Balaram Balaram kumarDec 22, 2021 · 3 years ago4 answers What is the most efficient way to calculate FIFO and LIFO for cryptocurrency transactions?
I'm looking for the most efficient method to calculate FIFO (First-In, First-Out) and LIFO (Last-In, First-Out) for cryptocurrency transactions. Can anyone provide insights on how to accurately calculate the gains or losses using these methods? I want to ensure that I am properly accounting for the order in which I acquired and sold my cryptocurrencies. Any tips or suggestions would be greatly appreciated!