First blockchain, decentralized, secure, and proof-of-work-based
Whole wallets, not single addresses
Bitwave accepts a Bitcoin wallet's extended public key as well as single addresses, so a wallet that generates a new address for each receipt is tracked as one wallet rather than dozens of entries.
Bitcoin transactions made readable
Bitwave turns Bitcoin's raw inputs and outputs into deposits, withdrawals, and fees for your addresses, so your team categorizes plain transactions instead of untangling how Bitcoin moves value.
Balances checked against the chain
Bitcoin balances are tracked per wallet in Bitwave and can be compared with the chain at a chosen date using the balance report, supporting period-end validation of BTC holdings.
How it works
Bitwave tracks Bitcoin addresses you import. Once you import either an address or the wallet's extended public key, Bitwave finds the wallet's addresses, brings in their transaction history, and tracks balance changes per wallet.
Transactions appear as deposits, withdrawals, and fees, ready for categorization and inclusion in balance, gain and loss, and journal entry reporting.
The workflow:
- Import your Bitcoin wallet address or extended public key into Bitwave.
- Bitwave brings in the wallet's transactions as deposits, withdrawals, and fees.
- Categorize the activity, one by one or with rules.
- Review balances and carry the results into your reports and general ledger.
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Bitcoin is often the largest single position on a digital asset balance sheet, and the way Bitcoin records transactions makes the raw data awkward for accounting. Bitwave turns it into deposits, withdrawals, and fees per wallet and supports extended public keys so multi-address wallets are tracked as one unit.
For the finance team, BTC transfers arrive ready for cost basis and gain and loss treatment, network fees are booked as expense, and balances can be checked against the chain at period end, so Bitcoin holdings are reconciled with the same process as your other assets.
Complete. Transparent. Secure.
ERPs
Sync data in real-time and eliminate manual errors. Bitwave seamlessly integrates with your existing back-office software for easier reporting.
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Blockchains
Bitwave supports tokens on the Bitcoin, Ethereum (All ERC-20 tokens + Layer 2), Solana, NEAR, and more. We are constantly adding support for new Blockchains.
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Custodial Wallets
Bitwave currently supports Fireblocks, NYDIG, BitGo, and Anchorage custodial wallets. We are constantly adding support for new Custodial Wallets.
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DeFi Protocols
This is just a sample of the DeFi protocols we support. Click below for the full offering of DeFi integrations currently in place, with more being added each day.
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Exchanges
This is just a sample of the key Exchanges we support. Click below for the larger offering of Exchanges supported, with more being constantly added.
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Multi-Signature Wallets
Bitwave supports a variety of multi-signature wallets, such as Gnosis Safe, Zebec, and Electrum. We are constantly adding support for new Multi-Signature Wallets.
