Bridging enables the transfer of assets between different blockchain networks. However, not all blockchain networks support bridging functionality.
To properly record these transactions in CoinTracker, you can manually link or bridge two eligible transactions:
- From the Transactions page, select the two transactions you wish to bridge or link.
- Click Link transactions in the menu at the bottom of the screen.
- A confirmation message will appear displaying the bridge or link details.
- Select Update to finalize the changes.
If the Link Transactions option is not available in the menu, it means the selected transactions are not eligible to be linked.
Tax treatment
- Linked Bridge transactions are considered non-taxable.
- Linked Trade transactions are taxable.
Learn more about transaction categories and their tax treatment.