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What information should be included in a voyage report form for cryptocurrency trading?

avatarAnmol SharmaDec 16, 2021 · 3 years ago3 answers

What are the essential details that should be included in a voyage report form for cryptocurrency trading?

What information should be included in a voyage report form for cryptocurrency trading?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    A voyage report form for cryptocurrency trading should include details such as the date and time of the trade, the cryptocurrency pair being traded, the quantity of cryptocurrency bought or sold, the price at which the trade was executed, the trading platform used, and any fees or commissions incurred. This information is crucial for record-keeping and tax purposes, as well as for analyzing trading performance.
  • avatarDec 16, 2021 · 3 years ago
    When filling out a voyage report form for cryptocurrency trading, make sure to include the trade ID or transaction hash, the wallet addresses involved in the trade, and any additional notes or comments related to the trade. These details can help in verifying and tracking the trades in the future.
  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we recommend including the following information in a voyage report form for cryptocurrency trading: the trade date and time, the cryptocurrency pair, the trade type (buy/sell), the quantity of cryptocurrency, the trade price, the trading platform, any fees or commissions, and the wallet addresses involved. This comprehensive information ensures accurate and transparent reporting of cryptocurrency trades.