NFT Cost Basis Not Found / Incorrect
closed
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Many NFT purchases are showing $0 cost basis with a "could not determine cost basis" error.
Some users report that a token is showing different cost basis values on different transactions.
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Sam - CoinTracker
closed
This is expected behavior, NFTs are not tracked assets. CoinTracker infers the cost basis based on corresponding transactions, they will assume the cost basis or proceeds of assets they are being trade to or for.
If the reported behavior for this post still persists please reach out to the CoinTracker support team directly or re-submit this post with with updated details.
We look forward to serving you better!