Understanding how to calculate your profit and loss (P&L) is one of the most important skills in crypto trading. Whether you're a day trader or a long-term investor, knowing exactly how much you're earning (or losing) helps you make better decisions and improve your strategy. In this post, we’ll walk you through the basics of calculating profits and losses—and how the Crypto Tools app makes this process easier than ever. 💰 What Is Profit and Loss in Crypto? Profit is the money you earn after selling a cryptocurrency for more than you bought it. Loss is the opposite—when you sell for less than your purchase price. 🧮 The Basic Formula Profit or Loss = (Selling Price - Buying Price) × Quantity - Trading Fees Let’s say: You bought 0.5 BTC at $30,000 You sold it at $35,000 Exchange fee = $20 Your profit would be: (35,000 - 30,000) × 0.5 - 20 = $2,480 Easy, right? But when you make multiple trades per week or month, it becomes harder to track manual...

   Discover Crypto Tools – Powerful Features to Manage Your Crypto Trades Are you into cryptocurrency trading? Whether you're just starting out or already an experienced trader, you need smart tools to help you make fast and accurate decisions. This is exactly what Crypto Tools offers — a free, comprehensive app that combines simplicity with powerful features in one clean interface. In this post, let’s explore the top features that make Crypto Tools a must-have for every crypto enthusiast: ✅ 1. Profit & Loss Calculator One of the app’s most powerful tools, this calculator lets you quickly determine your net profit or loss from any buy or sell operation after deducting platform fees. Ideal for those who want to keep track of performance without complicated spreadsheets. ✅ 2. Cryptocurrency Converter Need to know how much 1 Bitcoin is in USD? Or want to convert Ethereum to your local currency? The built-in converter allows you to switch between cryptocurrencies and global f...