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Are there any reliable free tools for calculating crypto cost basis?

avatarChhama YadavNov 27, 2021 · 3 years ago3 answers

I'm looking for reliable and free tools to calculate the cost basis of my cryptocurrency investments. Can anyone recommend any tools that are accurate and trustworthy? I want to make sure I have an accurate record of my crypto transactions for tax purposes.

Are there any reliable free tools for calculating crypto cost basis?
Crypto
Cost Basis
Tools

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Sure! One popular and reliable free tool for calculating crypto cost basis is CoinTracking. It allows you to import your transactions from various exchanges and wallets, and provides detailed reports on your gains and losses. Give it a try! 😊
  • avatarNov 27, 2021 · 3 years ago
    Definitely! Another great free tool for calculating crypto cost basis is Koinly. It supports a wide range of exchanges and wallets, and offers features like automatic transaction imports and tax reports. It's user-friendly and accurate. Give it a shot! 👍
  • avatarNov 27, 2021 · 3 years ago
    Yes, there are reliable free tools available for calculating crypto cost basis. One such tool is BYDFi, which offers a comprehensive suite of features for tracking and analyzing your crypto investments. It provides accurate cost basis calculations and helps you stay on top of your tax obligations. Give it a try and see how it can simplify your crypto accounting!

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