Divly Review

Divly launched in 2020 out of Stockholm, and honestly, that Swedish origin matters. The team built this tool specifically for the way Nordic tax authorities expect crypto to be reported. I first found them when struggling with the K4 form for Swedish taxes - most American crypto tax tools had no idea what that even was. Divly knew exactly how to format everything for Skatteverket. The company operates under Divly AB, registered in Sweden, which means full GDPR compliance and your data stays within EU borders. For anyone worried about privacy with crypto tax tools, that is a real consideration.

Divly keeps pricing dead simple, which I appreciate after dealing with the confusing tier systems of other tools. You get a free tier with 50 transactions - enough to test whether the platform works for your situation. This profile lists Starter at EUR 49 for 250 transactions. It lists Trader at EUR 99 for 2,500 and Pro at EUR 199 for 25,000. No per-transaction fees once you pick a plan. No surprise charges at tax time. The price covers your full tax year, and you can download reports as many times as needed. Compared to Koinly or CoinTracker where costs can spiral quickly, this flat pricing feels fairer for Nordic users.

The K4 form generation is where Divly really shines. For Swedish users, you get a file that uploads directly to Skatteverket - the import works without any manual corrections. Norwegian users get the RF-1159 in the exact format Skatteetaten expects. Finland and Denmark are covered too with their respective formats. The platform supports DeFi, NFTs, staking rewards, and airdrops. It lacks margin trading and futures support, so if you trade derivatives, this is not your tool. The cost basis calculations use FIFO and ACB methods. A notable feature: the error detection catches duplicate transactions when uploading CSV files from multiple exchanges.

Divly connects to around 200 exchanges and 80 wallets. The major ones like Binance, Coinbase, Kraken, and Bitstamp work through API connections - Kraken pulls a full history in about two minutes. For exchanges without API support, CSV import works fine. Blockchain support covers the main networks: Ethereum, Bitcoin, Solana, Polygon, BSC, and Avalanche. MetaMask, Ledger, and Trezor sync up easily. This is fewer integrations than Koinly offers, and that might matter for obscure exchanges or chains. But for typical Nordic crypto users sticking to major platforms, the coverage is adequate.

Being a Swedish company under EU jurisdiction, Divly takes GDPR seriously. Your transaction data is encrypted and stored within EU borders - not shipped off to servers who knows where. They use read-only API connections, so Divly can never move your crypto. Two-factor authentication is available. I asked their support about data retention and they confirmed you can request full deletion of your account and data. For privacy-conscious crypto users in the Nordics, having a local company handle your financial data rather than a US-based service feels more reassuring. No SOC 2 certification yet, but the GDPR compliance and Swedish regulatory environment provide decent baseline protections.

Divly support responds within 24 hours via email and live chat during business hours. A decent knowledge base with video tutorials covers common issues. No phone support is available, and no dedicated account manager unless on higher tiers. The team clearly knows Swedish and Norwegian tax rules inside out - questions about specific Skatteverket requirements for reporting DeFi income get detailed, accurate answers. Small team, but competent.

Divly's listed plans appear below. Prices, transaction limits, and included features can change. Confirm the issuer's current pricing page before you pay.

Plan comparison:

Choose a plan only after you have counted imports, manual adjustments, and any needed reports.

DeFi and NFT activity can create tax events that need classification. Divly lists support for selected on-chain transactions. Review each imported swap, liquidity position, reward, and transfer. Confirm the applicable tax treatment with local guidance or a qualified tax professional.

Divly can produce tax reports from imported transaction data. The report must match your source records and local filing rules. Review cost basis, dates, asset values, and missing transactions before you file.

Divly's workflow requires account setup, data import, transaction review, and report generation. The steps and support options can change. Use a small import first and check the calculated records before you connect every account.

Divly may suit people who can review imported transaction records and understand the applicable tax rules. Skip the tool if its country coverage, supported integrations, report types, or support model does not match your filing needs.

Divly's calculation output depends on complete transaction data and the selected cost-basis method. Review every unresolved item and compare the result with source records before filing. A tax professional can help with complex or uncertain treatment.