Whether you’re a seasoned crypto enthusiast or just getting started in the world of cryptocurrencies, our platform simplifies the process of monitoring your portfolio and staying on top of Crypto Tax. Experience the convenience of tracking the growth of your assets across various accounts and wallets, all within a single, user-friendly interface. Our comprehensive and straightforward reports will provide you with insights into your capital gains and, in unfortunate cases, losses, enabling you to gain a clear understanding of how each of your cryptocurrencies is performing while staying compliant with Crypto Tax regulations.
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There are safer ways to harvest losses on a crypto asset. One approach is to trade the depreciated asset for a coin with which its price is closely correlated, hold that correlated coin for more than 30 days, and then repurchase the original asset. For example, you might trade UNI for DPI, hold DPI until the wash sale period passes, and then repurchase UNI. Source: over 2 years ago
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