Although the crypto market has lost 65% of its cap compared to the all-time high of November 2021, we remain bullish as ever with regard to the future of technology. Despite the protracted downtrend, CoinsPaid shows stable quarterly and annual growth. Here is our wrap-up for Q3!
We Doubled in Volume
As a leading crypto payment processor, CoinsPaid continues to advance in terms of transaction volumes and numbers.
Q3 2021
- Transactional Volume: €1,449,363,888
- Number of Transactions: 2,482,751
Q3 2022
- Transactional Volume: €2,905,876,864 (+100.5%)
- Number of Transactions: 4,810,283 (+94%)
In total, we have processed over 28.2M transactions worth 16B euros.
Key Takeaway: efficient companies with a stable business model are prone to grow and develop amid the bearish trend and market cap shrinking.
We grew into a multi-product company and announced a major rebranding
The last 1,5 years were full of adventures and new highs: CoinsPaid media launched, IDO for CPD token successfully passed, Rising Stars support initiated, personal wallet moved to an open Beta testing stage, and CoinsPaid Academy developed.
Our platform has grown into an ecosystem of products to better fulfill the mission of satisfying the world’s everyday needs using crypto. New products have been added to make the ecosystem complete and address people’s needs in both — business and everyday life.
Thus, rebranding was a natural step for CoinsPaid to celebrate the status of a multi-product company. Although our new website is still in the work, we already have integrated a new brand identity and use it across multiple communications channels, from conferences to social media posts.
We partook in top crypto events
CoinsPaid participated in multiple crypto events, including the Batumi Gaming Fest 2022, exchanging the experience with the industry leaders, and offering our insights and experiences to further advance the mass adoption of digital assets. George Paliani, CEO at CoinsPaid Media, led a panel discussion on the use of cryptocurrencies in iGaming.
Max Krupyshev, CEO of CoinsPaid, gave an interview for Dukascopy TV where he talked about his experience in the cryptocurrency industry in general and the current state of the market. Max also shared his insights on the hottest crypto events, commenting on the DeFi industry volumes amid the crypto winter for Reuters, and discussing the impact of the latest crypto hacks with CNBC.
You might also check out The Crypto Conversation podcast by Andy Pickering featuring Max Krupyshev, where he talked about the development of the crypto industry and its prospects for the short and long-term future.
We continued to hire despite massive lay-offs in the market
We are always on the hunt for new talents who can contribute to the CoinsPaid growth. Currently, we have more than 20 open positions in various departments, from web development to marketing. If you want to join our team and shape the future of crypto together, check out our Job Openings List:
Further-more
We strive for continuous improvement and growth, and our plans for the next quarter are huge. Stay tuned for new highs, and don’t forget to follow CoinsPaid on social media for company updates!
Disclaimer
All financial, statistical and other data regarding the clients/merchants, conducted transactions, etc., has been provided as aggregate from activities of all legal entities operating under brand of Coinspaid, specifically: (I) Dream Finance OÜ, Harju maakond, Kesklinna linnaosa, Rotermanni tn 6, 10111, Tallinn, Estoni; (II) Dream Finance UAB, Gynejq St. 14–65, Vilnius, Lithuania and (III) Dream Finance S.A. DE C.V., 3A Calle Poniente Y, 71 Avenida Norte, Col. Escalon, edif. Lexincorp, office No 3698, San Salvador, El Salvador.
