Topic: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies - page 35. (Read 122619 times)

Hi, just wondering where does cointracker.io pull its pricing data from as i have a couple of coins that seem to be way out on their prices.

Examples: CNX and MZC

Updates and Improvements

- New Ripple Blockchain import
- New Binance Commission CSV import for affiliate bonuses
- Update of the Bybit API import with support for USDT transactions
- Staking import fix for the Kraken API
- Support for Uniswap fees in the ETH+DEX import
- Support for third currency fees in the Poloniex import

- Celsius CSV import - new CSV format
- Crypto.com CSV import - internal tx are now skipped
- Updated import instructions for Binance, Bitstamp, Bitpanda, Bifinex, BitMax, BTC-Markets and Electrum

- New functions in the Audit Report including the selection of tax methods (FIFO, LIFO, HIFO...)

- New Partner Benefits: Gemini, High Performance Blockchain, NewsCrypto and TokenMetrics

CoinTracking wishes you a happy, safe and healthy New Year 2021.

@greentea: Please check your "missing transaction report" page (https://cointracking.info/missing_transactions.php) and correct your transactions as described on the page and here: White entries (no match) in Missing Transactions Report (https://cointracking.freshdesk.com/en/support/solutions/articles/29000033710-white-entries-no-match-in-missing-transactions-report). After correcting those the reports will be fine.

@Plenty: this is the case as the "staked coins" leave your account (withdrawal) and they come back later after unstake/unfreeze as a deposit. The "rewards" come in as "staking" transaction which is an income transaction. If you want to monitor your coins during the "freeze" time you can add a counterpart transaction manually at "Kraken Staking" or delete the withdrawals and add a start date at your API job to prevent the re-import of those transactions.

I have a similar issue - I staked DOTs on Kraken (DOT2).  CT imports a "withdrawal" transaction and then staking "deposit" transaction for the staking rewards but CT doesn't append my coin balance.

Other than the obvious balance reporting issue which CT should fix, I have three questions: 1) Why is a "withdrawal" imported? 2) Why is a staking "deposit" imported? 3) Isn't there a better way to have this entered into CT?

is there something wrong with the Realized/Unrealized page?

The realized loss is showing when I run a tax report, but it is not showing up under that page?

The Short & Long Report has been completely revised and supports from now on:
- all tax methods where a holding period can be calculated (FIFO, LIFO, HIFO...)
- selection of individual coins in the chart to display the holding period for the next 12 months
- precise calculation of all transactions to the second
- significantly faster calculation of all short & long data

Updates and Improvements
- New IDEX API import (new API keys have to be created because IDEX has deactivated the old API)
- The IDEX API now supports GAS fees

- Support for internal transactions between sub-accounts with the Binance API
- Binance API update for the import of futures and options, which are now fully imported (margin trade profits/losses are still not provided by Binance)

- Support for withdrawal fees in the Huobi API
- Coinbase API update (automatic restart of imports if they are interrupted by technical errors on Coinbase)

- Extension of the "Validate Transactions" report to show transactions with incorrect fees
- Better error description for all CSV imports
- For all Blockchain and Wallet imports, all transaction-types can be set from now on (airdrop, interest, staking, etc.)
- New report "Coin per Exchange", shows the location of all coins, assets and currencies

If your ETH balances with DEX trades do match within your account there is nothing to do here. If you have not matching balances please delete all your ETH transactions and re-import your ETH wallet jobs - see "Bulk Edit/Delete - Instructions" (https://cointracking.freshdesk.com/a/solutions/articles/29000032637?lang=en).
Please create backup of your data beforehand and regularly as described here: "Create backup, restore or export your account data" (https://cointracking.freshdesk.com/a/solutions/articles/29000031008-create-backup-restore-or-export-your-account-data/en)
You can now add a unique Wallet (exchange) name to each job to separate those wallets if needed.

- Improved ETH DEX imports

Does this mean we should import our ETH Wallets again, and what does it pick up exactly

New features in the report: Realized and unrealized gains
The report on realized and unrealized gains has been completely revised and supports from now on:
- all 12 tax methods (FIFO, LIFO, AVCO, HMRC...)
- optimized Excel, CSV and PDF exports
- precise calculation of start and end times in the filter to the second
- consideration of all previous transactions when using start and end times
- significantly faster calculation of all profits/losses

Crypto.com as new payment provider
As of now, CoinTracking account upgrades can also be purchased with the Crypto.com App or in CRO-Tokens (in addition to purchases with more than 50 supported Coins, PayPal, Credit Card, Google Pay or via Bank Transfer).

Updates and Improvements
- New OKEX API import
- New CSV import for Zerion

- Support for the new HitBTC CSV format
- Improved ETH DEX imports
- Abra CSV import now also imports interest
- Updates on the FTX PnL converter
- ETH Wallets added to Live Balance View
- Bitpanda Pro CSV update for withdrawals fees
- Rewards/Bonuses can now be imported at all supported exchanges
- Update of the Bitstamp API with support for all new coins and better import of fees

- Improved HMRC Excel exports
- Fixed the percentage values in the 'Daily Balance' if the previous value is 0
- All wallet addresses and Xpubs now link to the Block Explorer view
- Negative signs are now automatically removed for all numbers on the Enter Coins page

- Fix for table sorting by date for all users who have chosen a custom and non-standard date format
- Not valid transactions are now automatically skipped and highlighted as a warning in the CoinTracking CSV import
- In addition to a 'Label', all wallet imports can now also have a 'Exchange/Wallet name' assigned. This simplifies the overview for accounts with several wallets and offers new possibilities for filtering and sorting data

If you did not sell them there are part of your "unsold positions".
And once they are coming in as "staking" (=income transaction type) they are listed on the Income report as part of your tax report.

To check your account individually please reach out to us via our Ticket tool within your account or sending an E-Mail to [email protected] and add your account username there. Thank you.

A quick question about staking: Cointracking accurately tracks XTZ staking rewards on Kraken but they don't show up in my balance even after I unstake everything (they do show up in the "unsold positions" in the tax report). Is this intended or am I missing something?

@SCMining
This is the link to the old gains page: https: //cointracking.info/gains_old.php
We will place a warning there as we do recommend fixing the missing transactions even if you are not using tax reports. Otherwise the results on any report might be wrong.

Well then a little notice should have been given so users had time to understand what was coming and make plans. Not pull the rug from under us. Some like me do not use the tax reports. I know that is a huge feature going forward but some of us don't use it.

I understand why you did it and its probably a great thing for new users but not for guys like me who have been using it for years and have had to make a lot of entries to keep things straight, its a terrible decision.

The button was used by many to mask actual issues in the account. To avoid this in the future we have now discontinued the button so that discrepancies become immediately apparent and don't fester until a tax report is due.

PLEASE consider giving that option back to users, why take it away if it works for some? I have been using the product for years and if this is how it will be going forward, I will have to look for another product. I would have to go back through years of data to fix all this when I already had it the way I wanted it.

Please give me some other solution, there would be no way for me to go back and fix the hundreds of entries I have had to make over the years to correct for situations the product could not handle at the time.

Please consider adding this button back or give users a way to select it as an option?

Thanks

We have updated the gains page and decided to not include that "include deposit and withdrawal" button anymore because many users activated it and then unmatched transactions were masked and not corrected. If the data is correct and matched, the gains page and the dashboard totals will both be correct.

Please have a look at the Missing Transactions page (https://cointracking.info/missing_transactions.php) and this article to start correcting the data: "White entries (no match) in Missing Transactions Report" (https://cointracking.freshdesk.com/en/support/solutions/articles/29000033710-white-entries-no-match-in-missing-transactions-report)

If you still have questions please reach out to us via our Ticket tool within your account or sending an E-Mail to [email protected] and add your account username there. Thank you.

Hello

After this update the numbers reported are completely off when I run a Realized & Unrealized gain and loss report. I have confirmed manually that the previous numbers were correct, the numbers now are way off. Previously my cost per unit for ETH was $93.05, now its showing as $459.08. I have similar inaccuracies for all my holdings.

Please advise.

Thanks

Updates and Improvements

- Poloniex CSV import for 'distributions'
- Poloniex support for fees in a third currency
- Fixed fees for the Exodus import
- Support for Electrum import fees
- Support new and old CSV formats for the Abra import
- Outgoing transactions to Bitpanda Pro are now correctly imported for Bitpanda CSV imports
- Fix for staking in Kraken CSV and API imports + better detection of new Kraken transaction types

- New Blockchain imports: ADA, DASH, DOGE, LTC and ZEC
- Support for the new Kraken API and CSV format
- Support for the new Gemini CSV format
- Acceleration of BTC and ETH wallet imports
- Fix for Gate.io cancelled orders
- Fix for HitBTC deposits and withdrawals
- Fix for Crypto.com fees

- New EOS Blockchain import
- Support for new Kraken CSV files (exported after 10. Oct. 2020) and for all old Kraken CSVs (exported before 10. Oct. 2020)

Updates and Improvements
- Support for Crypto.com Coin Swaps
- Support for tax-free transactions for the Gate.io CSV import
- Support for staking and interest transactions for the Coinbase API import
- Fix for expenses in Coinbase CSV imports
- Fix for the FBAR tax report, which in some cases took very long to generate

- Updates of the Kraken API and CSV import:
Support for internal 'adjustment' transactions, staking and missing KFEE fees on some margin trades.
Due to a change at Kraken, staking transactions between CSV and API imports are no longer compatible.

- Updates of the Huobi import:
Import of all deposits and withdrawals (to time limit) and trades of the last 60 days (this is currently the maximum period allowed by Huobi).
Huobi fees in a third currency are now imported as 'Other fee' and no longer as 'Loss'.

@Plenty.
Please reach out to us via our Ticket tool within your account or sending an E-Mail to [email protected] and add your account username there. Thank you.

Uniswap is using ticker UNI2 at CoinTracking. So a renaming of the ticker into UNI2 is needed after the import - see FAQ "Entering / Editing Renamed or Re-branded Coins (e.g. ANS and NEO)" (https://cointracking.freshdesk.com/a/solutions/articles/29000018053?lang=en).
We are working on the topic already that all UNISWAP token recently added to CMC our price source are imported everywhere by default as UNI2.

We do support all DEX trades on ETH Wallets via our API. There is no such list available.

Possibly we find a solution here to support you regarding the comments of your ETH addresses within your ticket.