# Cost basis wrong after denomination

**URL:** <https://discuss.koinly.io/t/cost-basis-wrong-after-denomination/4068>\
**Category:** Koinly Support\
**Created:** [April 26, 2021, 4:52pm UTC](https://discuss.koinly.io/t/cost-basis-wrong-after-denomination/4068 "2021-04-26T16:52:48Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![John\_Doe](https://yyz2.discourse-cdn.com/flex052/user_avatar/discuss.koinly.io/john_doe/32/768_2.png) [@John\_Doe](https://discuss.koinly.io/u/John_Doe)\
**Post date:** [April 26, 2021, 4:52pm UTC](https://discuss.koinly.io/t/cost-basis-wrong-after-denomination/4068/1 "2021-04-26T16:52:48Z")

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\*\*Describe the problem:\*\*Cost basis is wrong after denomination

**Which exchange/wallet is this regarding?** Binance

**How did you import data into this wallet?** API

**What have you tried to fix this so far?** Can’t fix it - COCOS denominated 1:1000 and now Koinly calculates my gains 1000x what they should be. Please advise

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**Author:** ![system](https://canada1.discourse-cdn.com/flex052/uploads/koinly_app/original/1X/7ac58e5593a7122893d066794a7254dcdb5ddb31.png) [@system](https://discuss.koinly.io/u/system)\
**Post date:** [June 25, 2021, 4:53pm UTC](https://discuss.koinly.io/t/cost-basis-wrong-after-denomination/4068/2 "2021-06-25T16:53:37Z")

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