How to Set Up a CoinJar Account for Your Company, Trust, or SMSF in Australia

If you're interested in buying or managing crypto through a company, trust, or self-managed super fund (SMSF), CoinJar makes it possible to open an account under these entities. However, setting up an entity account involves different steps and documents compared to a personal account.

What is an Entity Account?

An entity account allows a business, trust, or SMSF to trade and manage cryptocurrency in the name of that entity, rather than an individual. Please note that some CoinJar features (like CoinJar Card) aren't available with entity accounts.

Requirements for Australia

In Australia, CoinJar supports entity accounts for:

Companies

Trusts

Self Managed Super Funds (SMSFs)

To be eligible, your entity must be registered in Australia. You’ll also need:

A dedicated CoinJar account (with a unique email) for the company, trust, or SMSF.

For SMSFs: The SMSF Trust Deed (or an extract).

For Trusts: A certified copy or extract of the Trust Deed.

A separate individual and ID verified CoinJar account for each director or trustee.

Tip: CoinJar accepts digital copies of your documents during verification.

Trust Deed: What’s Required?

Whether you’re applying as a trust or SMSF, your Trust Deed (or extract) should include:

Title (front) page

Any schedules

Pages listing Settlors, Trustees, Beneficiaries, and Appointors (if applicable)

Execution pages (signed by Trustees/Beneficiaries)

Any amendments to the Deed (if relevant)

For trusts that are not SMSFs, the Trust Deed (or extract) must be certified.

How to Create an Entity Account

The sign-up process is as follows:

Register

Create a new CoinJar account using an email address dedicated to your company, trust, or SMSF.

Log in via web browser

Head to the CoinJar website and sign in.

Begin verification

In the “Getting started” section, click ‘Verify your Info’ and hit Continue.

Select entity type

Choose your country (Australia) and account type (Company, SMSF, or Trust) and submit.

Complete application

Fill out the required forms and upload your documents.

Application review

Once submitted, your application will show as “in progress” on your account dashboard.

How Long Does Verification Take?

After submission, CoinJar’s Compliance Team manually reviews your application. Typically, you’ll hear back within 5 business days. If more information is needed, they’ll contact you directly.

If you have questions at any stage, reach out to the Support Team.

When Will I Need to Verify My Identity?

If you’re listed as an associate (such as a director or trustee) you may be asked to complete personal identity verification. You’ll do this as an individual, even though you’re linked to an entity account.

Certifying Documents (Australia Only)

In some cases, CoinJar may ask for certified copies of documents like the Trust Deed or proof of ID. Here’s what’s required:

Documents must be certified as true copies within the last 90 days

The certifier must sign, date, and initial all pages

Certification text should read:

“I, [full name], [occupation], certify that this [document] is a true and correct copy of the original.”

Who Can Certify Documents?

Common certifiers include:

Justice of the Peace, Judge, Magistrate

Lawyer or Notary Public

Chartered Accountant (CPA, CA ANZ, NIA)

Police officer, full-time teacher, postal agent (with 2+ years of service)

Medical professionals (doctor, pharmacist, dentist, etc.)

Australian Consulate or Diplomatic Officer

Need Help?

Our Support Team is ready to assist with any questions about opening an entity account. Contact Support: support@coinjar.com