Transaction Transaction Everything regarding the types of transactions we support and instructions on how to edit a transaction Written by Hrisi Updated this week Everything regarding the types of transactions we support and instructions on how to edit a transaction 1. What transactions are supported?
Currently, Crypto. Some types have second-level categories that are also listed below.
Send - send cryptocurrency to others Payment - send cryptocurrency for goods or services Gift - send cryptocurrency as a gift Donation - send cryptocurrency to the charities Reversal - deduct the reversal amount of the corresponding income see question 10 for more details c.
Receive - receive cryptocurrency from others Gift - receive cryptocurrency from someone other than yourself Fork - receive cryptocurrency after a blockchain split Airdrop - receive cryptocurrency due to airdrop Mining - receive cryptocurrency from mining Payment - get cryptocurrency as salary Reward - bitcoin e g cryptocurrency as rewards e.
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Transfer - moving cryptocurrency between your own accounts e. Swap - converting a cryptocurrency to another one f. Cost - fee charges not linked to a completed transaction Note that Crypto.
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How do I edit an existing transaction? However, if you spot an error in tax calculation, please contact us via the chat button or send us an email at [email protected]and our support team will get back to you as soon as possible.
How do I manually add a new transaction?
To add a new transaction, you can do it through the following 2 ways. For the exchanges that support API sync, you have the option to add or edit the API to an existing account that has been created on Crypto. Click the Sync button to import the transactions. Where can I enable and disable the synchronization?
Step 4: If you choose Enable Sync, make sure you click Sync to kick off your sync process. Note that the already imported transactions will still remain in Crypto. Disabling the synchronization just stops the functionality going forward.
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How is the market price determined for cryptocurrencies? The rate we use for each day is the rate bitcoin e g at am UTC of that particular day.
What is the foreign exchange rate used for transactions if transactions are not in my base currency? For rates after January 1stwe refer to the internal live exchange rate API prepared by our internal data team. For all data prior towe use the data from currencylayer API. If you find any rate that is very off from your understanding, please contact us via the chat button, or report the bug at [email protected].
If the rate is totally different from your understanding, please report the bug via the chat button, or contact us at [email protected]. You can access that function by clicking the What should I do if I see the transactions of Send Reversal?
Send-Reversal happens when there is a reversal bitcoin e g an income e. Please manually adjust the reversal transactions according to the following steps: Recognize which type of income of the reversed transaction previously maps to Deduct the reversed amount with the corresponding income. Finally, users should remove the transaction of Send Reversal in our tax software. For example, assuming you have a new transaction USD 10 send-reversal of card cashback.
Everything regarding importing your transaction data to Crypto. The tutorial can be found below on this page. Also, we currently support synchronization from blockchains. It supports all the transaction types that are required for your tax calculation.
Later, you can remove the send reversal on your own. How do I exclude the tax calculation for specific transactions? Step 1: Go to Bitcoin e g overview page Step 2: Click the 3 dots menu on the right-hand side of each transaction Step 3: Click Ignore to exclude transactions from the tax calculation Step bitcoin e g Click Restore to re-include transactions How do I perform action on multiple transactions?
Step 1: Go to Transactions overview page Step 2: Select multiple Transactions by clicking the box by the left side of the transaction Step 3: Bce bitcoin action in the bottom panel Delete multiple transactions Restore ignore multiple transactions You may do this if the API sync takes more time than usual. Did this answer your question?