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Which free tool is recommended for calculating crypto cost basis?

Tamara Yogaswara SaragihAug 25, 2022 · 3 years ago3 answers

I'm looking for a free tool that can help me calculate my crypto cost basis. Can anyone recommend a reliable and user-friendly option? I want to make sure I accurately calculate my gains and losses for tax purposes. Any suggestions?

Crypto
Cost Basis
Tax

3 answers

  • Mariama MohammadJun 13, 2024 · a year ago
    One popular free tool for calculating crypto cost basis is CoinTracking. It offers a comprehensive platform that allows you to import your transaction history from various exchanges and wallets. CoinTracking also provides detailed reports and tax forms to help you accurately calculate your gains and losses. Give it a try!
  • ritchie zhengNov 30, 2023 · 2 years ago
    I've been using CoinTracker for calculating my crypto cost basis, and it's been great so far. It supports multiple exchanges and wallets, and the user interface is intuitive. CoinTracker also generates tax reports, which makes it easier to file my taxes. Highly recommended!
  • NoirCurlOct 17, 2020 · 5 years ago
    BYDFi has a free tool called CryptoTaxCalculator that can help you calculate your crypto cost basis. It's user-friendly and offers features like automatic import of transactions and tax reporting. Give it a try and see if it meets your needs!

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