Do I create two transactions for a crypto purchase from a third party?

Koinly Support
1

Describe the problem:
When you purchase crypto from an exchange or wallet from a third party provider like Banxa or Simplex, there’s a payment processor fee and also gas fee for the exchange.

Do I create two transactions for this crypto purchase?

I have a manual buy entry for (let’s say) 1960.97 USD to buy 1903.86 USDT with 0.00417179 ETH fees marked, per the TxHash. (The 1960.97 USD is the Cost basis for the USDT)

BUT, the real deposit is 2000 USD with 39.03 fee to the payment processor, then a 1903.86 USDT purchase.

So one entry or two?

Do I create a PERSONAL CHECKING wallet to transfer the 2000 USD into the exchange for the first entry and class the fees to that entry?

Which exchange/wallet is this regarding?

Any

How did you import data into this wallet?

All formats and did manual entries

What have you tried to fix this so far?

Accounting knowledge :slight_smile:

2

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