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Binance Beginnings: How Do I Find The Price I Paid For Cryptocurrencies?
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This post was originally published on my Medium blog on here. I hope you enjoy and find this helpful! Binance Exchange I’m starting to find that there are way too many beginners entering cryptocurrency and far, far too few resources for beginners to expedite their learning. With that said,I will begin typing up small, but helpful tips or mini-tutorials on how to do stuff at certain exchanges or with certain cryptocurrency-centric products.
The First in the ‘Binance Beginnings’ Series: Order & Trade History
As we approach tax season, I am finding many people in my network are nervous about taxes when it comes to their cryptocurrency trades and are having trouble navigating. With that said, the ‘Binance Beginnings’ series will contain a string of helpful mini-tutorials or more in-depth explanations for cryptocurrency beginners that Binance otherwise may not provide. Please give me feedback on whether this was helpful or not and how it can be improved!
The cool part about Binance is that if you click ‘Order History’ instead of ‘Trade History,’ it will show you all of your all of your trade history along with all the open orders you have put into the order book and then cancelled in the past. So it shows everything you will find in ‘Trade History’ in addition to all of your cancelled trades.
This could be helpful if you want to look back at certain opportunities you might have taken, but decided last minute to cancel the trade — reflecting on trade decisions is a good way to learn about the health of your decision making process too.
Step 3 — Sort through your orders on the ‘Trade History’ page:
Clicking on the ‘Trade History’ button will bring you to a page with all of your historical trades and the corresponding information. Even better, we have the ability to export our trade information into a spreadsheet — this data export feature makes a meeting with your tax professional much easierbecause you’ll have all of your trades on the exchange in a consolidated spreadsheet ready to add up and figure out your profit & losses.
There we have it! You can now easily find your trade and order history on the Binance exchange if you were having trouble finding it before. If you haven’t yet, take a look at the other Binance content I have created:
Below are some resources for beginning cryptocurrency enthusiasts or others interested in something new:
The links below include affiliate/referral links which help support me as a writer. I do not get paid to write and this is my only means to generating income for writing. Thank you in advance and hope these resources are helpful to you. I only include resources in this list that I have used in the past.
CEX.io— Buy Bitcoin w/ credit card, ACH bank transfer, SEPA transfer, cash, or AstroPay. Credit purchases are instant.
CoinPayments — Receive payment via 70+ different cryptocurrencies — the crypto-PayPal.
CoinMama — purchase Bitcoin and Ethereum w/ credit/debit cards & using cash through WesternUnion on their platform. Best for Euro purchases.
Bit-Z— Newer Top 20 cryptocurrency exchange adding new, ICO coins all the time.
Exmo Exchange— just launched their own coin and adding robust features to the trading platform.
Gate.io — Cryptocurrency exchange listing new coins — get 10% off trading fees if you register with this link.
CryptoPay— Spend your crypto. Can order a Euro, US Dollar or Pound crypto-debit card. Get 25% off using this link.
LinkCoin— Your ticket to using LinkCoin, Bibox, and Bibox365 exchange products and ICO’s — mainly Asian cryptocurrencies that are not available on other exchanges.
I am the author of this piece of content and the original can be found on my Medium blog here . Hello! As you may have heard, NEO Blockchain has been considered the ‘Chinese Ethereum’ for about a year now since the project re-branded from Antshares. This is because NEO will perform similar functions as Ethereum does as a platform for decentralized applications with smart contract capabilities, among other tech integrations. NEO’s NEP-5 token standard is synonymous to Ethereum’s ERC-20 token standard in terms of what they mean to the individual networks. Since the inception of ERC-20, there have been over 85,000 tokens created on the Ethereum blockchain network , just under that particular standard. This is a major focus in NEO’s growth strategy, but instead of taking Ethereum’s radically decentralized approach, NEO grows stronger with regulatory compliance standards — meaning, NEO is poised for institutional capital to flow into the network as they continue buil
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This post was originally published on my Medium blog on January 28th, 2018 and can be found here . I hope you enjoy and find this helpful! Source: BlockchainHub Looking at the history of Initial Coin Offerings above from BlockchainHub , we can see that they have raised quite a bit of capital over time — specially in 2017. Since then, 100’s of ICO’s have popped up claiming to create innovative technology while many of them have turned out to be scams. At the same time, there are hundreds of great projects that are not scams and actually building new technology . In this example, I’ll use Blocklancer’s live ICO as an example of minimum , baseline Due Diligence for ICO investing . This piece will quickly dive into the following steps in my minimum due diligence process — the process becomes more detailed with higher amounts of capital invested: - Business Plan, White Paper and/or Strategic Outline (Industry/Market Problems with Proposed Solutions) - Token utility
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