Cryptocurrency Calculator and Converter Online

Determine your profits and losses for each cryptocurrency in your portfolio. Using below table, you can check how LINK profitable it is to mine selected altcoins in comparison to ethereum classic. Please note that calculations are based on mean values, therefore your final results may vary.

Look at its cryptocurrency calculator history and the total supply of coins/tokens being created. Don’t succumb to FOMO and buy into a coin that has just skyrocketed in price because of hype; this is a surefire way to lose money quickly! Stay away from hype-driven coins and focus on projects with real-world use cases instead.

Sort out your taxnightmare

Another https://www.beaxy.com/ant factor when investing in crypto is diversification. Don’t put all your eggs in one basket, and don’t invest more than you can afford to lose. Understand why price changes happen, then act accordingly. If it seems like there has been some major news announcement that caused all markets to go haywire overnight, try researching more information on those stories before reacting too hastily. According to this calculation method, we made a 50% profit ($5,000). By subtracting the buy amount from the selling price, you will know for certain if you made a profit.

Did my taxes in a few hours and going to my tax guy tomorrow. Identify, track and organize all of LTC your crypto activity across hundreds of exchanges, blockchains and wallets with ease. A stop-loss order is an order to sell a security once it reaches a certain price.

Supports over 130+ cryptocurrency wallets and exchanges

We have an annual subscription which covers all previous tax years. If you need to amend your tax return for previous years you will be covered under the one payment. We also offer a 30 day 100% money back guarantee, where if you contact our support team you can collect a full refund. In 2017, crypto market cap was $ 17.63B and reached $ 568.92B by the end of the year. Crypto assets are highly volatile and largely unregulated.

In the United States, cryptocurrency is considered a form of property and is subject to capital gains and income tax. So, you can be rest assured that the prices you see on this page are the best possible rates you can sell your cryptocurrencies in Nigeria or Ghana. If you need further help or clarification, feel free to contact us.

I would really like to have basic calculator functions

We’ve built our cryptocurrency tax calculator around BMF’s guidance. After uploading your transaction history to Divly, Divly will provide a cryptocurrency tax report with all the information needed to declare on your tax returns. To use the mining calculator for profitability, enter the hashrate for your crypto miners for each of the supported mining algorithms. We cover hundreds of exchanges, wallets, and blockchains, but if you do not see your exchange on the supported list we are more than happy to work with you to get it supported. Just reach out to or via the in-app chat support feature and we will get you sorted. Before you invest, look at the coin’s roadmap, whitepaper, social media channels, and exchanges that it’s listed on.

By using this website, you accept our Terms of Use and Privacy Policy. We take the most advanced security measures to ensure that your account is as safe as possible. Needs to review the security of your connection before proceeding.

Diversify your Investments

World currency prices are based on rates obtained via Open Exchange Rates. CoinLedger directly connects to hundreds of exchanges like Coinbase and wallets such as MetaMask. Simply connect your accounts and let CoinLedger calculate your gains and losses across all of your transactions. Once you’re done importing, you can generate a comprehensive crypto tax report with the click of a button. We’ve created this crypto profit calculator to help you calculate your crypto profit and loss.

cryptocurrency calculator takes advantage of German regulations to ensure only your short-term crypto investments are taxed. Where does the prices of cryptocurrencies come from? Insert how much the coin price was when you invested in “Initial Coin Price” field, or select a coin from the “Select a coin” dropdown to fetch current cryptocurrency price. APR is an estimate of rewards you will earn in Cryptocurrency over the selected timeframe.

There are two ways in which you can calculate profit or loss on cryptocurrencies. Of all portfolio managers on the market, CoinStats supports the most number of wallets and exchanges. It’s really a cool platform that connects all of my portfolios into one place. A cryptocurrency converter is a tool that allows you to convert any cryptocurrency into its corresponding dollar amount and vice versa. Our free crypto tax tool is designed to help you estimate the tax impact of your cryptocurrency disposals only.

DCA (Dollar-cost averaging), this method is used in crypto trading to beat the volatility, by investing equal amounts at regular period of time no matter what the price of the crypto you’re byuing. In the cards you will see your investment amount, coin amount based on how much you invested, profit/loss, investment fee and total amount. When the profit/loss number is green means profit, when red it’s loss. In the list below you can see all the currencies that the application supports and can actively convert.