How to?
Opening a Block Earner Business Account: From Treasury to OTC to Business Loans
27 Nov 20255min
This guide explains who can open a Business Account, what you can do with it, and how companies across Australia are using Block Earner today.
Australian businesses are adopting crypto at record speed, not as a speculative trend, but as a competitive advantage. From SMEs to high-growth startups and large operators, more companies are using digital assets to get ahead, diversify their treasury, streamline global payments, and access AUD liquidity through Crypto-Backed Loans.
At the centre of this shift are stablecoins such as USDT and USDC, and digital assets like Bitcoin and Ethereum, which allow businesses to move funds instantly, hedge against currency friction, and access working capital without needing to sell their assets. In a world where agility matters, crypto has become a powerful tool for improving cash flow and boosting operational efficiency.
Block Earner was built to support this new wave of digital-forward businesses. As an AUSTRAC-registered Australian crypto exchange, and Australian Credit License Authorised representative, Block Earner enables companies to Buy & Sell 350+ crypto currencies, access Australian crypto OTC services and borrow AUD using their crypto assets with Crypto-Backed AUD Loans.
Whether you’re diversifying your treasury, accessing fast capital, or looking for more efficient payment rails, Block Earner gives Australian businesses a modern financial toolkit built for scale.
Key Takeaways
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Borrow AUD using Crypto-Backed Loans to unlock liquidity without selling assets
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Buy and sell over 350+ cryptocurrencies for treasury or operations
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Access a dedicated OTC desk for high-value trades and same-day settlements
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Manage crypto confidently with real-time tracking and enterprise-grade security
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Get in touch with Australian-based, award winning crypto experts
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AUSTRAC registered and ACL authorised representative
Why Australian Businesses Are Turning to Crypto Treasury
Australian businesses are increasingly using crypto treasury strategies to improve operational efficiency, reduce reliance on slow, traditional banking systems and power up their treasury with the world's leading crypto assets like Bitcoin and Ethereum.
Stablecoins like USDC and USDT allow companies to move money globally in minutes, hedge against currency risk, and maintain stable working capital without waiting days for international transfers or bank approvals.
This evolution is driven by the demand for faster settlements, flexible payment options, and more control over business liquidity. Crypto enables fast transfers, transparent tracking, and greater flexibility, especially when paired with solutions like Crypto-Backed AUD Loans, which let businesses access AUD without selling their crypto holdings.
As a result, Block Earner’s Australian crypto treasury solution is a powerful tool for businesses across multiple industries. Teams manage their treasury in desktop and mobile app and can access Australian OTC crypto trading to handle large transactions. For many Australian businesses, integrating crypto is a strategic advantage.
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Growing adoption of stablecoins for global transfers, hedging, and working capital.
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Faster settlements vs traditional finance.
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Access to AUD liquidity without selling crypto (Crypto-Backed Loans).
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Company crypto treasury investment and diversification
What a Block Earner Business Account Unlocks
A Business Account gives you one platform for crypto treasury, payments, and lending.
Digital Treasury Management
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Hold USDC, USDT, BTC, ETH, SOL, and 350+ supported coins.
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Move funds globally within minutes on-chain.
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Buy and sell to/from AUD at any time and borrow AUD at market-leading rates.
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Ideal for teams, companies and businesses of all sizes.
OTC for High-Value Crypto Trading
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Fast settlements to and from your business account.
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Dedicated desk for large trades ($100k+) and institutional needs.
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Common uses: Payment funding, payroll funding and treasury rebalancing.
Crypto-Backed Business Loans
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Borrow AUD against your crypto (no need to sell).
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Useful for debt consolidation, expansion, hiring, runway, or cash-flow smoothing.
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Fast loan approvals, transparent LVRs, and institutional grade security infrastructure.
Who Can Open a Business Account?
Block Earner supports a wide range of business structures. Requirements differ slightly based on the entity type. Below is a clear breakdown of what each structure typically needs for onboarding and AML/CTF verification.
Private Company (Pty Ltd)
Required Information:
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Entity name
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ACN
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Registered address
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Director & shareholder (UBO) verification
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ID documents for individuals controlling 25%+ of the company
Sole Trader
Required Information:
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Entity name
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ABN
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Business address
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ID & UBO verification
Partnership (Partners, Accountants & Financial Advisors)
Required Information:
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Entity name
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ABN
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Partnership Agreement
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ID documents for both partners or nominated representatives
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Any additional documents confirming the structure (if applicable)
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UBO verification for individuals or companies controlling 25%+
Trusts (Family, Unit, Discretionary)
Required Information:
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Entity name
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Registered office
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ABN (if applicable)
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Certified copy of the Trust Deed (dated within last 12 months)
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If trustee is an individual: ID showing full name, address, DOB
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If trustee is a company: ACN and company name
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Any supporting documents (e.g., Deeds of Variation, Unit Register)
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UBO verification for individuals or companies controlling 25%+
Self-Managed Super Fund (SMSF)
Required Information:
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Entity name
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Registered office
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ABN
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Trust Deed
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If trustee is an individual: ID showing full name, address, DOB
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If trustee is a company: ACN and company name
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Any relevant documents (e.g., Deeds of Variation)
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UBO verification for individuals or companies controlling 25%+
Please note: Crypto-Backed Loans are not available for assets held in SMSFs.
Web3 Foundations or DAOs (Case-by-case)
Required Information:
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Entity name & jurisdiction
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Governance documents (e.g., charter, foundation statutes, DAO constitution)
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UBO or controller verification
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Expected transaction activity (required for AML/CTF)
AML/CTF & Compliance Requirements (All Entities)
All entities must provide:
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Beneficial ownership details
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Director/partner/trustee identity verification
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Expected transaction activity (value, volume, and use case.
How to Open a Block Earner Business Account
Open an Australian crypto treasury account today. Get started
Step 1. Submit Business Details & Complete KYB Verification
Provide the supporting documents relevant to your chosen account type. For example, a Trust Deed, Partnership Agreement, or other entity-specific documentation, along with ID documents for each Director or Ultimate Beneficial Owner (UBO).
Please note: To enable deposits, withdrawals, and account activity, one authorised user must complete a quick facial recognition check as part of the verification process.
Step 2. Enter ABN/ACN & Contact Details
Enter your ABN and/or ACN, business structure, business name, registered address, contact details.
Step 3. Link Your Australian Bank Account
Required for deposits, withdrawals, settlement, and verification. Must match the business name.
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Enter your business bank account details (BSB & Account Number)
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Verify the account name matches your registered entity
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Complete a micro-deposit check (if prompted) to confirm ownership
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The account will then be authorised for settlements and transfers
Step 4. Start Trading, Converting or Borrowing
Once approved, businesses can access:
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Crypto Treasury dashboard with account balances
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OTC desk and crypto price charts
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Buy/Sell 350+ coins for frictionless management features
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Crypto to AUD Business loans (subject to approval)
Why Block Earner Is the Preferred Partner for Businesses
Same-Day AUD Settlements
Fast, reliable conversions for treasury moves and supplier payments.
Regulated & ACL Authorised Representative
Block Earner is AUSTRAC-registered and operates under strict AML/CTF frameworks.
Block Earner is an Australian Credit License Authorised representative crypto loans platform.
Enterprise-Grade Security
2FA, withdrawal protection, advanced monitoring, whitelisting, multi-sig, and Fireblocks custody.
Local Relationship Support
Dedicated Account Manager for onboarding, OTC, compliance questions, and loan structuring.
Best Practices for Managing Crypto as a Business
Maintain a Clear Treasury Policy
Define how your business allocates digital assets, sets risk limits, and manages internal approval processes. Seek professional advice before making any financial or investment decisions.
If the primary account operator is not a Director or UBO (e.g., a CFO or finance manager), Block Earner requires a simple authorisation letter from a UBO. This ensures proper oversight and gives businesses confidence that only approved individuals can manage treasury activity.
Keep Comprehensive Records
Maintain clean transaction logs, invoices, settlement reports, and reconciliation files.
Use Stablecoins for Predictable Operations
Reduce volatility for payroll, suppliers, and short-term treasury needs.
Get Started With Block Earner
Ready to streamline your crypto treasury, unlock liquidity, or execute high-value crypto trade? Open a Block Earner Business Account today. Start online via desktop or mobile app, or if your business requires a tailored solution, you can book a treasury or OTC consultation with our local team. For companies looking to access fast capital without selling their digital assets, explore our crypto-backed business lending options and see how you can borrow AUD against your crypto with confidence.
Disclaimer: The information contained in this blog is general in nature and is provided for informational purposes only. It does not constitute financial, legal, or tax advice, and should not be relied upon as such. Block Earner does not guarantee the accuracy or completeness of any information presented. You should consider your own personal circumstances and seek professional advice before making any financial or investment decisions. Past performance is not indicative of future results. All investments carry risk.
