Crypto boom seen in 2021 – is 2022 the year of the mainstream?
22 February, 2022 – Tallinn – With 2021 seeing the market cap for the crypto sector grow by 187.5%, CoinLoan, the only EU-regulated crypto company is announcing astounding results for the past year, mirroring and exceeding the increased interest and maturity the market is achieving. Its platform has seen a 9x increase in active users, with a 2,409% surge in exchange volumes, due to continuous innovation. Its next major development is set to be the innovative Visa Debit Crypto Card, which will allow storing, swapping, and spending of fiat and crypto assets worldwide.
CoinLoan’s vision is to create a secure and regulated crypto ecosystem for its users, providing a wide range of services in one place. Today, these include:
- Crypto wallet – deposits grew by 434%
- Savings accounts in crypto – increase of 1,718% in deposits
- Crypto-backed loans – up by over 2000%
- Crypto exchange – 240x increase in volumes
The success of the company is due to an increase in the breadth of its offering, including the addition of eight new currencies for clients to sell, swap, earn interest on, and use as collateral for crypto-backed loans. The company has also announced a number of updates for its web platform and app, including on-demand financial reporting, increased transparency and new platform features for corporate users.
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.”
In 2022 CoinLoan began by adding its newest, unique partial loan repayment facility and will continue to add new coins, implement margin trading, integrate tax services and develop many more additions to existing services. CoinLoan is a customer-centric crypto app and will continue to listen to its clients and keep supporting them with continuous value-adds to its products.
To view the CoinLoan 2021 Annual Report, please click here.
Editorial contacts:
Alla Lapidus / Alice Jiga
Moonlight IQ
Email: [email protected]
Tel: +44 (0) 20 7250 4770
About CoinLoan
CoinLoan is the only EU-licensed crypto business, which started in 2017. Its platform offers loans against crypto assets, interest accounts, and crypto exchange, as well as corporate services. Its bank-grade security standards and insurance on assets mean that both institutional and private customers benefit from the highest levels of protection.
Its highly-competitive loan and APY rates, transparent pricing, and the 24/7 human customer support service have resulted in high customer retention and satisfaction. CoinLoan’s platform allows swapping and managing a comprehensive and growing range of cryptocurrencies, including its native token and fiat currencies.
The company is focused on continuous innovation through state-of-the-art technology and partnerships, bringing customers constant improvements and possibilities within the crypto world.
For more information, please visit us at https://coinloan.io/ and follow us on Twitter, Linkedin, Facebook, Instagram and Reddit.
Media Contact
Company Name: Moonlight IQ
Contact Person: John Norris
Email: Send Email
Phone: +44 (0) 20 7250 4770
Country: United Kingdom
Website: https://www.moonlightiq.com/
