Automatic balancing with zero cost basis is one of the most expensive errors in Blockpit. TX-Partner identifies the causes and prepares your documentation correctly.
Initial assessment of your Blockpit data - 30 min.
A Blockpit integration with DeFi usage. One missing bridge transaction led to a chain of follow-up problems:
"Balance Mismatch (20)" indicates that the calculated and on-chain balances don't match for 20 assets. ETH shows -1.28 ETH or -€2,204 difference.
Blockpit compares calculated and on-chain balance. If they don't match, the dashboard shows a warning. These are the scenarios TX-Partner sees most frequently.
The API import or CSV export doesn't cover the entire period. Transactions from before 2020 or 2021 are often completely missing because many exchanges only provide limited history.
Existing transactions weren't correctly merged. A common mistake: instead of merging existing transactions into the transfer, manual entries are made – leading to duplicate entries.
DeFi activities like bridges, swaps, or staking are often not correctly recognized. Blockpit sees the balance but not how it arrived – leading to mismatches.
Crypto tax tools calculate based on imported transactions. If the crypto documentation – the transaction history in the tool – has gaps, every tax calculation based on it will be incorrect.
Crypto Documentation
Transaction history in crypto tax tool
Tax Calculation
Crypto tax tools & tax advisors
Compliance
DAC8, tax authority, tax advisor
If step 1 isn't correct, steps 2 and 3 cannot be correct.
When Blockpit detects a difference, it automatically creates a "+ Balancing" entry with cost basis €0.00. Upon a later sale, the entire proceeds are calculated as profit.
"+ Balancing" means: Blockpit automatically adds the missing assets - but with cost basis €0.00. Upon selling 1.278 ETH for €4,278, the entire amount is reported as taxable profit, even though you originally purchased the ETH.
TX-Partner analyzes the cause of balance mismatches – not just the symptom. The transaction history is completely reconstructed: missing imports, DeFi transactions, exchange gaps.
Crypto documentation is the foundation. If it's correct, everything afterward is correct.
Root Cause Analysis Instead of Symptom Treatment
TX-Partner finds why the balance deviates – not just where.
DeFi, Bridges, Multi-Chain
Even complex scenarios that standard imports don't cover.
Audit-Ready for Tax Advisors and Authorities
Documentation prepared to be reliable.
Tool-Agnostic
Blockpit, CoinTracking, and others – TX-Partner knows the tools.
Cost basis 0€ because history is missing? How to reconstruct missing data.
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The most common Blockpit balance errors and how to fix them.
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Why clean documentation is the foundation for tax, bank and compliance.
Read articleFree review of your Blockpit data as the foundation for correct tax reports and proof of funds.
Free Documentation Check