CoinSmart Reports Retail Trading Volume Surges 1717% YoY in Q3 2021

The Canadian crypto trading platform CoinSmart has released its financial results for the third quarter of 2021, revealing that its retail trading volume spiked 1717%, compared with that of the same perod last year, and the total assets under management (AUM) reached $65 million.

Revenues came in at $3.27 million, up 238% YoY. In addition, the number of clients enjoyed a substantial growth of 651% YoY, and registered users rose 692% YoY to 150,353.

“CoinSmart is working on a number of product enhancements as well as further geographic expansion. We will provide additional details on these initiatives in a timely manner. With new additions to our team in legal, product and marketing, we are poised for further growth in Q4 2021 and beyond,” said Justin Hartzman, CEO of CoinSmart.