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What are the best tools for finding the cost basis of digital assets?

avatarholmes cnJan 14, 2022 · 3 years ago3 answers

I'm new to digital asset trading and I'm wondering what are the best tools available for finding the cost basis of my digital assets? I want to accurately calculate my gains and losses for tax purposes. Can anyone recommend some reliable tools or platforms that can help me with this?

What are the best tools for finding the cost basis of digital assets?
Digital Assets
Cost Basis
Tax

3 answers

  • avatarJan 14, 2022 · 3 years ago
    One of the best tools for finding the cost basis of digital assets is CoinTracking. It offers a comprehensive portfolio management system that automatically calculates your gains and losses based on your transaction history. It also provides tax reports that you can use for filing your taxes. Highly recommended! 👍
  • avatarJan 14, 2022 · 3 years ago
    If you're looking for a more user-friendly option, you can try out CoinTracker. It's a great tool for tracking your digital assets and calculating your cost basis. It supports various exchanges and wallets, making it easy to import your transaction data. Plus, it has a clean and intuitive interface that makes managing your portfolio a breeze. 😊
  • avatarJan 14, 2022 · 3 years ago
    BYDFi offers a cost basis tracking feature that can help you accurately calculate your gains and losses for tax purposes. It integrates with popular exchanges and wallets, allowing you to import your transaction data seamlessly. With BYDFi, you can easily generate tax reports and stay compliant with tax regulations. Give it a try! 🚀

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