AI Insights · Timothy · October 2023
Top 5 Cryptocurrency Apps on iOS in South Africa Q3 2023
Discover the performance of the top 5 cryptocurrency apps on iOS in South Africa during Q3 2023, with insights into their weekly downloads and active user trends.
In the third quarter of 2023, the leading cryptocurrency apps in South Africa on the iOS platform demonstrated varied performance in terms of weekly downloads and active user engagement. The data, sourced from Sensor Tower, offers insights into the trends and highlights of these top apps.
Luno: Buy Bitcoin & Crypto saw its weekly downloads fluctuate throughout the quarter. Downloads peaked at around 1.3K in the week of July 10 and maintained a steady rate, closing the quarter with approximately 931 downloads in the last week of September. Active users for Luno showed a slight downward trend, starting from 7.1K at the end of June and ending at roughly 5.7K by the end of September.
Binance: Buy Bitcoin & Crypto experienced a relatively stable download rate, with a notable increase in the final week of September reaching 987 downloads. Active users exhibited a consistent pattern, peaking at 7.7K in the first week of August before stabilizing around 6.3K towards the end of the quarter.
Sweat Wallet had a modest performance in terms of downloads, with numbers ranging from 172 to 336 throughout the quarter. Despite the lower download numbers, active users remained consistently above 6.5K, peaking at 7.8K in the week of August 21 and ending the quarter with 7.6K active users.
Trust: Crypto & Bitcoin Wallet saw a significant surge in downloads in the last week of September, reaching 612 downloads compared to an average of around 200 in the preceding weeks. Active users for Trust Wallet also showed a positive trend, growing from 4.7K at the end of June to 6.3K by the end of September.
Coinbase Wallet: NFTs & Crypto maintained a steady download rate, averaging around 180 downloads per week. Active users for Coinbase Wallet remained relatively stable, with a slight peak of 937 in mid-July and closing the quarter with approximately 761 active users.
These figures highlight the dynamic nature of the cryptocurrency app market in South Africa. For more detailed insights and data, visit Sensor Tower.