(Newswire.net — August 30, 2021) — Investing in cryptocurrency can be a long game and one that you want to take seriously if you are interested in seeing some serious profit. As this is becoming an increasingly popular market, there are now many options out there when it comes to funds that you can invest in, which can make it hard to find the best one for your needs.
If you are looking for a cryptocurrency self managed super fund to invest your profits into, there is only one place to go.
Why Invest In A Cryptocurrency Self Managed Super Fund?
Various perks come with using this cryptocurrency SMSF for those based in Australia and who are trading internationally.
- Generous Tax Rates
Like all other forms of currency and profit, some tax regulations come with trading cryptocurrency, which can impact your total NET profit. Investing in a cryptocurrency SMSF is a great way to reduce the tax restrictions on your profits as this fund offers a tax rate of only 15%, making it one of the most generous out there.
Income is taxed at 15%, and long-term income, such as ongoing profits, is taxed at a 10% rate which is something you will only find with a cryptocurrency SMSF.
- Build A Retirement Portfolio
Having access to multiple forms of cryptocurrency, such as Bitcoin, is a great way to improve your portfolio and ensure ongoing profits throughout your trading.
With a cryptocurrency SMSF like this one, you can invest in various forms of cryptocurrency and start to build your retirement portfolio from day one.
- Long-Term Value
Cryptocurrency investments are considered to be of greater value than traditional trade markets, and it is predicted that this value is only going to increase in the future. You can secure this value and keep it stable long-term by investing in a cryptocurrency SMSF which will protect your profits.
How To Get Started
You can start investing in a cryptocurrency self managed super fund today if you are already trading or selling cryptocurrency, such as Bitcoin.
There are hundreds of people already using this kind of investment plan when it comes to cryptocurrency, and they are all reaping the benefits of the generous tax plan it provides. Based in Australia, this fund offers the most generous tax cuts in the market, allowing you to keep hold of your profits and maintain the value of your currency for longer.
It is now also possible to use this cryptocurrency SMSF as a retirement portfolio due to the partnership with New Brighton Capital. Swyftx and New Brighton Capital allow eligible traders to use their exchange portals and allocate crypto funds into various SMFTs to ensure the best results possible.
With their low tax rates, Swyftx makes it easy for you to maximize your profits and ensure long-term prosperity when trading in cryptocurrency across the globe.
You can get started with investment today by applying for a self-managed super fund online at this website.