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Entering Deposits, Withdrawals, and Transfers Between Exchanges / Wallets

TL;DR:
 Deposits and withdrawals record coins you already own moving between accounts.

  • Deposit (IN): Coins entering your account.

  • Withdrawal (OUT): Coins leaving your account.

  • Transfer: Always enter both the withdrawal from the source and the deposit into the destination.
     If coins do not have a cost basis (e.g., gifts, mining, staking), use the correct transaction type instead.


Automatic Imports

Most exchange/wallet importers can automatically fetch deposits and withdrawals. If your importer doesn’t support them, add these transactions manually via the Transactions page.

Important:

  • Only use deposits/withdrawals for assets you already own with a cost basis.

  • All other scenarios—gifts, income, rewards—must be recorded with their correct transaction type.


Examples

Example 1 – Deposit from another account
 You receive 0.1 BTC from another account you own:
 (IN) Deposit of 0.1 BTC

Example 2 – Withdrawal to another account
 You send 0.2 BTC to another account you own:
 (OUT) Withdrawal of 0.2 BTC

Example 3 – Transfer between accounts
 Move 1 BTC from Wallet A to Exchange B:
 (OUT) Withdrawal of 1 BTC from Wallet A
 (IN) Deposit of 1 BTC to Exchange B

Missing one side of a transfer will distort balances.


Summary

  • Enter both sides of a transfer to keep balances correct.

  • Only use deposits/withdrawals for coins you already own.

  • For new coins without a cost basis, choose the correct transaction type (gift, mining, staking, etc.).

  • Always double-check that transfers are complete to avoid incorrect portfolio values.


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