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AI Insights · Timothy · October 2022

Top 5 Cryptocurrency Apps on iOS in Saudi Arabia Q3 2022

Discover the performance trends of the top 5 cryptocurrency apps on iOS in Saudi Arabia during Q3 2022, including downloads, revenue, and active users.

Top 5 Cryptocurrency Apps on iOS in Saudi Arabia Q3 2022

In Q3 2022, the top 5 cryptocurrency apps on iOS in Saudi Arabia exhibited diverse performance trends in terms of weekly downloads and active users. Here's a detailed look at the key metrics for each app.

Binance: Buy Bitcoin & Crypto experienced fluctuations in weekly downloads, starting at approximately 4.9K in late June and peaking at 6.3K in mid-July. By the end of September, downloads had settled around 4.3K. The app's weekly active users saw a slight decline over the quarter, beginning at 35.9K and ending at 33.3K. Notably, the app reported no revenue during this period.

CoinMENA: Buy Bitcoin Now showed a varied trend in weekly downloads, starting strong at 3.1K in late June, dropping to a low of 647 in late August, and then rebounding to 2.8K by the end of September. The app's weekly active users demonstrated similar variability, starting at 8.6K in late June and ending at 6.8K. CoinMENA did not generate any revenue during Q3.

Sweat Wallet, which launched in late August, saw an initial surge in downloads, peaking at 5.1K in early September before dropping to 1.2K by the end of the month. Active users increased significantly, starting at 1.5K and reaching a peak of 13.5K mid-September, before slightly decreasing to 11K at the quarter's close. The app did not report any revenue.

KuCoin- Buy Bitcoin & Crypto had a steady stream of downloads, with a notable peak of 2.6K in early September. Weekly active users started at 18.4K in late June, peaked at 25.9K in early September, and concluded the quarter at 16.6K. Like the other apps, KuCoin reported no revenue during this period.

Rain: Buy & Sell Bitcoin saw a decrease in weekly downloads, starting at 1K in late June and dropping to 564 by the end of September. Active users followed a downward trend from 9.3K in late June to 7.1K by the end of the quarter. The app did not generate any revenue in Q3.

These insights into the performance of the top 5 cryptocurrency apps on iOS in Saudi Arabia during Q3 2022 highlight the dynamic nature of user engagement and app adoption in this sector. For more detailed insights and trends, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2022