KVT migration to Stellar - do I need to do anything differently in Cointracking?

There shouldn't be any need to do anything different in Cointracking.
The three letter code for KVT hasn't changed and 1 KVT on Stellar is the same as 1 KVT on Ethereum.
Future transfers and trades will have KVT fees rather than ETH.

Here is a simplified CSV export that just focuses on the transactions around

• a purchase of KVT
• subsequent transfer to a hardware wallet
• the recent crediting of KMS accounts for balances held in a linked hardware wallet

The blue shaded entry would have had to have been created manually, while the others would be generated by the KMS.
I added the text in the Comment field for clarity.

I loaded that file into a fresh Cointracking account via the Kinesis CSV import page,

Here are the Transactions in Cointracking:




Here's the Closing Position from a tax report using the FIFO method and USD as currency.
The Trade transaction established the closing balance.
Deposit and Withdrawal transactions are ignored for these purposes as they are assumed to be transfers between own accounts/wallets.
They therefore don't increase/decrease balances or affect capital gains/income calculations.




For completeness, I manually added a Withdrawal from hw wallet as even if the ERC20 KVT in the wallet were actually retired, conceptually this balances where the deposit has come from.
(withdrawal from hw wallet, deposit to KMS).
This withdrawal is not needed and won't have any effect on tax calculations.



Then re-calculated and re-ran the tax report.
Here again is the Closing Position report.

 

[Uchiki]

If there had been a change of code eg old = KVT, new = KVT1, then there would have been a need to use the Swap feature, as described here for KAU and KAU2.

If your existing Kinesis gold in Cointracking is still KAU, then you can create a Trade record to swap your balance of KAU at the time of your last Cointracking data to KAU2.

You can do this via the Enter Coins page, New.
You should set the date to just after the last transaction you already have in Cointracking.
Make sure that you include "Swap" in the Trade Group field.

 

[Schlepti]

Feel free to move this to a more appropriate place @Uchiki but I have been watching the KVT market outside the KMS very closely.

It seems the buyers have started to raise their price and there's almost no sells left. Less than 4 KVT listed on the market.

It's a mostly illiquid market with off screen buyers doing most of the moving and seemingly a bot running in the background, however no semblance of a market dump has appeared.

I suspect most people are still unaware of its existence and there could still be some selling pressure on the official KVT market launch but everything looks good to me for holding its price.

People can view the market here if they're unaware:

StellarTerm: Stellar Trading Client

Trade on the Stellar Decentralized Exchange. StellarTerm is an open source client for the Stellar network. Send, receive, and trade assets on the Stellar network easily with StellarTerm.

stellarterm.com