Row 13455

Row ID: 13455 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 13455 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

My question concerns Coinbase Pro and Coinbase…. I had bought crypto on Coinbase Pro, which was eventually migrated to Coinbase. Apparently, when they did this, they adjusted the cost basis…. which was substantially lower than my buy price. Now, my account shows much larger gains than what they “ should” be, meaning that I will pay a much greater tax bill when I sell. Since I haven’t yet sold any of my crypto, I wonder if Coinbase will also collect higher fees from me.

I actually am down from my buy price but because of their adjustment of my cost basis, my account shows a large profit. This seems like it should be illegal.

What recourse do I have when I sell??

FieldValue
text My question concerns Coinbase Pro and Coinbase…. I had bought crypto on Coinbase Pro, which was eventually migrated to Coinbase. Apparently, when they did this, they adjusted the cost basis…. which was substantially lower than my buy price. Now, my account shows much larger gains than what they “ should” be, meaning that I will pay a much greater tax bill when I sell. Since I haven’t yet sold any of my crypto, I wonder if Coinbase will also collect higher fees from me. I actually am down fr…
label r/cryptomarkets
dataType comment
communityName r/CryptoMarkets
datetime 2024-05-20
username_encoded Z0FBQUFBQm5Lakw3aERWdGFwSHBYMFgyd0xJZW1Zcl9ITGpraWFLOHBBRnRobkdreFczRWFkUGJTaTk3NVkxT1JWVm5SWjZXSkYwQl9iUm1oSXVNcHZyNlo0eFRyY21jTkE9PQ==
url_encoded Z0FBQUFBQm5Lak9LWVdrd3FQNTJ3RC1nU3VTWmc4RVNwWDYtZGtLb1dVTE5fUzExRjRRdW8xa3l4RkY5VUNMdFhOaXlDYVlSUkVHZ0hoV2gwWjY0UXAzVk1vSGsyXzhKWVAxRno3dmM1dFBVdEdxOGRZUVM4ano4U2ZWVnkzd2VMa042UjNuSmdZdmd2c1NtVERDX3JJc0liYjEwV014MmJ6UWhrY1Q4b1pqWHl3VU10bFJUR3VKSHdqbUpSWUZxbEYwQXVZcWxNVWhmMjkyZ0Q0WGJSTmkwNWtEc3h5bFd0SkduVHVFQ1l4MUxNN19XcGZuekl0cz0=

Raw Record

{
  "text": "My question concerns Coinbase Pro and Coinbase…. I had bought crypto on Coinbase Pro, which was eventually migrated to Coinbase.   Apparently, when they did this, they adjusted the cost basis…. which was substantially lower than my buy price.   Now, my account shows much larger gains than what they “ should” be, meaning that I will pay a much greater tax bill when I sell. Since I haven’t yet sold any of my crypto, I wonder if Coinbase will also collect higher fees from me.\n\nI actually am down from my buy price but because of their adjustment of my cost basis, my account shows a large profit.   This seems like it should be illegal.  \n\nWhat recourse do I have when I sell??",
  "label": "r/cryptomarkets",
  "dataType": "comment",
  "communityName": "r/CryptoMarkets",
  "datetime": "2024-05-20",
  "username_encoded": "Z0FBQUFBQm5Lakw3aERWdGFwSHBYMFgyd0xJZW1Zcl9ITGpraWFLOHBBRnRobkdreFczRWFkUGJTaTk3NVkxT1JWVm5SWjZXSkYwQl9iUm1oSXVNcHZyNlo0eFRyY21jTkE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9LWVdrd3FQNTJ3RC1nU3VTWmc4RVNwWDYtZGtLb1dVTE5fUzExRjRRdW8xa3l4RkY5VUNMdFhOaXlDYVlSUkVHZ0hoV2gwWjY0UXAzVk1vSGsyXzhKWVAxRno3dmM1dFBVdEdxOGRZUVM4ano4U2ZWVnkzd2VMa042UjNuSmdZdmd2c1NtVERDX3JJc0liYjEwV014MmJ6UWhrY1Q4b1pqWHl3VU10bFJUR3VKSHdqbUpSWUZxbEYwQXVZcWxNVWhmMjkyZ0Q0WGJSTmkwNWtEc3h5bFd0SkduVHVFQ1l4MUxNN19XcGZuekl0cz0="
}
Explore Dataset Explore Row

Entry Information