How to classify wrapping/unwrapping tokens?

Accointing review asks me to classify this automatically imported transfer from my polygon wallet:

I was unwrapping some WMATIC to MATIC. What do I enter here as the classification?

Nevermind, it was income from a staking vault. Not unwrapping. Shouldn’t it be possible to automatically classify it?

Here is our current solution: Here is our current solution: Pegged/Wrapped Tokens - The Hub: Crypto and Bitcoin Tax Blog | ACCOINTING.com

We plan to get more advance as we move on, more auto-classifications would be nice :slight_smile:

This topic was automatically closed after 3 days. New replies are no longer allowed.