Calculate profits or losses on your Shiba Inu (SHIB) trades with CoinLedger's free Shiba Inu Profit calculator!
Loved by Customers
Everywhere
Matthew McDonald
10 reviews
19 photos
4 years ago
Just started using this. Had some a few issues that I sent a quick chat request to after 1AM in the morning EST, and they responded pretty instantly, including modifying their import process for a given Exchange due to said exchange changing their format and they made a code change in less than 24 hours to fix the issue. Awesome customer service.
brandonplaysdrums
80w
I have a feeling many frustrated people will leave Cointracker and use Coinledger this year! 👍
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2
Adam
1 review
AU
Apr 22, 2024
Great tools, exceptional service
These tools make life a lot easier and, if you need help with anything at all, the customer service is brilliant. The team replies within a day and they're focused on actually helping you (not just "dealing with" your help request). That's a sign of a solid company.
Veronique Denis
10 reviews
19 photos
2 months ago
Great company to work with.
Yuri was very professional and helped solve several issues I encountered. He was very patient even when I asked for some clarifications.
Thank you for all your help Yuri, you are excellent at your job.
Dan Swannie
1 review
US
Apr 19, 2024
Outstanding customer service
Outstanding customer service. Ben R has been extremely helpful, and I must say very responsive/timely with assisting me with downloading a couple of issues. The issues we really mine but Ben R took to the time to get me through them, rather than just referring me to the FAQ or Help menu's. The program makes it easy to identify potential issues with no associated cost. This is a welcomed change from the last (ZL) tax software I tried to use.
If anybody needs a solid crypto tax software let me know and I’ll refer you. I just finished mine via @CoinLedger.
8:25 PM
Feb 29, 2024
82 Views
Tiffanny Ruiz
13 reviews
14 photos
2 months ago
They did everything they promised they would, great support, great software, etc. Will continue to use for years to come
ginabadams
58w
Coin ledger is the BEST
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1
@CoinLedger thanks for adding it all up for me, very eye opening actually doing my crypto taxes correctly for a change 😂
3:49 AM
Apr 15, 2024
13 Views
Christopher Quiles
1 review
US
Mar 18, 2024
Great Customer Experience
I have used Coinledger the past 2 years. This year I had an issue with a missing cost basis, and Benjamin (Ben R) from their support team, saved me many hours of stress by helping solve my issues efficiently and throughly. He also took time to help answer additional questions I had about past and future tax transactions. I strongly recommend using Coinledger for your tax purposes. Great experience!
sharkeydrummond
25w
Bloody Awesome experience. Almost 600 transactions were taken care of instantly. Charged me only 100 bucks, and I love it.
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2
Christopher Jose Lilly
Thank you coinledger!!!
22w
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3
Dunno what I would do if I had to manually review all of my crypto buys sell stakes and gains for tax season
I used @CoinLedger to automatically generate all of my crypto tax reports for the year.
2:10 AM
Feb 27, 2024
44 Views
Andrew H
1 review
US
Mar 27, 2024
Great experience with CoinLedger
Great experience with CoinLedger. I've been in crypto for a couple cycles now, and it's always been a nightmare tracking transactions come tax time. Thankfully I came across CoinLedger - the interface is easy to understand, much of the coin tracking is automated, and there is live customer service/ chat if you have a question. Would give 10 stars if I could; highly recommended.
Joshua Taylor
I used coinledger this year - awesome piece of software to be honest. Really helped me compile all my gains from all my wallets and exchanges for an easy time during tax season
20w
Like
Reply
Hide
5
Matthew McDonald
10 reviews
19 photos
4 years ago
Just started using this. Had some a few issues that I sent a quick chat request to after 1AM in the morning EST, and they responded pretty instantly, including modifying their import process for a given Exchange due to said exchange changing their format and they made a code change in less than 24 hours to fix the issue. Awesome customer service.
Dan Swannie
1 review
US
Apr 19, 2024
Outstanding customer service
Outstanding customer service. Ben R has been extremely helpful, and I must say very responsive/timely with assisting me with downloading a couple of issues. The issues we really mine but Ben R took to the time to get me through them, rather than just referring me to the FAQ or Help menu's. The program makes it easy to identify potential issues with no associated cost. This is a welcomed change from the last (ZL) tax software I tried to use.
sharkeydrummond
25w
Bloody Awesome experience. Almost 600 transactions were taken care of instantly. Charged me only 100 bucks, and I love it.
Reply
Hide
2
Christopher Jose Lilly
Thank you coinledger!!!
22w
Like
Reply
Hide
3
brandonplaysdrums
80w
I have a feeling many frustrated people will leave Cointracker and use Coinledger this year! 👍
Reply
Hide
2
Dunno what I would do if I had to manually review all of my crypto buys sell stakes and gains for tax season
I used @CoinLedger to automatically generate all of my crypto tax reports for the year.
2:10 AM
Feb 27, 2024
44 Views
If anybody needs a solid crypto tax software let me know and I’ll refer you. I just finished mine via @CoinLedger.
8:25 PM
Feb 29, 2024
82 Views
Tiffanny Ruiz
13 reviews
14 photos
2 months ago
They did everything they promised they would, great support, great software, etc. Will continue to use for years to come
Adam
1 review
AU
Apr 22, 2024
Great tools, exceptional service
These tools make life a lot easier and, if you need help with anything at all, the customer service is brilliant. The team replies within a day and they're focused on actually helping you (not just "dealing with" your help request). That's a sign of a solid company.
ginabadams
58w
Coin ledger is the BEST
Reply
Hide
1
Veronique Denis
10 reviews
19 photos
2 months ago
Great company to work with.
Yuri was very professional and helped solve several issues I encountered. He was very patient even when I asked for some clarifications.
Thank you for all your help Yuri, you are excellent at your job.
Christopher Quiles
1 review
US
Mar 18, 2024
Great Customer Experience
I have used Coinledger the past 2 years. This year I had an issue with a missing cost basis, and Benjamin (Ben R) from their support team, saved me many hours of stress by helping solve my issues efficiently and throughly. He also took time to help answer additional questions I had about past and future tax transactions. I strongly recommend using Coinledger for your tax purposes. Great experience!
Joshua Taylor
I used coinledger this year - awesome piece of software to be honest. Really helped me compile all my gains from all my wallets and exchanges for an easy time during tax season
20w
Like
Reply
Hide
5
Andrew H
1 review
US
Mar 27, 2024
Great experience with CoinLedger
Great experience with CoinLedger. I've been in crypto for a couple cycles now, and it's always been a nightmare tracking transactions come tax time. Thankfully I came across CoinLedger - the interface is easy to understand, much of the coin tracking is automated, and there is live customer service/ chat if you have a question. Would give 10 stars if I could; highly recommended.
@CoinLedger thanks for adding it all up for me, very eye opening actually doing my crypto taxes correctly for a change 😂
3:49 AM
Apr 15, 2024
13 Views
Adam Zentini
US
Jun 16, 2021
AWESOME EXPERIENCE!!!
I went to CoinLedger this year because a friend of mine recommended them. I was connected with a human who walked me right through everything. It is so nice knowing I won’t have to dread crypto taxes!
Jay
US
Dec 12, 2022
I tried couple of other Crypto tax...
I tried couple of other Crypto tax platforms and I cansurely say that Coinledger.io was the best. They help you all the way through the end before you have to pay anything at all. They have great featureslike intuitive UI, ease of use /UX, fast app performance and great customer service agents like Aimee, who helped through the process and also checked things in the backend before a paid single penny. Kudos to the team. I will be a return customer. PS: No, they did not give me any discounts to post this. :)
Jason
US
Jun 15, 2021
I’m a noob to crypto - Love CoinLedger
The customer service is insanely good. E-mails are typically answered within hours (sometimes faster) by folks that clearly understand crypto taxes and really seem to care. If only the exchanges were so good! Worth the $$$. Zero regret.
Robert
US
Mar 6, 2021
Great Product!
Easier than I thought it would be! Just knowing next year will be just as easy is comforting.
Kirk B
US
Sep 6, 2021
Best few $$ I ever spent
I dragged my feet for months in completing my taxes, but now it’s Sept and the dreaded tax deadline is looming. I found CoinLedger and in 15 min I was done. Unreal! Thank You!
Michelle D
US
Nov 25, 2021
Excellent product
Excellent product, excellent customer service — Jon helped me out back and forth multiple times over several days to help me solve a problem and answer questions about crypto taxes in general.
Reiko Rivera
US
Mar 17, 2021
I can’t say enough good things
I was apprehensive about trying to file taxes with my limited knowledge on the topic. I tried for several hours to do it myself. With CoinLedger, I was done with the filling process in 10 minutes.
How to use the Shiba Inu (SHIB) Profit Calculator
The Shiba Inu profit calculator allows you to estimate your gains/losses from cryptocurrency! Whether you’re dreaming of a huge gain or trying to calculate the profits from past investments, our free Shiba Inu Profit Calculator has you covered.
1. Choose the relevant cryptocurrency (ETH, BTC, etc.) This field is optional — you can simply enter the Buy and Sell Price.
2. In the ‘Investment’ field, enter the amount of cryptocurrency that you’ve invested. For example, if you’ve invested $300 in Shiba Inu, enter $300.
In ‘Buy Price’ and ‘Sell Price’, enter the fair market value of your cryptocurrency at the time you acquired it and the price you disposed of it. For example, if the price of Shiba Inu was $50,000 when you bought it and $52,000 when you sold it, you should enter $50,000 as your Buy Price and $52,000 as your Sell Price.
4. Any relevant fees you paid to acquire your cryptocurrency should be entered in the field labeled ‘Investment Fee’. Any fees you paid to dispose of your crypto should be inputted in the field labeled ‘Exit Fee’. If you don’t have this information, you can leave these fields blank.
5. Once you’ve finished the steps above, you’ll be able to see your total gain/loss!
How do I use the Shiba Inu What If Calculator?
The Shiba Inu What If Calculator is designed to show you what your Return on Investment would be today if you invested in Shiba Inu or another cryptocurrency in the past!
1. Enter your starting investment amount (ex. $1,000).
2. Enter the type of cryptocurrency (ex. Bitcoin, Ethereum, etc.)
3. Enter a starting date (ex. 09/23/2010)
Once you’ve inputted the relevant information, the What If Calculator will show your Return on Investment and what the current value of your investment would be if you held your cryptocurrency continuously!
How do Itrack my gains and losses automatically?
Looking for an easy way to track your gains and losses from your entire crypto portfolio? CoinLedger makes it easier than ever to track your cryptocurrency across all your wallets and exchanges!
Just connect your wallets and exchanges to CoinLedger and the platform will automatically track your gains and losses for all of your crypto-assets!
CoinLedger takes steps to keep your data safe. The platform uses ‘Read Only’ API keys — meaning the platform can’t make any trades or move any assets on your account!
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How do you calculate profit in crypto?
You can use the following formula to calculate your gains and losses in cryptocurrency.
Gain/Loss = Proceeds - Cost Basis
In this case, your proceeds are the fair market value of your cryptocurrency at the time of disposal, minus the cost of any fees related to the disposal.
Meanwhile, your cost basis is the fair market value of your crypto at the time of receipt, plus the cost of any fees related to acquisition.
How do Icalculate crypto taxes
In the United States, cryptocurrency is subject to income and capital gains tax.
You can calculate your income based on the fair market value of any cryptocurrency you earned at the time of receipt. Examples of crypto income include mining, staking, and referral rewards.
You can calculate your capital gains based on the profit you made from disposing of cryptocurrency. Examples of crypto disposals include selling and trading away cryptocurrency.
Looking for an easy way to calculate your crypto taxes? Check out our free crypto tax calculator.
Should Ireinvest my crypto profits?
Before you reinvest your crypto profits, you should consider your unique financial situation. There are a few factors to consider.
While reinvesting your profits from cryptocurrency can potentially lead to a larger return in the future, some investors choose to hold their gains in cash or invest in less volatile assets — such as stocks and real estate.
It’s also important to remember that selling or disposing of crypto is subject to capital gains tax. You should be sure that you have the cash on hand to pay your tax bill before you reinvest your profits.
Generally, you should never invest more in cryptocurrency than you can afford to lose.
What is the best percentage to take profit in crypto?
It’s important to remember that the ‘best percentage to take profit in crypto’ may differ for each investor. The exact number may depend on your specific situation and your specific risk preferences.
Many investors choose to measure their own returns against the S&P 500. Historically, the S&P 500 averaged a 11.88% annual return from 1957 to the end of 2021.
In general, the higher return that you aim for, the more risk that you take on. It’s important to remember that the cryptocurrency market is exceptionally volatile and that large price increases are sometimes followed by large price crashes. You should speak with a financial advisor if you’re considering selling your crypto.
Profit calculators for other cryptocurrencies
Trying to calculate profits for other cryptocurrencies in your portfolio?
Explore more of our crypto profit calculators below.
