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How to do your crypto taxes easily - Crypto Tax CalculatorSubtract the cost basis of $32, from the proceeds of $35,, and your gain is $3, This amount is subject to long-term capital gains tax. Automatically calculates your crypto taxes for trades on Coinbase, Binance & + other exchanges. Import transactions. Track your profit and loss in real. Cost basis: What is it and how it can help you calculate your crypto taxes. The first step in figuring out how much you owe in taxes is known your crypto's cost.