Top 5 Cryptocurrency Apps Performance in South Africa, Q3 2022

During Q3 2022, the performance of the top 5 cryptocurrency apps in South Africa showed a variety of trends in weekly downloads and active users, with data sourced from Sensor Tower.

Luno: Buy Bitcoin & Crypto had a consistent download rate, peaking at around 20.6K in the week of July 25. Weekly active users fluctuated, starting at approximately 100.8K and ending the quarter at around 85K.

Trust: Crypto & Bitcoin Wallet saw a decline in downloads, from about 4.8K in late June to roughly 2.5K by the end of September. Active users varied slightly, maintaining a range between 39.8K and 46K throughout the quarter.

Sweat Wallet experienced significant growth in weekly downloads, especially in early September with a peak of 12.6K. Active users also increased sharply, reaching about 27.3K in mid-September, before slightly declining to 21.8K by the end of the month.

Binance: Buy Bitcoin & Crypto maintained steady weekly downloads, fluctuating around the 3K mark. Active users ranged from 25.5K to around 30.1K, showing stable engagement throughout the quarter.

StormGain: Crypto Trading App had a notable increase in weekly downloads mid-quarter, peaking at 3.5K in the week of August 8. Active users saw some variability, starting at approximately 9.6K and ending at around 7.5K.

For more detailed insights and data, visit Sensor Tower.