How to create a trust account on bitcoin.com.au

Thinking of buying Bitcoin and other crypto with your trust? Creating a trust account is simple and can done in a few minutes! Follow the steps below to create a trust account on bitcoin.com.au to get started.

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How to create a trust account on bitcoin.com.au

Thinking of buying Bitcoin and other crypto with your trust? Creating a trust account is simple and can done in a few minutes! Follow the steps below to create a trust account on bitcoin.com.au to get started.

Before you get started

Here are some of the things you’ll need to have ready. If you don’t have all of the documents straight away, you can proceed with creating the account the verification support team will request for them later on.

  • You must be a director or able to act as legal representative of this fund
  • A copy of your Government ID (such as a driver’s licence or passport)
  • Your proof of address:
    • The proof of address must be less than 6 months old
    • Phone bills and PO boxes are NOT accepted
    • Accepted documents include bank statements, utility bills (Gas, water, rates) or Government-issued documents (e.g. ATO, vehicle registration, etc.)
  • Pen and paper
  • Your mobile phone
  • Fund details (Fund name, ABN, ACN, trustees, etc.)
  • Trust deed (Cover page and signature page)

Follow these easy steps below

1. Start the process: From the bitcoin.com.au homepageFrom the bitcoin.com.au homepage, select Sign up

2. Account setup: Enter your username, email addressa strong password, and select Trust.

3. Agree to terms: Review and agree to our Terms & Conditions and Privacy Policy, and click Next.

4. Verify your email: Enter the confirmation code emailed to you, and click Next.

5. Identity verification: Click Continue to begin setting up your identity verification.

6. Enter personal details: Fill in your full legal name, date of birth, home address, and phone number, then click Next.

7. Set Up Google Authenticator:

  • install the free Google Authenticator app on your mobile phone or tablet, 
  • scan QR code provided using Google Authenticator 
  • Enter the code that Google Authenticator displays, then click Enable.

8. Define account purpose: Select the purpose of your account and source of your income from the drop-down options provided, then click Next.

9. Selfie time: Take a photo of yourself holding a government-issued photo ID (such as a passport or driver’s licence), next to a piece of paper stating “bitcoin.com.au” and today’s date. Both you and the documents must be clearly visible.

Upload this photo by clicking browse or dropping the files into the space provided. Click Next.

10. ID documentation: Take a photo of both sides of this photo ID.

11. Address verification: Upload a photo of one supporting document that shows your current address (valid up to 6 months):

  • Utility bill (electricity, gas, water, rates)
  • Bank statement 
  • Government-issued documents (vehicle registration, ATO).

12. Provide trust details:

  • Fund name
  • ABN
  • ACN

You must be a director and able to act as a legal representative of this fund.

13. Upload trust deed, including:

  • Cover page
  • Schedule page, and
  • Signature page, then click Next.

14. Add fund trustees: selecting whether individual or company, then click Next.

15. Further trustee details:

If you selected individual trustees, you will be required to provide:

  • Full legal name
  • Date of birth
  • Country of residence, and 
  • Photo ID, then click Next.

If you selected corporate trustees, you will be required to provide:

  • Company name
  • ABN
  • ACN, and
  • Company address, then click Next.

16. Additional documents: Provide further details and documents as required based on your trustee selection.

17. Final confirmation: Confirm that all directors and/or beneficial owners of your trust have been added.

18. Verification wait: Submit your application and wait for verification, which may take up to two business days.  

Congratulations! You’re all set to buy Bitcoin! You can deposit funds via EFT bank transfer, PayPal, or credit and debit card, and then purchase Bitcoin with just one click.

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