Binance BUSD Auto Conversion Support | Feature requests (public)

Binance BUSD Auto Conversion Support

planned

Aaron J

Binance Auto Conversion (BUSD to USDC, USDP, TUSD) is currently not recognized during Sync. Thus, Koinly is showing missing purchases when performing auto conversion to, say, USDC when withdrawing from Binance to another wallet.

February 3, 2023

Dale C

Any information guys? Tax time is very soon and my salary is paid in USDC, I've got a few months that need to be reconciled.

Any new feedback on this, tax deadline is in a week?

Paul

I've been trying but this problem can't be resolved through manual transactions, therefore, we are currently stuck until the team provides a solution or clear instructions on how to work around it. Petur/Koinly team, can you advise a workaround for now for us?

Kevin Zhou

FTX as well does this, this should be fixed!

Petur

Merged in a post:

USDC to BUSD in binance issue

David gg

Binance automatically converts stable to busd and then koinly assumes cost zero when busd appears from "nothing" , i tried making a manual trade usdc to busd but it didnt resolve the problem for me

February 3, 2023

March 1, 2023

Petur

Merged in a post:

Binance API: Automatically convert stablecoins deposits to BUSD

Stanislav Ostrovskyi

As Binance started to convert stablecoins to BUSD, would be good to handle such conversions on Koinly side since looks like Binance doesn't show them.

November 10, 2022

February 23, 2023

Petur

marked this post as

planned

cr_zilla 🧠✖️🦾

Great idea