Token sync errors and discrepancies in transaction for Binance accounts
confirmed
Raquel Heller
What is the issue?
Some user might see Binance trades not accurately reflected in CoinTracker for Binance Exchange and Binance Smart Chain Wallet. Examples can include USDC trades misclassified as BNB and other tokens showing discrepancies in transaction history or balances.
What is the workaround?
No action is needed at this time. The issue is being investigated by our engineering team and will be resolved automatically.
For further assistance, please contact our
support team directly
.Thank you for your feedback and cooperation as we work to enhance your CoinTracker experience!
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Sarah T. - CoinTracker
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Sarah T. - CoinTracker
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Binance small amount exchange wrong token
Q
Quickest Heron
Issue with Small Assets Exchange Categorization in Binance Tax API
When using the Binance Tax API, transactions involving the "Small Assets Exchange" feature are miscategorized. For example:
"Spot","Small Assets Exchange BNB","USDC","5.91438701","XRP to USDC"
"Spot","Small Assets Exchange BNB","XRP","-1.87145422","XRP to USDC"
In this case, the API incorrectly treats the received USDC amount as if it were received in BNB, and applies the fee calculation in BNB rather than USDC. This leads to inaccurate tax reporting and asset tracking.
These transactions are correctly listed in the DustLog API, which should be used as the authoritative source for small asset conversions.
Suggested Fix:
Ensure that the Binance Tax API aligns with the DustLog API when categorizing "Small Assets Exchange" transactions, particularly in terms of:
- Received asset type
- Fee denomination
- Conversion direction
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Sarah R - CoinTracker
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