22 February 2022, Tallinn: CoinLoan, the only EU-licenced crypto platform, saw its business grow at an astounding pace in 2021. The company has announced a 2,409% surge in exchanged volumes and a 9x increase in the number of active users. Its annual figures outshine the expansion of the crypto industry, whose market cap skyrocketed by 187.5% last year.
The company’s growth has always been fueled by innovation. Its next big novelty is the Visa Debit Crypto Card. This product will support flexible asset management, allowing storing, exchanging, and spending crypto and fiat worldwide.
CoinLoan’s main emphasis is creating a secure and regulated system with a rich array of services. As of now, its platform features:
- Crypto wallet – deposits soared by 434%
- Savings accounts in crypto – 1,718% rise in deposits
- Crypto-backed loans – increase of over 2000%
- Crypto exchange – 240x growth in volumes
These spectacular results are connected to CoinLoan’s enhanced offering. In 2021, it enabled users to sell, exchange, and earn interest on eight new cryptocurrencies or use them as collateral for loans. The company has also announced upgrades to its web and mobile systems. In addition to increased transparency, it will offer new features for corporate accounts and on-demand financial reporting.
Alex Faliushin, CEO of CoinLoan, commented on the achievements: “Our strong culture and values are the results of a business built on specialization, team spirit, integrity, and accountability. Our values shape how we conduct our business, provide services to our customers, interact with each other, and support our community. We put a strong emphasis on quality and security, scanning and crash-testing our system daily to make it stronger, and partnering with white-hat hackers to keep it ironclad.”
In early 2022, CoinLoan implemented an unequaled partial loan repayment facility. It has been developing more benefits for users, including integration of tax services, new coins, and margin trading. CoinLoan will continue listening to its audience and providing new opportunities for private and institutional clients as a customer-centric company.
CoinLoan 2021 Annual Report is available here.
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Moonlight IQ
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About CoinLoan
CoinLoan is the only crypto business licensed in the EU. Established in 2017, it offers diverse services via its digital platform: instant crypto loans, interest accounts, exchange, and services for institutions. Bank-grade protection, including stringent security measures and asset insurance, gives clients peace of mind.
CoinLoan’s praiseworthy levels of customer loyalty and satisfaction stem from its attractive and diverse offerings. The company boasts highly competitive rates on loans and deposits, price transparency, and human customer support accessible 24/7. Its platform supports a comprehensive set of cryptocurrencies along with fiat currencies and stablecoins.
The company is famous for its commitment to innovation, which is reflected in advanced technologies and partnerships. CoinLoan is focused on exploring new opportunities in the crypto world and making them accessible to its clients.
For more information, please visit us at https://coinloan.io/ and follow us on:
Twitter : https://twitter.com/coin_loan
Linkedin https://www.linkedin.com/company/coinloan/
Facebook: https://www.facebook.com/coinloan.project/
Instagram : https://www.instagram.com/coinloan
Reddit : https://www.reddit.com/r/coinloan/
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
Source: https://cryptodaily.co.uk/2022/02/crypto-is-here-to-stay-is-2022-the-year-of-the-mainstream