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This setting decides at which price your coins will be converted into your selected currency.
The counterpart price of your trade will be taken.
When you buy 1 BTC for 500 USD, we will convert 500 USD into your selected currency according to the trade price.
This setting is realistic, as it contains the spread and the fee. That's why your "Cost per Unit" will be slightly higher than the "Sell Price per Unit".
Shown in BTC, the above example may result in something like: Buy 1 BTC for 1.02 BTC (assuming 2% spread or fee).
Only if you did a perfect trade, without any spread and fee (what's nearly impossible), both values will be equal.
The transaction price of your trade will be taken.
When you buy 1 BTC for 500 USD, we will convert 1 BTC into your selected currency according to the trade price.
This setting contains only the actual transaction price. Spreads, fees and other additional costs will be ignored. Your "Cost per Unit" will be exactly the same as the "Sell Price per Unit".
Shown in BTC, the above example will result exactly in: Buy 1 BTC for 1 BTC.
Best Prices: (recommended)
The currency with the lowest conversion difference (spread) is used in this order:
1. Fiat currencies (USD, EUR, GBP...)
2. Bitcoins (BTC)
3. Altcoins and commodities (ETH, LTC, XAG...)
Changes the calculation method.
You can find an explanation and examples on the Tax-Report page.
Changes the method for the cost basis calculation.
Average of unsold Assets as Cost Basis is recommended. But use it only, if all your purchases and sales are set correctly.More details.
Displays all values in either your account currency or in BTC.
We do not just convert the Fiat value into BTC, but we calculate the Bitcoin value of every single transaction.
Because of BTC price changes, it's absolutely possible, that your BTC gain is negative, but your Fiat gain positive.
Select between digital currencies (BTC, ETH...), commodities (Gold, Silver...), real currencies (USD, EUR...) or all together.
We are recommending "Only digital currencies".
Add Deposits & Withdrawals to remaining amount:
Disable: Calculates all gains and the costs basis from trades only. (recommended)
The remaining amount of a coin can deviate from the values in the dashboard, because deposits and withdrawals will not be included.
Enable: Includes all deposits and withdrawals into the calculation.
Gains and the cost basis will change as deposits and withdrawals do not have a cost basis.