How is my profit or loss calculated?

Here's how 

On the Profit/Loss main view, when you select the Profit/Loss total right at the bottom, your profits and losses are broken down for each cryptocurrency you invested in, and the net total is displayed at the bottom.


Your profit or loss is calculated using the following formula:


Your current Combined balance (the combined value of all your crypto and local currency wallets)

minus

Your Money in (this includes all your local currency deposits and all the crypto you’ve received in your Luno crypto wallet/s - estimated at the time of the transaction)

plus

Your Money out (this includes all the funds you’ve withdrawn from your local currency wallet, as well as all the crypto you’ve sent from your crypto wallet/s, estimated at the time of the transaction)

equals

Your Profit/Loss (displayed in your local currency)

Note

On the Profit/Loss main view, when you select the Profit/Loss total right at the bottom, your profits and losses are broken down for each cryptocurrency you invested in, and the net total is displayed at the bottom.

Your local currency wallet will show a negative amount - this accounts for the total deposit fees and withdrawal fees you’ve paid over all time.

Screenshot of the profits and losses breakdown for each cryptocurrency in Naira

Tip

Learn how to view your profits and losses in Luno or find out how your Money in and Money out are calculated.

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