Crypto Boom Seen in 2021 – Is 2022 the Year of the Mainstream?

2021 proved to be a spectacular year for CoinLoan, the only EU-licensed crypto business. While the global market cap nearly tripled (+187.5%), the platform saw a 9x increase in the number of active users. Its exchange volumes grew by 2,409%. These annual report figures eclipse the general dynamics of the crypto market.

CoinLoan’s commitment to innovation has paid off once again. The company’s next milestone is the release of the Visa Debit Crypto Card for fiat and crypto transactions around the world. This groundbreaking product will support spending, storing, and exchanging.

CoinLoan aims to create a regulated and secure crypto environment with a rich choice of services. Currently, its offerings include:

• Crypto wallet – deposits grew by 434%
• Savings accounts in crypto – 1,718% surge in deposits
• Crypto-backed loans – over 2000% gained
• Crypto exchange – 240x volumes

These outstanding results are linked to new opportunities for users, including eight new currencies for selling, exchanging, saving, and borrowing. CoinLoan has also announced state-of-the-art upgrades for its web platform and mobile app: on-demand financial reports, new options for corporate users, and refined transparency.

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 January 2022, CoinLoan made headlines with its unique partial loan repayment scheme, and it will implement more value-adds in the future. In particular, CoinLoaners will see new coins, margin trading, and tax service integrations. The company has always been responsive to feedback, and it will continue supporting its clientele with new product enhancements.

To view the CoinLoan 2021 Annual Report, click here.