What's 64.09€? I don't understand where they come from

what does cost basis refer to? based on what would my purchase cost be €64.09 that I simply earned interest with nexo and sold that interest to make a credit card purchase?


I made a purchase with the nexo card and I converted nexo into euros to be able to make this purchase. I’m just wondering where that €64.09 came from? based on what?

Hey @Riccardo_Zambelli

Thanks for your question. :wave:t2:

The €64.09 cost-basis is calculated from the value of your acquisitions of the NEXO token. This may be different depending on your cost-basis method (FIFO, LIFO, HIFO, ACB) on the Settings page, but it’s generally ‘how much were the tokens worth when I received them’.

You can click on the Sell transaction → Cost Analysis to see a breakdown of how it was all calculated.

I hope that helps! Please let me know if you have any other questions or need help with anything else. :blush: