Bitwave

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Bitwave
Score 8.6 out of 10
N/A
Bitwave provides enterprises a drop in solution for handling digital assets. The platform offers complex tax tracking capabilities, automatic mark-to-market capabilities, crypto invoicing, and crypto bill pay. It is a multi-user, multi-sig wallet that helps businesses hold their coins safely, securely, and compliantly; it is a fuback-office software solution for businesses using crypto, holding tokens, etc.N/A
Pricing
Bitwave
Editions & Modules
No answers on this topic
Offerings
Pricing Offerings
Bitwave
Free Trial
No
Free/Freemium Version
No
Premium Consulting/Integration Services
No
Entry-level Setup FeeNo setup fee
Additional Details—
More Pricing Information
Community Pulse
Bitwave
Considered Both Products
Bitwave
Chose Bitwave
Bitwave has Solana Chain support. NetSuite integration support. these others did not have both of these at the time of our discovery process.
Chose Bitwave
Legible was similar service but too high in pricing. Coinpanda was able to support some chains that Bitwave wasn't able to automatically support; however, Coinpanda was a less professionalized operation with less customer support.
Chose Bitwave
I don't want to tear apart a competitor, but I have used & evaluated a number of digital asset tracking systems. The biggest issues I found with most other products is simply that the product did not correctly record transactions. Some digital transaction can involve many …
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Bitwave
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User Ratings
Bitwave
Likelihood to Recommend
8.6
(4 ratings)
User Testimonials
Bitwave
Likelihood to Recommend
Bitwave
If you are mainly using Bitcoin, ERC-20 tokens, or any supported chains where they have automatic data retrieval the system is great. The biggest issue, which Bitwave is constantly working on, is not supporting automatic transaction retrieval of specific crypto blockchains. They currently have a workaround by allowing manual uploads of unsupported chains (i.e., layer two chains like Arbitrum or Cosmos-based chains). The Bitwave platform still works excellently with unsupported chains; however, it is just a little more time-consuming b/c transactions are inputted using a CSV file that needs to be correct. But I imagine they will continue to add new supported chains, and since I have been a customer, I have seen the number of blockchains they support at least double.
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Pros
Bitwave
  • Ability to categorize taxable and non-taxable transactions.
  • Able to handle DeFi transactions.
  • Documentation support to track digital asset balances & locations.
  • Can read token transaction activity better than most wallet explorers.
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Cons
Bitwave
  • Bitwave can seemingly miss picking up some transactions due to glitches, but if you discover them, they can resolve them.
  • Ability to re-sync transactions to ERP if there are changes, without having to delete said transaction in ERP first
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Alternatives Considered
Bitwave
Legible was similar service but too high in pricing. Coinpanda was able to support some chains that Bitwave wasn't able to automatically support; however, Coinpanda was a less professionalized operation with less customer support.
Read full review
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