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Bitwave

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Last updated on

Company health

Employee growth
16% decrease in the last year
Web traffic
34% increase in the last quarter
Financing
August 2009 - $28M

Ratings

G2
4.8/5
(28)
Glassdoor
5.0/5
(3)

Bitwave description

Bitwave is an enterprise-grade accounting software designed specifically for businesses managing cryptocurrency, NFTs, and DeFi. It helps automate tax reporting, accounting, and compliance tasks related to digital assets. Bitwave offers features like transaction tracking, inventory management, DeFi monitoring, and reporting tools that integrate with popular accounting platforms like QuickBooks and NetSuite. By providing a comprehensive view of digital asset activity and automating financial workflows, Bitwave aims to simplify financial operations and ensure compliance for businesses in the digital asset space.


What companies are using Bitwave?

GameStop is using Bitwave
GameStop
COmpound is using Bitwave
COmpound
Figment is using Bitwave
Figment
Aptos is using Bitwave
Aptos
Messari is using Bitwave
Messari
Zapier is used by GameStop, COmpound, Figment, Aptos, Messari.

Who is Bitwave best for

Bitwave automates cryptocurrency accounting and tax reporting, making it easier for businesses to manage digital assets. Users praise its excellent customer support and seamless integrations with platforms like QuickBooks and NetSuite. However, some users mention limitations in reporting features and occasional glitches. Bitwave simplifies DeFi tracking and reporting, a crucial aspect for businesses navigating the complexities of the digital asset space.

  • Best fit for small to medium-sized businesses.

  • Ideal for businesses managing cryptocurrency, NFTs, and DeFi.


Bitwave features

Supported

Bitwave supports tracking multiple crypto portfolios.

Supported

Bitwave automatically tracks the cost basis of crypto assets for tax calculations.

Supported

Bitwave supports cryptocurrency expense tracking through transaction tracking and journaling.

Supported

Bitwave imports cryptocurrency transaction history from exchanges and wallets through integrations.


Bitwave reviews

We've summarised 28 Bitwave reviews (Bitwave G2 reviews) and summarised the main points below.

Pros of Bitwave
  • Excellent and responsive customer support.
  • Automates crypto accounting and tax reporting.
  • Seamless integration with accounting platforms like QuickBooks and NetSuite.
  • Comprehensive DeFi tracking and reporting capabilities.
  • Helpful onboarding process with dedicated support.
Cons of Bitwave
  • Limited filtering options on transaction reports.
  • Some blockchains and exchanges require manual uploads.
  • Occasional glitches missing transactions.
  • No custom reporting features currently available.
  • UI/search functionality could be improved.

Bitwave pricing

The commentary is based on 3 reviews from Bitwave G2 reviews.

Bitwave's pricing is considered premium, but users generally find it worthwhile due to the comprehensive crypto accounting solutions, seamless ERP integrations, and excellent customer support. While not the cheapest option, its value proposition justifies the cost for many businesses.

Users sentiment

Strongly positive
+1

See the Bitwave pricing page.


Bitwave alternatives

  • Logo of Cryptio
    bitwave vs Cryptio
    Crypto accounting, simplified. Automated reports. Audit-ready books.
    Read more
  • Logo of Cryptoworth
    Cryptoworth
    Automate crypto accounting, sync with QuickBooks, simplify tax reporting.
    Read more
  • Logo of Cryptotaxcalculator
    Cryptotaxcalculator
    Calculates crypto taxes simply, accurately, across all wallets & exchanges.
    Read more
  • Logo of TaxBit
    TaxBit
    Crypto tax automation: easy compliance, accurate calculations.
    Read more
  • Logo of Integral
    Integral
    Clear crypto accounting, automated books, real-time insights, simplified taxes.
    Read more
  • Logo of Puzzle
    Puzzle
    Automated accounting for startups, offering real-time insights and integrations.
    Read more

Bitwave FAQ

  • What is Bitwave and what does Bitwave do?

    Bitwave is enterprise-grade accounting software for businesses managing cryptocurrency, NFTs, and DeFi. It automates crypto tax reporting, accounting, and compliance through transaction tracking, inventory management, DeFi monitoring, and integrations with platforms like QuickBooks and NetSuite. This simplifies financial operations and ensures compliance for businesses in the digital asset space.

  • How does Bitwave integrate with other tools?

    Bitwave integrates with QuickBooks and NetSuite, streamlining accounting processes. It also connects with various exchanges and wallets for transaction importing, and offers DeFi and NFT tracking capabilities for comprehensive financial management.

  • What the main competitors of Bitwave?

    Bitwave's main competitors include TaxBit, Cryptoworth, and Cryptio. These platforms offer similar cryptocurrency accounting, tax reporting, and portfolio tracking features. SoftLedger and Request Finance also provide overlapping functionalities for digital asset management.

  • Is Bitwave legit?

    Yes, Bitwave is a legitimate enterprise-grade accounting software specializing in cryptocurrency. User reviews praise its automated tax reporting and integrations with platforms like QuickBooks. However, some users mention limitations with reporting features and occasional glitches.

  • How much does Bitwave cost?

    Bitwave doesn't publicly disclose its pricing. Contact their sales team to obtain a customized quote based on your specific needs. Consider exploring alternative crypto accounting software if transparent pricing is a priority.

  • Is Bitwave customer service good?

    Bitwave customers consistently praise the excellent customer support, highlighting the helpfulness and responsiveness of the support team, especially during onboarding. While some users mention occasional glitches, the overall sentiment towards customer service is positive.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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