Easily calculate the average cost of your cryptocurrency purchases
๐ Enter Purchase History
Crypto Name
Purchase Price
Quantity
Purchase Amount
Action
$0
๐ฐ Calculation Results
๐ก
How to Use
Enter the crypto name, purchase price, and quantity
If you purchased the same crypto multiple times, click 'Add Row' to add more entries
Click 'Calculate Average' to calculate the average cost for each crypto
The purchase amount is automatically calculated and displayed
Supports up to 8 decimal places (Satoshi units supported)
๐ช
What is Average Cost?
The average cost (or cost basis) is the average purchase price when you buy the same cryptocurrency multiple times.
It's calculated by dividing the total purchase amount by the total quantity.
Formula: Average Cost = Total Purchase Amount รท Total Quantity
๐ Tip: Using a DCA (Dollar-Cost Averaging) strategy can help reduce your average cost through strategic purchases.