I'm trying to figure out the average price I paid for my Bitcoins. I've made multiple purchases at different prices and I want to know the overall average cost per Bitcoin.
5 answers
noah_stokes_photographer
Thu Dec 26 2024
To determine the average price of cryptocurrency, one needs to follow a simple mathematical formula.
Isabella
Thu Dec 26 2024
This involves dividing the total cost incurred in purchasing the cryptocurrency by the total amount of crypto acquired.
Elena
Wed Dec 25 2024
By performing this division, you can ascertain the average price paid per unit of the cryptocurrency.
Claudio
Wed Dec 25 2024
This method is useful for investors who want to keep track of their investment performance and understand their cost basis.
Daniele
Wed Dec 25 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of crypto investors. Among these services are spot trading, futures trading, and wallet management.