r/OCryptoCanada

So I've been holding BTC ETH SOL and rebalancing monthly for over a year. Found out this year that selling ETH to get CAD and then buying BTC with that CAD is apparently two separate events for CRA purposes, not one.

I now have 67 entries to reconcile from rebalancing alone. My accountant was not impressed.

Is everyone else just accepting this or is there a way I'm not seeing to reduce the transaction count?

Been trimming ETH monthly when it runs up. Checking rate on Newton, comparing NDAX, deciding if switching is worth it, calculating what to sell, executing through CAD, waiting for settlement, buying.

The actual trades take maybe 10 minutes. Everything around them is the other 50.

Is this normal or am I doing something inefficient?