Bitwave

Bitwave

5 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Bitwave	Score8.9 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

No answers on this topic

Pricing Offerings
Bitwave
Free Trial
No
Free/Freemium Version
No
Premium Consulting/Integration Services
No

No setup fee

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Community Pulse
Key User Insights
	Bitwave
Considered Both Products	Bitwave Michael Dobe Senior Accountant in Finance and Accounting at Manticore Games, Inc. (Computer Games, 51-200 employees) 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. Incentivized Helpful? Sam Less CFO (Chief Financial Officer) in Finance and Accounting at Coaction (Computer Networking, 1-10 employees) 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. Incentivized Helpful? Effertz Tom CFO (Chief Financial Officer) in Professional Services at Cipher Counts (Accounting, 1-10 employees) 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 … Incentivized Helpful?
	Would buy again
	No answers on this topic
	Delivers good value for the price
	No answers on this topic
	Happy with the feature set
	No answers on this topic
	Lived up to sales and marketing promises
	No answers on this topic
	Implementation went as expected
No answers on this topic

User Ratings
	Bitwave
Likelihood to Recommend	8.5 (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. Incentivized Sam Less CFO (Chief Financial Officer) Read full review
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. Effertz Tom CFO (Chief Financial Officer) Read full review
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 Michael Dobe Senior Accountant Read full review
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. Incentivized Sam Less CFO (Chief Financial Officer) Read full review
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