Crypto Exchange Targets 180,000 Additional Users Annually

Case Study: Learn how Trulioo helped a leading crypto exchange identify a 5% average performance increase and a predicted 180,000 additional users annually.

Trulioo — Case Study

A Profitable Trade-Off Unearthed by Data Science

Improving costs, transaction time and verification rates

simultaneously is an easy choice. But in some markets,

balancing those three variables requires a trade-off.

By factoring in the lifetime value of a good, verified

customer, the crypto exchange has advanced control

and flexibility to configure the right balance of growth,

friction and budget. For instance, the exchange’s

optimal approach in Belgium was to add an extra

data partner.

Even though that added to total costs

and processing time, the additional

6% uplift in match rates yielded

an estimated net revenue gain of

$88,800 per month, with a cost

increase of only $1,331 per month.

Trulioo offers its value optimization program on an

ongoing basis to customers, ensuring their identity

verification performance is always optimal. The

value optimization program is led by the Trulioo

data science team, a dedicated force of more

than 30 strategists, analysts and engineers with

formidable experience in identity verification.

Companies such as the crypto exchange rely on

Trulioo to optimize their identity verification stack,

manage costs and onboard the maximum number

of good customers.

About Value Optimization

match rate

match rate

Belgium

Austria

+6%

+5%

+0.7 seconds

processing time

Added additional

data source

+1.5 seconds

processing time

Added additional

data sources

match rate

Netherlands

+11%

+0.5 seconds

processing time

No increase in

transaction cost

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