Yet one more instance: Let’s say that I buy 1 coin for 20 euros and alternate it for 3 different coins. In my instance, if you purchase coins for 10 euros and later trade them for other coins with a different value, the market value of this different forex being 32, as shown here, after I deduct the 10-euro buy value from 32 I would get 22 euros revenue and the tax would be 20%, or €4.40. Now we need to know how that buy value is decided. We’ve talked quite a bit about the truth that buy worth could be taken into consideration in all kinds of cryptoasset transactions.
Weighted common is self-explanatory: registration for binance Cyprus it's the average of all the purchase prices. There are two accepted methods: FIFO or weighted common. FIFO stands for ‘first-in, first-out’, which suggests the market price of the earliest x-coin bought is taken into consideration.
Benvenuto!
