Coinbase Pro to Coinbase transfers are not being auto merged and instead show as send/receive with gains and losses.
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L
Lime Junglefowl
When moving my assets from my Coinbase Pro account to my Coinbase account I've noticed that the transactions are no longer auto merged, meaning they don't show as a transfer but instead as 2 separate deposit/withdrawl transactions with associated profits and losses.
This issue did not start happening until recently it seems. I wonder if it has to do with the deposit showing up before the withdrawl.
P
Petur
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This has now been fixed.
If some of your transfers are not merging, please try to click on the 'Delete Cache' button in your settings.
If this does not solve the issue then please reach out to support or comment here below :)
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White Cod
Petur: Im afraid still not working for me. CSV cbpro not merging with coinbase api. cache deleted as suggested
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Asleep Gecko
Petur: Thanks Petur. However this is still not fixed on our end. Had same issue yesterday with new data that I imported.
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Petur
Asleep Gecko:
Hi Chris,
I've just sent you a message :)
A
Asleep Gecko
Petur: The CB Pro CB API is not fixed correctly. Below timing issues is causing 0 cost basis when in the same minute. The below is in order by oldest first, however the sequence of transactions are wrong in Koinly. The 0 cost basis is now transferred to the ETH wallet and causing havoc there.
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Asleep Gecko
Petur: Hi Petur, this is still not fixed. It takes my team hours to manually search for and fix all the Coinbase - Coinbase Pro transfer issues. I am reasonably convinced that a lot of user's gains will be inflated who are not aware to check for this.
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Elderly Rook
Asleep Gecko: yep I second that. I've got lots of manual merging to do after a wallet delete.
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Petur
Merged in a post:
Coinbase Pro withdrawls not working
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Aqua Weasel
When I withdraw from Coinbase Pro, I get a "Send" transaction from Pro -> Coinbase but no transaction from Coinbase -> Wallet.
This is causing all of my withdrawls to appear as sends + deposits instead of transfers.
I have tried doing a full sync from beginning but it doesn't seem to solve the issue.
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Lime Junglefowl
I believe this issue was resolved as part of the fix for https://feedback.koinly.io/bug-reports-public/p/coinbase-advanced-trading-not-imported-correctyl
I had to completely delete my coinbase wallet and reimport to fix the issues. Simply syncing from the beginning did not correct it.
Thanks for the fix!
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White Cod
boo not yet fixed for me. Fiat and crypto transfer still just sends and deposits. I've tried Jessica's tip of recreating the wallets but to no avail.
CB is API, CBpro is csv
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Silver Dog
Additional information "starting in 2022 all USD Deposits into Coinbase Pro are now showing as a Deposit from my bank into Coinbase and a Withdrawal from Coinbase to Coinbase Pro. In 2021 these showed as a Deposit into Coinbase and a Transfer from Coinbase to Coinbase Pro."
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Tan Lungfish
Same problem, after importing the CSVs for Coinbase (Reports -> Transaction History, not Settings -> Privacy, because that takes days to get) and Coinbase Pro. While the Coinbase Pro "Account" export does include deposits from Coinbase, their counterparty is not marked as Coinbase, and Coinbase does NOT export transfers to Coinbase Pro. So there might be no way to match these up if importing from CSVs.
In that case, CSV imports should be prominently discouraged.
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Lime Junglefowl
Tan Lungfish: I'm using the API and having the issue also.
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Ideological Dolphin
Yep same thing happened to me today. Moving ADA from Coinbase Pro to Coinbase appears in Koinly as two items - a withdrawal and a deposit, rather than a single non-taxable internal transfer. Similar to Jessica I don't remember seeing this last year, and I can see a correctly flagged transaction in November.
Appreciate I can merge manually, but to be honest I'm wary of making this a habit - I assume all the merging I will be lost if I ever need to delete/recreate a wallet (trying to solve a syncing problem for example). This would mean months, or maybe years worths of transactions need to be manually merged. Or worse I forget and the tax calcs are wrong. yikes.
Koinly does a great job in flagging portfolio to portfolio transfers on CBPro as internal transfers. It would be great to see this work for CBPro to Coinbase asset movements too.
Thanks for all the hard work. A big fan of Koinly in general :)
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Purple Grouse
I was able to fix this by manually merging the 2 transactions (the CB Pro out and the wallet in). Seems to work fine after that.
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Aqua Weasel
Purple Grouse: Yeah, but it should be automatic. I have a lot of withdrawals and I don't want to have some manual error on accident. Plus then I have to remember every time I withdraw from Coinbase to manually fixup the transactions, and if I forget I might not remember later