What is Unrealised PnL?

Unrealised PnL (Unrealised Profit & Loss) shows how much the investments you currently own on Coinmotion have gained or lost in value. It answers the question “how much would I profit or lose if I sold all my investments right now?” without you having to sell them. You can see the Unrealised PnL for your whole portfolio on the Home page, and for each individual cryptocurrency by checking its specific page.

How do we calculate Unrealised PnL?

We look at how much each cryptocurrency costs you to buy (acquisition cost) and compare it to what it's worth now. For an individual cryptocurrency, we use this formula: (current price – acquisition cost) / acquisition cost. This gives a percentage showing how much your investment has grown or shrunk, while also considering how much of each cryptocurrency you have.

What is the acquisition cost?

This is the original price you paid for your cryptocurrencies. We use the FIFO (First In, First Out) method. According to FIFO, cryptocurrencies acquired at different intervals will be sold in the sequence they were originally purchased—the earliest first.

How do we handle transfers?

When you transfer a cryptocurrency to Coinmotion, we set the cost as the market price right when you transfer it. This makes sure we're using the right starting value for Unrealised PnL.

Why use this feature?

Unrealised PnL is just a metric intended to help you see whether your investments are gaining or losing value. By understanding it, you can analyse how your investments are performing without you having to sell them. It may not match tax rules exactly, so don't rely on it to figure out your taxes. For specific tax advice, you should always talk to a tax professional.