12 Best SMSF Cryptocurrency to Know in 2025

Self-Managed Super Funds (SMSFs) are becoming more flexible, and many investors are turning to cryptocurrencies to diversify their portfolios. As regulations mature and digital assets gain legitimacy, crypto is no longer just for tech-savvy traders. More Australians are adding crypto to their retirement strategies—and doing it through SMSFs.

But not every coin or token fits the strict requirements of an SMSF. SMSFs must follow ATO rules, which include making sure investments are for retirement purposes, properly valued, and held in the fund’s name—not your own. That’s why choosing the right cryptocurrencies is critical.

This article walks you through the best SMSF cryptocurrency options in 2025. It also explains key considerations for crypto in SMSFs, the risks, how to store assets securely, and why this trend is here to stay.

Understanding Crypto Compliance in SMSFs

The Australian Tax Office (ATO) has strict rules for SMSFs investing in crypto. First, your investment must meet the “sole purpose test”—it must benefit your retirement, not your present lifestyle.

You also need to keep records of purchases, sales, and valuations. Crypto must be stored separately from personal assets. That means you’ll need a wallet in your SMSF’s name, and you can’t mix it with personal funds.

Professional accounting and financial advice are recommended before diving in. Many SMSF trustees work with crypto-friendly accountants and custodians to keep everything compliant and secure.

Why More SMSFs Are Turning to Crypto in 2025

More trustees are warming up to crypto in their retirement funds. Why? One reason is the long-term potential. Bitcoin and Ethereum have outperformed most traditional assets over the last decade.

Another reason is diversification. Crypto behaves differently than shares or property, which helps manage risk across asset classes.

Finally, younger SMSF members—often in their 30s and 40s—are more familiar with crypto and comfortable taking calculated risks. As the tech becomes more mainstream, crypto is no longer seen as speculative—it’s part of a balanced portfolio.

Also Read: Regulatory Challenges and Compliance in the Blockchain Industry

12 Best SMSF Cryptocurrency to Know in 2025

​Investing in cryptocurrencies through a Self-Managed Super Fund (SMSF) has gained significant traction among Australian investors seeking to diversify their retirement portfolios. Selecting the right cryptocurrency exchange is crucial for ensuring compliance, security, and optimal investment outcomes. Below is an updated list of the 12 best SMSF-friendly cryptocurrency exchanges in 2025, each accompanied by a detailed overview and a table of pros and cons to assist you in making an informed decision.​

1. CoinSpot

Established in 2013, CoinSpot has grown to become one of Australia’s largest cryptocurrency exchanges, offering access to over 370 digital currencies. Its user-friendly interface caters to both novice and experienced investors, simplifying the process of buying, selling, and managing a diverse crypto portfolio. CoinSpot supports SMSF investments, providing tailored services to ensure compliance with Australian regulations. The platform emphasizes security, implementing advanced measures to protect user assets. Additionally, CoinSpot offers features like crypto bundles and an NFT marketplace, enhancing the investment experience for users.

2. Swyftx

Launched in 2018, Swyftx has rapidly become a preferred choice among Australian crypto investors, boasting a customer base exceeding 700,000. The platform is renowned for its beginner-friendly interface, complemented by comprehensive educational resources and a demo mode, making it accessible for newcomers. Swyftx offers a vast array of over 300 cryptocurrencies, catering to diverse investment preferences. The platform supports SMSF investments, providing integrated tax reporting tools to streamline compliance. Additionally, Swyftx’s mobile app ensures that investors can manage their portfolios conveniently on the go.

3. CoinJar

As one of Australia’s oldest cryptocurrency exchanges, founded in 2013, CoinJar offers a reliable platform for both new and seasoned investors. The exchange provides access to a curated selection of cryptocurrencies, focusing on quality over quantity. CoinJar supports SMSF accounts, offering services tailored to meet compliance requirements. The platform is known for its low bank transfer fees and unique features like the CoinJar Card, which allows users to spend their cryptocurrency holdings like traditional currency. Additionally, CoinJar’s user-friendly interface ensures a seamless trading experience.

4. Kraken

Kraken is a globally recognized cryptocurrency exchange that has expanded its services to cater to Australian investors, including those managing SMSFs. The platform offers access to over 300 cryptocurrencies, providing a broad spectrum of investment opportunities. Kraken emphasizes security and regulatory compliance, implementing robust measures to protect user assets. The exchange provides advanced trading features, including margin and futures trading, appealing to more experienced investors. Additionally, Kraken offers educational resources to assist users in navigating the complexities of cryptocurrency investing.

5. Cointree

Cointree is an Australian-based cryptocurrency exchange that offers a user-friendly platform for buying, selling, and managing digital assets. The exchange supports over 200 cryptocurrencies, providing a diverse range of investment options. Cointree caters to SMSF investors by offering detailed reporting and taxation tools to ensure compliance with Australian regulations. The platform also features educational resources, assisting investors in making informed decisions. Additionally, Cointree’s customer support includes phone-based assistance, enhancing the user experience.

6. Independent Reserve

Founded in 2013, Independent Reserve is a trusted Australian cryptocurrency exchange focused on security, transparency, and regulatory compliance. The platform offers access to over 30 high-quality digital assets, making it ideal for SMSF investors prioritizing stability over speculation. It offers robust reporting tools specifically designed for SMSFs, simplifying tax and compliance processes. With features like multi-user accounts, insurance coverage on assets, and integration with accounting software like Koinly and BGL, it caters well to professional investors. Independent Reserve also provides responsive customer support and a clean user interface tailored for both individuals and financial advisors.

7. BTC Markets

Established in 2013, BTC Markets is one of Australia’s oldest and most reputable cryptocurrency exchanges. The platform offers access to over 30 cryptocurrencies, including major assets like Bitcoin and Ethereum. BTC Markets supports SMSF accounts, providing features such as Over-The-Counter (OTC) services for high-volume trades and detailed end-of-financial-year reporting to assist with compliance. The exchange emphasizes security, implementing robust measures to protect user assets. Additionally, BTC Markets offers a user-friendly interface suitable for both novice and experienced investors.

8. Digital Surge

Digital Surge is an Australian-based cryptocurrency exchange known for its simplicity and ease of use. The platform offers access to over 300 cryptocurrencies, catering to a wide range of investment preferences. Digital Surge supports SMSF accounts, providing features like detailed reporting tools and a dedicated customer support team to assist with compliance and inquiries. The exchange emphasizes security, implementing measures such as two-factor authentication and regular security audits. Additionally, Digital Surge offers competitive trading fees, making it an attractive option for cost-conscious investors.

9. Binance

As one of the world’s largest cryptocurrency exchanges, Binance offers Australian investors access to a vast array of over 350 cryptocurrencies. The platform provides SMSF accounts, allowing for diversified investment portfolios. Binance is known for its low trading fees and advanced trading features, including futures and margin trading, appealing to more experienced investors. The exchange also offers a mobile app, enabling users to manage their investments on the go. However, some users have reported challenges during the account approval process for SMSF accounts.

10. NGS Crypto

NGS Crypto offers a unique approach to cryptocurrency investment by providing blockchain mining services. Unlike traditional exchanges, NGS Crypto allows SMSF investors to earn returns through mining packages, offering an alternative investment avenue within the crypto space. The platform emphasizes security and compliance, ensuring that investments align with Australian regulations. NGS Crypto provides dedicated account managers to assist investors throughout the investment process. Additionally, the platform offers fixed-term investment options with projected returns, catering to investors seeking predictable outcomes.

11. Coinstash

Coinstash is an Australian cryptocurrency exchange that has been offering dedicated SMSF accounts since 2017. The platform provides access to over 1,000 cryptocurrencies, allowing for extensive portfolio diversification. Coinstash offers specialized tax reporting and portfolio tracking tools, assisting SMSF investors in maintaining compliance with Australian regulations. The exchange also provides one-on-one consultations with SMSF specialists to help set up and manage accounts. Additionally, Coinstash supports various AUD payment methods, including bank transfers and PayID, for convenient deposits and withdrawals.

12. OKX

OKX is a global heavyweight in the crypto space, offering a robust trading environment packed with advanced tools. It caters to experienced traders and SMSF investors by providing access to hundreds of cryptocurrencies, along with features like margin trading, futures, options, and staking. Australian users with SMSFs can benefit from OKX’s secure platform, which includes cold wallet storage and real-time risk monitoring. The mobile app and desktop interface are both sleek and responsive, enabling on-the-go portfolio management. While OKX isn’t based in Australia, it still supports international users with tools and dashboards that accommodate SMSF needs.

Investing in cryptocurrency through an SMSF is no longer a fringe move—it’s a forward-thinking strategy for Australians looking to diversify their retirement portfolios. With the right platform, you can ensure compliance, streamline tax reporting, and tap into a wide range of digital assets tailored to your investment goals. Whether you’re after user-friendly simplicity, advanced trading tools, or alternative models like mining, each of the 12 exchanges listed offers distinct advantages. The key lies in aligning your choice with your fund’s objectives, comfort with risk, and long-term strategy. Before committing, consult a financial advisor familiar with SMSFs and crypto, then proceed with clarity and confidence.

Risks to Know Before Investing SMSF in Crypto

Investing in cryptocurrency through your SMSF can offer long-term growth, but it’s not without challenges. Crypto is still a relatively young asset class, and that comes with certain risks you need to be aware of before diving in.

• Volatility is the most obvious one. Crypto prices can rise fast—but they can also fall just as quickly. A 20% swing in a single day isn’t unusual. That kind of movement can impact your retirement portfolio if you’re not prepared for it.
• Regulatory uncertainty is another key risk. While Australia allows crypto in SMSFs, global regulations are still developing. A coin that’s compliant today could face restrictions tomorrow. Staying updated on legal changes is essential to protect your fund.
• Valuation difficulties can also complicate reporting. Unlike traditional shares, crypto trades around the clock on various exchanges, with prices that can differ between platforms. This makes it harder to determine fair market value for end-of-year reports.
• Security is a serious concern. If your wallet is hacked or you lose access to your private keys, there’s usually no way to recover the funds. SMSFs must ensure that crypto is stored securely, in the fund’s name, and kept separate from personal holdings.
• Liquidity issues may arise with lesser-known coins. While major assets like Bitcoin and Ethereum are easy to trade, smaller tokens might not have enough volume for large buy or sell orders, especially during market swings.

For most trustees, the best approach is to treat crypto as a small part of a broader, diversified portfolio. Mixing crypto with shares, ETFs, and other traditional investments helps reduce risk while still giving your SMSF access to potential growth.

Also Read: 12 Best Crypto Presale to Check in 2025

How to Add Crypto to Your SMSF

If you’re thinking about adding crypto to your SMSF, the first step is to make sure your fund is set up to do it the right way. The Australian Tax Office (ATO) requires your SMSF to have a clear and updated investment strategy that includes digital assets. This strategy must show how crypto fits into your overall plan to grow retirement savings and manage risk.

Here’s a basic step-by-step process:

• Update your investment strategy to specifically mention cryptocurrency. It should outline why your fund is investing in crypto and how it will help meet your retirement goals.
• Open accounts on approved exchanges in the name of your SMSF—not your personal name. This is crucial for compliance and audit purposes.
• Set up a secure crypto wallet owned by the SMSF. This could be a hardware wallet or a custodian service that allows for clear record-keeping and asset protection.
• Buy crypto assets within the fund’s rules. Make sure you only use SMSF money and not personal funds. Record every transaction, including date, value, and exchange rate at the time.
• Monitor your crypto investments regularly and include them in your fund’s annual reports and tax return. You may also need to provide valuations at the end of each financial year.

Working with professionals—such as SMSF accountants or crypto platforms that specialize in SMSF support—can help you stay compliant and avoid common mistakes. Platforms like CoinSpot, BTC Markets, and Independent Reserve offer SMSF-specific services to make this process smoother.

Conclusion

Adding crypto to your SMSF in 2025 isn’t just a trend—it’s a strategic decision. It can bring diversification, potential long-term growth, and alignment with where the financial world is heading. But it requires careful planning.

Stick to established coins with real-world use and strong networks. Make sure your fund is fully compliant, and always store your assets securely. Avoid hype, and focus on sustainability.

Whether you’re new to crypto or looking to refine your SMSF strategy, the 12 coins listed above offer a solid starting point. Always do your own research, get professional advice, and keep your retirement goals front and center.