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How To Enter Coin Migrations/Rebrandings in CoinTracking

TL;DR
Token migration occurs when tokens move from one blockchain to another, often due to technology upgrades, rebranding, or a change in project direction. During this process, holders swap old tokens for new ones. This guide explains how to enter both standard migrations and migrations with different ratios in CoinTracking.

When entering migration transactions, you can use two transaction types:

  • Swap (non-taxable) – transfers cost basis and holding period to the new coin without triggering gains/losses

  • Trade (taxable) – restarts holding period, removes the old coin from your purchase pool, and calculates gains/losses

Always consult your tax advisor to determine which type to use.


1) Entering a Migration with Transaction Type "Swap"

Use Swap to classify the migration as non-taxable, preserving the cost base and holding period.
 Example: Migration from GNT → GLM

  1. Go to Transactions → New and select Swap (non-taxable)

  2. Enter your migration details

  3. Save and update the transaction


2) Entering a Migration with Transaction Type "Trade"

Use Trade if the migration is taxable. This removes the old coin from your purchase pool, calculates gains/losses, and starts a new holding period for the new asset.
 Example: Migration from GNT → GLM

  1. Go to Transactions → New and select Trade

  2. Enter your migration details

  3. Save and update the transaction


3) Entering a Migration with Different Ratios

If the migration involves a ratio change, adjust amounts accordingly.
 Example: BTT2 → BTT4 with a 1:1000 ratio

  • Enter either as a Swap (non-taxable) or Trade (taxable) using the adjusted amounts


4) Migration List (Examples)

Check for official migration ratios before entering transactions.
 Some known migrations:

  • AGIX / OCEAN → FET → ASI

  • BTT2 → BTT4

  • ERD → EGLD3

  • RNDR → RENDER

  • MATIC → POL3

  • FTM → S5

Use the Coin Trends page to confirm tickers.


Important Notes

  • Before migration, all tokens must use the old ticker; after migration, the new ticker.

If the migration deposit was originally imported as IncomeAirdrop, or Deposit, change it to Swap or Trade.

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