DeFi stands for Decentralized Finance and enables the transfer or trading of crypto assets within one or more decentralized networks (blockchains). The requirement for this is the smart contract capability of the corresponding blockchain (Polkadot). Often, your crypto assets do not even have to leave your private crypto wallet. It is enough to sign a smart contract between you and the decentralized application (dApp).
Polkadot transactions can be imported automatically into your Blockpit Wallet Depot via public key.
The following Polkadot based transactions are automatically imported:
All native transactions (incl. Transfers, Staking, etc.)
All kind of Extrinsics
Cross Chain Transfers of DOT
Swaps are the exchange (trade) of one crypto asset for another. Swaps are processed via decentralized exchanges (DEX).
Why is my swap recognised as unlinked deposit and withdrawal?
Staking, Lending, Airdrop & Bounty Rewards
If rewards are getting imported as Deposit, you can reclassify these transactions to the appropriate transaction type (Staking, Lending, Airdrop or Bounty) as shown in the image below.
Tip: Free NFT mints can be reclassified as Airdrops. You can identify them by the transaction note "Fallback_Claim".
My transactions are imported incorrectly!
- Create your depot a second time under a different name and check if your transactions are now imported correctly.
- If your transactions are imported under an incorrect transaction type, you can edit them manually. Alternatively, please send us your public wallet address (public key) as well as the corresponding transaction hash from Polkascan via ticket.
How does the asset balance calculation differ between Synced- and Unsynced Depots?
Why is my asset displayed as „Unknown“ in the depot balance?