Negative Balances
in CoinTracking?
CoinTracking records more outflows than inflows. TX-Partner clarifies the cause and closes the gap.
30 minutes · Consultation and quote free
Robert & Johannes · personally review your data
The 3 Most Common Causes of Negative Balances
A negative balance is not a bug in the tool, it is the symptom of missing or misread data.
Scam tokens and airdrops
CoinTracking identifies assets by ticker, not by contract. A scam token carrying the ticker USDC is merged with the genuine asset and valued at its price.
DeFi aggregators
With Cowswap, Jupiter or 1inch the outflow is captured while the inflow stays invisible. The result: a sale without consideration and a negative balance.
Manual entries and double imports
A manually recorded transaction and the same event from the API sit in the data twice. An empty or diverging exchange field pushes the balance negative too.
Where a negative balance hits the tax report
CoinTracking calculates with what is imported. If the inflow behind an outflow is missing, the tool books a sale without a balance and marks it in the tax report as Short (Warning).
Cost basis of zero
Without a linked purchase, CoinTracking sets the cost basis to 0.00 EUR. The full sale proceeds show up as a gain, even when none was made.
Long turns into Short
The acquisition date disappears along with the cost basis. CoinTracking can no longer recognise Long and books the sale as Short.
Depot separation is a report setting
With depot separation every source is settled on its own and unpaired transfers raise warnings. Without it warnings disappear, but the report does not get more accurate.
The expensive shortcut
Dumping everything unclear into one category: the balance evens out, the cost basis stays wrong and the error travels into every following year.
Cause first, balance second.
Balances checked
TX-Partner holds the balance per exchange against the real holdings per exchange and wallet. That shows where the negative balance sits.
Contract instead of ticker
Suspicious tokens are verified by their contract in the block explorer and marked as scam or renamed, rather than deleted.
Source added
If a source is missing, it gets added instead of a substitute booked. After that CoinTracking mostly reclassifies correctly by itself.
Correct negative balances for good.
30 minutes that make the difference.
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To the overview