Internal: A transfer that happened between your wallets/exchanges. With this classification, we transfer the initial buy price to whatever wallet you are sending it to.
Add Funds: Use this classification when a transaction is adding new money into your crypto portfolio. This could be when you do a bank transfer to your exchange.
Remove Funds: Use this classification when a transaction is reducing the money you have in your crypto portfolio. For example when you cash out fiat into your bank account.
Airdrop: Use this classification for all airdrops you receive. Tax implications are not clear yet so we let you decide in the tax report page how you want to handle the cost basis of these.
Gift Received: If you received crypto as a gift use this classification. Taxwise this has different implications depending on the country you pay taxes in.
Ignored: This classification means that this transaction will not be calculated in the tax calculations. Taxwise it just means that this transaction is not taken into account.
Income: If you received income in crypto use this classification. You will then be taxed income tax on this.
Mined: Use this classification if a transaction was mined. Taxwise this has different implications based on the country you live in.
Staked: Use this classification if a transaction was staked. Taxwise this has different implications based on the country you live in.
Margin Gain: Some Margin exchanges create a new deposit for the profit from a margin trade, use this classification for those “deposits”.
Margin Loss: Some Margin exchanges create a new deposit for the loss from a margin trade, use this classification for those “deposits”.
Payment: If a transaction was a payment for a product or service use this classification.