Bitwave vs Koinly
Five of fourteen models named Bitwave first on the direct prompt; zero named Koinly. Both were named by all fourteen models and Bitwave carries 61 labels and Koinly 42, so the shares are not directly comparable.
Named in two categories this edition.
Named in one category this edition.
Share is the count of first choices across the direct, paraphrase, budget and scale prompts over all fourteen models, for a mid-market B2B company; rank is within the category; every quote names the model and the prompt it came from. Both figures come from the crypto accounting page.
By framing
BitwaveFirst choices, of fourteen modelsKoinly
Across every category in the November 2026 Edition, Bitwave and Koinly were named in the same answer eighty-one times, of the 191 answers naming Bitwave and the 107 naming Koinly. In those answers Koinly took the first choice fifteen times and Bitwave twenty.
Every model, every framing
| Model | Direct | Paraphrase | Comparative | Budget-constrained | Scale-constrained | Negative |
|---|---|---|---|---|---|---|
| Claude Haiku 4.5 | | | ||||
| GPT-5.4 mini | | | | | ||
| Gemini 3.5 Flash | | | | | | |
| Perplexity Sonar | | | | | | |
| Grok 4.20 | | | | | | |
| Mistral Small | | | | | ||
| DeepSeek V4 Flash | | | | | | |
| Llama 4 Maverick | | | ||||
| Qwen 3.7 Flash | | | | | | |
| Kimi K2 | | | | | | |
| GLM 4.7 FlashX | | | | | | |
| MiniMax M2.5 | | | | | ||
| GPT-6 Luna | | | | | ||
| Muse Glimmer 30B | | | | | |
Bitwave Koinly first choice named as an alternative argued againstblank: not namedEach cell is one answer, Bitwave on the left and Koinly on the right.The direct prompt
Bitwave first, Koinly not the choice
5 of 14 modelsKoinly was named in the answer but not as the choice, or not at all.Neither was the first choice, one was named
9 of 14 modelsThe answer put something else first and named one of the two as an alternative.Bold names in an answer are the products the judge labeled a first choice; a model naming several gives each of them that label. The full answer text for every row is in the record.
By buyer segment
Bitwave33%#1 of 13Koinly8%#5 of 13What the models said about Bitwave
Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Six of eight in this category shown.
“What to Avoid ... Bitwave (custom pricing) ... overkill for limited budgets” Kimi K2 · budget prompt · hard negative
“Avoid enterprise tools such as Bitwave, Cryptio, and TRES” Perplexity Sonar · budget prompt · hard negative
“Enterprise-grade subledgers (like Bitwave, Cryptio, or TRES Finance) can cost thousands of dollars per month.” Gemini 3.5 Flash · budget prompt · soft negative
“Bitwave and Cryptio are strongest candidates when audit trails, GAAP/IFRS reporting, ERP integration, internal controls, and multi-entity accounting matter most.” Perplexity Sonar · comparative prompt · first choice
“Bitwave | Broadest accounting-method and integration coverage | 80+ blockchains, NetSuite/Sage/QuickBooks integrations, SOC 1 & 2” DeepSeek V4 Flash · scale prompt · first choice
“Bitwave is the most frequently cited first-choice for a mid-market B2B needing enterprise-grade audit-ready reporting” Muse Glimmer 30B · paraphrase prompt · first choice
What the models said about Koinly
Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Six of eight in this category shown.
“Koinly, CoinLedger, CoinTracker, ZenLedger, and similar products may work for individual tax reporting, but they generally are not substitutes for a business general ledger” Perplexity Sonar · negative prompt · soft negative
“Multiple users across platforms (including Koinly and CryptoTaxCalculator) report: Slow or non-existent support responses” Kimi K2 · negative prompt · soft negative
“Caution: Use Koinly for basic reporting, but be prepared to spend significant time auditing the data to ensure accuracy.” GLM 4.7 FlashX · negative prompt · soft negative
“Koinly offers a free plan with support for up to 10,000 transactions and over 700 connections... making it an excellent starting point.” Claude Haiku 4.5 · budget prompt · first choice
“For a company with a limited budget, Koinly stands out as one of the best options among crypto accounting/tax platforms.” Grok 4.20 · budget prompt · first choice
“High ratings (~4.5–4.7 on Trustpilot with 2,000+ reviews). Praised for ease, multi-wallet syncing, and tax reports.” Grok 4.20 · negative prompt · first choice
Comparisons are drawn for the top eight products in each category, each against each. The output is the models' output; nothing here is a recommendation by the index.