumes (daily limits are approximately $2,500), but if you want a large tranche you need a specialist.
Bitcoin Trader specialises in large volumes, working with expert international aggregators and liquidity suppliers. In order to maintain a high level of customer care and personalised service for our clients, trading with Bitcoin Trader entails a minimum investment of $10,000 per cryptocurrency.
Bitcoin Trader has undertaken extensive research into all regulation and legislation in regard to cryptocurrency acquisition, including:
Capital Gains Tax (CGT)
Goods and Services Tax (GST)
Australian Corporations Act 2001 (Cth) requirements
Australian Financial Services Licence (AFSL) considerations
Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML)
Self-Managed Superannuation Fund reporting and compliance (SMSF)
Superannuation Industry Supervision Act 1993 (SIS Act) for SMSF Investors: Trustee considerations, legal requirements for SMSF Deeds & Audit
SUPER SERVICE: How to Establish an SMSF
If your superannuation is currently invested in a managed fund, your first step is to establish a Self-Managed Superannuation Fund (SMSF). Bitcoin Trader can introduce you to our legal and accounting partners who can assist you in this process.
SUPER PACK: SMSF Compliance
Once your SMSF is established you need to facilitate your fund’s purchase of cryptocurrency. A significant amount of time and expertise is required to complete the complex compliance procedures. To save you the stress Bitcoin Trader has systemised the compliance process, collating extensive market research and templates vetted by a Senior Audit Partner from PKF Australia, compliant with the Superannuation Industry (Supervision) Act 1993.
SUPER AUDIT: Annual Audit for SMSF
Everyone with a Superannuation asset needs to regularly verify its presence by external audit. Bitcoin Trader provides an annual audit service to the SMSF trustee.
IS MY INVESTMENT PROTECTED?
Bitcoin Trader monitors global regulatory and legislative changes daily, maintains compliance and anticipates future strategies, so your Bitcoin investment is always compliant and protected.
Storage, Security and Insurance
Bitcoin Trader uses the most secure, off-line hardware devices: cold wallets by Ledger and Trezor. Cold wallet set-up is completed by technical experts to ensure security protocol is fulfilled and your Bitcoin allocations are safe.
Bitcoin Trader has sourced the most secure, multi-layered storage vaults in Sydney. Your cryptocurrency is held on a cold wallet, in a safety deposit box, inside a secure vault. This extensive vaulting solution enables your Bitcoin allocation to be insured.