What is sending money to a forex account?

I bought USDC from Coinbase and sent it to Hankotrade forex account to trade (I lost that money anyway lol). My question is which label can I assign to that transaction? Because there is a public unique address and looks like I’m sending money somewhere to which I have no connection to. Thank you.

Hey @lifeisgreat

If you lost the money then you can just leave it as it is, as you no longer hold this asset and disposed of it anyway.

You could if you wanted, create a custom wallet called “Hankotrade” and you can edit the withdrawal to a transfer.

Now, you will need to still declare capital gains if you end up disposing of/selling that USDC so you must then represent this in Koinly with a withdrawal transaction.

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