Divly vs Cointracking [2025]: Best Choice for European Crypto Taxes

Looking for German specific info? Read the German-specific comparisons here: Germany

When it's time to declare crypto taxes, choosing the right software is a critical decision. The search for a reliable tool often leads crypto investors to two of the big companies: Divly and Cointracking.

This isn't just a choice between features; it's a choice between philosophies. One is a complex, feature-heavy platform from 2012; the other is the future of crypto tax reporting, designed for clarity, accuracy, and ease of use across Europe.

This guide will break down the crucial differences in user experience, European coverage, customer support, and pricing to help any crypto investor to make a confident and informed decision.

Quick Comparison

What is Divly?

Divly was built with a simple mission: to make crypto taxes simple. The platform believes users shouldn't need to be tax experts to file their declarations correctly. Divly offers a streamlined, guided experience designed to produce an accurate tax report in as few steps as possible.

Divly covers 85% of the European market, where they provides deep, country-specific tax engines that deliver accuracy and peace of mind for all their users (see Divlys coverage here).

What is Cointracking?

Cointracking is one of the first tax companies, founded in Germany in 2012. Its core strengths are its long history, a massive all-in-one feature set, and a large global user base. It positions itself as a do-everything tool for those who have been in the crypto world for a long time.

User Experience: Modern & Intuitive vs. Established & Complex

This is the most immediate difference users will feel.

Divly is designed for simplicity. Its interface is clean, modern, and guides users through the process step-by-step. The goal is to eliminate confusion and produce a finished, accurate tax report with minimal friction. It’s built for everyone, from first-time filers in the UK to seasoned traders in Germany.

Cointracking is not beginner-friendly. As a platform built over a decade ago, its interface is a complex dashboard packed with an overwhelming number of features and settings. While powerful, it requires a significant time investment to learn and navigate. This complexity often leads to frustration and a higher risk of user error.

European Coverage: Professional Specialist vs. Unreliable Generalist

Both platforms have strong European roots, but their approach to localization reveals a critical difference in quality.

Divly is the professional European specialist. It leads the market by covering 85% of Europe with dedicated, country-specific tax engines. Divly's commitment to localization is professional and absolute.

When Divly supports a country, the platform, tax guides, and support are professionally translated and maintained by its team. It provides unparalleled, tailored support for all of Europe, where other providers offer only generic solutions. Read all the Divlys guides here.

Cointracking's localization comes with a major risk. While it has German roots and reports for 8 European countries, the quality of its language support is not guaranteed. According to its own documentation, only English and German are provided by Cointracking and are always complete. All other languages, such as Français, Español, or Italiano, are translated by users.

Most importantly, Cointracking states they do not guarantee the correctness and completeness of these translations. For anyone filing official tax documents, relying on unverified, crowdsourced translations is a significant and unnecessary risk.

Support: Trained Local Experts vs. A Global Helpdesk

When facing a country-specific tax question, an expert is required, not just a product specialist.

Divly’s support team consists of trained local experts. This commitment is built into the core of the service. For example, users asking about the German-specific rules are which are regulated by the Federal Ministry of Finance (BMF) and BZSt (Federal Central Tax Office). The support is professional, in the user's native language, and backed by a platform that is also professionally localized.

Cointracking’s support is a global team that must rely on a platform where most non-English/German languages are user-translated and unverified. This creates a potential gap in service, where neither the software nor the support can be fully trusted for local accuracy.

Pricing: Value & Transparency vs. Low Cost & Hidden Penalties

This is a critical differentiator that directly impacts a user's wallet.

Divly’s pricing is fair and transparent. Users only pay for the transactions that occurred in the tax year they are filing for. It’s a simple, pay-per-year model that makes financial sense.

Cointracking’s pricing model contains a hidden cost. It forces users to pay for their entire transaction history every single year they generate a report. This cumulative model penalizes long-term users and can become incredibly expensive.

Over time, Divly’s pricing is significantly more affordable and fair. Cointracking’s model means costs will almost certainly increase every year, regardless of trading activity.

The Verdict: Divly is the Choice for Crypto Taxes in Europe.

For the vast majority of modern crypto investors in Europe, Divly is the undeniable winner. The platform was built to solve the biggest problems users face with older software. It’s Simpler and Safe, More Reliable, and More Cost-Effective:

Whether you're calculating your "Krypto-Steuer" in Germany, declaring your "skatt på krypto" in Sweden, or filing your "impuestos sobre criptomonedas" in Spain, the core needs are the same: accuracy, simplicity, and peace of mind. Divly is engineered to deliver on all three. It is the definitive Cointracking alternative for any user who values their time, money, and security.

Switching from Cointracking to Divly is Easy

Ready to move to a more modern, reliable, and cost-effective platform? Users can easily export their transaction data from Cointracking via CSV and import it directly into Divly. The system is designed to make the transition as smooth as possible.

FAQ (Frequently Asked Questions)

Can I use both Divly and Cointracking?

Yes, though there's no practical reason to pay for both. Some users trial both platforms to compare reports before committing.

Does Divly support countries outside Europe?

Yes, while Divly's focus is Europe (where it covers 85% of the market), 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?

Both platforms allow you to edit transactions and regenerate reports. Divly's support can guide you through corrections specific to your country's requirements and in your language (european).