Describe the problem:
“Some of your calculated balances do not match the balances reported by the API. The differences are listed below.”
I’ve done the math and the amount of USD (sent from my bank to Binance US) I’ve purchased various coins with adds up to the near exact amount that Koinly says doesn’t match.
Will this even be an issue if I file the report despite Koinly saying there is a mismatch? I’m not even sure why USD would be an issue given that fiat purchases of crypto are not taxable. It almost seems like Koinly wants me to add in my deposits from my bank to Binance US to show where the USD came from even though that obviously isn’t an option.
Which exchange/wallet is this regarding?
Binance US
How did you import data into this wallet?
API combined with manually added transactions
What have you tried to fix this so far?
I’m aware of the issues surrounding the Binance US API not capturing ACH purchases, so I manually added the missing USD → crypto transactions. I also want to add that the Binance US API did capture SOME of my purchases with USD. Even with just those there was still an issue.