CoinsPaid registers a 120% increase in transaction volume


TL;DR Breakdown

• The crypto company won recognition as Crypto Wallet of the Year at AIBC for the second time.
• Coinspaid is ready to move forward with cryptocurrencies by offering the best of services.

Just as PayTM, PayPal and Stripe have been integrating into the crypto space, older wallets like Coinspaid continue to occupy a major place in the list of options. This crypto platform has reportedly increased the rate of crypto transfers to over 120 percent since October.

The rise in the platform’s operations may be due to its security and good reputation. With this high adoption figure, the company wants to be in the conversations for the most used crypto payment platforms.

Coinspaid makes history among crypto platforms


As crypto trading normalizes in the United States, Coinspaid continues to grow its client list. This cryptocurrency-based company has been a trend on several occasions, but the firm reached the highest point in popularity in the fourth and last quarter of the year.

Coinspaid CEO Max Krupyshev believes that their use gained priority after crypto payments were normalized within the US. The agent says that cryptocurrencies have become part of the people. The adoption rates have skyrocketed even within the platform, which shows that 2021 is the crypto year.

The cryptocurrency transfer rate reportedly increased over 400 percent in 2021, compared to last year, and Coinspaid has helped. The crypto platform team indicates that October has been the best month of the year, considering that crypto operations on the interface soared to over 120 percent. The agents confess that around $800 million in various cryptocurrencies were moved within the platform.

Crypto platform explains its bullish charts in trading volume

Max Krupyshev, who heads Coinspaid, believes that the rise in trading within the platform is due to many things. Krupyshev points out that the crypto adoptions wave is tied to accepting payments within the US and savings among fans.

The agent also believes these virtual operations are more frequent because people have understood that the transfers are fast, no matter what token they use. Many clients can send their funds in fiat currencies to cryptocurrencies to passively invest with them or trade.

The company has become a haven for seasoned crypto enthusiasts and investors looking to profit from the market. Under this huge adoptions wave, some cryptocurrencies such as Bitcoin have benefited by showing historical peaks in their price. The number one crypto in the virtual market trades at $64,914, with an increase of 5.94 percent in the last seven days, according to CoinMarketCap.

Meanwhile, other cryptos such as Ethereum, Litecoin, and Dogecoin available within the platform have also had their historic highs.

Carisbel Guaramato

Carisbel Guaramato

An avid content creator for over 4 years, Carisbel spends her time on blogs and technology news. She honed her skills as a social communicator and now finds crypto and blockchain news events worldwide for transmission through Cryptopolitan's neutral and incisive way.

Related News

Hot Stories

TRON DAO Reserve Appoints Wintermute as the Latest Member and Whitelisted Institution
Cleanspark acquires BTC mining facility with 86 MW capacity
Ohm Staking Risks and Rewards
Bitcoin, Ethereum, Tron, and Chainlink Daily Price Analyses – 9 August Roundup
Bitcoin price analysis: Consolidation yet to yield results as $24k resistance strong

Follow Us

Industry News

Cleanspark acquires BTC mining facility with 86 MW capacity
BitMEX executive pleads guilty in court
Singapore’s crypto lender Hodlnaut shuts down
Celsius withdraws motion to rehire CFO at $92,000 a month
Crypto.com earns license of operation in South Korea