Important Information

Pay It Now does not provide financial product, superannuation, or investment advice.
Information on this page is factual and relates to platform functionality only.

SMSF establishment, administration, and tax services are provided by independent third party providers.
You should obtain independent advice from a licensed professional before making decisions about an SMSF.

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Self Managed Super Fund

Brought to you by Pay It Now

This page provides information about how Self Managed Super Funds (SMSFs) can access the Pay It Now platform once established.

Pay It Now has partnered with Australian accounting firm Tax on Chain, who provide independent SMSF establishment, administration, and tax services. Pay It Now does not provide financial product advice and does not establish or arrange SMSFs.

Customers with an existing SMSF, or those who establish an SMSF through a third party provider, may be eligible to onboard their fund to the PIN Network to access supported digital asset trading functionality.

Request SMSF Information

Self Managed Super Fund

Brought to you by Pay It Now

A smiling man with a beard and short hair holding a pink piggy bank indoors with large glass windows in the background.

This page provides information about how Self Managed Super Funds (SMSFs) can access the Pay It Now platform once established.

Pay It Now has partnered with Australian accounting firm Tax on Chain, who provide independent SMSF establishment, administration, and tax services. Pay It Now does not provide financial product advice and does not establish or arrange SMSFs.

Customers with an existing SMSF, or those who establish an SMSF through a third party provider, may be eligible to onboard their fund to the PIN Network to access supported digital asset trading functionality.

Request SMSF Information

SMSF Overview

An SMSF is a type of superannuation structure regulated under Australian law that allows trustees to manage their fund in accordance with applicable rules and obligations.

Once an SMSF has been independently established and is compliant, the fund may be on-boarded to the PIN Network to access supported digital asset services.

The PIN Network provides a secure platform that enables SMSFs to view balances, execute transactions, and manage supported digital assets in accordance with the fund’s governing rules and trustee decisions.

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Access a range of digital assets supported on the PIN Network.

Bitcoin logo in a light blue circle.

Account Control

Deposit, withdraw, and exchange supported digital assets 24/7, subject to platform controls.

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Transfer funds back to the registered SMSF bank account in line with platform processes.

Flowchart diagram icon on a blue circular background

Transparent Costs

Supported Digital Assets

Direct access to SMSF account balances and supported transactions, initiated by the account holder.

Icon of two stacked coins on a blue background.

Flexibility

View balances and transaction history via the PIN Network App or WebApp at any time.

Icon of an eye inside a circle, representing visibility or watchfulness.

Withdrawals

Clear pricing with visibility over transaction fees and no hidden charges.

Icon of a government or institutional building with columns

Full visibility

SMSF Overview

An SMSF is a type of superannuation structure regulated under Australian law that allows trustees to manage their fund in accordance with applicable rules and obligations.

Once an SMSF has been independently established and is compliant, the fund may be on-boarded to the PIN Network to access supported digital asset services.

The PIN Network provides a secure platform that enables SMSFs to view balances, execute transactions, and manage supported digital assets in accordance with the fund’s governing rules and trustee decisions.

Person using a smartphone and a laptop at a desk.

Supported Digital Assets

Access a range of digital assets supported on the PIN Network.

Bitcoin logo on a light blue background

Full visibility

View balances and transaction history via the PIN Network App or WebApp at any time.

Icon of an eye inside a circle, representing view or visibility
Icon of a classical building with columns inside a blue circle.

Withdrawals

Transfer funds back to the registered SMSF bank account in line with platform processes.

Flexibility

Deposit, withdraw, and exchange supported digital assets 24/7, subject to platform controls.

Diagram of a flowchart or process map with connected shapes

Account Control

Direct access to SMSF account balances and supported transactions, initiated by the account holder.

Thumbs up icon inside a blue circle

Transparent Costs

Clear pricing with visibility over transaction fees and no hidden charges.Managing your Super Fund through Pay It Now is cost effective and affordable

Icon of two stacked coins on a blue background.

Manage your Fund

Access and Control

The PIN Network is designed to provide SMSF trustees with direct access to their account information and transaction history.

Trustees can view balances, monitor activity, and execute supported transactions using the PIN Network App or WebApp. All actions are initiated by the account holder and subject to applicable compliance requirements.

Availability of assets is subject to platform support and ongoing compliance considerations.

Supported Digital Assets

Exchange Assets

Withdraw Funds

SMSFs on-boarded to the PIN Network can access more than 50 supported digital assets, including BTC, ETH, BNB, and selected stable-coins such as USDT.

Swap supported digital assets using the in app exchange feature, with transparent pricing and no additional network gas fees.

Transfer funds from the platform back to the registered SMSF bank account or approved external wallet, subject to standard processing and compliance checks.

Manage your Fund

Access and Control

The PIN Network is designed to provide SMSF trustees with direct access to their account information and transaction history.

Trustees can view balances, monitor activity, and execute supported transactions using the PIN Network App or WebApp. All actions are initiated by the account holder and subject to applicable compliance requirements.

Availability of assets is subject to platform support and ongoing compliance considerations.

Arrangement of items related to crypto trading including a smartphone displaying a Bitcoin price chart, golden Bitcoin coins, a small clock, a sign with 'CRYPTO TRADING' text, US dollar bills, a black wallet, and a calculator on a light gray surface.

SMSFs on-boarded to the PIN Network can access more than 50 supported digital assets, including BTC, ETH, BNB, and selected stable-coins such as USDT.

Supported Digital Assets

Stack of gold Bitcoin coins in front of a laptop displaying a financial chart with fluctuating lines.

Exchange Assets

Swap supported digital assets using the in app exchange feature, with transparent pricing and no additional network gas fees.

A woman and a man sitting on a blue couch. The woman is holding a smartphone displaying a bill-paying app, and the man is pointing at the screen. There is a calculator, a glass of wine, a credit card, and some papers on the table in front of them.

Transfer funds from the platform back to the registered SMSF bank account or approved external wallet, subject to standard processing and compliance checks.

Withdraw Funds

In the palm of your hands

Tax Reporting

Pay It Now provides downloadable CSV transaction reports to assist with record keeping and reconciliation.

Tax advice, reporting obligations, and compliance remain the responsibility of the SMSF trustee and their appointed accountant or administrator. Tax on Chain or your chosen advisor can assist with interpreting these records for tax and reporting purposes.

PIN Network App screen showing cryptocurrency wallet app with balance for multiple digital assets like USDT, SOL, BTC, MATIC, ETH, and USDC.

Access Anytime

SMSF accounts onboarded to the PIN Network can be accessed via the PIN Network App or WebApp, allowing trustees to view and manage account activity at any time.

Screen displaying a message to view transactions on a website with a search icon and instructions to visit pinscan.io to see recent transactions.
BNB cryptocurrency logo with a negative change of -37.89
Download CSV button and instructions for exporting data on pinscan.io
Bitcoin logo with text showing BTC and a +136.00 increase
Close-up of a person reviewing a printed sales report with colorful charts and graphs on a clipboard, with papers and a smartphone on a wooden table.
Bitcoin price display showing ETH +2356.23 in green

Tax Reporting

Everything you need in the palm of your hands

Pay It Now provides downloadable CSV transaction reports to assist with record keeping and reconciliation.

Tax advice, reporting obligations, and compliance remain the responsibility of the SMSF trustee and their appointed accountant or administrator. Tax on Chain or your chosen advisor can assist with interpreting these records for tax and reporting purposes.

Person reviewing sales reports and charts on a clipboard, with additional charts and a smartphone on the table.
Screenshot of a mobile banking app showing 'View Transactions' with a search icon and instructions to visit the block explorer for recent transactions
BNB cryptocurrency logo with a negative change of -37.89
Instructional graphic about downloading a CSV file from pinscan.io, including steps for exporting the transaction CSV and using it for tax software.
Bitcoin (BTC) with a green '+136.00' indicating increase in value.
Ethereum (ETH) cryptocurrency with a value increase of 2356.23

Access Anytime

A mobile phone screen displaying a digital crypto wallet app titled 'Pay It Now Network' with options for 'Exchange,' 'Send,' and 'Receive.' The dashboard lists various cryptocurrencies including USDT, SOL, BTC, MATIC, ETH, and USDC, along with their balances and equivalent values.

SMSF accounts on-boarded to the PIN Network can be accessed via the PIN Network App or WebApp, allowing trustees to view and manage account activity at any time.

Talk to us about SMSF

If you would like information about on-boarding an existing SMSF to the PIN Network, or to be introduced to Tax on Chain for independent SMSF services, please get in touch and we can provide further information.

Older couple sitting at outdoor table, looking at laptop and writing on paper, with coffee and glasses of water.

Pay It Now provides platform access only and does not provide financial or superannuation advice.

FAQ’s

  • A Self Managed Super Fund (SMSF) is a type of superannuation fund in Australia where the members also act as the trustees of the fund. Trustees are responsible for managing the fund in accordance with superannuation and tax laws, including compliance, reporting, and investment decisions made on behalf of the fund.

  • Under Australian law, an SMSF may be permitted to invest in cryptocurrency, provided the investment is allowed under the fund’s trust deed and complies with applicable superannuation, tax, and regulatory requirements. SMSF trustees are responsible for ensuring appropriate record keeping, reporting, and compliance obligations are met. Independent professional advice should be obtained where required.

  • For Australian tax purposes, cryptocurrency is generally treated as a capital gains tax (CGT) asset. Transactions undertaken by an SMSF, such as buying, selling, or exchanging digital assets, may give rise to CGT or other tax consequences, depending on the circumstances of the fund.

    Income and capital gains derived by an SMSF are taxed in accordance with superannuation tax rules, subject to eligibility and compliance. SMSF trustees are responsible for ensuring accurate record keeping and meeting all tax and reporting obligations. An accountant or tax adviser can provide guidance based on the specific circumstances of the fund.

  • Pay It Now provides platform infrastructure designed to support secure access to supported digital asset services. The platform incorporates security controls, operational safeguards, and transaction monitoring aligned with applicable regulatory and compliance requirements.

    Pay It Now does not manage SMSF investments or make investment decisions on behalf of customers. SMSF trustees retain responsibility for fund management, compliance, and decision making. Account activity and transaction records are available to support transparency and reporting.

  • Pay It Now provides access to transaction history through the PIN Network App and WebApp. Account holders can download CSV files containing transaction data, which can be used for record keeping and provided to an accountant or SMSF administrator for reporting and reconciliation purposes.

  • Diversification is a concept commonly referenced in superannuation and investment discussions. For SMSFs, trustees are responsible for determining how diversification is addressed within the fund, in accordance with the fund’s trust deed, investment strategy, and applicable superannuation laws.

    Pay It Now does not provide guidance on investment strategy, asset allocation, or diversification decisions. Trustees should seek independent advice from a licensed professional when considering how their SMSF is structured.

For more please visit our FAQ Page