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The definition of operations when generating a statement

Binance

Cryptocoins Exchanges / Binance 175 Views

Fast question: is there documentation for what particular operations are after generating a press release? For example, after someone downloads a press release from - Wallet > Fiat & Spot > Transaction History > Generate all statements - sure operations are listed in a column, resembling “Buys/Deposits/Charges/Funding Fees/Sell/Withdraw/Understand revenue and loss.” These are easily understandable operations.

Nevertheless, these operations usually are not clearly defined to me: ”Distributions/Insurance coverage Fund Compensation/Small Belongings Trade BNB/Transaction Associated.” Specifically, what is “Transaction Related?” if I've a row that is “Transaction Related” and its “Change” is -1000.00, what does that mean precisely? Wouldn't it be thought-about a “buy” or a “sell?” And in the above instance, is -1000.00 thought-about a taxable event (and capital positive aspects) the place I owe taxes on $1000?

Any help is appreciated.

submitted by /u/cryptodude21
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