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Entering Fees

TL;DR
Most fees are imported automatically, but you can also enter them manually in the Transactions page (set to Table View: Extended). Fees in the same trade currency are already included in purchase/sale values. Third-currency fees (e.g. BNB on Binance) must be entered separately as Other Fee.


How fees are handled in CoinTracking

  • Automatically imported fees: If fees are in the same currency as the trade pair, they are already included in purchase and sale values (CSV or API imports).

  • Manual entry: You may need to manually add fees when they are not automatically captured, especially third-currency fees.

  • Informational value: The fee field itself is mainly informational. The actual amounts shown in purchase/sale values are what matter for calculations.


Examples of fee entries

  • Buy with fiat fee:
     Buy 1 BTC for 500 USD with a 5 USD fee
     → Entry: Buy = 1 BTC, Sell = 505 USD, Fee = 5 USD

  • Buy with coin fee:
     Buy 1 BTC for 500 USD with a 0.01 BTC fee
     → Entry: Buy = 0.99 BTC, Sell = 500 USD, Fee = 0.01 BTC

  • Spend with fee:
     Spend 0.2 BTC on goods with 0.001 BTC fee
     → Entry: Spend = 0.201 BTC, Fee = 0.001 BTC

  • Transfer with fee:
     Transfer 1 BTC with 0.001 BTC fee
     → Withdrawal = 1.001 BTC from Wallet A, Fee = 0.001 BTC
     → Deposit = 1 BTC into Wallet B




Handling deposit fees

  • Rarely, deposit fees may cause mismatches in the Missing Transactions Report.
     Options:

    • Add the deposit fee to the withdrawal entry.

    • Or, create a separate entry with transaction type Other Fee.


Third-currency fees

  • If fees are taken in a third currency (not part of the buy/sell pair), they won’t reduce balances automatically.

  • Example: BNB used to pay fees on Binance.

  • Solution: Create an additional Other Fee entry.

  • This is automatically done with Binance CSV/API imports.


Tax report considerations

  • In advanced tax report settings, you can include fees into cost basis and gains via fiat values.

  • Every fee transaction can have a taxable effect since the coin used for the fee may have gained or lost value since purchase.

  • A decrease in the coin used for fees is a deductible loss, while needing fewer coins to pay the fee counts as a taxable gain.


Related resources

[How fees are handled within CoinTracking]


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