Best Crypto Tax Software Europe [2025]: Divly vs. Koinly vs. Cointracker vs. Cointracking vs. Blockpit vs. Waltio

Choosing a crypto tax tool in Europe might feel difficult. The market is confusing with different platforms.

Are you forced to pick between a "US-centric" tool (like Koinly or Cointracker) that doesn't understand local tax law? A "legacy" tool (Cointracking) that is complex and has a punitive pricing model? A "trader" tool (Blockpit) with a fragmented subscription? Or a "regional" tool (Waltio) that becomes useless if you ever move?

What if we told you that you don't have to compromise? This article will compare all major platforms, let’s get started.

Quick comparison

What is Divly?

Divly is the European local specialist built to make crypto taxes simple. It balances expert local compliance with a simple, guided user experience. Covering 85% of the European market in 2025, Divly is the "future-proof" platform designed to be the only tax tool a modern, mobile European will ever need. Find your country here.

What is Koinly?

Koinly is one of the largest and most established crypto tax platforms in the world. Its core strength lies in its immense breadth. With support for a vast number of exchanges and blockchains across the globe, Koinly's philosophy is to provide the widest possible net for tracking crypto assets.

What is Cointracker?

Cointracker offer no real European coverage. They do not generate official EU tax forms, providing only generic CSV reports. This forces users to do the complex final calculations and submissions manually, risking costly mistakes. They are US-centric tools treating Europe as an afterthought.

What is Cointracking?

Cointracking is is the Legacy Pioneer. Founded in Germany (2012), it's powerful but critically flawed by a dated, complex interface, a punitive cumulative pricing model (pay for all history every year), and unverified crowdsourced translations.

What is Blockpit

Blockpit is the Trader's Tool. An Austrian specialist focused on the DACH market. Its flaws: A complex interface built for traders, not investors; a confusing fragmented pricing model (annual license + monthly subscription); and reliance on an AI-Bot for support.

What is Waltio?

Waltio is the Niche Specialist. A French tool also supporting Belgium/Spain. Its critical flaw: It's a "dead-end" platform. It only supports those ~3 countries. If you move, your account is useless.

User Experience: Simple & Guided vs. Complex & Confusing

Divly: Is built for investors who value their time. They provide a clean, simple, and guided experience that gets you from A to B (your finished tax report) with minimal friction and prevents errors. It’s intuitive for beginners but powerful enough for experts. Find your guide here.

Koinly: Has a powerful but often complex interface, leaving users to figure out many nuances on their own, especially regarding European specifics.

Cointracker: Offers a modern UI, but its design and flow are primarily optimized for US users and IRS requirements, which can be confusing for Europeans.

Cointracking: Suffers from a very complex and dated interface (founded 2012). It's powerful but has a steep learning curve and is not beginner-friendly.

Blockpit: Is designed for active traders, featuring a data-heavy interface with complex optimization tools ("Sell Simulator") that are unnecessary and overwhelming for the average investor.

Waltio: Provides a simple UX for France, but user guides suggest a more "hands-on" approach requiring manual error correction, implying less automation than Divly.

European Coverage: True Leadership vs. Critical Gaps

Divly: Is the clear leader, covering 85% of the European market in 2025. Divly generates the official, country-specific tax forms required by local authorities (e.g., Anlage SO in Germany, Form 2086 in France, K4 in Sweden). Its platform is fully scalable, use one account across all supported European countries. Localization is professional and guaranteed.

Koinly Koinly's approach is to build a powerful, generalized tax engine that can be adapted for many different countries. For users in countries with unique or complex reporting requirements, this can mean receiving a generic report that still requires significant manual effort to become fully compliant with local law.

Cointracker: Offer no real European coverage. They do not generate official EU tax forms, providing only generic CSV reports. This forces users to do the complex final calculations and submissions manually, risking costly mistakes. They are US-centric tools treating Europe as an afterthought.

Cointracking: Supports some European countries with forms but relies on unverified, crowdsourced translations for its non-German/English platform languages, undermining trust in its localization quality.

Blockpit: Has a strong focus on the DACH region (Germany, Austria, Switzerland) but offers limited deep support outside of this core area, especially compared to Divly's breadth.

Waltio: Has critically low coverage, supporting only France, Belgium, and Spain. It's a "dead-end" platform – if you move to another country like Germany or Sweden, your account becomes useless.

Comparison of Language Support for European Crypto Taxes*

*Country specific tax forms & service in respectively language.

✅= Supported 🚫= Not Officially Supported

Support: Human Local Experts vs. Bots & Generalists

Divly: Provides support from human, local experts trained in specific European tax laws. You can get help in your native language (German, French, Swedish, Spanish, etc.) from someone who understands your local tax authority.

Koinly & Cointracker: Offer generalist global support teams primarily trained on US/IRS rules, lacking deep expertise in specific European tax codes.

Cointracking: Relies partly on its crowdsourced translations, meaning support might be hindered by platform language inaccuracies. Support is primarily English/German.

Blockpit: Prominently features an "AI Tax-Bot" for support, raising concerns about receiving nuanced, expert advice for complex tax situations. Human support is via general email.

Waltio: Has regional support focused only on French and Spanish, making it unhelpful for expats or users needing assistance in other European languages.

Pricing: Fair & Transparent vs. Hidden Costs & Penalties

Divly: Uses a Fair & Simple model: Pay only for the transactions in the tax year you're declaring, with transparent pricing in your local currency (€, SEK, etc.).

Koinly & Cointracker: While similarly to Divly, you only pay for the transactions in the tax year you're declaring, these companies use USD-based pricing, making the final cost for Europeans unpredictable due to exchange rates and potential bank fees.

Cointracking: Employs a Cumulative Penalty model. You are forced to pay for your entire transaction history every single year, making it progressively more expensive.

Blockpit: Uses a Fragmented Subscription model. Users must buy an annual "license" and a separate monthly subscription to access all features, creating confusion and potential hidden costs.

Waltio: Uses a Fair & Simple pay-per-year model, similar to Divly, but its value is limited by its tiny geographic coverage.

The Verdict: Divly Is The Only Crypto Tax Tool You'll Ever Need

The choice becomes very simple when you understand the critical flaws of the alternatives. You don't have to settle for a tool that doesn't truly serve the needs of European investors.

• You don't need the generic, non-compliant reports from the US Generalists (Koinly & Cointracker).
• You don't need the cumulative penalty fee and complex UI of the Legacy Tool (Cointracking).
• You don't need the confusing dual subscriptions and trader focus of the Trader Tool (Blockpit).
• You don't need the geographic dead-end of the Niche Tool (Waltio).

Divly is the clear choice for most European investors.

It is the only platform that successfully combines simplicity of use, fair and transparent pricing, guaranteed accurate localization with official tax forms, human expert support across Europe, and a future-proof platform that works wherever you go on the continent. Divly doesn't force you to compromise.

FAQ (Frequently Asked Questions)

Does Divly support countries outside Europe?

Yes, while Divly's focus is Europe they offer full localized service in many other regions, check the supported countries page.

Is my data safe with Divly?

Yes. Divly uses bank-level encryption and never sells your data. Your transaction information is processed locally and securely.

How long does it take to generate a tax report?

Once your transactions are imported, Divly typically generates reports in seconds, depending on transaction volume.

Can Divly help with previous tax years?

Yes. Divly offers prior year reports at no additional cost, making it easy to catch up on unfiled years.

What if I need to correct an error?

Divly allows you to edit transactions and regenerate reports. Divly's support can guide you through corrections specific to your country's requirements.