1099-DA this year will not provide you with basis information. Crypto tax software will but you should verify the basis, especially in cases where you purchased and sold crypto on different platforms. Make sure to feed the DEX transactions into the crypto tax software. Otherwise, the "deposits on the CEX platform may be treated as ordinary income (because CEX doesn't know where they're coming from). But more or less, you strategy on how to handle this is pretty solid. Just make sure you verify everything before you feed it into your TurboTax or whatever software you use.
1099-DA this year will not provide you with basis information. Crypto tax software will but you should verify the basis, especially in cases where you purchased and sold crypto on different platforms. Make sure to feed the DEX transactions into the crypto tax software. Otherwise, the "deposits on the CEX platform may be treated as ordinary income (because CEX doesn't know where they're coming from). But more or less, you strategy on how to handle this is pretty solid. Just make sure you verify everything before you feed it into your TurboTax or whatever software you use.
Shehan from CoinTracker here.