Key Takeaways
- Use the free cryptocurrency profit calculator to calculate how much profit or loss you have made from any particular coin.
- The calculator requires you to input the initial investment, initial cryptocurrency price, crypto sale price, investment fee, and exit fee to calculate the total profit/loss.
- The calculator is designed to be easy to use without requiring knowledge of complicated mathematics.
- You can also use the Crypto Tax Calculator to estimate the amount of tax you need to pay and find the top crypto tax software for Australians.
Use our free cryptocurrency profit calculator below to calculate how much you made or lost from any particular coin.
How to use our Crypto Profit/Loss Calculator
We have made our calculator as simple as possible so that anyone can find out how much profit or loss they made on any cryptocurrency, without any knowledge of complicated mathematics. If you do not understand any of the fields above, here is a quick description of each of them:
Initial investment: This is the amount that you spent on a coin. For example, if you bought $2,000 worth of Bitcoin, the initial investment is $2,000.
Initial cryptocurrency price (per coin): This is the price of each coin at the time that you purchased it. For example, if the price of Bitcoin was $35,000 when you purchased it, type in $35,000 into this field.
Crypto sale price (per coin): This is the price of each coin at the time that you sold it. For example, if the price of Bitcoin was $45,000 when you sold it, type in $45,000 into this field. If you have not sold your crypto yet, but you want to calculate how much profit you have made so far, then you enter the price of one coin today. If Bitcoin is worth $50,000 today, then type $50,000 into this field.
Investment fee (%): This is the fee that the crypto exchange charges you for a purchase. For example, if the trading fee is 1%, type "1" into this field.
Exit fee (%): This is the fee that the crypto exchange charges you when you sell crypto. For example, if the trading fee is 1%, type "1" into this field.
Investment fee: This is automatically calculated, and is the dollar amount that you spent on fees to purchase the cryptocurrency.
Exit fee: This is automatically calculated, and is the dollar amount that you spent on fees to sell the cryptocurrency.
Total profit/loss: This is automatically calculated, and is the profit or loss from your cryptocurrency, taking into account all the fees that were paid.
Total: This is automatically calculated, and is the remaining dollar amount from your initial investment.
Total profit/loss (%): This is automatically calculated, and is the profit or loss from your cryptocurrency, including fees, expressed as a percentage of your initial investment.
You can also use our Crypto Tax Calculator to estimate how much tax you will need to pay. If you have made a large number of transactions, you will most likely need to use crypto tax software to calculate the taxes you owe for last financial year. You can read our article on the top crypto tax software for Australians.
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