Price average using FIFO based on ONE buy.

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So I made ONE fractional purchase of BTC

0.00178054 BTC at $26,436.68 equaled out to $47.08

Since that purchase I haven’t bought anymore to keep the same price average, but I’ve made a few orders to sell some taking small profits never more than 5$ each sell order. Today I noticed that my average price of BTC had increased. Curious I looked into my history making sure I wasn’t missing something. No Buys to increase the average or anything only sell orders, even though my BTC average went up to $26,441.42.

After chatting with support they said they use FIFO with sell orders and thats why it went up after reviewing my account.

Has anyone else heard of this happening to their accounts? I mean if they use FIFO and only one buy the average price should never increase based off of selll orders. Or am I missing something?

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Posted: 9 months ago
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