AI Insights · Timothy · July 2022
Top 5 Cryptocurrency Apps Performance in Saudi Arabia Q2 2022
In Q2 2022, the leading cryptocurrency apps in Saudi Arabia showed varied performance in terms of downloads and active users. Sensor Tower data reveals insightful trends for these apps on both iOS and Android platforms.
During the second quarter of 2022, the top five cryptocurrency apps in Saudi Arabia exhibited diverse performance trends across downloads and active users, according to data from Sensor Tower. Below are the details for each app:
Binance: Buy Bitcoin & Crypto saw fluctuating weekly downloads, peaking at 27.6K in the week of May 9th. Active users also showed a notable increase, reaching 97.3K in the same week, before tapering off to 66.7K by the end of June.
CoinMENA: Buy Bitcoin Now experienced a significant spike in downloads in mid-April, with a high of 33.9K. Active users followed a similar trend, peaking at 24.1K during the week of April 11th. However, both metrics saw a decline towards the end of the quarter, with downloads dropping to 3.9K and active users to 10.8K by the end of June.
BitOasis: Buy Bitcoin & Crypto had a varied performance in terms of downloads, peaking at 12.4K in early May. Active users showed an increase during the same period, reaching 28.5K in the week of May 9th, before declining to 16.7K by the end of June.
Rain: Buy & Sell Bitcoin maintained relatively stable download numbers, with a slight decline from 6.7K at the start of the quarter to 1.3K by the end of June. Active users also showed a downward trend, decreasing from 25.7K to 16K over the same period.
KuCoin- Buy Bitcoin & Crypto experienced moderate fluctuations in downloads, peaking at 4.8K in early May. Active users saw a steady increase, reaching a high of 33.8K by early June, before slightly decreasing to 29.2K by the end of the month.
These insights offer a snapshot of the cryptocurrency app landscape in Saudi Arabia for Q2 2022. For more detailed data and analysis, visit Sensor Tower.
