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Cryptoworth Reviews & Product Details - Page 2

Cryptoworth Overview

What is Cryptoworth?

A comprehensive Crypto Accounting tool and API designed to help businesses of all sizes automate their back-office crypto accounting tasks. By syncing with over 130 blockchains and 1,000 additional sources, Cryptoworth ensures reliable financial control of digital assets. This web4 accounting solution optimizes crypto asset management effortlessly, making it one of the Top Crypto Accounting Software options for 2024. In addition to Accounting Software for Digital Assets, Cryptoworth provides a suite of specialized solutions, including Digital Assets Treasury Management, DeFi, NFT, Staking, AR/AP, Audit-readiness, crypto data reconciliation, and API Solutions. Whether you're wondering how to do crypto bookkeeping or searching for the best crypto bookkeeping software for businesses

Cryptoworth Details
Languages Supported
English
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Product Description

Accounting tools for crypto companies to succeed.


Seller Details
Year Founded
2017
HQ Location
Toronto, Ontario
Twitter
@CryptoworthApp
541 Twitter followers
LinkedIn® Page
www.linkedin.com
11 employees on LinkedIn®
Description

Automate your crypto month-end close. Smooth crypto accounting. Execute Cost Basis, WAC calculations, and generate financial reports from 130+ blockchain networks, 730 DeFi Protocols and +1000 integrations. Cryptoworth tracks value appreciation and depreciation automatically of assets by calculating the fair market values using the timestamps of on-chain and fiat transactions from our state-of-the-art data lake. Cryptoworth's comprehensive data sync, insightful reporting, and effortless management make it an essential tool for CFOs, web3 accountants and blockchain finance teams to navigate the complexities of the digital asset financial landscape.


Geeth J.
GJ
Overview Provided by:

Recent Cryptoworth Reviews

Verified User
A
Verified UserSmall-Business (50 or fewer emp.)
4.0 out of 5
"Very good team and software works for what we need in our company."
Software is comprehensive in offering, easy to work with and also team is great to work with.
MM
Manik M.Enterprise (> 1000 emp.)
5.0 out of 5
"Cryptoworth review"
userfriendly and advanced and comprehensive features
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Exceptional customer service"
The standout feature is their incredible customer service. Anytime our team has a question or run into a problem, the support team is right there, ...
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This seller hasn't added their security information yet. Let them know that you'd like them to add it.
2 people requested security information

Cryptoworth Media

Cryptoworth Demo - Cryptoworth Dashboard Multi-chain Tracker
An elegant dashboard to see your portfolio information. Track your crypto data via public addresses or read-only API keys. We will take your crypto data tracking friction off your accounting operations via our extensive integration library that is tailored for digital asset accounting and reporting
Cryptoworth Demo - Web3 Accounting & Financial Calculations.
Run Cost Basis, Weighted Average Cost (Period & Perpetual) and LIFO calculations with a click of a button. Cryptoworth can help you save more than 90% of your time.
Cryptoworth Demo - DeFi Accounting Made Easy
Cryptoworth connects with more than 200 protocols across 10+ blockchains making DeFi accounting a breeze. It's as easy as just connecting the wallet. We will do the rest for you.
Cryptoworth Demo - NFT Tracking, Reconciliation and Resolution.
Tracking NFTs and NFT transactions are easy as connecting your wallet with a few clicks. Cryptoworth tracks all NFT transactions and it's associated information from NFT marketplaces. Our intelligent transaction resolution algorithms helps you solve navigate NFT accounting challenges smoothly ...
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34 Cryptoworth Reviews

4.9 out of 5
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34 Cryptoworth Reviews
4.9 out of 5
34 Cryptoworth Reviews
4.9 out of 5

Cryptoworth Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for CryptoworthQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Verified User in Accounting
UA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Cryptoworth?

On the crypto accounting subledger tooling side, we had certain blockchain native complexities to work through on the accounting side. Internally, we’ve been happily working alongside Cryptoworth who have provided a very flexible product to fit our needs and help solve these complexities for us. Review collected by and hosted on G2.com.

What do you dislike about Cryptoworth?

Being a more nimble, and flexible product for a customer's needs, there are at times proactive tweaks that need to be made. Again, the dedicated Cryptoworth team helps with any hands on issues you run in to. Review collected by and hosted on G2.com.

What problems is Cryptoworth solving and how is that benefiting you?

Simply put, valuation is a big part of Crypto Accounting, and tracking transaction values and wallet addresses are other large components. The most important areas Cryptoworth are helping us on is transaction/data completeness, being able to tie out numerous internal wallet addresses and internal transactions, and value ending balances and external transfers out of the organization. Review collected by and hosted on G2.com.

Gennaro O.
GO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Cryptoworth?

Cryptoworth has all the features that a crypto accounting tool should have. Cryptoworth API allows integration with all main layer 1 blockchain, as soon as, many other protocols, and various centralized exchange or trading platforms. Furthermore, the interface is user-friendly and the dashboard facilitates the analysis of crypto holdings and other assets, including FIAT. Also, customer service is supportive, and the whole team works hard to solve issues, and customize solutions when it is required. Finally, Cryptoworth is greatly integrated with the main accounting software, like Xero, Sage, and Netsuite, allowing a correct evaluation and representation of crypto and other assets within the balance sheet. Review collected by and hosted on G2.com.

What do you dislike about Cryptoworth?

We use Cryptoworth daily and there is nothing that I dislike about Cryptoworth. Review collected by and hosted on G2.com.

What problems is Cryptoworth solving and how is that benefiting you?

Daily and Monthly Reconciliation, Integration with centralized exchanges and platforms, Historical price and balance tracking Review collected by and hosted on G2.com.

HW
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Cryptoworth?

I manage our crypto transactions for our fund where we easily cumulate thousands of transactions through different wallets and exchanges. Not only that Cryptoworth can accurately reflect those onchain information, I have the ability to play around with tags, automation, to make inventory checking and transaction cateogizing that much simpler. Overall, using Cryptoworth has helped save so much time at a competitive price that I would recommend any interested parties to take a look at. Review collected by and hosted on G2.com.

What do you dislike about Cryptoworth?

I surveryed a number of softwares and realized that it is hard to find a perfect solution. And I have to admit I cannot keep up with Cryptoworth's updates sometimes, even though I was probably one of them who suggested some features. Then I would have to check FAQ or ask them. Review collected by and hosted on G2.com.

What problems is Cryptoworth solving and how is that benefiting you?

data aggregation & disection, token management, accounting Review collected by and hosted on G2.com.

Elliott W.
EW
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Cryptoworth?

As a super user of crypto accounting subledgers over the years Cryptoworth has been one of the best at handling big and complex datasets. Cryptoworth is by far the most bespoke software out there and there really is nothing that it cannot do, it is market leading with the capabilities it has and has the best customer support, 24/7 there is someone within the Cryptoworth team that will be able to answer your queries or jump on a call to discuss.

A+ team that consistently ships updates to remain at the forefront of Web3 accounting. Review collected by and hosted on G2.com.

What do you dislike about Cryptoworth?

The team is great, super responsive no faults. Review collected by and hosted on G2.com.

What problems is Cryptoworth solving and how is that benefiting you?

Cryptoworth is solving problems for the most complex crypto accounting, be it DeFi transactions or cross chain swaps. Cryptoworth consistently surprises me with its accuracy and ability to pull nuanced data from early projects. Review collected by and hosted on G2.com.

CC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Cryptoworth?

I've been a user/customer of Cryptoworth for almost 2 years now and after shopping around for different crypto tax platforms, I found Cryptoworth to be the best there is (and they've continually improved their software since then). It allows the flexibility for you to organize and flag specific transactions (but still allows for automation tools for transactions that you regularly do) and is easily integrated into the top tax platforms out there for your business needs (Xero, Quickbooks). However most importantly with the fast-paced evolving landscape of crypto/blockchains, there are always new tokens or blockchains to be integrated, and the best part about Cryptoworth is their team and support. They've been able to integrate any of the blockchains or tokens that I use onto their platform which I think is the most essential part to a crypto tax platform. Wouldn't hesitate to recommend anybody who is searching for a top-notch crypto tax platform! Review collected by and hosted on G2.com.

What do you dislike about Cryptoworth?

Honestly, I can't think of any.. as I mentioned before the blockchain space is fast-paced and new tokens and blockchains spin up quickly, so Cryptoworth (or any other tax platform) may not have the blockchain or token that you may be using, however their support is easily accessible and responsive to integrate any of the tokens or blockchains you need. Review collected by and hosted on G2.com.

What problems is Cryptoworth solving and how is that benefiting you?

Cryptoworth is a cryptocurrency tax platform that allows you to manage all your crypto transactions from any wallet you input. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Cryptoworth?

- integration with netsuite

- time saving automations

- ultra responsive team

- fair pricing

- ease to use and set up Review collected by and hosted on G2.com.

What do you dislike about Cryptoworth?

- can be difficult to manage large trading volumes if not set up correctly Review collected by and hosted on G2.com.

What problems is Cryptoworth solving and how is that benefiting you?

In crypto, the data is always available on the chain but parsing that to accounting systems is extremely difficult. Cryptoworth is an amazing at accurately capturing this activity and easily reporting on positions. Review collected by and hosted on G2.com.

JM
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Cryptoworth?

- Ability to segregate wallets into separate portfolios

- Clean UI with support for many different tokens

- The aftercare and support from the cryptoworth team to ensure any issues are dealt with as efficiently as possible

- Platform integration allows for syncing of transactions from cryptoworth directly into most ERP's (Netsuite etc.)

- Rules based tagging for classifying transactions which helps with repetitive transfers and eliminates manual tagging Review collected by and hosted on G2.com.

What do you dislike about Cryptoworth?

- By nature, it is hampered by spam tokens in wallets, this is more of an industry issue

- Sometimes struggles to capture full extent of DeFi transactions but the team are on hand to resolve these issues Review collected by and hosted on G2.com.

What problems is Cryptoworth solving and how is that benefiting you?

Cryptoworth helps to provide a platform in which crypto wallets can be tracked and classified, allowing a much easier flow for recording the transactons in accounting books and records. Review collected by and hosted on G2.com.

Daniel B.
DB
Staff Accountant
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Cryptoworth?

The support team is always available to help and are always looking for areas of improvement for the software. Review collected by and hosted on G2.com.

What do you dislike about Cryptoworth?

Small software bugs like not picking up certain tokens from scans and showing wrong dates but the team is always willing to fix these issues quickly. Review collected by and hosted on G2.com.

What problems is Cryptoworth solving and how is that benefiting you?

Having a centralized software with all of our wallets from different blockchains. Review collected by and hosted on G2.com.

Judah K.
JK
Bookkeeping Professional and Executive Partner
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Cryptoworth?

Their support have been very helpful and responsive. Other softwares I have used, it can take up 2 weeks to get things resolved. Cryptoworth, typically responds within a day and typically has things resolved in 1-2 days. No crypto software is perfect, and they are all a work-in-progress. So, having a solid support is critical. Not only that, their prices are very reasonable for the industry. Review collected by and hosted on G2.com.

What do you dislike about Cryptoworth?

There are some bugs that they are working through. As I always say, all crypto softwares are buggy. It is mostly a matter of how they resolve that bugginess. Review collected by and hosted on G2.com.

What problems is Cryptoworth solving and how is that benefiting you?

Cryptoworth helps us manage multiple business clients with their crypto cost basis. They have increased our efficiency dramatically. They have a ton of features that they have added. Review collected by and hosted on G2.com.

H H.
HH
Senior Associate Director
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Cryptoworth?

I've tried many crypto tracking tools, but Cryptoworth stands out with its seamless design and precise analytics.

Their constant updates and feature additions show just how dedicated they are to serving the crypto community.

The historical data and projections provided by Cryptoworth are second to none. They offer a comprehensive view of my assets that's hard to find elsewhere. Review collected by and hosted on G2.com.

What do you dislike about Cryptoworth?

My reservations about Cryptoworth primarily stem from the inherent complexity of on-chain data. Gathering comprehensive blockchain data points has been challenging. However, Cryptoworth's premium support has consistently offered solutions and assistance. Review collected by and hosted on G2.com.

What problems is Cryptoworth solving and how is that benefiting you?

It aids in the collection and interpretation of cryptocurrency data. Review collected by and hosted on G2.com.