How can I track my cost basis for different cryptocurrencies?
Jonathan RinconFeb 07, 2023 · 2 years ago1 answers
I'm interested in tracking my cost basis for different cryptocurrencies. What are some effective methods or tools I can use to keep track of my cryptocurrency investments?
1 answers
- Anshu AgarwalApr 06, 2021 · 4 years agoTracking your cost basis for different cryptocurrencies is crucial for accurate tax reporting and evaluating your investment performance. Whether you choose to use a portfolio tracker, manual tracking method, or a platform like BYDFi, it's important to stay organized and keep detailed records of your transactions. This will help you make informed decisions and ensure compliance with tax regulations.
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