Cost Basis Methods

Cost Basis Methods provide different accounting approaches for calculating the purchase price of cryptocurrency assets when determining taxable gains or losses. These methods, including First-In-First-Out (FIFO), Last-In-First-Out (LIFO), and Highest-In-First-Out (HIFO), allow investors to optimize their tax reporting while maintaining compliance with regulatory requirements. Just as a store can track inventory costs differently, these methods offer flexibility in how cryptocurrency purchase prices are assigned to sales.

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Kryptos Portfolio Tracker

Kryptos Portfolio Tracker

Comprehensive cryptocurrency portfolio management platform offering automated tracking across 5000+ integrations, real-time analytics, tax reporting for 30+ countries, and advanced DeFi/NFT portfolio monitoring capabilities.

Last update: Sat Jan 04 2025
Recap

Recap

Comprehensive cryptocurrency portfolio tracking and tax reporting platform offering automated IRS form generation, multi-exchange integration, and real-time portfolio monitoring for US investors.

Last update: Sat Jan 04 2025
Coinpanda

Coinpanda

Comprehensive cryptocurrency tax and portfolio management platform offering automated tax reporting, real-time portfolio tracking, and NFT/DeFi position monitoring across 900+ exchanges and 2,000+ protocols.

Last update: Sat Jan 04 2025
CoinLedger

CoinLedger

Comprehensive cryptocurrency tax and portfolio management platform offering automated tax reporting, multi-exchange integration, NFT tracking, and professional accountant tools with official TurboTax partnership.

Last update: Sat Jan 04 2025
CryptoTaxCalculator

CryptoTaxCalculator

Comprehensive cryptocurrency tax reporting and portfolio management platform offering automated transaction importing from 1000+ sources, real-time portfolio tracking, and IRS-compliant tax documentation generation.

Last update: Sat Jan 04 2025
ZenLedger

ZenLedger

Comprehensive cryptocurrency tax software platform offering automated tax reporting, portfolio tracking, and compliance solutions. Supports 400+ exchanges, 7000+ tokens, DeFi, and NFT transactions.

Last update: Sat Jan 04 2025
CoinTracker

CoinTracker

Comprehensive cryptocurrency portfolio tracking and tax reporting platform supporting 500+ exchanges, 10,000+ cryptocurrencies, and automated DeFi detection. Features real-time monitoring and SOC compliance.

Last update: Sat Jan 04 2025
Blockpit

Blockpit

Comprehensive cryptocurrency tax and portfolio management platform offering automated tax calculations, portfolio tracking, and optimization across multiple jurisdictions with support for 250,000+ assets including DeFi and NFTs.

Last update: Sat Jan 04 2025
Koinly

Koinly

Comprehensive cryptocurrency tax and portfolio management platform offering automated transaction tracking, tax reporting in 20+ countries, and integration with 800+ exchanges, supporting DeFi, NFTs, and tax loss harvesting.

Last update: Fri Feb 07 2025