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Cryptoworth Reviews and Ratings

Rating: 9.9 out of 10
Score
9.9 out of 10

Reviews

8 Reviews

Intuitive interface, seamless integration with multiple exchanges and wallets. Excellent customer support.

Rating: 10 out of 10

Use Cases and Deployment Scope

It simplifies the work of looking into crypto transactions in a more efficient way.

Pros

  • Connects wallets and exchanges in one place
  • Easy to use
  • Very responsive customer support
  • Takes user suggestions seriously

Cons

  • Only minor issues that gets resolved instantly
  • Hope it can create one journal entry for bulk transactions that are similar in nature. One entry in a week/month for example.

Likelihood to Recommend

It simply connects everything into one place.

Great Software for SMEs

Rating: 7 out of 10
Incentivized

Use Cases and Deployment Scope

We are a decentralised exchange on Sui. Cryptoworth helps us to correctly calculate and report our crypto revenue & transactions.

Pros

  • Has many integrations with chains and tokens
  • Has a comprehensive classification system
  • Has a very responsive customer support team

Cons

  • The platform is prone to bugs
  • The UI/UX is rather confusing to use and takes time to get used to
  • Takes a considerable time to load and import all transactions

Likelihood to Recommend

As a company that uses multiple wallets, many swaps between assets and users, Cryptoworth might not be the easiest solution to use.If you have a low number of monthly transactions and a fairly uncomplicated structure, then Cryptoworth will be a good and cost-effective solution.

However, if you think that your company has lots of transactions, multiple chains, complicated reporting requirements, etc., then Cryptoworth might not be the best solution because you'd spend more time fixing bugs with the CS team than actually doing accounting.

Very Scalable Addition to our Reporting Processes

Rating: 9 out of 10

Use Cases and Deployment Scope

Our company has numerous wallets and exchange accounts on the blockchain, over 50. Trying to manage these in the past and keep track of taxable events, business revenue, internal transfers, gas fees, vendor expenses paid via blockchain etc has been extremely difficult. Since we started using Cryporworth, it's been a major improvement.

Pros

  • Customer Service
  • Numerous connections
  • Value for Money

Cons

  • Accounting experts on team
  • The program can be a little glitchy from time to time

Likelihood to Recommend

Cryptoworth is especially well suited for high volume, bigger enterprises with transactions stored across multiple places. Their support team is very accessible and friendly and willing to use whatever instant messenger app is most useful for your business. Subledger software is a newer concept and you can tell it's still being revised but Cryptoworth is definitely one of the best in the market right now.

Customer driven features

Rating: 10 out of 10

Use Cases and Deployment Scope

We use Cryptoworth as our crypto subledger with millions of dollars in crypto over 50,000 historical transactions . We are project that transacts in our native token as well as many other chains. The team at Cryptoworth not only integrated and supported us while other subledger companies wouldn't, but they also are very attentive to feedback and product improvements. There is so much nuance in this industry and we can count on them to help navigate it and incorporate any new practices.

Pros

  • Customer service and feedback
  • Flexibility and openness to new transactions or chains
  • User experience is great, intuitive, and always seems to get better

Cons

  • There have been a few times in the past where the infra was timing out or slow. We would wait and come back to it working later
  • Bill forwarding from email would be a nice feature to have
  • Sometimes snapshots don't get all assets

Likelihood to Recommend

I think that anyone using a subledger at all would benefit from Cryptoworth. Foundations or other projects with native tokens would absolutely benefit because the team is always willing to add chains and integrate based on customer needs. Subledgers are more for a business / enterprise use case so for individuals maybe some other coin trackers would be better.

Vetted Review
Cryptoworth
1 year of experience

Cryptoworth- "if you are in Crypto, it is worth it"

Rating: 9 out of 10

Use Cases and Deployment Scope

It is a great and essential tool for any individual or company dealing with digital assets. Finally you can consolidate your portfolio at one place and use the data to feed into your accounting ERP and also helps your with your tax compliance. Most well known exchanges, wallets, blockchains work seamlessly with API and for anything really specific other solutions are available to import your data. I really like the way that the accounting journals of transactions can be customised and the dashboard and other product features makes it easy to navigate through your transactions. Customer service is superb and the team is really supportive to enable you to use the product to its full potential.

Pros

  • accounting tool to plug into your ERP
  • great dashboard that shows your positions of your portfolio
  • reports, tax and other essential calculations made easy
  • easy to connect your data with the most often used wallets, exchanges....etc.
  • very easy to use user interface
  • high level of customisation is possible if required
  • fantastic customer service
  • very useful HelpCentre if you need to help

Cons

  • more API connections with some exchanges
  • more feedback, explanations on some of the error messages that guide you to correct your data
  • it would be great to be able to preview a journal for a specific transaction, before you do the Sync with the ERP

Likelihood to Recommend

It takes some time to get to know the product and arrange, classify your data, but once it is done it is worth it. Cryptoworth is highly recommended if you use crypto on daily level and you need to import these data into your accounting software automatically.

Vetted Review
Cryptoworth
1 year of experience

VP Finance Experience Review - Cryptoworth, Super Recommended !

Rating: 9 out of 10

Use Cases and Deployment Scope

After years of manual work regarding Crypto accounting, we have implemented CryptoWorth - The team is very reliable, experienced, professional, and responsive. The system helped us set up our vast database using multiple tools. In addition, working with CW on a monthly basis is really convenient. The workflow is great and accurate and answers all of our compliance and accounting needs. Furthermore, for any specific feature that needs to be added, the team is very responsive and will definitely solve any problem or need you may have (Very important as each Crypto company has a lot of different aspects and needs). Also, tax-wise and reporting-wise, CW works like a charm. After reviewing and using a couple of Crypto accounting management software, I must say this is the best and I highly recommend it - Also the pricing is very reasonable.

Pros

  • Crypto accounting and compliance
  • Various reports
  • Tax matters
  • Crypto montioring
  • Responsive and professional team

Cons

  • Some minor bugs on UI & UX side

Likelihood to Recommend

All Crypto accounting and monitoring-related matters - Works fantastic. If you worked manually until today and you wish to establish your past tx data for monthly work, super recommended !!

Crypto Accounting at its Finest

Rating: 9 out of 10
Incentivized

Use Cases and Deployment Scope

Cryptoworth is a crypto accounting software that allows users to easily organize and track their cryptocurrencies in one place. NFT accounting, automation of crypto reporting, invoice and billing, and accounting and tax are some of the uses that can be done with Cryptoworth. Portfolio tracking can be done easily through the platform, whether it is done on the website or the mobile app.

Pros

  • NFT accounting.
  • Invoice and billing.
  • Crypto reporting.
  • Accounting and tax.
  • Aesthetic website and mobile app.

Cons

  • Different themes on mobile app.
  • Ability to organize website platform.
  • Better pricing options.

Likelihood to Recommend

Cryptoworth is an easy recommendation to others who have extensive investments in crypto and need a platform to organize everything. Also, this is also a great platform for those who are starting out with investing in crypto. There are different packages with pricing that is accessible for everyone and even a free option for those who first want to get a feel for Cryptoworth.

Vetted Review
Cryptoworth
1 year of experience

Crypto Tax Sorted

Rating: 8 out of 10

Use Cases and Deployment Scope

CryptoWorth was used as a trial alternative to the coin tracking app. It helps keep track of any taxes and crypto transactions. It allows our business to account correctly quarter by quarter for fluctuations in price. To top it all off they offered a free trial in order to do so.

Pros

  • Has a large array of crypto currency.
  • Clean UI.
  • Good support.

Cons

  • Fees after trial.

Likelihood to Recommend

It may not be needed by all yet but will become more applicable as tax and self-assessment on crypto assets get cracked down on. It's best to stay ahead and use these products early in order to stay on top.

Vetted Review
Cryptoworth
1 year of experience