So, you are considering Cryptio.
You’ll be wondering if it's a good choice for you, if its feature set compares well to other options on the market, and if it is priced affordably enough for what you get.
This article will break all that down for you and more.
Plus, at the end of the article you’ll find links to alternatives to Cryptio as well as our top picks for the options in this category.
Or, just go straight to Our top picks for Best Accounting Software.
Without further ado, let’s get started.
Cryptio is a crypto accounting platform that offers enterprise-grade accounting and auditing for your digital assets. It integrates with several DeFi wallets and exchanges, making it easier to capture a complete overview of your digital asset activity. Cryptio lets you stay in touch with your holdings and see the total profit over time in recent trades.
Here are some exclusive features of Cryptio:
Aggregate all your transactions and assets in one place
Cryptio offers real-time, automated retrieval of entire transaction history from your crypto wallets, custody or exchange accounts. Moreover, you can use automated DeFi tracking and auto-audit your transactions to ensure every profit or loss appears in your books.
GAAP IFRS-compliant valuation system
Cryptio sources prices directly from exchanges at the exact transaction time and provides rich information regarding every trade. Additionally, Cryptio has partnered with Kaiko, a leading innovative crypto company and provides historical trade data from exchange addresses.
Automated labelling and transaction reconciliation
Cryptio lets you set rules to instinctively assign transactions to the correct account for staking rewards or payroll expenses. You can identify the counterparties of your transactions and reconcile assets in case of a failed transfer. Additionally, Cryptio allows you to attach invoices to your transactions, set a payment status and track future payments.
Seamless Sync with your fiat accounting and ERP system
Cryptio offers One-click integrations with leading accounting platforms like Xero and QuickBooks, automatically mapping your chart of accounts with your Cryptio activity. Additionally, it provides powerful real-time integrations to core systems with light and cogent API.
Visualize and Report on your Crypto activity
Cryptio generates asset-roll forward, historical balances and transaction history reports instantly. You can track intangible impairments on your digital assets and generate IRS & SEC-compliant reports. Moreover, Cryptio offers real-time insights from its dashboard into which trades you should make to increase your tax refund.
Cryptio offers 3 Pricing options for its crypto accounting platform.
The "Basic" plan is priced at $199/month and offers unlimited history coverage. Additionally, you can label transactions, do invoice management and cost-basis calculation, and track realized gains or losses.
The "Pro" plan is priced at $550/month and offers custody solution integrations. Additionally, you can see asset and wallet-based breakdowns, track inventory and interact programmatically with the Cryptio platform.
The "Enterprise" plan offers an on-demand pricing quote and provides technical audit assistance plus impairment testing reports.
Cryptio Discounts and Coupons
Cryptio currently offers a 12% discount on its subscription plans upon annual billing. However, there are no coupons available for monthly pricing options.
Cryptio Free Trial
Cryptio offers a 14 Day Free Trial for its crypto accounting platform. You can avail the offer by inputting your email, name, and company title and joining or creating a workspace.
Cryptio, A short how-to guide
Once you login to your Cryptio account, you'll enter the dashboard section. You'll see your recent transactions from all digital exchanges or decentralized wallets here. Click on "Imports" to integrate your wallet or exchanges with Cryptio.
Click on "Transactions" to get a detailed history of your wallet transactions. Go to "Business" to see integrations, unidentified addresses, contacts and labels.
Click on "Accounting" to see the net profit or loss from your crypto holdings and trading in your accounting books. Go to "Reports" to analyze your recent trades and identify the market patterns.