Set up Self Managed Super Fund

Self Managed Super Funds

At Your Dream Creator, we specialise in Financial Reporting Services for Investments and Retails. We function in compliance with the Australian Rules and Regulations. We are knowledgable about self-managed super fund (SMSF) which allows people to easily access funds. This can be helpful for people who are going through a hard time when it comes to financial situations. We can help you all to live the life you have always dreamed.

What exactly is SMSF?

A self-managed super fund is a kind of do-it-yourself superannuation scheme which is designed for those people who want direct control over their savings and financial future. This is specifically useful for people who want to live a good quality of life after their retirement.

Can SMSFs invest in bitcoin or bitcoin mining?

For an SMSF to invest in bitcoin, it is very necessary for a trustee to be able to identify the assets of the fund. As the bitcoin market allows anonymous holding of bitcoins, the process should be able to ensure that the SMSF has the evidence of the bitcoin. This can be done in various ways such as using the fund’s bank account while purchasing, passing relevant trustee resolutions or even by creating a fund specific email address.

If you wish to buy bitcoin or bitcoin mining in Australia, make sure you go through our website which will give you proper information regarding whatever is needed. It is recommended to speak to your registered tax professional in case you need some individual advice about using your SMSF for your purchase. Also, you need to make sure that your bitcoin assets are stored in a secure wallet. Your investment strategy should be able to identify your crypto and bitcoin investments.

Are you looking for Bitcoin activities in Australia? Get in touch with us today!


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