# Crypto to Crypto Trades

In most jurisdictions, crypto-to-crypto trades are treated as disposals. So if you buy TURBO with ETH, you trigger a taxable event on the ETH you used to purchase TURBO — as though you had first sold it for USD and then used that USD to buy TURBO.

When doing crypto to crypto trades, we recommend entering two separate events in the Trade Log. 

Say you bought some ETH some time ago and entered that trade in the Trade Log. When you now use it to purchase TURBO, I would enter:

1. A SELL event for the amount of ETH you used to buy TURBO, using the current price of ETH.
2. A BUY event for the amount of TURBO you received for your ETH (the price of TURBO should be the USD value of the previous transaction divided by the amount of TURBO you purchased)

Doing it like this ensures that your ETH balance stays accurate and that you’re logging the realized P\&L when you swapped it for TURBO.

The [Formatter](/1/formatter.md) can also help you convert trades bought with ETH, BNB, SOL, and BTC into USD denominated trades. 


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