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Transaction label “Stake Transfer”

At a glance

▸ Label: Stake Transfer

▸ Direction: 🔄 connects an outgoing transaction (entry) and an incoming transaction (exit)

▸ How the app describes it: “You transferred assets into or out of blockchain consensus staking.”

▸ Where to find it: + Transaction › Transaction Label › group Incoming & Outgoing

▸ Do not confuse with: DeFi Transfer, Transfer, Staking (reward label, for income)

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With the transaction label Stake Transfer you move assets into blockchain consensus staking and bring them back. For this, Blockpit creates a sub-integration, without you having to create a manual integration. The assets stay visible in your total portfolio, and cost basis and holding period are kept.

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For NEAR, Algorand, Solana and Sui, Blockpit records staking automatically in sub-integrations. There you usually do not need the label.

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ℹ️ Good to know: A sub-integration (also called sub wallet for NEAR, Algorand, Solana and Sui) is something different from a subaccount at an exchange, for which you create a separate integration, and something different from the addresses under an xpub, which Blockpit combines in one integration.

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How do I label entry and exit?

1️⃣ Open Transactions and find the outgoing transaction into staking.

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2️⃣ Open the quick action of the transaction or click Edit.

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3️⃣ Choose the label Stake Transfer and save. Blockpit then creates the sub-integration “<Integration> - Staking”.

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⚠️ Caution: Choose the label only for a real transfer of your own assets. If you swap for a liquid staking token (for example ETH for stETH), that is a trade and not a Stake Transfer. Rewards get the label Staking or Interest.

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4️⃣ Check that the sub-integration was created and that the balance is correct (see below).

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5️⃣ For the exit, label the incoming transaction that comes back with the same label as the entry.

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⚠️ Caution: A different label on exit (for example DeFi Transfer instead of Stake Transfer) can cause the balance to stay in the sub-integration. Use the same label for entry and exit.

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Where do I find the result?

▸ Dashboard: In the Dashboard, open the Integrations tab and expand the integration. The sub-integration appears as its own sub-tab.

▸ Filter transactions: Filter Label › Stake Transfer.

▸ Excel template: In the Integration field, enter the name of the sub-integration, for example “<Integration> - Staking”.

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When do I not use this label?

⛔ Native consensus staking with your own staking address: Blockpit already records the staking via the staking address. No Stake Transfer needed.

⛔ Liquid staking (ETH for stETH and similar): That is a trade.

⛔ Rewards: label Staking or Interest.

⛔ Exchanges (CEX): The label is intended for blockchain positions.

⛔ Split transaction: It cannot be merged again. Decide before splitting whether you really have to split it.

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Typical mistakes

✗ Label set although the integration already records staking automatically → the position can appear twice

✗ Liquid staking labeled as Stake Transfer → a swap is treated like a transfer

✗ Rewards labeled as Stake Transfer → the income is missing in the tax report

✗ Different label on exit → the balance stays in the sub-integration

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Blockpit does not provide tax advice. For specific legal questions, please consult a tax advisor.

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