NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

Inside the Crypto Market: Industry Formation Using the CoinsPaid Example

NewsBTC
NewsBTC
4 years ago
3 mins read
CoinsPaid

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The crypto market evolved exceptionally in the years 2014 to 2021, and the question of whether this industry will survive no longer exists. Instead, we are questioning where it’s heading and how quickly it will reach new heights.

In January 2021, the cryptocurrency market capitalization achieved the first trillion USD, and in April 2021, it already hit 2 trillion, with a Bitcoin share of about 50% of the total volume.

Today the crypto market is represented by a large variety of startups that develop their ideas based on the blockchain. They include the art industry actively promoting NFTs, teams developing the collection and distribution of data on the blockchain, and the financial sector introducing blockchain technology into the processes of transfer and payment systems, to name just some.

According to Deloitte Research,  the top use cases for blockchain adoption in 2020 were:

Let’s explore how one such project, operating within two sectors adopting blockchain technology fastest: cryptocurrencies and payments, is achieving new positions in the payment niche and changing traditional finance.

CoinsPaid rise

The company started in 2014 with simple digital solutions for processing crypto transactions and built an entire ecosystem of products by 2021. As of July 2021, Cryptoprocessing by CoinsPaid handles 7% of all on-chain Bitcoin transactions. This number continues to increase each month.

What is the company’s ecosystem, and who are its customers? The ecosystem is developed with a focus on the B2B sector. It includes the crypto processing solution, an exchange and OTC Desk, and enterprise and personal crypto wallets. Most of their clients are online businesses that use the Cryptoprocessing payment gateway and other related services for crypto/fiat operations.

The future forecast predicts that the market will continue to grow with more clients choosing crypto alternatives for payment and financial services. The year 2020 already demonstrated the shift of traditional merchandisers towards eCommerce platforms, a phenomenon that applies to any economic sector. Online shopping will only continue to rise in the years to come.

Company perspective

During 2020, CoinsPaid quintupled in its volumes and became one of the world’s largest providers of crypto payments.

Some events of 2020 that give proof to the industry’s rapid development were new legal initiatives for crypto, different states launching their national CBDC programs, and the entry into the market of prominent traditional players.

eCommerce exploded with a 40% growth in 2020 compared to 2019. The industry also started accepting crypto for payments, meaning that it holds great potential for companies like CoinsPaid.

CoinsPaid has already become the number one payment provider in the iGaming sector and actively attracts customers in other industries.

In addition to their B2B focus, the company also launched services for individuals. CoinsPaid promotes its products for B2C clients via more than 600 online businesses and an incentive program. These businesses altogether possess five million physical users, which CoinsPaid could reach in a reasonably short time.

In June 2021, CoinsPaid announced the launch of its CPD token and IDO campaign. CPD will serve as a utility token for the company’s ecosystem, as well as delivering DeFi options for its clients. The popularity of DeFi looks to have a long-term perspective now, with more professional products being offered on the market. It will be interesting to watch how CoinsPaid can apply DeFi within its business model.

CoinsPaid’s turnover in the first five months of 2021 (January to May) reached EUR 1.3 billion. The company demonstrates how you can grow from a startup to a successfully operating financial company with great potential.

 

 

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Web2 Habits, Web3 Rewards: How FUNToken Makes Crypto Feel Natural

Millions of users spend hours each day engaged with mobile games, chat communities, and social platforms. They expect seamless interfaces,...

News BTC 3 days ago

From Inflationary Noise to Deflationary Wave: FUNToken’s Turnaround Story

The crypto landscape is littered with tokens that promised deflation but delivered inflationary dilution. Yet FUNToken has quietly rewritten that...

News BTC 5 days ago

FunToken’s F2P Model: The Missing Link for Crypto Adoption

For all the tech advancements, one problem remains surprisingly unsolved: how to turn the world’s billions of casual mobile gamers...

News BTC 6 days ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Mercado Bitcoin doubles down on RWA, experts discuss what this means for the future of tokenized finance

NewsBTC 1 hour ago

Price Isn’t the Only Thing Rising – FUNToken’s Roadmap Execution Is Gaining Speed Too

News BTC 17 hours ago

From Token Chat to 10 Cents: How FUNToken’s Group-Driven Growth Is a Model for Web3 Community Building

News BTC 1 day ago

Premium Sponsors

Press Releases

  • Öt, 1 dollár alatti altcoin szimbólum növekedési potenciállal, Bitcoin a háttérben.

    Cá Voi Crypto Đã Mua Những Alt coin Nào Trong Tuần...

    3 minutes ago
  • Can You Really Make $5,670 in 7 Days? Learn more about...

    7 minutes ago
  • 2 criptomonede cu evaluări extrem de ridicate care ar...

    27 minutes ago
  • MEXC Research Report Unveils 2025 ROI Benchmarks and...

    1 hour ago
  • e 3 coiny poniżej 1 dolara mogą zamienić 200 dolarów w...

    12 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.