Cryptocurrency isn’t always bought or sold. Sometimes you move it between wallets, send it to an exchange, or transfer it to someone else. In Navexa, you can record these transfers to keep your portfolio accurate and your trade history complete.
This article explains how to record cryptocurrency transfers in Navexa so your quantities, fees, and reporting stay accurate.
Choose The Right Option
Use the transfer option that matches what actually happened to your crypto.
If you sent crypto to another person or business, use Transfer Out. This usually means the asset has left your ownership.
If you moved crypto between wallets or exchanges you own, record both sides manually using Transfer Out and Transfer In.
If you moved an asset between portfolios inside Navexa, use Transfer Holding instead. This is a portfolio action inside Navexa, not an on-chain transfer.
⚠️ Note: The tax treatment of these scenarios can vary. Navexa does not provide tax advice — please seek professional guidance if you’re unsure.
Open The Holding
Start from the cryptocurrency holding you want to update.
Go to the Portfolio Page.
Scroll down to Holdings.
Select the cryptocurrency holding you want to edit, such as Bitcoin or Ethereum.
Open the Trades tab.
Click Add Trade.
Record A Transfer Out
Use Transfer Out when crypto has moved out of the wallet or exchange represented in that holding.
In the Add Trade window, choose Transfer Out.
Enter the Trade Date.
Enter the Quantity that was transferred.
Enter the Price at the time of the transfer.
Add a Fee if a network or withdrawal fee was charged.
Add the Exchange name if you want to keep a record of where the transfer happened.
Tick CGT Event only if the transfer was a disposal, such as sending crypto to another person.
If you are moving crypto between wallets or exchanges you still own, leave CGT Event unticked.
Record A Transfer In
Use Transfer In when crypto has arrived into the wallet or exchange you are tracking in Navexa.
In the Add Trade window, choose Transfer In.
Enter the Trade Date.
Enter the Quantity that arrived.
Enter the Price at the time of the transfer.
Leave Fee blank unless you specifically need to record a separate incoming fee.
Leave CGT Event unticked if the transfer was between wallets or exchanges you own.
Transfers You Still Own
Navexa does not currently link external or cold wallets automatically. If you move crypto between wallets or exchanges you own, record both sides manually so your quantity and fees stay accurate.
What To Enter
For a transfer between wallets or exchanges you own:
Add a Transfer Out entry.
Enter the quantity that left.
Enter the fee if one was charged.
Leave CGT Event unticked.
Add a Transfer In entry.
Enter the quantity that actually arrived.
Leave the fee blank.
Leave CGT Event unticked.
This keeps the movement recorded without treating the transfer itself as a disposal.
How Fees Work
Transfer fees should be recorded on the Transfer Out entry.
If the fee was paid in the same cryptocurrency, Navexa may treat that fee as a small disposal. That reflects the fact that some of your crypto was used to pay the network or withdrawal cost.
The transfer between wallets you own is not usually the taxable event. The fee paid in crypto may still affect your records because that portion of the asset was spent.
Avoid Common Mix-Ups
Transfer In Or Out
Use Transfer In and Transfer Out for crypto moving on-chain or between exchanges and wallets.
Transfer Holding
Use Transfer Holding when you want to move an existing holding between portfolios inside Navexa.
Transfer Holding does not represent a blockchain transaction. It only changes where the holding sits inside your Navexa account.
Remember, this is general information, not personal financial advice.
2. Add a Transfer
Click Add Trade (either at the top right or in the Trades panel).
In the Add Trade ticket, choose one of the following:
Transfer In: Crypto moved into your wallet/portfolio.
Transfer Out: Crypto moved out of your wallet/portfolio.
3. Complete Transfer Details
Trade Date: Select the transfer date (1).
Quantity: Enter the amount transferred (e.g., 0.01 BTC)(2).
Price: Enter the crypto’s price at the time of transfer (3).
Fee (Optional): Enter any fees and select the currency charged (e.g., BTC or AUD)(4-6).
Exchange (Optional): Record the exchange name (e.g., Binance) (7).
CGT Event: Tick this if the transfer counts as a taxable disposal (8).
Note: Transfers between your own wallets are typically not CGT events.
4. Save the Transfer
Click Add Trade. You’ll then see confirmation with options to:
Add another trade, or
Return to your holding overview.
Transfers Between Your Own Wallets
Navexa doesn’t yet link to external or cold wallets. If you move crypto between wallets or exchanges you own, record both sides manually in this portfolio so quantity and fees are correct and no CGT event is created.
What To Do
Transfer Out (captures the fee)
• Quantity: amount moved (for example, 0.01 BTC)
• Fee: include the network/withdrawal fee (for example, 0.0001 BTC)
• CGT Event: leave untickedTransfer In (restores the quantity)
• Quantity: the amount that arrived (for example, 0.01 BTC)
• Fee: leave blank
• CGT Event: leave unticked
Why this works: Navexa currently treats Transfer Out as leaving your ownership and Transfer In as acquiring. Leaving CGT unticked keeps ownership intact while the fee is recorded.
Worked Example
You move 0.01 BTC and pay a 0.0001 BTC fee.
Record Transfer Out: 0.01 BTC, fee 0.0001 BTC, CGT unticked.
Record Transfer In: 0.01 BTC, no fee, CGT unticked.
Result: Quantity is unchanged overall; the fee is tracked.
⚠️ Don’t Confuse Transfer Types
Transfer In/Out: Records crypto moved between wallets, exchanges, or to another person.
Transfer Holding (via the Actions button): Moves the record of a holding to another portfolio inside Navexa.
Works for any asset type, not just crypto.
Doesn’t represent an on-chain transfer — it’s purely a platform tool.
🧾 About Transfer Fees
When recording a cryptocurrency transfer, you can also include the network fee you paid.
If this fee is paid in the same crypto (for example, BTC for a BTC transfer), Navexa treats it as a small disposal event.
That means a fraction of your crypto is considered sold to cover the fee — this can slightly reduce your capital gain or performance percentage.
This is expected behaviour and accurately reflects what happens on-chain when you pay transaction fees in crypto.
By recording crypto transfers, you ensure your portfolio reflects all wallet and exchange activity — not just buys and sells.