[GNC] cryptocurrency with many decimals

[John Ralls]

Yes, you'll have to move XLM to the CURRENCY namespace. GnuCash *should* allow that since the symbol starts with X.

Regards,
John Ralls


> On Sep 13, 2019, at 1:57 PM, Christian Pinedo Zamalloa <chr.pinedo at gmail.com> wrote:
> 
> Yes, perhaps using XLM as the security/currency of Expenses:XLM is the
> best approach. I tried it. However I can't set XLM as currency of the
> Expenses:XLM account. I defined the XLM under "CCC" (cryptocurrency)
> namespace and it seems that in a Expense account I can only select a
> national currency under "Currencies" namespace.
> 
> Do yo know, what I should have to do? to define XLM under "Currencies"
> namespace, or a configuration change.....
> 
> Thanks!
> 
> El vie., 13 sept. 2019 a las 20:02, John Ralls (<jralls at ceridwen.us>) escribió:
>> 
>> 
>> 
>>> On Sep 13, 2019, at 10:40 AM, Christian Pinedo Zamalloa <chr.pinedo at gmail.com> wrote:
>>> 
>>> Hello,
>>> 
>>> I am taking part in the airdrop of Stellar Lumens (XLM) in the keybase
>>> application so I received some free XLM cryptocoins that I would like
>>> to account with gnucash.
>>> 
>>> The problem I have is the number of decimals. Cryptocurrency uses up
>>> to 7 decimals (11,1234567) and the price of the currency is often
>>> available with 6 decimals, for example, yesterday's XLM/EUR price was
>>> 0.052929 (https://www.investing.com/crypto/stellar/xlm-eur-historical-data?cid=1129224)
>>> 
>>> I configured an stock account in gnucash to track XLM coins: I set the
>>> numbers I received with 7 decimals, I enter the price (this is round
>>> to 4 decimals) and finally I get the value rounded to only 2 decimals
>>> (this is the main problem).
>>> 
>>> The problem I have is that I need to enter very low fees of 0,00002
>>> XML @ 0,052929  = 0,000001059 € (from Asset:XML to Expense:XML). So
>>> these commissions are rounded to 0 € of value by gnucash and my
>>> balance fails because I reduce the number of XML coins for 0 euros.
>>> 
>>> What could I do to face it? Thanks!
>> 
>> You need to change the commodity in your Expense:XML account to XML. Fractions of Euros (and any other real-world currency) smaller than 1/100 simply don't exist.
>> 
>> Regards,
>> John Ralls
>> 
> 
> 
> -- 
> Christian Pinedo Zamalloa (zako)
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