Crypto cost basis across wallets is calculated by connecting acquisitions, disposals, transfers, swaps, fees, prices, and current positions across all wallets that belong to the portfolio.
This is difficult because a transfer is not always a sale, a swap can change the asset and cost basis, and DeFi or derivatives activity can add extra context.
Common Cost Basis Methods
Raster supports portfolio analytics using methods such as:
- FIFO
- LIFO
- HIFO
- Average cost
- Dynamic average cost
Cost basis is closely tied to UPnL, but it should not be treated as tax advice.
Where Raster Fits
Raster helps users understand cost basis, average entry, and UPnL as part of the portfolio view.
Explore Portfolio Analytics or learn more about Portfolio Truth.
FAQ
What is crypto cost basis?
Cost basis is the economic cost assigned to an asset position. It is used to calculate PnL.
Is this tax advice?
No. Raster provides analytics and context. Users should consult qualified tax professionals for tax reporting.