new Cost Basis method: Total average
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Fellow Partridge
I'd like to use the total average method! .Please Koinly.
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Electric Hare
“I would also like support for the total average cost method.
Japan may reduce crypto tax to 20%, and the number of Japanese users is increasing.
Please consider adding this feature
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Topaz Shrew
Me too. I'd like to use the total average method! When can I use it?
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Outstanding Raven
Yes please. Total average is the default method used in Japan, if you don't report to the government BEFOREHAND which method you plan to use for the year, you cannot change it after the fact. There should be support for the default method in one of the largest cryptocurrency markets, this is likely preventing a lot of Japanese users from using Koinly.
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Opera mauve Lynx
In Japan, as a rule, the “Total average method " is applied to the calculation of virtual currency.
In order to spread Koinly to many users in Japan, please add "Total Average Method" to Cost basis method.
Reference link）
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Electric violet Otter
I switched from Koinly to Coinpanda because of this. However, I find Coinpanda to be quite buggy and difficult to use. I also feel that the overall user experience is superior with Koinly. If this gets implemented, I plan to switch back from Coinpanda to Koinly.