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How to set the cost basis on a trade
How to set the cost basis on a trade

What to do if you believe the cost basis shown in Koinly is wrong and you want to change it

Jack avatar
Written by Jack
Updated over a week ago

Cost basis of a disposed asset is calculated automatically by Koinly based on your previous transaction history and cost basis calculation method selected. It cannot be edited manually.

As such - cost basis of the asset upon disposal (sale) is already determined - you cannot change it. What you can review (and possibly adjust) are the transactions that led to this disposal.

Check:

Refer to Cost basis shown on my transaction is wrong for more tips on how to assess the cost basis - in most cases, if the transaction history is complete, it turns out that cost basis is calculated correctly, even though it's different from what one was expecting.

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