Buy 1,000 with a 15 flat fee
- Order side
- Buy
- Trade amount
- 1000
- Percentage fee
- 0
- Flat fee per order
- 15
- Network or withdrawal fee
- 0
Result Total fees: 15.00
Total paid (buy) or net proceeds (sell): 1,015.00
Fees as a share of the trade: 1.5%
Price move needed to cover fees: 1.5%
Percentage part of the fee: 0.00
- Percentage fee = 1000 × 0% = 0
- Total fees = 0 + 15 flat + 0 network = 15
- Total paid (cost basis) = 1000 + 15 = 1015
The IRS counts acquisition fees in basis, so the coin's cost basis is 1,015, not 1,000.