What is crypto profit or loss calculator?
Could you please elaborate on what a crypto profit or loss calculator is and how it functions? I'm interested in understanding how this tool can assist investors in tracking their cryptocurrency performance. Does it provide historical data analysis? How does it factor in things like trading fees and price fluctuations? Is it user-friendly, especially for those new to the crypto world? I'm also curious about the reliability and accuracy of these calculators, and if they can be trusted for making informed investment decisions. Thank you for your time and clarification on this topic.
Do you pay tax on crypto profit Australia?
Good day, I am a crypto investor in Australia and I have a question about taxes. Do I need to pay tax on my crypto profit in Australia? I understand that the crypto industry is relatively unregulated and tax laws can be quite complex. Could you please clarify the tax implications of crypto profits in Australia and provide any relevant guidelines or resources that I could refer to? Thank you for your help!