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A female character with male genitalia.
In the context of Danbooru, the image does not need to directly show whether or not they have female genitalia. If you can visually confirm the lack of a vagina, tag newhalf. If you can visually confirm a vagina, penis, and testicles, tag full-package futanari.
It is not related to real or fictional transgender or real intersex, but is a purely fantasy-based depiction of hermaphroditism.
Futanari is not to be tagged with either hetero, yuri or yaoi.
[Delete this section after reading: I wish you guys would allow edit summaries to explain an edit. Putting the "real" before transgender implies that while futanari may not be related to "real" transgender, that it is some kind of "unreal" transgender. Futanari ISN'T transgender at all, in any context, but it is - clearly - a highly fictionalised - not real - version of intersex. It would make more sense and clear up your meaning if you put real in front of intersex and left transgender as just "transgender" in general without the misplaced adjective - or go with the solution in the edit and specify that futanari is neither real OR fictional transgender. Also at least consider removing the genderswap portion because for many people (and honestly everyone I know) don't consider female to futanari to be genderswap. She's still a full female at the end - just with an added fetish bit. At least consider not supporting one opinion over another.
The following tags are aliased to this tag: dickgirl and futa (learn more).
The following tags implicate this tag: full-package_futanari, futa_with_female, futa_with_futa, futa_with_male, futanari_masturbation, futanari_pov, intravaginal_futanari, and newhalf (learn more).