Are wash sales calculated based on business days or calendar days in the crypto industry?

3 answers

• Nov 24, 2021 · 3 years ago
  When it comes to wash sales in the crypto industry, the calculation is typically based on calendar days. This means that any buy and sell transactions within a certain timeframe, usually 30 days, are considered wash sales. It doesn't matter if the transactions occur on business days or weekends, as long as they fall within the specified timeframe.
  349175
• Nov 24, 2021 · 3 years ago
  In the crypto industry, wash sales are calculated based on calendar days. This means that if you buy and sell the same cryptocurrency within a certain period, usually 30 days, it will be considered a wash sale. Whether the transactions occur on business days or weekends doesn't matter, as long as they fall within the specified timeframe.
  339113
• Nov 24, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, wash sales in the crypto industry are calculated based on calendar days. This means that any buy and sell transactions of the same cryptocurrency within a certain period, usually 30 days, are considered wash sales. It doesn't matter if the transactions occur on business days or weekends, as long as they fall within the specified timeframe.
  39699