How To Calculate How Much You Paid On Binance?

When you have completed all the documents that are needed in order to buy, sell or trade in cryptocurrencies on binance.com, you will be redirected to your user dashboard where they will ask you to let them know how much money you intend on depositing with binance. The amount of money they accept are always limited, so at any time there is a limit set for how much one can deposit before being restricted from trading again if their account falls below the specified minimums.

After this is done, you will be shown an invoice which shows what price was paid for the cryptocurrency given that previous transaction and how much it cost at that time based on its current price. This invoice has to be submitted into tax documentation in order for the exchange to understand what cryptocurrency taxable income should be taxableed; other than this we do not need anything other than the sum of net profits over above capital used as outlined above: