Despite volatility, CoinLoan’s mid-year report shows impressive gains

27 September 2022, Tallinn: CoinLoan, the crypto company that pioneered crypto lending, is pleased to announce the results of its mid-year report. This report, which has compiled all data points from Q1 and Q2 of 2022, points to strong, stable growth even in the midst of market uncertainty.

Compared to the same period in 2021, CoinLoan can confirm that:

• Wallet deposits are up 26%.
• Interest account deposits are up 54%.
• Exchange turnover surged by 18%.

Across the board, numbers are up from this point 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.

To read the full mid-year report, click here.

Without prejudice disclaimer. Nothing contained in this Blog (or published by CoinLoan otherwise) shall be interpreted and used against CoinLoan or be detrimental to any of its rights. All information publicly disclosed by CoinLoan herein or elsewhere shall be without prejudice to (i) any CoinLoan's rights or interests whether addressed in this Blog or not, and (ii) any position that CoinLoan may take in legal or administrative proceedings.