Cryptocurrency Q&A
How to calculate profit in Binance?
How to calculate profit in Binance?
GangnamGlamour
Thu Jan 02 2025
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5 answers
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I want to know how to calculate the profit I've made on Binance. I've been trading cryptocurrencies on the platform and would like to understand how my trades are performing, specifically how much profit or loss I've incurred.
5 answers
CryptoMercenary
Fri Jan 03 2025
For investors in the cryptocurrency market, platforms like BTCC provide essential tools for calculating P&L.
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KpopStarletShineBrightnessStarlight
Fri Jan 03 2025
Profit and Loss (P&L) calculation is a crucial aspect of assessing the performance of an investment.
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Alessandra
Fri Jan 03 2025
BTCC is a top cryptocurrency exchange offering a range of services including spot trading, futures trading, and wallet management. These services allow users to buy, sell, and hold cryptocurrencies while leveraging advanced trading tools and features.
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Maria
Fri Jan 03 2025
Realized P&L is determined by subtracting the average purchase price from the transaction price and then multiplying the result by the amount held. This figure represents the actual profit or loss realized from selling an asset.
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Eleonora
Fri Jan 03 2025
On the other hand, Unrealized P&L is calculated by subtracting the average purchase price from the current price and multiplying the result by the amount hold. This figure indicates the potential profit or loss based on the current market value of the asset, without actually selling it.
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