The crypto market has been turbulent since May 2022. Major companies such as Coinbase and have laid off employees, spurring panic among investors and traders. We believe that transparency is the key to maintaining the faith of our community in the face of a volatile market.

That’s why we decided to release our Bi-annual Report on PointPay for 2022. Yahoo! and The Globe and Mail are among the several media that shared PointPay’s document with a broader audience.

We wanted to inform our investors and clients about what we have already achieved during the first six months of 2022:

PointPay’s trading turnover has reached $58 million in the first six months of this year, marking a 16% increase over the end of last year. Our active user base has reached 240 thousand, representing a 20% increase over the last six months.

The integration of the Quick Exchange and Classic Exchange interfaces with the new design led to a 15% increase in downloads of Android and IOS apps.

The recent growth of the company is associated with the release of new ecosystem products, such as Launchboard, Escrow, and HR Talents platforms, and the improvement of existing services.

PointPay CEO Vladimir Kardapoltsev also outlined the company’s goals for the second half of 2022.

«In the second half of 2022, we plan to complete our platform ecosystem, release new products, such as the PointPay P2P trading platform, and launch a B2B solution-PaySys. PointPay will continue to broaden its customer base by offering the best solutions available in the cryptocurrency market.»

You can read the full article on Yahoo!, Yahoo!Finance, Yahoo!News, The Globe and Mail, XRP Family, Bitcoin World Report, and Crypto Gainn.