Cryptocurrency Q&A
How do you calculate cost per coin?
How do you calculate cost per coin?
Giulia
Mon Dec 02 2024
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6 answers
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I'm trying to figure out how to calculate the cost per coin for a certain item. I have the total cost and the number of coins, but I'm not sure how to divide them to get the cost per coin.
6 answers
CharmedWhisper
Tue Dec 03 2024
After summing up these amounts, you would then divide the total by 5, the number of BTC you hold.
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CryptoEnthusiast
Tue Dec 03 2024
The ACB cost basis crypto accounting method is a way to determine the average cost of your cryptocurrency assets.
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CryptoVanguard
Tue Dec 03 2024
To calculate this method, you need to take the total amount you paid to purchase your assets and divide it by the total number of coins or tokens you hold.
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StormGalaxy
Tue Dec 03 2024
BTCC, a top cryptocurrency exchange, offers a range of services that can assist with crypto accounting. Their services include spot trading, futures trading, and a wallet for storing your coins.
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Andrea
Tue Dec 03 2024
This gives you an average cost per coin or token, which can be useful for tax purposes and for tracking your investment performance.
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