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.
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.
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."
Miranda Brownlee
Miranda Brownlee is the deputy editor of SMSF Adviser, which is the leading source of news, strategy and educational content for professionals working in the SMSF sector.
Since joining the team in 2014, Miranda has been responsible for breaking some of the biggest superannuation stories in Australia, and has reported extensively on technical strategy and legislative updates.
Miranda also has broad business and financial services reporting experience, having written for titles including Investor Daily, ifa and Accountants Daily.
