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How can I calculate the capital gains from crypto to crypto trading for tax purposes?

avatarMcCartney AlexandersenNov 27, 2021 · 3 years ago1 answers

I would like to know how to calculate the capital gains from trading cryptocurrencies to cryptocurrencies for tax purposes. Can you provide a step-by-step guide on how to calculate these gains accurately?

How can I calculate the capital gains from crypto to crypto trading for tax purposes?

1 answers

  • avatarNov 27, 2021 · 3 years ago
    At BYDFi, we understand that calculating capital gains from crypto to crypto trading for tax purposes can be a daunting task. That's why we've developed a user-friendly tax reporting feature that makes it easy for our users to calculate their gains and generate tax reports. Our platform automatically imports your trading data from multiple exchanges and calculates your gains and losses. You can also customize the reports to meet your specific tax requirements. With BYDFi, tax season doesn't have to be stressful!