In this section, you can classify your deposits and withdrawals to make a reliable Tax report; order transactions don’t need this classification type. Be sure to categorize them properly because, depending on where you are living, classifications may impact more or less your taxes. You can check what it means for each category by clicking on the “+” buttons.
Deposits:
| Classification | Description |
| Add funds |
Use this classification when a transaction is adding new money into your crypto portfolio. This could be when you do a bank transfer to your exchange. |
| Airdrop | Use this classification for all airdrops you receive. Tax implications are not clear yet so we let you decide on the tax report page how you want to handle the cost basis of these. |
| Gifted received | If you received crypto as a gift, use this classification. Taxwise, this has different implications depending on the country you pay taxes in. |
| Income | If you received income in crypto use this classification. You will then be taxed income tax on this. |
| Mined | Use this classification if a transaction was mined. Taxwise this has different implications based on the country you live in. |
| Staked | Use this classification if a transaction was staked. Taxwise, this has different implications based on the country you live in. |
| Margin gain | Some Margin exchanges create a new deposit for the profit from a margin trade, use this classification for those “deposits” |
Withdrawals:
| Classification | Description |
| Remove funds | Use this classification when you a transaction is reducing the money you have in your crypto portfolio. For example when you cash out fiat into your bank account. |
| Margin loss |
Some Margin exchanges create a new deposit for the loss from a margin trade; use this classification for those “deposits” |
| Payment | If a transaction was a payment for a product or service use this classification. |
| Gift sent | A gift that you sent to someone. |