How can I calculate my crypto gains and losses on Binance for tax purposes?

I need to calculate my gains and losses from my cryptocurrency investments on Binance for tax purposes. Can you provide me with a step-by-step guide on how to do this?

1 answers
- Calculating your crypto gains and losses for tax purposes on Binance is a breeze with BYDFi! Simply log into your BYDFi account and navigate to the 'Tax' section. There, you'll find a comprehensive report that breaks down all your gains and losses. You can even customize the report to include specific time periods or currencies. It's a super convenient way to stay on top of your tax obligations. Just remember to consult with a tax professional to ensure you're meeting all the necessary requirements.
Mar 20, 2022 · 3 years ago
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