India [January 20, 2025] : Koinpark, a centralised cryptocurrency exchange platform in India, has closed 2024 with extraordinary achievements, reinforcing its position as a trusted name in the digital asset industry. Over the past year, the platform witnessed exponential user growth, robust expansion into global markets, and significant additions to its offerings, underscoring its commitment to innovation and user-centric services. Notably, Koinpark saw registrations surge from 1 lakh to 3.5 lakh, a testament to its growing popularity among cryptocurrency enthusiasts.
Thandapandi Durai, CEO, Koinpark said, “2024 has been an incredible year for Koinpark! We’ve grown bigger, introduced new trading features, and added more options to make crypto trading easier and more exciting. With over 3.5 lakh registrations and a solid jump in revenue and trading volume, we’re thankful for the amazing support from our community. As we head into 2025, we’re all about bringing even more advanced trading options and creating a space where traders and investors can thrive. The future of digital finance looks bright, and we’re excited to shape it together!.”
Koinpark’s service portfolio expanded substantially in 2024 by adding over 200 new coins to its listings. This strategic expansion has not only diversified investment options for its users but also empowered traders with access to a more comprehensive range of opportunities. In parallel, the company’s focus on geographic expansion has amplified its impact. Operating across 119 countries, Koinpark recorded a 10% rise in its user base and a 15% increase in trading volume.
Koinpark achieved impressive year-over-year (YOY) growth, with revenue surging by 49.8% to 75% and trading volume growing by 55% to 60%. This momentum reflects the platform’s robust operational strategy and its ability to consistently deliver exceptional value to its customers. User engagement also reached new heights, with the total registration count now standing at 3.5 lakh. The introduction of innovative features like P2P trading and demo trading, coupled with the establishment of Coingabbar as its media partner, marked significant milestones in enhancing user experience and industry recognition.
Looking ahead to 2025, Koinpark aims to push the boundaries of innovation and growth. The platform is set to introduce advanced trading options, including OTC trading, copy trading, futures trading, and margin trading, providing users with greater flexibility and control. These initiatives reflect Koinpark’s unwavering commitment to creating a secure, dynamic, and user-friendly ecosystem for traders and investors worldwide. As the cryptocurrency landscape evolves, Koinpark is poised to remain at the forefront, driving industry excellence and empowering its growing community of users.