Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more

Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.

How to find the cost basis of your cryptocurrency balances and trades

Last updated: 24 лютага 2026 г.

Cost basis of trades

We can only provide trade information for the two currencies directly involved in your trade (i.e. the base currency and the quote currency).

Your cost basis is technically in the quote currency that was used in the transaction.

If you want to know the cash (USD/EUR/CAD) cost basis of a trade that doesn't involve that currency, you'll have to estimate this yourself based on historical market rates.

Tip: remember to include trading fees (if any) in the cost basis calculation.

Cost basis of deposits

There's no way for us to know the cost basis of cryptocurrencies deposited to Kraken.

You will need to find or estimate the value of the cryptocurrency from the place and date you originally obtained it.

Disclaimer

IMPORTANT: Countries differ on how cryptocurrency transactions, trades, and holdings are taxed (if at all) and how they view cryptocurrencies in general (e.g. as money, as property, as a commodity, etc). Please consult a local accountant, tax lawyer, and/or government official for advice.

How to find the cost basis of your cryptocurrency balances and trades

Cost basis of trades

Cost basis of deposits

Disclaimer

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