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Portfolio Stategies - Maximise your losses

Learn about this tax strategy tool and how to use it.

Updated over 2 months ago

What is the Maximise your losses?

This tool helps you identify which crypto assets are currently valued below their purchase price. Selling them now would generate a capital loss, which can be used to offset future taxable gains when you sell other crypto at a profit—potentially reducing your overall tax bill.


How to access the Maximise your losses tool

Click on Portfolio from the main menu on the left, then click on Strategies

In the new screen click on the See suggestions button shown in the image below


How to use the tool

This tool is purely informational and is designed to show the user which tokens can be sold at a lower price than their purchase value, in order to generate a capital loss that can be used to offset any capital gains.

At the top of the page a summary of the maximum loss potentially generated by the token sales is displayed.

Below, the list of tokens involved in the strategy will be displayed, showing the potential result obtainable by selling the indicated amount, in relation to the current token price and its acquisition cost.

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