Top 5 Cryptocurrency Apps Performance in Saudi Arabia Q1 2023

The first quarter of 2023 saw interesting trends in the performance of the top 5 cryptocurrency apps in Saudi Arabia. Data from Sensor Tower reveals key insights into weekly downloads and active user metrics across a unified platform.

Binance: Buy Bitcoin & Crypto experienced a consistent increase in weekly downloads, starting from around 6.3K in late December and peaking at approximately 12.6K by the end of March. Weekly active users also demonstrated growth, rising from about 44.7K to 54K over the same period.

Sweat Wallet showed fluctuating download trends, with notable peaks in mid-January and mid-March, reaching up to 9.2K. Active users saw a significant increase from 58.9K in late December to a high of 94.6K in mid-March, before slightly decreasing to 86.8K by the end of March.

Trust: Crypto & Bitcoin Wallet had a steady increase in weekly downloads, starting from 1.7K and reaching a peak of about 3.5K by the end of March. The app's active users grew from 28.7K to 35.7K over the quarter.

Bybit: Buy & Trade Crypto saw a notable increase in weekly downloads in mid-February, reaching nearly 4K, and another peak in mid-March with 3.2K downloads. The app’s active users increased from 7.2K in late December to approximately 12.6K by mid-March, maintaining that level through the end of the quarter.

KuCoin- Buy Bitcoin & Crypto had stable weekly download numbers, fluctuating between 1.1K and 1.8K. Weekly active users showed a steady trend, with numbers ranging from 30.5K to 35.3K throughout the quarter.

For more detailed insights and data, visit Sensor Tower.