Free Avalanche (AVAX) Profit Calculator

Calculate profits or losses on your Avalanche (AVAX) trades with CoinLedger's free Avalanche Profit calculator!

RATED 4.8

Track Your Entire Portfolio For Free With CoinLedger

Trusted by 400,000+ investors

Get Started

adam
Adam Zentini
US
  • star
  • star
  • star
  • star
  • star
Jun 16, 2021
AWESOME EXPERIENCE!!!
I went to CoinLedger this year because a friend of mine recommended them. I was connected with a human who walked me right through everything. It is so nice knowing I won’t have to dread crypto taxes!
jay
Jay
US
  • star
  • star
  • star
  • star
  • star
Dec 12, 2022
I tried couple of other Crypto tax...
I tried couple of other Crypto tax platforms and I cansurely say that Coinledger.io was the best. They help you all the way through the end before you have to pay anything at all. They have great featureslike intuitive UI, ease of use /UX, fast app performance and great customer service agents like Aimee, who helped through the process and also checked things in the backend before a paid single penny. Kudos to the team. I will be a return customer. PS: No, they did not give me any discounts to post this. :)
jason
Jason
US
  • star
  • star
  • star
  • star
  • star
Jun 15, 2021
I’m a noob to crypto - Love CoinLedger
The customer service is insanely good. E-mails are typically answered within hours (sometimes faster) by folks that clearly understand crypto taxes and really seem to care. If only the exchanges were so good! Worth the $$$. Zero regret.
robert
Robert
US
  • star
  • star
  • star
  • star
  • star
Mar 6, 2021
Great Product!
Easier than I thought it would be! Just knowing next year will be just as easy is comforting.
kirk
Kirk B
US
  • star
  • star
  • star
  • star
  • star
Sep 6, 2021
Best few $$ I ever spent
I dragged my feet for months in completing my taxes, but now it’s Sept and the dreaded tax deadline is looming. I found CoinLedger and in 15 min I was done. Unreal! Thank You!
michelle
Michelle D
US
  • star
  • star
  • star
  • star
  • star
Nov 25, 2021
Excellent product
Excellent product, excellent customer service — Jon helped me out back and forth multiple times over several days to help me solve a problem and answer questions about crypto taxes in general.
reiko
Reiko Rivera
US
  • star
  • star
  • star
  • star
  • star
Mar 17, 2021
I can’t say enough good things
I was apprehensive about trying to file taxes with my limited knowledge on the topic. I tried for several hours to do it myself. With CoinLedger, I was done with the filling process in 10 minutes.

CoinLedger: The #1 portfolio tracker on the market

Looking for an easy way to track your crypto gains and losses? Try CoinLedger — the portfolio tracker trusted by 400,000+ users around the world.

All Your Transactions — At Your Fingertips

CoinLedger can connect your wallets and exchanges so you can see all of your gains, losses, and income at a glance!

Industry-Best Security

CoinLedger uses industry-best practices to keep your data safe — including end-to-end encryption, virtual private cloud (VPC) with network access control lists (ACLs), and more!

Track Your Portfolio For Free

With CoinLedger, you can track your gains, losses, and income from cryptocurrency completely for free! You’ll only pay if you want to download a tax report.

How to use the Avalanche (AVAX) Profit Calculator

The Avalanche profit calculator allows you to estimate your gains/losses from cryptocurrency! Whether you’re dreaming of a huge gain or trying to calculate the profits from past investments, our free Avalanche Profit Calculator has you covered.

1. Choose the relevant cryptocurrency (ETH, BTC, etc.) This field is optional — you can simply enter the Buy and Sell Price.

2. In the ‘Investment’ field, enter the amount of cryptocurrency that you’ve invested. For example, if you’ve invested $300 in Avalanche, enter $300.

In ‘Buy Price’ and ‘Sell Price’, enter the fair market value of your cryptocurrency at the time you acquired it and the price you disposed of it. For example, if the price of Avalanche was $50,000 when you bought it and $52,000 when you sold it, you should enter $50,000 as your Buy Price and $52,000 as your Sell Price.

4. Any relevant fees you paid to acquire your cryptocurrency should be entered in the field labeled ‘Investment Fee’. Any fees you paid to dispose of your crypto should be inputted in the field labeled ‘Exit Fee’. If you don’t have this information, you can leave these fields blank.

5. Once you’ve finished the steps above, you’ll be able to see your total gain/loss!

How do I use the Avalanche What If Calculator?

The Avalanche What If Calculator is designed to show you what your Return on Investment would be today if you invested in Avalanche or another cryptocurrency in the past!

1. Enter your starting investment amount (ex. $1,000).

2. Enter the type of cryptocurrency (ex. Bitcoin, Ethereum, etc.)

3. Enter a starting date (ex. 09/23/2010)

Once you’ve inputted the relevant information, the What If Calculator will show your Return on Investment and what the current value of your investment would be if you held your cryptocurrency continuously!

How do I track my gains and losses automatically?

Looking for an easy way to track your gains and losses from your entire crypto portfolio? CoinLedger makes it easier than ever to track your cryptocurrency across all your wallets and exchanges!

Just connect your wallets and exchanges to CoinLedger and the platform will automatically track your gains and losses for all of your crypto-assets!

CoinLedger takes steps to keep your data safe. The platform uses ‘Read Only’ API keys — meaning the platform can’t make any trades or move any assets on your account!

logo
Get Started With A Free Account Today
Get Started

How do you calculate profit in crypto?

You can use the following formula to calculate your gains and losses in cryptocurrency.

Gain/Loss = Proceeds - Cost Basis

In this case, your proceeds are the fair market value of your cryptocurrency at the time of disposal, minus the cost of any fees related to the disposal.

Meanwhile, your cost basis is the fair market value of your crypto at the time of receipt, plus the cost of any fees related to acquisition.

How do I calculate crypto taxes

In the United States, cryptocurrency is subject to income and capital gains tax.

You can calculate your income based on the fair market value of any cryptocurrency you earned at the time of receipt. Examples of crypto income include mining, staking, and referral rewards.

You can calculate your capital gains based on the profit you made from disposing of cryptocurrency. Examples of crypto disposals include selling and trading away cryptocurrency.

Looking for an easy way to calculate your crypto taxes? Check out our free crypto tax calculator.

Should I reinvest my crypto profits?

Before you reinvest your crypto profits, you should consider your unique financial situation. There are a few factors to consider.

While reinvesting your profits from cryptocurrency can potentially lead to a larger return in the future, some investors choose to hold their gains in cash or invest in less volatile assets — such as stocks and real estate.

It’s also important to remember that selling or disposing of crypto is subject to capital gains tax. You should be sure that you have the cash on hand to pay your tax bill before you reinvest your profits.

Generally, you should never invest more in cryptocurrency than you can afford to lose.

What is the best percentage to take profit in crypto?

It’s important to remember that the ‘best percentage to take profit in crypto’ may differ for each investor. The exact number may depend on your specific situation and your specific risk preferences.

Many investors choose to measure their own returns against the S&P 500. Historically, the S&P 500 averaged a 11.88% annual return from 1957 to the end of 2021.

In general, the higher return that you aim for, the more risk that you take on. It’s important to remember that the cryptocurrency market is exceptionally volatile and that large price increases are sometimes followed by large price crashes. You should speak with a financial advisor if you’re considering selling your crypto.

Profit calculators for other cryptocurrencies

Trying to calculate profits for other cryptocurrencies in your portfolio?
Explore more of our crypto profit calculators below.

ellipseellipsecalculator

Calculate Your Crypto Taxes

  • Check
    No credit card needed
  • Check
    Instant tax forms
  • Check
    No obligations
Get Started For Free
percent
ellipseellipse