Bridging in crypto allows assets to be transferred between different blockchain networks, but only certain networks support this functionality.
To represent these types of transactions, you can link or bridge two eligible transactions:
- From the Transactions page, select two eligible transactions to bridge or link.
- Click Change category and select Link transactions.
- A confirmation message will appear with the bridge or link details.
- Select Update.
If you do not see the Link transactions option it means the transactions are not eligible to link.
Tax treatment
- Bridge transactions (Send and Receive) are non-taxable.
- Linked transactions are taxable.
Learn more about transaction categories and their tax treatment.