{"id":23750,"date":"2023-09-28T09:40:50","date_gmt":"2023-09-28T09:40:50","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/coinspaid-shows-steady-67-growth-despite-crypto-challenges\/"},"modified":"2023-09-28T09:40:50","modified_gmt":"2023-09-28T09:40:50","slug":"coinspaid-shows-steady-67-growth-despite-crypto-challenges","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/coinspaid-shows-steady-67-growth-despite-crypto-challenges\/","title":{"rendered":"CoinsPaid Shows Steady 67% Growth Despite Crypto Challenges"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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CoinsPaid, an international crypto payment ecosystem, has experienced substantial growth, even amid the challenges faced by the broader cryptocurrency market in 2022. Crowe DNW Ltd, part of the Crowe Global network, recently verified this growth through an annual financial review.<\/p>\n

In 2022, despite major setbacks in the crypto world such as the challenges faced by the Terra network<\/a> and FTX exchange<\/a>, CoinsPaid remained largely unaffected. The company marked a notable 67% growth in its revenue from 2021 and reported a 32% surge in net profitability. Interestingly, the company\u2019s Return on Assets (ROA) also rose by 5.84% compared to 2021.<\/p>\n

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Such resilience indicates that CoinsPaid not only successfully weathered the downturns in the crypto market but also capitalized on the opportunities. Going by the numbers, it\u2019s evident that a decrease in investor confidence in the broader crypto sector did not dent CoinsPaid\u2019s trajectory.<\/p>\n

Eyeing the future, CoinsPaid is poised for expansion. The company aims to diversify its service offerings and introduce more payment methods. Additionally, the adoption of modern risk management techniques is on the horizon. These changes anticipate boosting the firm\u2019s profitability even further.<\/p>\n

What\u2019s reassuring for stakeholders is that the independent audit by Crowe attests to CoinsPaid\u2019s stability and adherence to regulatory requirements in the volatile cryptocurrency sector.<\/p>\n

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Max Krupyshev, CEO of CoinsPaid, voiced his thoughts on the company\u2019s performance:<\/p>\n

\u201cOur team worked diligently and productively under a harsh business environment, and these efforts are reflected in the positive results that we\u2019ve achieved in the fiscal year 2022. Even amidst market turmoil and events that can greatly affect the price of Bitcoin and other digital assets, people continue to conduct their transactions. This means that our business gets to avoid the harshest backlash of such downtimes. We are deeply grateful to our clients for their continued support and intend to deliver even better performance going forward.\u201d<\/em><\/p>\n

With over nine years of crypto experience and catering to over 800 merchant accounts, CoinsPaid remains a dominant player in crypto payment solutions, licensed in the EU.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) CoinsPaid, an international crypto payment ecosystem, has experienced substantial growth, even amid the challenges faced by the broader cryptocurrency market in 2022. Crowe DNW Ltd, part of the Crowe Global network, recently verified this growth through an annual financial review. In 2022, despite major setbacks in […]<\/p>\n","protected":false},"author":34,"featured_media":23751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23750"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=23750"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23750\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/23751"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=23750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=23750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=23750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}