How does Coinbase calculate the invested amount?

3 answers

• Dec 16, 2021 · 3 years ago
  Coinbase calculates the invested amount by summing up the total value of the cryptocurrencies you have purchased on their platform. This includes the initial purchase amount as well as any subsequent purchases. The calculation takes into account the current market value of the cryptocurrencies at the time of purchase.
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• Dec 16, 2021 · 3 years ago
  When you buy cryptocurrencies on Coinbase, the platform keeps track of the amount you have invested by recording the purchase price and quantity of each transaction. The invested amount is then calculated by multiplying the purchase price by the quantity for each transaction and summing up the results.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we use a similar method to calculate the invested amount. We keep a record of the purchase price and quantity for each transaction, and then calculate the total invested amount by multiplying the purchase price by the quantity for each transaction and summing up the results. This allows our users to easily track their investments in cryptocurrencies.
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