Price to be informed

Why the price has to be filled in and what to do when this error appears

Updated over a week ago

Hi there 👋

Once you have uploaded your documents and performed your analysis, you may be notified of certain warnings. Among them is the warning “Price to be filled in” and indicates that the price of the token in question has not been recognized by our price aggregators.

What is this warning ?

The capital gain calculation requires knowing the total value of your portfolio at each taxable transfer, so if the price of a token is not covered by Waltio at the transfer date, your portfolio will not be correctly valued.

That's why this warning exists and appears in the “your taxable transactions” step of the analysis:

💡 We use the services of data aggregators, also known as data providers such as Kaiko & CryptoCompare to assign the correct price to each of your transactions.

Why isn't the price recovered?

Today's transactions are priceless because the data is not yet available from our data providers.

It may be a token whose value has changed significantly, and you need to alter the price of your transactions (see below, manually changing the price of a transaction). The price has remained the same and in this case you need to enter it in step 3.
👉 To value the price of the cryptos you have in your wallet, we follow the standard of portfolio valuation: we rely on a daily average of the price retrieved from the different aggregators we use.

If you bought a cryptocurrency with a fiat currency or a stablecoin, we will use the conversion of the one against the other.

Ex: I buy 1 ETH at 2000 EUR on June 15. My ETH portfolio will be valued by one more 2000 EUR.

How to manually change the price of a transaction?

Method 1: You can correct directly in the analysis, by clicking on the token for which the price is wrongly recovered within the taxable transaction, then modifying in the right menu.

Follow this tutorial 👇

💡 To know which tokens you should add to the list of worthless tokens, you can follow this article.

Method 2: You can also correct it on the “My transactions” page:

1️⃣ – Click on the transaction in question to display the transaction details

2️⃣ – Bring up the price comparison (by scrolling to the bottom of the page, right side of the screen)

3️⃣ – Change the price of the token in question using Coingecko for example.

It is advisable to take the average of the day.

a) Once on the Coingecko website, select “EUR”.

Renseigner un prix sur Waltio

b) Enter the search bar the crypto in question (BTC)

Renseigner un prix sur Waltio

c) At the bottom of the page, identify the price of the day using the graph

d) Fill it in Waltio (bottom right)

e) Click on “Enter” or outside the box and the price is saved, then a confirmation message appears.

In case a token had no price, we recommend assigning a price corresponding to 0.00001 because it is not possible to assign a price of 0 to a token on our tool. If your token does not have a price, then you must, in good faith, estimate it. In most cases, unlisted tokens are tokens with no value or very low value.

👉 You now have the option to add these tokens to your list of worthless tokens.

Bravo, the new price is registered 🎉

💡 Waltio may not be able to recover the price of a token that is not directly involved in the transaction but necessary to value your portfolio, an element necessary to calculate a capital gain on a taxable sale. In this case, you will have to assign a price to the “unpriced tokens”:

Let's say that on January 20th you have several tokens in your portfolio, including SGT, and that you make a transfer of ATM against EUR without us being able to recover the price of SGT. Although SGT is not involved in the transaction, its price is necessary to value your portfolio, and you should therefore enter it on the day of the transaction reported as a warning by Waltio.

If you have any other questions, do not hesitate to contact us via the chat just at the bottom right of your screen! 💬

The Waltio Team

Did this answer your question?