Your Profit and Loss (P&L) comprises your Realized P&L (complete activities) and Unrealized P&L (incomplete activities). However, you will only see your total P&L (the sum of the two) in your account.
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Rewards are not included in the P&L and will be displayed separately soon. Below we explain how different account activities are calculated.
Deposits
- The price of purchase is the market price at the moment you deposit the asset
Withdrawals (including Crypto Domain and NFT purchases)
- The average purchase price remains the same after withdrawing
- Any fees are added to the withdrawal price
- P&L is updated as there’s a new total amount of the asset
Buy (including Convert, Spot Trading, and OTC)
- For multiple purchases of the same asset, the weighted average of historical prices is used
- Any fees are counted as a loss
Sell (including Convert, Spot Trading, and OTC)
- The average purchase price remains the same after selling
- Any fees are added to the sell price
- P&L is updated as there’s a new total amount of the asset
Staking
- Rewards are added to your balance and not counted towards P&L
Pay
- Treated as withdrawals for senders and deposits for recipients
Note: Calculations may reflect sub-cent rounding.
Legal Disclaimer
P&L calculations provided here are for informational purposes only and are not intended to constitute legal, tax, or financial advice.
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Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; or (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice. We make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US shall not be liable for any consequences thereof.
Risk warning: Buying, selling, and holding cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in a significant loss. Binance.US is not responsible for any loss that you may incur from price fluctuations when you buy, sell, or hold cryptocurrencies. Please refer to our Terms of Use for more information.
Binance.US reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.