Despite market jitters, CoinLoan's mid-year report reveals positive results.
Tallinn, September 28, 2022 One of the first businesses to offer crypto lending services, CoinLoan, has released its mid-year performance report and unveiled outstanding achievements. The report details the operations carried out in Q1 and Q2, all of which showed growth amid volatile market conditions.
The following CoinLoan initiatives showed development over the course of a year:
- Deposits in wallets increased by 26%
- Deposits at interest rates increased by 54%.
- Exchange volume increased by 18%.
The research states that annual growth was seen everywhere. Additionally, CoinLoan had a spike in new registrations, which suggests the probability of further growth. A growing clientele shows that users choose secure and dependable platforms when deciding where to exchange cryptocurrency. The dedication of CoinLoan to achieving zero-incident security is well known. The platform's users benefit from consistent and convenient service as a result of this strategy. Another indication of this is a recent survey that showed how highly customers rated security precautions, loan requirements, and good customer assistance.
CoinLoan's CEO, Alex Faliushin, stated: "As a business, we recently celebrated our fifth anniversary. We are inspired to keep going and to think that we are on the right track when we observe this much growth in such a brief period of time. Our objective is to create goods and technologies that benefit our consumers the most while also advancing the industry as a whole.
The crypto industry has had quite a few difficulties this year, and several projects were simply unable to take the strain. Contrarily, CoinLoan's customer-focused strategy has enabled it to not only stay afloat but also show sustained development. The potential is endless, thus this cryptocurrency initiative will keep honing its offerings in the best interests of its customers.
Click here to view the whole mid-year report.
Regarding CoinLoan
Licensed by the EU, CoinLoan was first developed as a project in 2017. Its platform provides cryptocurrency exchange, interest accounts, and instant loans secured by cryptoassets. With the exceptions specified by the relevant laws, both private individuals and business entities may receive these services. We offer the greatest security standards and asset insurance to our clients, ensuring the highest levels of safety for both business and private clients.
High client retention and satisfaction have been achieved as a consequence of its incredibly competitive loan and APY rates, straightforward pricing, and 24/7 human customer support service. The platform of CoinLoan enables trading and managing of a wide variety of cryptocurrencies, including its own native token and fiat money.
The business is committed to continuing innovation through cutting-edge partnerships and technology, giving clients access to new opportunities and advances in the crypto world.
Please visit us at https://coinloan.io for more details.