Coinspaid believes that 2022 was a very challenging year but that didn’t stop the crypto payments company from expanding. Being one of the participants at AIBC 2022 Europe Summit, Coinspaid says 2022 was a tough year for the overall global economy.
However, crypto adoption is growing and not only among retail investors, but integration among companies is also growing. Coinspaid has big plans for 2023. It increased the total number of transactions in 2022, expanded its team to over 200 globally, and entered the LATAM market. As for the downturns, Coinspaid highlighted Terra meltdown on top of its “The BAD” list, followed by Three Arrows and Celsius collapse, FTX crash, and the overall crypto winter. Coinspaid recorded a global crypto ownership increase to 320 million users, cryptocurrency became a legal payment method in Brazil, and crypto donations to war-torn Ukraine exceeded 100s of millions.
Coinspaid’s crypto payment system helps any type of online business accept crypto payments and receive an equal amount in the national currency of their choice instantly or hold it and pay with crypto to their partners and affiliates. It has a cost-effective opportunity to start one’s own digital currency payment business and become a crypto payment system or cryptocurrency service for merchants under their own brand. Moreover, Coinspaid has a cryptocurrency hot wallet system that is for businesses whose model requires a scalable and secure environment for the management of digital asset – acceptance, storage, and withdrawal of digital assets to multiple addresses. Users can receive, store and send over 15 types of cryptocurrencies on five different blockchains in the best crypto wallet.