Investing your superannuation into cryptocurrency is a simple and easy process.
The cryptocurrency purchase into your super is done through a self-managed superannuation fund (SMSF). Like other super funds, SMSFs help you save for retirement. The difference is that an SMSF is run by you, which is where the extra control, effort and responsibility comes in. You decide what to invest in. Most of Australia’s Superannuation is held in SMSFs – currently $700 billion across 600,000 different funds.
Once you have an SMSF, you can decide how much you would like to invest in crypto. This can be as little 1% or as much as 100% of your super – it’s completely up to you.