Transactions - Germany - Deposit labels | Waltio Help Center 😃 🇬🇧

📝 Description

This guide lists the deposit labels available on Waltio for German users. Each label has a specific tax impact on FIFO calculations and the taxation of your operations.

👉 AP = Acquisition Price

⚠️ Warnings

The applicable calculation method in Germany is FIFO (First In, First Out) on a per-wallet basis.
The 12-month holding period rule applies: disposals after more than 12 months are tax-free under §23 EStG.
The annual €1,000 exemption limit (Freigrenze) for private sales (§23 EStG) applies to the total net gains across all private sales during the calendar year.

⚖ Summary table of deposit labels

Label	FIFO Impact / Acquisition Price	Taxable?	Impact on Crypto Quantity	Examples
CFD Gains	AP: market price upon receipt ✅ Integrated into FIFO	✅ Specific tax regime ❌ Not taxable in Waltio	⏫ Increase	👉 Consult a tax advisor — specific regime. Create a "CFD" category in the summary to record the amount.
No Label	AP: €0 ✅ Integrated into FIFO	❌ Not taxable	⏫ Increase	❗️All deposits must be labeled or matched.
Masternodes & Staking	AP: market price upon receipt ✅ Integrated into FIFO	✅ Other income from services (Sonstige Einkünfte aus Leistungen)	⏫ Increase	Staking reward of 0.3 ETH, valued at $300 upon receipt → AP: $300; taxable base: $300.
Mining	AP: market price upon receipt ✅ Integrated into FIFO	✅ Other income from services (Sonstige Einkünfte aus Leistungen)	⏫ Increase	Mining reward of 1 ETH, valued at €1,000 upon receipt → AP: €1,000.
Play2Earn	AP: market price upon receipt ✅ Integrated into FIFO	✅ Other income from services (Sonstige Einkünfte aus Leistungen)	⏫ Increase	Play-to-Earn reward of 1 EMY, valued at €1,000 upon receipt → AP: €1,000.
Liquidity Withdrawal (simple return of provided liquidity, excluding gains)	AP: equal to the initial AP of the crypto deposited into liquidity ✅ Integrated into FIFO	❌ Not taxable	⏫ Increase	Bought 1 ETH for €1,000, deposited into a liquidity pool, then withdrawn when ETH is worth €2,500 → AP: €1,000.
ICO	AP: €0 ✅ Integrated into FIFO	❌ Not taxable	⏫ Increase	Receipt of 100 EMY, valued at €1,000 → AP: €0.
Cashback	AP: market price upon receipt ✅ Integrated into FIFO	✅ Other income from services (Sonstige Einkünfte aus Leistungen)	⏫ Increase	Cashback of 0.01 BNB, valued at €10 upon receipt → AP: €10.
Airdrop	AP: market price upon receipt ✅ Integrated into FIFO	✅ Other income from services (Sonstige Einkünfte aus Leistungen)	⏫ Increase	Airdrop receipt of 1 EMY, valued at €100 → AP: €100.
Fork	AP: €0 ✅ Integrated into FIFO	❌ Not taxable	⏫ Increase	Receipt resulting from a fork, valued at $100 → AP: $0. 💡 Forks are not taxable in Germany.
Other Gains	AP: market price upon receipt ✅ Integrated into FIFO	✅ Other income from services (Sonstige Einkünfte aus Leistungen)	⏫ Increase	❗️Try to avoid using this label whenever possible.
Salary	AP: market price upon receipt (see payslip) ✅ Integrated into FIFO	✅ Specific regime: employment income ❌ Not taxable in Waltio	⏫ Increase	👉 Consult a tax advisor — specific regime. Create a "Salary" category in the summary to record the amount received.
Swap	AP: initial acquisition price of the sold crypto ✅ Integrated into FIFO	❌ For the deposit ✅ The disposal (withdrawal) — not the deposit — is taxable	⏫ Increase (with the received crypto)	Sale of 1 BTC for 10 ETH (1 ETH = €1,000) → AP of the 10 ETH: initial AP of the BTC.
Buy Crypto (with fiat)	AP: purchase price ✅ Integrated into FIFO	❌ Not taxable	⏫ Increase	Buy 1 BTC for €10,000 → AP: €10,000.
Scam	AP: €0 — disregarded ❌ No FIFO impact	❌ Not taxable	⏸️ No impact	Scam valued at €1,000,000 → AP: €0.
Internal Transfer	AP: initial AP of the transferred crypto ❌ No FIFO impact	❌ Not taxable	⏫ Increase	Buy 1 ETH on Binance for €1,000, then transfer to MetaMask when ETH is worth €3,000 → AP: €1,000.
Unstaking	AP: initial AP of the staked crypto ❌ No FIFO impact	❌ Not taxable	⏸️ No impact	Buy 1 ETH for €1,000, stake it, then unstake when ETH is worth €3,000 → AP: €1,000.
Donation / Gift	AP: fiat value of the donation sent and declared by the recipient ✅ Integrated into FIFO	❌ Not taxable	⏫ Increase	Gift of 1 BTC worth $15,000 when sent; upon receipt, 1 BTC is worth $16,000 → AP: $15,000.
Loan	AP: purchase price corresponding to the loan amount upon receipt ✅ Integrated into FIFO	❌ Not taxable	⏫ Increase	Borrow 0.5 BTC when 1 BTC is worth €8,000 → AP: €4,000.
Collateral Repayment	AP: initial AP of the crypto used as collateral ❌ No FIFO impact	❌ Not taxable	⏸️ No impact	Buy 10 ETH for €8,000, deposit as collateral, then retrieve when 10 ETH are worth $15,000 → AP: €8,000.

💡 Additional Information

To label your transactions, head to the My Transactions page.
For more details on German crypto taxation, check out the dedicated article in our Help Center.
To understand LIFO and FIFO calculation methods, consult the article on Calculation Methods.