I bid on some Ethereum Name Service domains names (eg accointing.eth).
This process required:
- placing bid
- waiting to see if you won
- if you won, you got some money returned (your bid - second highest bid)
- if you lost, you got your whole bid returned
- a year later they returned all winning bid ETH and switched to a pay by year system
How should I categorize 1,3, and 4?
My hunch is to label them as internal transactions as the funds lived in a smart contract until I won or lost the auction.