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.
Bounty: Any sort of small amounts of crypto that you received for doing some work. Example: Sharing a crypto projects post, Coinbase Earn etc.
Gambling Income: Money you made from gambling with crypto such as Poker, Roulette etc.
Hardfork: The coins you received when a chain split happened.
Lending Income: If you lent out your crypto and earned interest.
Liquidity Pool: Any sort of income you made from providing coins to a liquidity pool. Example: Uniswap LP.
Margin Gain: Gains you made from trading with leverage.
Masternode Income: Funds you make from your master node.
Mining: Any coins you receive from mining operations
Staking: Coins that you are using to stake.
Staking Income: Coins that you earn during staking.
Swap: Any sort of token exchange that happens on a decentralized exchange
Fee: If a transaction sent out is a cost for sending the transaction.
Gambling: Funds you used for gambling.
Gift Sent: If you gifted crypto to someone
ICO: If the funds that you sent out are funds that went to purchase tokens through an ICO
OTC: Any trade that happened over the counter or peer to peer. Example: You buying or selling crypto
directly to your friend, or you using an OTC desk.
Interest Paid: If you borrowed funds and you had to pay a certain amount of interest.
Lending: Funds that you sent out to a lending protocol or are using to lend out on a centralized platform.
Lost: Funds that have either been lost or where you got scammed.
Margin Fee: The fee that you pay when leverage trading