TLDR:
CoinTracking supports a wide range of transaction types, categorized by incoming, outgoing, trade, and advanced financial actions such as margin, derivatives, and liquidity. Selecting the correct type ensures accurate tax calculations and reporting.
What are transaction types and how can I edit them?
Transaction types define the nature of each entry and affect how CoinTracking calculates balances and gains. You can assign or update these types on the Transactions page by editing or creating a transaction and selecting from the dropdown menu.
Note: Plus signs generally represent incoming transactions, while minus signs represent outgoing ones.
Basic Transaction Types
Trade: Exchange one asset for another (e.g., BTC to USD)
Deposit: Add an asset to a wallet or exchange
Withdrawal: Remove an asset from a wallet or exchange
Incoming Transactions
Income: Earning or payment received
Gift / Tip: Asset received as a gift or tip
Reward / Bonus: Received reward or bonus
Staking: Staking rewards
Mining: Mining rewards
Airdrop: Coins received via airdrop
Income (non taxable): Received airdrops or similar not counted as taxable
Outgoing Transactions
Spend: Payment for goods or services
Donation: Asset given as a donation
Gift: Sent as a gift
Stolen / Hacked / Fraud: Loss from scam or breach
Lost: Asset permanently lost (e.g., from closed exchange)
Other Fee: Transaction-related fee
Expense (non taxable): Outgoing value that is not taxable
Advanced Transaction Types
Swap (non taxable): Swap between assets (e.g., ETH to WETH)
Masternode: Income from masternode participation
Mining (commercial): Mining income under business status
Minting: Receipt of minted assets (e.g., NFTs)Dividends Income: Dividend payout
Interest Income: Income from earned interest
Lending Income: Earnings from lending crypto
Other Income: Miscellaneous earnings
Airdrop (non taxable): Non-taxable airdrops
Borrowing Fee: Fee for borrowing assets
Other Expense: Miscellaneous outgoing transaction
Margin, Derivatives, and Futures
Margin Profit: Profit from margin trading
Margin Loss: Loss from margin trading
Derivatives / Futures Profit: Profit from derivative or futures contracts
Derivatives / Futures Loss: Loss from derivative or futures contracts
Margin Fee: Fee incurred in margin trades
Settlement Fee: Fee paid at settlement
Margin Trade: Legacy type, not recommended
Derivatives / Futures Trade: Legacy type, not recommended
Liquidity Mining
LP Rewards: Earnings from liquidity pool participation
Provide Liquidity: Assets provided to a liquidity pool
Receive LP Token: Receipt of pool token
Return LP Token: Return of LP token
Remove Liquidity: Withdrawal of assets from a pool
Loan and Collateral
Receive Loan: Loan amount received
Send Collateral: Collateral posted for a loan
Receive Collateral: Collateral returned
Repay Loan: Repayment of loan amount
Liquidation: Collateral seized due to liquidation
For more details:
Loans and their repayments
Airdrop, Bonus or Interest?