Despite continued volatility, CoinLoan’s mid-year report shows impressive gains in the current financial year. As a pioneer in crypto lending, CoinLoan has positioned its market position with strong growth in 2022. Its wallet deposits rose by 26%, while interest account deposits are also up by 54%. These strong numbers indicate volatile trends can’t hamper market growth.
Across the board, numbers are up from this time last year. Notably, CoinLoan’s registration rate has continued to steadily rise: a fact which points toward future company growth. This influx of registrations — even as the crypto market has suffered — sheds light on what customers are looking for in their crypto exchanges. CoinLoan has continuously prioritized customer safety and satisfaction, and because of this, the company has seen a steady growth in users. Last month, the company released the results of their customer satisfaction survey, which found that a large majority of the CoinLoan users were very happy with the security standards, lending system, and 24/7 customer support.
Alex Faliushin, CEO of CoinLoan, said: “As a company, we have just celebrated our fifth anniversary. To see this much growth in such a short time motivates us to keep going and trust that we are on the right path. It is our goal to develop technology and products that best serve our customers while also pushing the industry as a whole forward in the right direction.”
While 2022 has seen a number of crypto projects collapse under the weight of market volatility, CoinLoan’s customer-centric growth strategy has contributed to the company not only surviving but thriving. Moving forward, CoinLoan will continue to adhere to the highest possible standards as it continues to grow and evolve.
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CoinLoan is an EU-licensed crypto business that started as a project in 2017. Its platform offers Instant Loans against cryptoassets, Interest Account in crypto, and Crypto Exchange. These services are rendered both to individuals and corporate entities with the exceptions as required by the applicable laws. We provide our clients with the highest security standards and insurance on assets, allowing both corporate and private customers to benefit from the highest levels of protection.
