22 February 2022, Tallinn: CoinLoan, the only EU-regulated crypto services provider based in Estonia, declares its immense growth over the year, echoing the crypto market cap dynamic with its increase by 187.5%. The company’s business metrics numbers are clear proof that the crypto products and services are rising year after year. CoinLoan’s active users’ number grew nine times, loans backed by crypto increased by over 2,000%, and the crypto exchange volumes have seen a 2,400% surge — all due to constant product improvement and high-demand new features. The next milestone for the company is the launch of the Visa Debit Crypto Card that allows users to store and exchange digital assets and make crypto and fiat payments worldwide.
CoinLoan’s objective is to build a reliable crypto ecosystem that offers the most innovative and user-friendly products. As for now, it’s the following:
- Crypto wallet – deposited funds rose by 434%
- Crypto savings accounts – 1,718% deposits surge
- Crypto-backed loans – growth by over 2,000%
- Crypto exchange – 2,400% volumes increase
The company has shown massive growth in 2021 due to its attentive approach to platform improvement depending on customers’ current needs. For example, CoinLoan has added eight new coins that users can exchange, borrow, and earn interest on in the previous year. As for new features added to the web and mobile apps, the platform announced the long-awaited financial reports, increased its transparency, and added new functionality for corporate clients.
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.”
2022 started with a unique partial loan repayment announcement and will continue with new coins addition, tax services integration, margin trading implementation, and existing features upgrade, all of which are on-demand for clients.
Please follow the link to see the full CoinLoan 2021 Annual Report.
About CoinLoan
CoinLoan is the only EU-licensed crypto services provider that has operated on the market since 2017. The company was one of the pioneers of crypto lending and now is the only one offering crypto loans backed by fiat. CoinLoan customers use the platform to borrow, earn interest, and exchange in one place. The highest level of protection is guaranteed by bank-grade security and a certified custodian’s insurance on clients’ assets.
Significant platform benefits that increase customer retention and satisfaction rates are beneficial rates for interest accounts and loans, transparent price policy, and the 24/7 human customer support team that is always ready to help. Additionally, CoinLoan offers various currencies to borrow, exchange and earn interest on, including fiat and the CoinLoan’s native token.
CoinLoan’s main goal for the future is to continue bringing innovation to the market through state-of-art technology and improving user experience by upgrading the product and adding new features.
For more information, please visit us at https://coinloan.io/ and follow us on Twitter, LinkedIn, Facebook, Instagram and Reddit.
