Cryptocurrency Q&A
Does Coinbase keep track of losses?
Does Coinbase keep track of losses?
CryptoWanderer
Fri Dec 06 2024
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6 answers
1207
I'm wondering if Coinbase keeps a record of losses. I want to know if they track the losses incurred by their users in their transactions.
6 answers
EnchantedSky
Sun Dec 08 2024
Next, we subtract your cost-basis from these proceeds.
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Carlo
Sun Dec 08 2024
The cost-basis is the amount of money you originally paid to acquire the cryptocurrency.
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DongdaemunTrend
Sun Dec 08 2024
By subtracting the cost-basis from the proceeds, we determine the difference.
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Pietro
Sun Dec 08 2024
When calculating the financial outcome of selling cryptocurrency, we start by considering the proceeds.
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Chiara
Sun Dec 08 2024
The proceeds represent the amount of money you received in exchange for your crypto assets when you sold them.
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