Create your new Bamboo account
Enter your personal information including phone number, email, and password then click on the SMSF sign up option.
To hear from one of our Crypto specialists about how you can sign up with your Self Managed Super Fund, let us know how to reach you.
Giving you the option of investing your retirement savings through your Australian Self Managed Super Fund in cryptocurrency, our automated portfolio management makes it a breeze.
Take advantage of Dollar Cost Averaging into cryptocurrency using your SMSF by timing your regular investment plan with your employer super contributions.
Here at Bamboo we provide the reporting and valuations for self managed super funds and their auditing and compliance purposes. Get exposure to Bitcoin, Ethereum, Gold and Silver standard in under 2 minutes. Investing in Bamboo allows you to take advantage of our built-in compliance and reporting mechanisms, which means a streamlined onboarding process, removing cumbersome KYC requirements.
We know what SMSF auditors are looking for and provide the right reports when you need them. From transaction statements to end of financial year valuations, we keep a track of it all in your report. All in the name of your SMSF, Bamboo makes it easy to instantly invest.
We offer a secure and robust platform to take the complexity out of managing your digital currencies. Conveniently keeping your portfolio all within one place. Make cryptocurrency part of your long-term investment plan with our app. A quick, easy, and safe way to gain exposure to Bitcoin, Ethereum, Gold and Silver Standard, Bamboo is a simple solution for self managed super funds.
Like a lot of people, you might be looking for new ways to get ahead and secure your future. Australian super fund owners can now invest in cryptocurrency through an SMSF. With Bamboo, it’s never been easier.
Follow the step-by-step instructions to get your portfolio underway.
All we need from you is:
1. Your Fund Name
2. Trustee Name - Corporate or Individuals
3. BSB and ACC
Any SMSF investors intending to sign up to Bamboo and invest in Crypto should seek professional advice to independently assess their personal circumstances.
Enter your personal information including phone number, email, and password then click on the SMSF sign up option.
Enter your SMSF trustee name and fund name, followed by the bank account details attached to the fund.
Decide how and when Bamboo should invest across Bitcoin, Ethereum, Gold and Silver Standard.
A self-managed super fund (SMSF) is a way of saving for your retirement. The difference between an SMSF and other types of superannuation funds is that the members of an SMSF are usually also the SMSF trustees.
This means the members of the SMSF run it for their benefit and are responsible for complying with their trust deed and also super and tax laws.
The Australian Tax Office doesn’t classify Cryptocurrency as currency. Therefore any sale of crypto assets from an SMSF will trigger a capital gains tax event. The tax consequences of a capital gain from a SMSF’s crypto investment will depend on how long the asset was held and if it is in pension phase or accumulation phase.
Capital gains will be taxed at 15% if held for less than 12 months and for long-term investments an effective tax rate of 10% will be applied.
The SMSF trustees are responsible for ensuring that the SMSF’s cryptocurrency investments comply with the Fund’s trust deed and investment strategy. The super laws require trustees and fund members to ensure their fund’s assets are held separately from personal assets.
Investing in cryptocurrencies carries risk, as with any other form of investment. Some SMSF expenses can be claimed as a tax deduction, however, costs involved in trading cryptocurrencies can’t, instead it forms part of the assets cost base.
It is best to seek professional advice around your personal or business investments and investments relating to your retirement savings.