Trade Transactions

AssetView supports a transaction type called Trade in which the base currency (i.e. $US) does not participate in the buy or sell side of the transaction. This is in contrast to other transaction types such as a Buy transaction where the base currency is exchanged for an asset. In a Trade transaction, you buy an asset in exchange for another asset. Trade transactions are often used with cryptocurrency assets, such as when you buy Bitcoin with Ethereum.

Still, regarding trade transactions, AssetView establishes a value for the transaction delineated in the base currency for the purpose of making a cost basis entry. Note that performance indicators in AssetView use calculations where cryptocurrency balances are valued in the base currency (i.e. $US).