What is the amount realized formula in the context of cryptocurrency trading?

3 answers

• Dec 26, 2021 · 3 years ago
  The amount realized formula in cryptocurrency trading is calculated by subtracting the cost basis from the selling price of the cryptocurrency. This formula helps determine the profit or loss made from the sale of a cryptocurrency. For example, if you bought a Bitcoin for $10,000 and sold it for $12,000, the amount realized would be $2,000. It's important to consider any transaction fees or taxes that may affect the final amount realized.
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• Dec 26, 2021 · 3 years ago
  When it comes to cryptocurrency trading, the amount realized formula is pretty straightforward. You take the selling price of the cryptocurrency and subtract the cost basis. The result is the amount realized, which represents the profit or loss from the trade. Just remember to factor in any fees or taxes that may apply to the transaction.
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• Dec 26, 2021 · 3 years ago
  The amount realized formula in cryptocurrency trading is calculated by taking the selling price of the cryptocurrency and subtracting the cost basis. This formula helps determine the net gain or loss from the trade. It's important to keep track of your cost basis and selling price to accurately calculate the amount realized. Remember to consider any fees or taxes that may impact the final amount.
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