Splitwise is a free tool for friends and roommates to track bills and other shared expenses, so that everyone gets paid back. On the web, iPhone, and Android!
Organize purchase receipts, track warranty deadlines, and download a searchable offline copy with your photos and PDFs.
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Which is more popular?
Based on our record, CoinTracker
seems to be more popular. It has been mentioned
116 times
since March 2021.
social mentions
116 vs 0
Cryptocurrencies popularity
100% vs 0%
Base details
Website, pricing, platforms and company facts side by side.
Comprehensive tracking CoinTracker supports a wide range of cryptocurrencies and integrates with many exchanges, making it easy to track all your digital assets in one place.
Tax calculations CoinTracker provides powerful tax calculation features that help users prepare for tax season by generating necessary reports.
Easy setup The platform offers an intuitive user interface and simple setup process, making it accessible even for beginners.
Real-time updates CoinTracker offers real-time price tracking and portfolio updates, ensuring users always have the latest information.
Security CoinTracker employs robust security measures, including encryption and secure storage, to protect user data.
Possible disadvantages
Cost While there is a free version, the advanced features come at a cost, which might be a barrier for some users.
Performance issues Some users have reported occasional performance issues, such as slow syncing with exchanges or delayed updates.
Limited customer support Customer support options are somewhat limited, which can be a challenge if users encounter problems that require immediate assistance.
Complexity for advanced users Advanced traders might find some of the more sophisticated tracking and reporting features lacking.
Regional limitations Certain features, particularly tax reporting, may not be fully compatible with the tax regulations in all countries.
User-Friendly Interface Splitwise provides an intuitive and easy-to-navigate interface, making it straightforward for users to add expenses, keep track of debts, and settle up.
Multi-Platform Availability Available on the web, iOS, and Android, Splitwise ensures users can access and manage their expenses from almost any device.
Expense Tracking The app allows users to easily log and categorize expenses, which can be particularly useful for group trips, shared households, or any shared financial responsibility.
Flexible Split Options Users can split expenses equally, by percentages, shares, or custom amounts, providing flexibility in how costs are divided among group members.
Currency Conversion Splitwise supports multiple currencies, which is handy for international travel or groups with members from different countries.
Bill Reminders The app sends reminders for outstanding balances, helping users to stay on top of their payments and avoid forgotten debts.
Integration with Payment Platforms Splitwise can integrate with payment platforms like PayPal and Venmo for easy settlement of balances.
Possible disadvantages
Privacy Concerns Since Splitwise involves sharing financial information with others, there could be privacy concerns for those unwilling to share detailed expense data.
Subscription-Based Features Some advanced features, such as expense exporting and additional integrations, require a Splitwise Pro subscription.
Manual Entry Requirement Splitwise requires users to manually enter expenses, which could be time-consuming and prone to errors if not done diligently.
Limited Automatic Reconciliation While Splitwise helps track who owes whom, it does not automatically reconcile or pay off balances, leaving users responsible for manual payment.
Dependency on Group Honesty The accuracy of the expense records relies on the honesty and diligence of all group members, which may not always be reliable.
Potential for Confusion The various options for splitting bills (equally, by shares, etc.) can sometimes lead to confusion or disputes among users over what is fair.
Analysis
An editorial look at what each product does well and who it suits.
CoinTrackerSplitwise
Overall verdict
Overall, CoinTracker is a highly recommended tool for cryptocurrency enthusiasts and investors who require accurate portfolio monitoring and tax compliance assistance. It is well-regarded for its user-friendly interface, reliability, and integration capabilities, making it a robust solution for effective crypto asset management.
Why this product is good
CoinTracker is considered good due to its comprehensive portfolio tracking and tax reporting features tailored for cryptocurrency users. It supports a wide variety of exchanges and wallets, allowing seamless synchronization and accurate tracking of crypto holdings. Additionally, it provides real-time market valuations, detailed analytics, and performance reports, which are advantageous for users aiming to stay informed about their investments. The tax reporting functionality simplifies the process of filing cryptocurrency taxes, which can be complex due to fluctuating regulations.
Recommended for
Cryptocurrency investors looking for automated portfolio tracking.
Individuals needing detailed tax reports for their crypto transactions.
Users seeking to integrate multiple exchanges and wallets for a unified view of their crypto assets.
Beginners in the crypto space who need a straightforward and easy-to-understand platform for managing their investments.
Overall verdict
Splitwise is a highly effective tool for managing shared expenses, especially if frequent splitting of costs is involved. Its features make it easy to track who owes what, and its automatic calculations save time and reduce errors.
Why this product is good
Splitwise is popular because it simplifies sharing and tracking expenses among groups, making it ideal for roommates, friends on trips, or any group spendings.
It automatically calculates balances and reminds users about payments, reducing the awkwardness of asking others for money.
Offers a user-friendly interface both on web and mobile apps, which makes managing expenses convenient and accessible.
Supports multiple currencies, which is great for international travel groups.
Integration with payment platforms like PayPal and Venmo for easy settlement of debts.
Recommended for
Roommates who need to regularly split household bills and expenses.
Groups of friends or families who often travel together and need to manage shared travel costs.
Colleagues or classmates working on projects or events that require shared funding.
Anyone who wants to avoid the hassle of manually tracking and settling shared expenses.
Similar to CyrptoTrader, CoinTracker lets you share the report with tax professionals. Subscription plans are based on transactions, and higher-level plans come with DeFi support as well.
I have been using cointracker in 2021. Suddenly, six days ago, the system stopped posting my transactions. I was on the "free" program, and I intended to buy a program for tax purposes. After this problem. I...
Splitwise is among the most commonly used group payment apps that can easily keep a systematic record of all your informal debts including restaurant bills, travel expenses, cost of accommodation, and much more. With...
Splitwise employs an intelligent algorithm to calculate the exact amount owed by each user. It shows who paid for what, how much amount was paid by each member, and any outstanding balances. Furthermore, the...
For example, shared items like appetizers would be split among the entire group or just a few people in the group. The app can handily accommodate large parties by allowing you to add up to 10 people to each group....
Recommendations tracked on public social media and blogs since March 2021.
CoinTracker116 mentionsSplitwise0 mentions
Inter-wallet transfers showing up as Trades
Thanks, but the AI is useless and when I get customer support they just ignore me or send a link to some page. This has been my experience with cointracker.io I already started to move everything to Koinly. Thanks though...
Source:
over 3 years ago
Have you tried cointracker.io or koinly.io? I don't know if they support Gemini. Crypto exchanges are weird with tax forms, doesn't make sense to me either but I think most of them only provide 1099misc. I'm probably not going to file...
Source:
over 3 years ago
Website or user list was hacked.
That email was only used for cointracker.io no where in the history of the internet has that email been used anywhere else. If they got that email, they got others.
Source:
over 3 years ago
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