Christian Peter avatar
Written by Christian Peter
Updated over a week ago

You want to map your received Staking transactions?

Then you are at the right place.

To use this transaction type, you can proceed as follows:

  1. Go to the desired portfolio

  2. Now select "New transaction

  3. In the menu bar at the top, select Crypto.

  4. In the type of transaction select "Staking".

  5. Now select the cryptocurrency from which you have staking revenue

  6. Next, you enter the number of staking earnings.

  7. In the next step, select the date of the staking proceeds and the purchase price*.

  8. Finally just "Add transaction


Why is a purchase price required for staking income?

Staking theoretically represents an interest with automatic reinvestment.

For this reason, staking is actually "interest income" first and then a purchase of new shares is made for this interest.

Therefore, of course, a purchase price is required in order to be able to record accordingly how the increase in value of the shares thus obtained takes place.

The transaction type "Staking" combines these two processes into one and records both the income and the shares received as a result.

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