11 min read
28 Dec
28Dec

You may need to quickly calculate your trading profits, convert one cryptocurrency to another, or check the potential earnings of your mining hardware. Here is a list of calculators that will help you solve this problem.

Content

  • Crypto Profit & Loss Trading Calculators
    • Sabe calculator
    • Easy Bitcoin calculator
  • Cryptocurrency converters and calculators
    • CoinMarketCap calculator
    • Currexy
    • Coinmama
  • Mining profitability calculator
    • CryptoCompare Calculator
    • BTC.com Mining calculator
    • Hashing24 Mining calculator
    • Estimated Profit: Profitability assessment
  • Сrypto taxes calculator
    • CryptoTrader.Tax
    • Cryptotaxcalculator.io
    • Crypto.com Tax
    • Token Tax
    • Best Crypto Tax Software & Tools

Crypto Profit & Loss Trading Calculators

To determine your trading profit, you’ll usually need to do a few simple calculations by hand. For example, when you buy 1 Bitcoin (BTC) at $40000 and sell it at $50000, you calculate your $10000 profit. But sometimes, you need trading profit calculators to save time when you need to calculate hundreds of transactions with many variables.Here is a list of calculators that will help you solve this problem.

1. Sabe calculator

Cryptocurrency Profit Calculator - Sabe.io. Compare your cryptocurrency value with your investment to track your profit with this cryptocurrency profit calculator!

Sabe is a straightforward calculator that helps you track your trading gains.

To calculate your earnings, enter one of your coin names, along with the number of coins purchased and the purchase price.

Their data is constantly updated per CoinMarketCap exchange rates, so you can see how much money you’ve made or lost at any given time. 

2. Easy Bitcoin calculator

easy Bitcoin Trading Calculator - no fuss, no mess, calculate those Bitcoin trading profits! Do you need to work out bitcoin trading profits? The easy Bitcoin Calculator can do it at the click of a button.

This calculator is a Bitcoin-only solution, but it still allows you to calculate your profits quickly. You must enter the number of coins, in this case, Bitcoins (BTC), as well as the buying and selling prices, just as you did with the previous tool. Unlike the Sabe calculator, you can also include the transaction fees you paid. You can also specify long or short strategies or calculate the fees.

Bitcoin Trading Calculator:

  • Profit Threshold calculates the point at which your trade will begin to make a profit after trading fees have been taken into consideration.If you have bought bitcoins (going long) the threshold will be the point that selling all your bitcoins will give you a profit in fiat (USD).
    If you have sold bitcoins (shorting) the threshold will be the point where buying bitcoins will give you more bitcoins then you started the trade with.
  • Profits or Losses calculates the amount of profit or loss the pair of trades will make you. It gives you a fiat figure (USD) if you are going long and a bitcoin figure if you are shorting.

USD ($) is only used for illustration, obviously the calculator will work with any currency just be consistant with what you enter.Please note that the easy Bitcoin Trading Calculator is to be used for guidance only. It is only accurate to 8 significant figures.

Cryptocurrency converters and calculators

These kinds of calculators are probably the most common solution you’ve seen on the internet. They convert one cryptocurrency to fiat currency or another cryptocurrency. 

1. CoinMarketCap calculator

CoinMarketCap calculator

Assume you own a small amount of Bitcoin (BTC) or some other digital asset. In that case, using this calculator to calculate how many Dollars, Euros, Krones, Rubles, and other currencies you have at the current exchange rate is probably the quickest option.

This is also a straightforward converter from one fiat currency to another. All you’ve to do now is input the sum and currency you want to convert and what currency you want to convert it in. 

2. Currexy

Currexy - Cryptocurrency converter, calculator. Convert any cryptocurrency to dollar, euro or any fiat. Bitcoin, ethereum, ripple to dollar - over 1500 different crypto.

Currexy is a fantastic tool for figuring out how much your Bitcoin (BTC) investment is worth in different currencies.Enter the amount of Bitcoin (BTC) you have and see the equivalent amount in USD, EUR, GBP, ETH, LTC, and Dash. 

Cryptocurrency converter, calculator. Convert cryptocurrencies to fiat currencies, know the values. Real time cryptocurrency converter let you convert all cryptocurrencies like Bitcoin, Ethereum, DASH, Litecoin (converter defaults) and all others to your favourite currency like USD, EUR, GBP. 

Modify converter, add or remove currencies from it, see currency values online. Just enter the amount to your chosen currency field and you'll see conversion results of all currencies which are in converter.

Below cryptocurrency calculator, you see charts and prices of most popular cryptocurrencies with USD. Most interesting data when you think about cryptocurrencies is Bitcoin price, so, with this cryptocurrency calculator you can see Bitcoin price against other currencies and cryptocurrencies.

3. Coinmama

Coinmama's Cryptocurrency calculator | Crypto prices in any currency. Coinmama’s cryptocurrency calculator shows you live crypto prices in any currency. See rates in USD, GBP, EUR, JPY, and more before you buy cryptocurrency.

Coinmama is another popular online platform for calculating the current Bitcoin price in any fiat currency. The United States dollar is CEX.IO’s default or base fiat currency. It automatically converts and displays Bitcoin prices in other currencies using the corresponding fiat conversion rates. Coinmama does not provide data on the historical trends of Bitcoin value (in the fiat currency of your choice) over time.

Coinmama's Crypto Calculator Gives you:

  • Superknowledge: Check up-to-the-minute fiat to crypto and crypto to fiat rates*
  • Superpower: Compare the exchange rates of several cryptocurrencies, including ETH, XRP, ADA, and BTC to EUR and USD
  • Superspeed: Find a coin you like and purchase it instantly on Coinmama

Want crypto even faster? Get the most ease and speed with one of Coinmama's crypto packages. Select the coin you'd like to purchase, see the number of coins each Coinmama bundle of $100, $250, $1000 or $3000 will yield**, decide, and buy.

New to Coinmama?

Coinmama lets you easily purchase cryptocurrency using a debit card, credit card, or bank transfer. Simply create a Coinmama account to get started.

Please note that the rates shown with the Coinmama BTC converter do not include Coinmama's commission fee.

** Coinmama's crypto packages reflect the value of coins at the current market rate, minus Coinmama's commission fee. Additional bank transaction fees may apply.

Coinmama - But Bitcoin & Ethereum

Mining profitability calculator

When deciding whether or not to mine a cryptocurrency, you should think about several factors, including your mining rig’s hashing power, power consumption in watts, cost per kWh, and pool fee. This is where mining calculators can come in handy. 

Before investing in any hardware or mining setups, use a Bitcoin mining calculator to see if you can actually turn a profit with all costs considered, as well as consider the changes in mining complexity: as more people start to mine, it causes a surge in the hashrate, so mining requires more computing power.

1. CryptoCompare calculator

Mining Calculator Bitcoin, Ethereum, Litecoin, Dash and Monero. Find out what your expected return is depending on your hash rate and electricity cost. Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. Do you think you ve got what it takes to join the tough world of cryptocurrency mining?

This cryptocurrency mining calculator allows you to calculate your mining profits per week, month, or even year.You can determine whether the whole thing is worth it by considering the characteristics listed above and adjusting the specific settings to your mining rig.The mining calculator supports Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Monero (XMR), Zcash (ZEC), Dash (DASH), and Litecoin (LTC)

2. BTC.com Mining calculator

BTC.com Mining calculator


In addition to the features listed for the CryptoCompare Calculator, this one allows you to add multiple mining rigs, set start difficulties, increase difficulty and profit ratios.You can also include the beginning and end dates of the mining process to get an estimate of your total profit, revenue, and electricity costs in USD. 

ECOS Cloud Mining - Legit Bitcoin Mining Platform

3. Hashing24 Mining Calculator

The expected Bitcoin earnings are calculated based on the values entered and do not consider difficulty, exchange rate fluctuations, stale/reject/orphan rate, etc.  These and other factors change every day/every week and can have effects on the expected earnings.

Estimated Profit: Profitability assessment

To estimate profit, which cloud mining investment can give you, let’s calculate how much one can earn per 1 year with the initial investment of $ 5,000.

  • We will measure profitability for the most popular: Bitcoin (ВТС).
  • For comparison, we have selected 4 of the TOP 11 best cloud mining platforms. You can find a list of the TOP 11 best cloud mining platforms below.
  • Cloud Mining Platforms: Hashing24, HashShiny, IQ Mining, CryptoUniverse.
Platform
Cost of
Hash Power

Service
Charges
Purchased
Power
Profit
per day*
Profit
per year**
Hashing24$ 1.2
for 10 GH/s
$ 0,0015
for 10 GH/s
42 TH/s0.16 mВТС$ 14,730
HashShiny$ 69
for 1 TH/s
$ 0,28
for 1 TH/s
72 TH/s0.12 mВТС$ 12,620
IQ Mining$ 95
for 1 TH/s
$ 0,03
for 1 TH/s
53 TG/s0.11 mВТС$ 9,952
CryptoUniverse$ 60
for 1 TH/s

4,6%Service fee
83 TG/s0.1 mВТС$ 9,162

*) - The approximate calculation of income as of July 2021 is indicated, excluding the increase in complexity.

**) - The profit is indicated based on the forecast of the ВТС exchange rate for the winter of 2022.

Crypto taxes calculator

Cryptocurrency tax calculators automatically determine how much tax you owe while generating your tax reports. Most crypto tax software helps you calculate your cryptocurrency taxes for each tax year without having to hire a tax professional.

1. CryptoTrader.Tax

CryptoTrader.Tax — The #1 Crypto Tax Software. Calculate Your Crypto Taxes in 20 Minutes. Instant Crypto Tax Forms. Support For All Exchanges and 10,000+ Cryptocurrencies.

This cryptocurrency tax calculator helps you calculate your profits, losses, and tax from any activity, including algo trading, mining, and simple buying and selling. The calculator gathers your historical transactions from all of your crypto platforms, exchanges, mining pools, and other sources. You can access your transaction history with just a few clicks.

CryptoTrader.Tax — The #1 Crypto Tax Software. Calculate Your Crypto Taxes in 20 Minutes. Instant Crypto Tax Forms. Support For All Exchanges and 10,000+ Cryptocurrencies.

You can create capital gains and losses forms as well as income reports after you’ve imported all of your trade data. All of these documents can be used to timely file your cryptocurrency information along with your tax return. These reports can be imported into tax preparation software like TurboTax.

2. Cryptotaxcalculator.io

Crypto Tax Calculator

With its powerful and accurate tax reports, easy-to-understand calculations, and DeFi & DEX trading CryptoTax is one of the best crypto tax calculators for the average investor.Their platform performs tax calculations with a high degree of accuracy, including complex tax scenarios such as DeFi loans, DEX transactions, gas fees, leveraged trading, and staking rewards.They also provide a full breakdown of each calculation so you can understand exactly how your taxes have been calculated and what rules have been applied, with customizable rules to support your unique individual circumstances.

3. Crypto.com Tax

Crypto.com Tax | The Best Free Crypto Tax & Bitcoin Tax Calculator. Crypto.com Tax offers the best free crypto tax calculator for Bitcoin tax reporting and other crypto tax solutions. Straightforward UI which you get your crypto taxes done in seconds at no cost.  Full integration with popular exchanges and wallets in Canada with more jurisdictions to come. Calculate and report your crypto tax for free now.

Get your crypto taxes done in seconds at no cost with Crypto.com Tax. They provide complete support for Australia, the US, and Canada. Crypto.com Tax integrates with popular exchanges & wallets and it features an easy-to-use interface that gets the job done in no time.

Crypto.com Tax is entirely free for anyone who needs to prepare their crypto taxes. No matter how many transactions you have in the past years, they’ll handle the calculation for you at no cost.

They support API (read-only access) and CSV import for popular exchanges/wallets in Australia, the US, and Canada. If you’re using other exchanges/wallets you can still follow their generic CSV format to get your tax calculation results.

Crypto.com Tax offers the best free crypto tax calculator for Bitcoin tax reporting and other crypto tax solutions. Straightforward UI which you get your crypto taxes done in seconds at no cost.  Full integration with popular exchanges and wallets. Calculate and report your crypto tax for free now.

4. Token Tax

Calculate your crypto taxes and file your return TokenTax is a crypto tax software platform and a full-service cryptocurrency tax accounting firm.

This bitcoin tax calculator calculates the capital gains tax on bitcoins based on how long they’ve been held. You must enter the bitcoin’s purchase and sale prices, as well as the holding period.

For example, suppose you purchased bitcoin units for $50,000 in August 2017 and sold them for # 100,000 in November 2018. The duration of the holding period is less than three years. So your gain is $100,000 - $50,000 = $50,000 in short-term capital gains. In most countries when you pay taxes, it is deducted from your taxable salary and you’re taxed according to your tax bracket.

Best Crypto Tax Software & Tools

Bitcoin & Crypto Tax Software allows users to track, manage and calculate the gains and losses of any cryptocurrency transaction and exchange operation for tax purposes. Compare the Best Crypto Tax software currently available using the table below:

Best Crypto Tax Software & Tools

Get started with TradeSanta today!

Automating crypto trading is a breeze with the Santa cryptocurrency trading bot for Binance, Bittrex, Bitfinex, Upbit, Huobi, and HitBTC. You must first set up an access point before configuring bot parameters.

You select a trading pair, cryptocurrency bot strategy (long or short), take profit level, and other parameters. The Wizard will walk you through the entire process, and TradeSanta Bot templates will make it easy for you to get started with automated crypto trading.

Learn more:

Sources: TradeSanta.com, BuyBitcoins24.com