Hi Andreas

I love doing graphic design work for fun. Done a little modernisation of the site. Have a look here. Best tracking site out there but is definitely dated design. Here is my design, not much different from what's already live

https://dl.dropboxusercontent.com/s/yz02pe802mylenj/CoinTracking%20SIte.jpg

Does Cointracking track Cross margin trades on Binance?

Hi Scatterbug. Sorry for the late reply. Been super busy with work this week. You've actually been so helpful that I probably don't need any extensive private message help now. Thankyou so much. I think the main issue I had was that i didn't actually enter the deposit as a currency but straight into USDT which is what made all the statistics wrong.


I think this is how I will prefer it. I am not too concerned with capital gains and tax calculations. I just want to see everything as in real life the same as you.


Yeah I already figured this out


Now I can focus on doing the API import. Just wondering do you use Margin trading? Not sure if the API tracks margin trades?

Hi Scatterbug

I really appreciate your message. Sorry for the misunderstanding regarding FIAT/USDT but yes you have the scenario exactly right.

I actually am from England so initially I added GBP into my Binance account. I bought USDT with my GBP. Do i need to add a GBP to USDT trade to start off?

Looking at the cointracking help pages online and also the links Andreas sent in this thread it seems the recommended way to do it is to not have Deposits added to my Cointracking account. Is this right?


I've read this multiple times and still don't get it. Would I have to pay capital gains on my original investment. If so, seems a bit harsh and I'm guessing that's why cointracking doesn't recommend doing it this way.

Would you be open to me paying you to get to the bottom of this via private message?

Is there anyone on this thread that would be willing to help me get to the bottom of my USDT problem and have a chat on telegram, WhatsApp or anything and I would pay you for your time?

Hi

I know you offer support but understandably it is pretty slow and I've been trying to get my head around all  this all weekend. You've been fast on her to be fair but we still haven't resolved it and this is why I am willing to pay extra towards getting set up.
I have actually already checked out the full service, I have enquired about it but that's for help with finding errors etc when I do the import. I just want to be able to understand the software before I make the plunge.


Yeah I get that the deposit doesn't matter in terms of gain calculation. I know your system is mostly aimed towards people trading crypto who want tax calculations. That isn't my priority, I want somewhere I can track my portfolio balances and see average purchase prices and realised and unrealised gains. That is what had drawn me to your software.


This is the problem. I just dont understand what this means and in what context.


I know USDT is a crypto coin but basically it needs to function as one in a software like because that's how people enter into crypto. I completely understand what realised and unrealised gains are the example you gave is right and i agree. I have absolutely no problem with the ETH test transaction. I bought 4ETH for $8k. and sold 2Eth for $10k. $2k each ETH so when sold for $10k that is $6k realised gains and the remaining 2 ETH are unrealised gains from there current value.

My issue is only with USDT. That's all I need to get to the bottom of. In both scenarios of adding a deposit or not the USDT values are all over the place.

Hi Andreas

Thankyou for the reply. I had actually already read both of them articles but to me this all seems really back to front and I just don't understand it. Surely you could build it in a way that if a deposit is made it would not include that in the average price and realised/unrealised gains calculations.

The $6000 gain you mentioned is completely right for ETH. I don't have an issue with that its only with the USDT coin.

For me both scenarios from the first link have flaws.

Scenario 1 -
Add deposit of $10,000. Positives are that in the summary section the correct amount of USDT and ETH show after the test trades. 2 ETH current value and $12k USDT ($10k deposit and the $2k profit)
Average Purchase price page I think is showing incorrectly. It shows my $2k coins in profit and that i paid $2k for them. I didn't pay anything for them because its profit so the figure should be minus. On the realised gains page it shows as -$8000 unrealised and +$8000 realised. This doesn't make any sense so as far as I can see. The only positive being that the summary shows the correct amounts I have.

Scenario 2 -
No Deposit and purchase of ETH is just done with a trade for USDT.
First negative is that the summary sections only shows profits of USDT and not the whole amount I currently have in USDT.
The same as the first scenario, on the realised and unrealised page USDT shows as -$8000 unrealised and +$8000 realised and in the average price paid it is still showing the $2000 total and price paid is $1 each. Don't understand how if its profit.

I am a newly paid subscriber but i do feel like if i can get it right your service is actually undervalued. And because of that I am willing to pay someone from your company to help me get started. I cant wait for the slow back to back messages and would maybe need to find a different service and request a refund which i obviously don't want to do. I just want to get this done so I can focus on my trading. I love the look of the cryptosheets add on so I feel like I'm in the right place.

Hello everyone. New user here. How active is this forum?

After scanning through the first 20 pages it seems that the posts mostly involve everyone posting their problems and looking for fixes from the developers rather than a community helping each other. Would be great if they could create a telegram or Facebook group so we can all interact. Support is slow which is understandable as during a bull run i imagine they have lots of new customers. I want to learn some basics and I'm pretty sure there will be some experienced members in the community that could help quicker than admin.

Before i make the jump to a full api import i have been playing around with the software and running some test transactions and i cant seem to figure out how i insert deposit of fiat into the system. in my random test transactions, I added $10k into the account as a deposit, bought 4 eth for $2k each and sold 2 eth for $5000 each. So now in this scenario i bought 4 eth for 8k and have 2k usdt left over, sold 2 for 10k leaving me with 2 eth and 12k usdt.

For some reason in realised/unrealised gains i have a unrealised gains/loss of $8k for usdt and a realised gain of $8k. I have absolutely no idea why this is like this. I've read all the guides and messaged support but its just so slow.

Can anyone help?

ps. I hope all the original users of cointracker from 2013-2018 are sipping drinks from their yacht. What a time you all got into crypto!!