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Is there a specific method to determine the price at which I bought a digital asset on Binance?

avatarKazuli_AktarDec 30, 2021 · 3 years ago3 answers

When trading digital assets on Binance, is there a specific method or tool available to determine the exact price at which I bought a particular asset? I want to have a clear record of my purchase price for tax purposes and to track my investment performance. How can I easily find this information?

Is there a specific method to determine the price at which I bought a digital asset on Binance?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Yes, Binance provides a transaction history feature that allows you to view the details of your trades, including the purchase price of each asset. To access this information, log in to your Binance account, go to the 'Trade' tab, and click on 'Order History'. From there, you can filter the results by date and asset to find the specific trade you are looking for. The purchase price will be listed under the 'Price' column. Make sure to keep a record of this information for your tax reporting and investment tracking purposes.
  • avatarDec 30, 2021 · 3 years ago
    Finding the purchase price of a digital asset on Binance is quite simple. Just follow these steps: 1. Log in to your Binance account. 2. Go to the 'Trade' tab. 3. Click on 'Order History'. 4. Use the search or filter options to find the specific trade you are interested in. 5. Look for the 'Price' column, which will display the purchase price. It's important to keep track of this information for tax purposes and to monitor your investment performance.
  • avatarDec 30, 2021 · 3 years ago
    If you are using BYDFi, a digital asset trading platform, to buy assets, you can easily determine the purchase price of a specific asset. Simply log in to your BYDFi account, go to the 'Transaction History' section, and search for the trade you want to check. The purchase price will be clearly displayed. Remember to keep a record of this information for tax reporting and investment tracking purposes. Happy trading!