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Home News

BGL announces new integration with crypto exchange

SMSF software firm BGL has added Digital Surge to its ecosystem, making it easier for clients to process cryptocurrency transactions.

by Miranda Brownlee
October 5, 2022
in News
Reading Time: 2 mins read
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BGL said the new integration with the digital currency exchange platform will automate cryptocurrency trading data for users.

Digital Surge is a Brisbane-based digital currency exchange platform that allows users to buy, sell, and store cryptocurrency in Australia.

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BGL managing director Ron Lesh said BGL was excited to add a third cryptocurrency exchange to its ecosystem.

“Simple Fund 360 and Simple Invest 360 now administer hundreds of millions in cryptocurrencies and as the sector grows, we need to look for new ways to help our clients process cryptocurrency transactions,” said Mr Lesh.

Mr Lesh said the integration with Digital Surge will make it easy for clients to trade cryptocurrency.

“Instead of manually uploading the data into our software, BGL clients can now automatically receive daily cryptocurrency trading data and balances from Digital Surge directly into Simple Fund 360 and Simple Invest 360,” said Mr Lesh.

Digital Surge co-founder and chief executive Dan Rutter, said Digital Surge was very pleased to join the BGL Ecosystem.

“With the SMSF industry seeing a 90 per cent increase in crypto trading activity during 2021, building out compliance and reporting for SMSFs has been a key focus for the company,” stated Mr Rutter.

“The integration between our platform and BGL allows us to streamline this process and further simplify crypto trading for our customers.”

Tags: Cryptocurrency

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SMSF Adviser is the authoritative source of news, opinions and market intelligence for Australia’s SMSF sector. The SMSF sector now represents more than one million members and approximately one third of Australia's superannuation savings. Over the past five years the number of SMSF members has increased by close to 30 per cent, highlighting the opportunity for engaged, informed and driven professionals to build successful SMSF advice business.

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