Resources/guides/How to fix missing market price warnings

How to fix missing market price warnings

You may have to review and update transactions where there is no market price available. This error typically occurs when you add a transaction into CryptoTaxCalculator, and we can't determine the market value of the cryptocurrency at the time of the transaction.

Some common scenarios where we may not be able to find the historical market pricing information include: coins that are not traded often; have low liquidity; newly created; are unlisted; or were ICO transactions. Due to the way we obtain our historical pricing information from data aggregators, in these situations, CryptoTaxCalculator assumes a zero dollar price. When this happens you'll get a warning against the transaction itself as seen below:

Zero Dollar Price Warning
Zero Dollar Price Warning

How can I fix this?

To fix this error, you can follow the below steps:

  1. Hover over the row which is missing the price and click 'Edit' on the 'more options' icon:

    Missing Market Price Edit Row
    Missing Market Price Edit Row

  2. On the edit dialogue, you can update the market price (in your local currency) of the coin at the time of the transaction, and then click 'Save':

    Missing Market Price Edit Row
    Missing Market Price Edit Row

  3. Once saved, the notification will disappear from the transaction row:

Missing Market Price Done
Missing Market Price Done

The information provided on this website is general in nature and is not tax, accounting or legal advice. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this information, you should consider the appropriateness of the information having regard to your own objectives, financial situation and needs and seek professional advice. Cryptotaxcalculator disclaims all and any guarantees, undertakings and warranties, expressed or implied, and is not liable for any loss or damage whatsoever (including human or computer error, negligent or otherwise, or incidental or Consequential Loss or damage) arising out of, or in connection with, any use or reliance on the information or advice in this website. The user must accept sole responsibility associated with the use of the material on this site, irrespective of the purpose for which such use or results are applied. The information in this website is no substitute for specialist advice.

Shane Brunette

CEO

Shane Brunette founded CTC back in 2018 after dealing with his own crypto tax nightmare. He has worked closely with accountants and tax lawyers to make it easy for fellow cryptocurrency users to be tax compliant.

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