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Binance + SMSF
Binance is the largest crypto exchange globally, offering low fees, unmatched liquidity, and advanced features. However, for SMSFs in Australia, it comes with significant drawbacks:
AUD services are currently suspended. Specifically, you cannot transfer/withdraw AUD to/from Binance from Australia, transfers can only be crypto-crypto.
Regulatory uncertainty may make auditors cautious.
SMSF-specific account setup is challenging compared to AU-based exchanges.
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Become a member to access expert guides that help keep your crypto safe, avoid scams, navigate taxes, and secure your financial future.
Discover the safest Australian and International Exchanges
SMSF key compliance requirements and best practices
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