Q: How does Gilded's Cost Basis functionality work?

A: Our FIFO report is a comprehensive view of your crypto disbursements to assist in calculating realized gains and losses. Gilded keeps track of your purchase history by lot, and automatically associates the respective lots at disbursement, using the FIFO method. This is included as a separate row on the report, making it easy to group by short, or long term gains and simplify tax preparation.

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