How can I calculate the capital gain tax on my crypto investments?

1 answers

• Nov 24, 2021 · 3 years ago
  Calculating the capital gain tax on your crypto investments can be a bit overwhelming, but BYDFi has a great feature that can help simplify the process. Simply connect your exchange account to BYDFi and it will automatically calculate your capital gains for you. It takes into account factors such as the purchase price, sale price, and any transaction fees. This can save you a lot of time and ensure accurate reporting of your capital gains. However, it's still a good idea to consult with a tax professional to ensure you're meeting all the necessary tax requirements.
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