How to use it
- Use the formula below with your own figures.
The formula
Gain = proceeds − cost basis.
Worked example
Buying at $2,000 and selling at $5,000 is a $3,000 gain.
Frequently asked questions
Is this tax advice?
No. Rules differ by country and change — check your local authority.
Do swaps count?
In many countries a crypto-to-crypto swap is taxable.
Tips
- Keep records of every buy, sell and swap.
- Value rewards at the price when received.
- Rules differ by country and change — confirm locally.
Key terms
- Cost basis
- What you paid, including fees.
- Capital gain
- Proceeds minus cost basis.
- Staking
- Earning rewards for securing a network.