CoinLedger vs Divly: US TurboTax vs European Tax Forms
CoinLedger and Divly calculate crypto capital gains and reconcile transaction histories. Operating out of the United States, CoinLedger connects to more than 1,000 exchanges, wallets, and blockchains, exporting tax data directly to TurboTax and TaxAct alongside IRS Form 8949 schedules. Divly is based in Sweden and tailors its software to European tax codes across 13 countries, connecting to over 200 platforms.
Geographic coverage and integration breadth represent the main distinctions between the two services. American filers gain support for multichain ecosystems like Base and Solana, alongside Form 1099-DA reconciliation, with CoinLedger's self-service plans starting at $49. Divly focuses on localized filings across Europe, producing native documents such as Sweden's K4, Germany's Anlage SO, and France's Form 2086 with pricing from €39 per tax year.
Quick verdict
The choice between these platforms comes down to where you file taxes and how many platforms you use. CoinLedger is built around North American reporting requirements and multichain tracking, while Divly focuses on national European tax rules and localized filing forms.
Choose CoinLedger if you file taxes in the United States, need direct exports to TurboTax or TaxAct, or hold assets across more than 200 platforms. Its catalog of over 1,000 integrations, 1099-DA reconciliation tools, and full-service reconciliation options suit taxpayers navigating IRS rules.
Choose Divly if you file taxes in Europe, particularly in Sweden, Germany, or France. It generates native documents like Sweden's K4 and Germany's Anlage SO, applies country-specific methods like Sweden's Average Cost Basis, and requires only an email address without identity verification.
| Feature | ||
|---|---|---|
| Ratings | ||
| Our score | 4.2/5 | 4.1/5 |
| User rating | No reviews yet | No reviews yet |
| Accuracy | 4.5 | 4.5 |
| Integrations | 4.5 | 3.5 |
| Pricing | 3.5 | 4.0 |
| Report coverage | 4.5 | 4.5 |
| Ease of use | 4.0 | 4.0 |
| Specs | ||
| Tax reports for | United States, United Kingdom, Canada, Australia, Germany, Other | United Kingdom, Germany, France, Netherlands, Spain, Italy, Other |
| Free plan | Yes | Not disclosed |
| Paid plans from (per tax year) | $49 | $39 |
| Exchange & wallet integrations | 1,000 | 200 |
| DeFi & NFT support | Yes | Not disclosed |
| Reports produced | Form 8949, 1099-DA Reconciliation | K4, Anlage SO, Form 2086, PIT-38 |
| TurboTax export | Yes | Not disclosed |
| Accountant portal | Not disclosed | Yes |
| Tax professional support | Yes | Yes |
| Company | ||
| Founded | 2018 | 2021 |
| Headquarters | United States | Sweden |
| Investors | Not disclosed | DHS Venture Partners, Greens Ventures, YEoS Ventures |
| Strengths and weaknesses | ||
| Pros |
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| Cons |
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| Best for | TurboTax and TaxAct filers, Traders needing 1099-DA cost basis reconciliation, Multichain users across major EVM and Solana ecosystems | Swedish crypto traders filing K4 forms, European investors wanting local-language forms, Accountants managing European client crypto taxes |
Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.
FAQ
Does Divly support US tax forms like Form 8949?
Divly focuses on 13 European countries and does not produce IRS Form 8949 or export to TurboTax. CoinLedger generates Form 8949 and connects directly with TurboTax and TaxAct.
Which platform has more exchange and wallet integrations?
CoinLedger connects to more than 1,000 exchanges, wallets, and blockchains, including networks like Base, Solana, and Sui. Divly supports over 200 integrations through API connections and CSV spreadsheet uploads.
Which platform is cheaper for small transaction volumes?
Divly starts at €39 per tax year for up to 100 transactions. CoinLedger starts at $49 per tax year for downloadable reports, though it offers free portfolio tracking and report previews.
Which tool should you use for Swedish tax returns?
Divly is designed for Swedish returns, generating Sweden's K4 form and applying the country's Average Cost Basis accounting method. CoinLedger does not generate localized Swedish tax forms.