Keeping records of your swaps

Whether for tax, for accounting or for your own sanity, the time to record a swap is the moment it happens.

What to keep

• Date and time.
• What you sent, in units, and what you received.
• The value in your own currency at that moment.
• Both transaction ids.
• The order id.

Where to keep it

A spreadsheet is enough. One row per swap, filled in as you go. Portfolio tools can import from addresses, but they struggle with cross chain swaps and are only as good as what they can see.

Why at the time

Prices need the value on the day, and finding historical prices for a swap you half remember is slow. Addresses get erased on a schedule once an order ends, so the order page will not hold every detail forever.

Swap Heaven can produce a receipt for a finished order. Saving it takes a few seconds and it is the record you will want.