NFTs

  • The "Cost Basis" for NFTs is set when an NFT is purchased.

  • Gains are only shown when the NFT is sold from the same wallet it was purchased from

  • NFT transfers (as opposed to a sale) are ignored in FIFO gain calculations. No gain is realised.

  • For NFTs received via airdrop, the cost basis is considered 0.

  • For unrealised gains of an NFT, the market value and the cost basis are considered 0 - as the token is not tradable/liquid.

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