AI Insights · Timothy · October 2022
Top 5 Cryptocurrency Apps Performance in Australia Q3 2022
Explore the performance of the top 5 cryptocurrency apps in Australia during Q3 2022, highlighting trends in downloads and active users.
In the third quarter of 2022, the top cryptocurrency apps in Australia showed varied performance trends in terms of downloads and active users, according to data from Sensor Tower.
Binance: Buy Bitcoin & Crypto saw its weekly downloads fluctuate, starting at around 5.7K in late June and ending slightly lower at 5.8K by the end of September. Active users for the app also showed some variation, with a peak of approximately 105.9K in late June and a slight dip to around 96.7K by the end of the quarter.
CoinSpot - Buy & Sell Bitcoin maintained a relatively stable download rate throughout the quarter. Downloads started at 3.4K in late June and ended at around 3.2K in late September. The app's active users also displayed consistency, peaking at about 319.7K in early September before declining to approximately 282K by the end of the quarter.
Sweat Wallet, which launched in late August, experienced a significant surge in downloads, reaching a peak of roughly 13.8K in the first week of September. Active users showed a similar trend, peaking at approximately 27.7K in mid-September before settling at around 21.6K by the end of the month.
Crypto.com - Buy Bitcoin, ETH had a stable performance in terms of weekly downloads, starting at around 2.3K in late June and ending at approximately 2.7K by the end of September. Active users exhibited a slight decline over the quarter, starting at around 58.1K and decreasing to about 45K by the end of September.
Coinbase: Buy Bitcoin & Ether showed a consistent download rate, with weekly downloads ranging from 1.6K to 2K throughout the quarter. The app's active users started at approximately 22.8K in late June and saw a gradual decline to around 18.2K by the end of September.
For more detailed insights and data, visit Sensor Tower.