The ecosystem reported its Q3 2022 results, which were twice as high as in the same period last year.
Despite the market’s current bearish trend and a nearly 65% drop in the total cap of cryptocurrency projects, CoinsPaid is showing steady growth. During Q3 2022, 4.8 million transactions worth €2.9 billion were processed, up 100% and 94%, respectively, from the same period in 2021. The figures are presented in the company’s report.
Overall, CoinsPaid has already processed more than 28.2 million transactions, the total value of which exceeded €16 billion. Therefore, the flagship service CryptoProcessing, a part of the CoinsPaid ecosystem, has proved to be one of the leaders in the crypto payment processing market.
According to the report, the CoinsPaid ecosystem has grown significantly over the past year. CoinsPaid Wallet has been launched, the CPD token has had a successful IDO, and the Rising Stars program has been started. Moreover, the CoinsPaid Media website was launched in November 2021, and today the company and the Media team are preparing a new course for the CoinsPaid Academy. The latter is critical since Max Krupyshev, CEO of CoinsPaid, has stated in an interview with Dukascopy TV one of the key points of the company’s philosophy: “Make something complicated simple.”
