What do the Transaction Details mean?

From your Transactions page you will see a full list of your transactions. You have the option to drill into any transaction to see additional details such as date of transaction, where the transaction took place and the amount of crypto purchased. Depending on what transaction type you drill into, you'll see different sets of details become visible.

Once you've opened up the Transaction Details modal, there are some commonalities that you'll see even across different transaction types. Such as the small "+" symbols that allow you expand a section to see even additional details.

The screenshot below is an example of a "Buy" transaction. As you can see, the exchange where the transaction took place, the date, and the amount of crypto purchased, all at the top. Once expanded, the bottom section outlines the crypto amount, the market price, any fees associated, and the total cost of the purchase.

Transfers in and out will look very similar, but sales and trades will contain additional details:

Sales, Trades, Expenses: One import addition to the Transaction Details module for these transaction types is the "Cost Basis" section. These transaction types are considered "Taxable", which means we'll be calculating a gain/loss on these asset disposals. Visit the What Is Cost Basis Article for additional details. 

Still have questions? Send us an email at support@taxbit.com or chat with us using our live chat feature, and we'd be happy to help!