Investing in ICOs needs to be added to Coinpanda to give you accurate tax information.
Buying into an ICO is essentially the same as making a cryptocurrency trade through an exchange where you are trading one coin for another. You can either import the transaction automatically with auto-sync for your Ethereum address, or you can add these transactions into our generic Excel file and upload the file to Coinpanda.
For example, let's say you sent 5 ETH to a wallet address and in turn received 2,000 ICX coins for their ICO. You would then add this into the generic Excel file this way:
5 ETH as the coin sold/sent
2,000 ICX as the coin bought/received
Then save the file and upload it to Coinpanda.