Add XO Cash pricing and accurate cost-basis tracking
S
Shared Impala
Please add full pricing and transaction-tracking support for XO Cash (XO) on the Solana network.
XO Cash is a USD-backed stablecoin used by Exodus Pay. It is intended to maintain a value of 1 XO = $1 and appears as the cash balance within Exodus Pay and the associated Exodus wallet.
CoinTracker currently imports my XO Cash activity but does not appear to recognize or price XO correctly. In particular:
XO Cash transactions do not consistently receive a USD value.
Acquisitions of XO using USD do not establish the correct USD cost basis.
When XO is subsequently swapped for another asset, CoinTracker shows a missing or zero cost basis.
This can make the swap appear to generate an incorrect taxable capital gain.
Transfers of XO between Exodus Pay and the associated Exodus wallet should be treated as transfers of the same asset, not as separate acquisitions or disposals.
Please add support to:
Recognize the official XO Cash token on Solana as XO Cash rather than an unknown or unpriced token.
Apply accurate current and historical USD pricing, generally $1 per XO because it is a USD-backed stablecoin.
Record USD-funded XO purchases with a cost basis equal to the amount paid, including any applicable fees.
Carry that cost basis forward when XO is transferred or exchanged for another asset.
Correctly distinguish purchases, transfers, swaps, rewards, and payments involving XO.
Recalculate affected portfolio balances, proceeds, cost basis, and taxable gains after support is added.
Official product information is available at xocash.com and through the Exodus Pay support documentation.
This is important for tax accuracy because missing XO pricing or cost basis can materially overstate gains when XO is exchanged for another cryptocurrency.
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