ICO – Coins you have received from participating in an Initial Coin Offering

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If you have participated in an ICO and the deposit is actually the inflow of ICO coins, then classify it as “ICO”.

You can select from withdrawals-list these payouts, that were investments in the ICO and are linked to the deposit.

The certified Cryptotax software then automatically records the payouts as sales and sets the ICO coin purchase date to the payout date. In the report, the transactions are shown as ICO Investment and ICO token inflow.

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