How to use the TokenTax free crypto profit calculator
TokenTax’s free crypto profit calculator is a quick, no-sign-in tool that turns simple trade inputs (buy price, sell price, amount invested, and any fees) into an instant profit-or-loss readout. Adjust the numbers as many times as you like to test different market scenarios before you place a trade. Unlock the power of TokenTax's crypto profit calculator with these simple steps:
Currency Selection
Choose your base currency, such as USD, for accurate calculations.
Cryptocurrency Selection
Pick from various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and more.
Investment Details
Input the amount invested and the buy and sell prices of your chosen cryptocurrency.
Fee Inclusion
Add relevant investment or exit fees to ensure precise profit or loss calculations.
Outcome Analysis
The crypto profit calculator will provide a detailed breakdown of your profit or loss, total investment, and net return.
Calculate your crypto profit automatically
TokenTax syncs with your exchanges and wallets, pulls live market prices, and updates profit-and-loss figures in real-time, no spreadsheets required. Open an account, import API keys or wallet addresses, and the dashboard will show running gains, losses, and tax-ready reports in seconds.
How to calculate your crypto profit
To calculate your crypto gains and losses, apply this simple formula:
Profit or Loss = Sale Price - Purchase Price
Here, the Sale Price is the fair market value of your cryptocurrency when you sell it, minus any associated disposal fees. The Purchase Price is the fair market value of your crypto when you acquired it, plus any fees incurred during the purchase.
What is the best percentage to take profit in crypto?
The “right” profit target depends on your personal strategy. Some traders lock in gains once a coin rises 20 or 50 percent, while others scale out gradually, selling small blocks whenever the price moves higher. You can also anchor your goal to a traditional benchmark.
For example, exceeding the S&P 500’s long-run average return of about 11%. Whatever target you choose, remember that crypto swings far more than stocks and every sale creates a taxable event.bly high volatility in mind and understand the risks and tax implications when investing and taking profit.
Reinvesting in crypto profits
Reinvesting crypto profits can help grow wealth by compounding gains when the market trends up. However, selling or trading your crypto to reinvest triggers capital gains tax on any profits made. Profits on assets held for less than a year are subject to short-term capital gains tax, which is typically higher than the long-term rate. Before reinvesting, we strongly recommend setting aside funds for any tax liabilities.