AI Insights · Timothy · April 2022
Top 5 Cryptocurrency Apps in Saudi Arabia, Q1 2022
In Q1 2022, the top 5 cryptocurrency apps in Saudi Arabia showed varying trends in downloads and active users, with some apps experiencing significant fluctuations.
In Q1 2022, the top 5 cryptocurrency apps in Saudi Arabia exhibited diverse performance trends on the unified platform, based on data from Sensor Tower.
Binance: Buy Bitcoin & Crypto saw a notable fluctuation in weekly downloads, starting with approximately 19.6K at the end of December and dipping to around 10.1K by late February, before stabilizing at about 12.5K by the end of March. Active users showed a slight decline from 95.1K to around 80.2K throughout the quarter.
Rain: Buy & Sell Bitcoin experienced a downward trend in weekly downloads, beginning at 10.6K and dropping to approximately 4.5K by mid-March, with a mild recovery to 6.7K by the end of the quarter. Active users also decreased from 28.5K to about 25.7K during the same period.
BitOasis: Buy Bitcoin & Crypto demonstrated an increase in weekly downloads, peaking at around 12.9K in mid-February before settling at approximately 6.7K by the end of March. Active users rose significantly from 10K to approximately 21.3K over the quarter.
CoinMENA: Buy Bitcoin Now had varied download numbers, with a notable spike to 10K in mid-March after a low of around 2K in late February. Active users followed a similar pattern, increasing from 4.2K to about 9.3K by the end of March.
Crypto.com - Buy Bitcoin, ETH showed a steady decline in weekly downloads from 6.2K at the start of January to about 2.5K by the end of March. Active users fluctuated slightly, starting at 15.2K and ending at around 14.0K.
For more detailed insights into these trends, visit Sensor Tower.