Awaken Tax vs Divly

Awaken Tax is web-based crypto tax software for traders, DeFi users, startups, and funds. It advertises U.S. tax reports including Form 8949 and 1099-B, and lists Schedule D, 1099-DA reconciliation, TurboTax, and TaxAct formats. Users can upload wallets and review a tax summary for free, but need a paid plan to download tax reports. The free Minnow plan allows 100 transactions; Fish is $99.00 per year for 300 transactions, and higher tiers increase transaction limits and add options such as advanced tax settings, performance tracking, tax lots, or tax planning. Awaken says its AI handles more than 10,000 dapps and supports liquidity providing, staking, bridging, and swaps. It also says it supports more than 50 countries and lists integrations with wallets and services such as MetaMask, Ledger, Phantom, Coinbase, Solana, Ethereum, KuCoin, Binance US, and Kraken. Business tools include entity-specific ledgers and closes, double-entry bookkeeping, and QuickBooks journal-entry syncing. Awaken states that it is SOC II compliant, encrypts data in transit and at rest, and uses read-only API keys that cannot move funds.

Divly helps users calculate and declare cryptocurrency taxes through a guided process: import transactions, track portfolio performance and taxable gains, then download a report for submission to a local tax agency. The company says reports use the user's country's official language and follow local tax authority guidance. Divly supports imports from more than 200 wallets and exchanges, including Binance, Coinbase, Kraken, Ledger, and MetaMask; a custom import process is available when a source is missing. NFT activity is supported. The free plan costs nothing and provides portfolio tracking for up to 25,000 transactions, unlimited blockchains, wallets, and exchanges, all crypto transaction types, and more than 10,000 supported currencies. Essential costs €39, paid once; Peace of Mind costs €99, paid once; Full Service costs €599, paid once. Each paid plan is a one-off payment with no recurring subscription. Divly supports tax reporting in Belgium, Denmark, Estonia, Finland, France, Germany, Italy, the Netherlands, Norway, Poland, Spain, Sweden, the United Kingdom, and the United States. It is web-based and was founded in 2021 in Stockholm, Sweden.