Withdrawals being interpreted as profit and loss

Koinly Support
#1

Hello
The data I have been adding (a mix of CSV and API).
I notice however that most of nearly all “withdrawls” from a wallet of exchange is being interpreted as a profit of loss ?
If I try to edit the “value” within this transaction to try to zero it by altering it cost it adjusts the cost automatically.

I dont understand why all “withdrawls” (which are really just transfers to a wallet from an exchange) are being treated as profit or loss ? I dont know what sort of transaction to add to get around this.

1 Like
#2

Then probably you don’t have added your private wallet with a deposit of the same size at (almost) the same time. Take care about the time zones. Some exchanges report in UTC, others in local time. Keep UTC for all of your transactions, it makes live much easier!

2 Likes
#3

Thankyou for that. It appears to be along that lines. It means for me now to go and change dozens of times unfortunately but your answer was very helpful thanks

#4

This topic was automatically closed 60 days after the last reply. New replies are no longer allowed.