How are trading fees and transaction fees handled in KoinX?

• Trading or transaction fees can significantly impact your taxable gains, but the treatment varies according to the country’s regulations.

KoinX intelligently tailors fee treatment to each jurisdiction’s tax rules.

For example, in the United States, trading and transaction fees are added to your cost basis, effectively reducing your taxable gains by increasing the amount you spent on the asset.

Also, in the United Kingdom, HMRC requires adding purchase fees to your cost basis and deducting disposal fees from proceeds to calculate net gains or losses.

KoinX considers each country's specific tax rules and handles your trading and transaction fees accordingly.

Our system automatically detects your filing jurisdiction and applies/withholds fee adjustments to stay fully compliant.

Note: You also retain control: simply visit your tax settings to customise how fees are managed in your reports.