📊 Cryptocurrency calculator for traders 💰
Sometimes it seems that managing your investments in cryptocurrencies is an endless process of analysis. How to calculate the volatility of a currency or correctly calculate profit taking into account commissions? This is where a cryptocurrency calculator and converter comes to the rescue, developed using data from popular exchanges: EXMO, Bitfinex, YoBit and Poloniex. With its help, you can easily solve the following problems:
- Calculate volatility and average daily currency value
- Calculate the order price taking into account the commission and quantity
- Determine the potential profit given the purchase and sale price
This online calculator is especially useful for those who are into scalping or day trading, allowing them to precisely manage all the fine details of trading.
📈 Calculation of volatility and average cost of cryptocurrency
One of the key aspects of working with cryptocurrency is volatility., which can significantly affect a trader's decisions. The calculator helps to calculate how much the price has changed during the day, which gives an idea of the risks and opportunities.
How does this work?
- The minimum price (L) and maximum price (H) for the last 24 hours are taken from the exchanges.
- Based on this data, the calculator calculates the volatility percentage and the average price range.
Example formulas:
- Percent volatility: H(L100)−100frac{H}{left(frac{L}{100}right)} – 100 (100 L ) H − 100
- Average price range for the day: H+L2frac{H + L}{2} 2 H + L
This block helps traders get a quick analysis of daily price fluctuations, which is especially important for making quick decisions in volatile market conditions.
💰 Block “Purchase / Sale Cost ”
Whether you are selling or buying cryptocurrency, it is important to consider the exchange fee and the current amount of currency. The calculator simplifies this process and allows you to accurately calculate all the details of the transaction.
How does this work?
Main parameters:
- P – current price of cryptocurrency
- Q – the quantity you buy or sell
- C – exchange commission
Formulas:
- Order price: P×QP times Q P × Q
- After commission: Q− (Q×C100)Q – left(frac{Q times C}{100}right) Q − (100 Q × C )
Example: You want to buy 0.002 BTC at the rate of $35,000 for 1 BTC. The transaction cost will be $70. Taking into account the exchange commission of 0.2%, you will receive 0.001996 BTC to your account.
📊 Calculation of profit from sale
This block allows you to calculate the potential profit from orders, including the commission for selling. This calculation takes into account both the cost of buying and the income from selling the cryptocurrency.
How does this work?
- P – order purchase price
- S – selling price
- CS – sales commission
Formulas:
- Sell commission: S×CS100frac{S times CS}{100} 100 S × CS
- Profit: S−CS−PS – CS – P S − CS − P
- Profit percentage: S−CS(P100)−100frac{S – CS}{left(frac{P}{100}right)} – 100 (100 P ) S − CS − 100
Example: Bought 0.001996 BTC for $70 and sold for $76. The profit would be $6 (about 8.57%) after taking into account the exchange commission.
Table of the main characteristics of the cryptocurrency calculator
| Characteristic | Description | Example | Formula |
|---|---|---|---|
| Volatility | Percentage of change in currency price per day | 5% | H(L100)−100frac{H}{left(frac{L}{100}right)} – 100 (100 L ) H − 100 |
| Average cost | Average currency price per day | $35,500 | H+L2frac{H + L}{2} 2 H + L |
| Transaction fee | Exchange commission percentage | 0.2% | — |
| Order cost | Transaction price taking into account quantity and rate | $70 | P×QP times Q P × Q |
| Net profit | The difference between the purchase and sale price | $6 | S−CS−PS – CS – P S − CS − P |
⁉️🤔 Popular questions and answers
- How does the calculator calculate currency volatility?
The calculator uses the minimum and maximum prices for the day and calculates the percentage change using a special formula.
- How is the order price calculated?
The order price is calculated using the current exchange rate and the amount of cryptocurrency multiplied by each other. If necessary, the exchange commission is taken into account.
- Can the calculator take into account the fees of different exchanges?
Yes, you can specify the commission manually and it will be taken into account when calculating your profit.
- How does a calculator help with scalping?
It helps to quickly calculate volatility and profit, which is extremely important for those who make many short trades per day.
- What data does the calculator take from the exchanges?
Exchange rates such as minimum and maximum price as well as current buy/sell values.
- Is it possible to save calculations?
The next update will add the ability to save and view calculations.
- Are mobile devices supported?
Yes, the calculator is optimized for use on mobile devices.
💎 Results and conclusions
The cryptocurrency calculator is an indispensable tool for traders operating in dynamic markets. With simple calculations of volatility, profit, and order value, traders can manage their trades effectively. With regular updates, such as adding new features and improving the interface, this tool is becoming increasingly useful for both beginners and experienced users.