How does KuCoin calculate and display realized PNL for cryptocurrency trading?
Gonzalo FreddiDec 25, 2021 · 3 years ago3 answers
Can you explain the process of how KuCoin calculates and displays realized PNL for cryptocurrency trading?
3 answers
- Dec 25, 2021 · 3 years agoSure! When it comes to calculating and displaying realized PNL for cryptocurrency trading on KuCoin, it involves a few steps. First, KuCoin tracks the initial cost of the assets you purchased. Then, it keeps a record of the selling price when you decide to sell those assets. The difference between the selling price and the initial cost is the realized PNL. KuCoin then displays this realized PNL in your trading history or portfolio section. It's important to note that this calculation only considers the assets you have sold, not the ones you still hold. Hope that clarifies it for you!
- Dec 25, 2021 · 3 years agoCalculating and displaying realized PNL on KuCoin is pretty straightforward. KuCoin keeps track of the prices at which you bought your cryptocurrencies and the prices at which you sold them. By subtracting the buying price from the selling price, KuCoin determines the realized PNL. This information is then displayed in your trading history or portfolio, allowing you to easily track your profits or losses. It's a useful feature for evaluating your trading performance and making informed decisions. Happy trading!
- Dec 25, 2021 · 3 years agoAh, the process of calculating and displaying realized PNL on KuCoin. It's a piece of cake! KuCoin simply takes note of the prices at which you bought your cryptocurrencies and the prices at which you sold them. Then, it subtracts the buying price from the selling price to calculate the realized PNL. This information is presented to you in your trading history or portfolio, so you can keep an eye on your gains or losses. It's a nifty feature that helps you stay on top of your trading game. Enjoy using KuCoin!
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