22 February 2022, Tallinn: The global crypto market cap grew by 187.5% in 2021, but CoinLoan’s annual figures now outshine this boom. The only EU-licensed crypto platform gained 800% more active users while its exchange volumes soared by 2,409%.
Next, CoinLoan is expected to unveil its Visa Debit Crypto Card. Its holders will be able to store, exchange, and spend fiat and cryptocurrencies around the world. The company is developing a regulated and secure all-in-one environment. Currently, users can access:
- Crypto wallet – 434% surge in deposits
- Savings accounts in crypto – deposits up by 1,718%
- Crypto-backed loans – over 2000% growth
- Crypto exchange – 240x volume boost
These results prove the success of last year’s upgrades, including widening the asset range. In 2021, the platform added eight new currencies for clients to exchange, earn interest, and use as collateral for loans. It has announced further refinement of its mobile and web platforms. The upgrades concern advanced transparency, financial reporting on demand, and new features for institutional users, among other changes.
Alex Faliushin, CEO of CoinLoan, said: “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.”
Following the debut of a partial loan repayment scheme in early 2022, CoinLoan will continue augmenting its ecosystem. Clients will see new cryptocurrencies, margin trading, and integrated tax services. CoinLoan will continue listening to its users’ wishes and upgrading their experience as a customer-oriented company.
Click here for the CoinLoan 2021 Annual Report.
Alla Lapidus / Alice Jiga
CoinLoan, a crypto business launched in 2017, is the only company of this kind licensed in the EU. Its web platform and mobile app offer multiple services, including instant crypto-backed loans, interest accounts with higher-than-average APY, crypto exchange, and corporate features. The company ensures the highest levels of protection through asset insurance and security measures comparable to bank standards.
Remarkable customer retention and satisfaction rates are due to CoinLoan’s attractive conditions for lenders, borrowers, and hodlers. It offers highly competitive interest and yield rates, pricing transparency, and 24/7 human support. Clients can manage a diverse and ever-expanding range of assets. In addition to cryptocurrencies, it includes fiat, stablecoins, and CoinLoan’s native token.
Its cutting-edge technology and strategic partnerships evidence CoinLoan’s focus on perpetual innovation. It is committed to unlocking new opportunities for its clients in the dynamic crypto world.