Over the past five years, CoinsPaid has evolved into a cryptocurrency ecosystem with CryptoProcessing, a leader in crypto processing, as its key service. 

CoinsPaid Celebrated Five Years Since First Transaction

CoinsPaid recently celebrated an anniversary — five years since its first transaction. Transaction processing has grown during this time into a separate service called CryptoProcessing by CoinsPaid, which is a leader in the industry. 

Here are the main figures achieved by CoinsPaid after five years after the first transaction: 

  • more than 20 cryptocurrencies and 40 fiat currencies are supported in total; 
  • the service processes about 8% of all transactions in the Bitcoin network; 
  • over €1 billion worth of transactions is processed every month. 

More than 800 B2B clients use CryptoProcessing services five years after the first transaction. The total number of processed transactions exceeds 28.2 million, and their aggregate value has already surpassed €16 billion. 

CoinsPaid has grown into an ecosystem consisting of a cryptocurrency wallet, SaaS solutions for businesses, an OTC trading platform, a crypto media and education project, and its own CPD token. 

During a recent AMA session, Max Krupyshev, CEO of CoinsPaid, said that the company’s key figures doubled in 2022, despite the current crypto market conditions. Moreover, amid the general destabilization associated with FTX Group’s bankruptcy, CoinsPaid keeps working steadily and all of its services run like clockwork. 

Author: Mark Wallerstein
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