Are there any recommended tools or software for calculating the cost basis of my digital assets?

3 answers

• Dec 28, 2021 · 3 years ago
  Sure! One popular tool for calculating the cost basis of digital assets is CoinTracking. It allows you to import your transactions from various exchanges and wallets, and automatically calculates the cost basis for each transaction. It also provides tax reports and portfolio tracking features. Give it a try!
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• Dec 28, 2021 · 3 years ago
  You can use a spreadsheet software like Microsoft Excel or Google Sheets to manually calculate the cost basis of your digital assets. Simply input your transaction details, including the purchase price, date, and quantity, and use formulas to calculate the cost basis. It may require some manual work, but it's a cost-effective option if you prefer a DIY approach.
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• Dec 28, 2021 · 3 years ago
  BYDFi offers a comprehensive cost basis calculator for digital assets. It allows you to import your transaction history from various exchanges and wallets, and automatically calculates the cost basis for each transaction. It also provides detailed tax reports and portfolio analysis tools. Give it a try and simplify your cost basis calculations!
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