Break barriers to Crypto
FAQs
What is crypto?
Cryptocurrency is a form of digital currency. What makes cryptocurrency unique is that it’s secured by cryptography not issued by any central authority. This makes it nearly impossible to counterfeit or double spend. Many cryptocurrencies are decentralized networks based on blockchain technology.
How do cryptocurrencies get their value?
Like any currency, the value of cryptocurrencies is based on the scale of community involvement plus the supply and demand of each cryptocurrency. The technology, security and anonymity behind a cryptocurrency may also play a role in perceived value.
Is crypto a good investment?
Like any investment, it’s important to do your own research and understand how the underlying asset works before deciding to include a cryptocurrency in your portfolio.
How do I get started with investing in crypto?
With Stake you’ll be able to access crypto and securities in one seamless platform, in the palm of your hand. We’ll also be creating a range of initiatives to help investors learn more about crypto.
Do you have to pay taxes on crypto in Australia?
As with all investments, we recommend consulting with a professional tax accountant to understand your individual circumstances.
When will I be able to buy crypto on Stake?
The ability to invest in cryptocurrencies will be coming to Stake later this year (2022).
What cryptocurrencies will I be able to buy on Stake?
Our mission is to provide unrivalled access to investing opportunities. While we can’t list cryptocurrencies just yet, know that this isn’t about adding a handful of them to our platform. We’re building a complete wealth management experience for the next generation of investor.
How do I register my interest in Stake Crypto?
To receive more info on Stake Crypto as it becomes available, submit your details in the form above. We’ll be in touch over the coming months so you can be one of the first to get involved.