Post
Topic
Board Beginners & Help
Re: Trading and Taxes
by
figmentofmyass
on 22/01/2020, 09:47:13 UTC
You should build and track your trading portfolio there are some tools that you can use to track them.

Sample Binance you can follow the guide on exporting your all trading history from Binance. Once you have done on exporting your trading history from binance you will need a tracking tool to calculate your all profit and loss including fees like this tool https://cointracking.info/import/binance/index.php

good service---it's what i'm using this year. automatic fair market value calculation is a life saver. and they give a 5% discount when you pay with BTC.

check your imports carefully though. they screwed up the cost basis on some positions of mine, which i had to fix manually.

it's still the best tax portfolio tracker i've found. unfortunately the free plan only covers 200 transactions. most altcoin traders will need the pro package, which costs $120 per year.