AI Insights · Timothy · April 2024
Top 5 Cryptocurrency Apps on iOS in Saudi Arabia - Q1 2024
Explore the performance of the top 5 cryptocurrency apps on iOS in Saudi Arabia during Q1 2024, highlighting trends in downloads, revenue, and active users.
During the first quarter of 2024, the top 5 cryptocurrency apps on iOS in Saudi Arabia demonstrated varying performance in terms of weekly downloads, active users, and revenue. Here’s a detailed look at their performance:
Binance: Buy Bitcoin & Crypto saw a mixed trend in weekly downloads, starting strong with 12.2K in the first week of January, peaking at 16.3K the following week, and then experiencing a dip mid-quarter. Downloads picked up again towards the end of the quarter, reaching 14.4K in early March and closing at 13.2K in the last week. Active users showed a positive trend, increasing from 31.2K at the start of the quarter to 39.2K by the end of March.
RedotPay had a steady increase in downloads throughout the quarter. Starting with around 900 downloads in early January, it saw a significant rise, peaking at 3.4K in the final week of March. This app, however, did not generate any revenue during this period.
OKX: Buy Bitcoin BTC & Crypto maintained a stable download rate with a slight uptick towards the end of the quarter. Weekly downloads ranged from 1.4K to 2.1K. Active users also showed a consistent upward trend, growing from 6K in early January to approximately 7.7K by the end of March.
Crypto.com - Buy Bitcoin, ETH experienced a notable spike in downloads, particularly in the last week of February, where downloads surged to 8.4K. This was a significant jump from the usual range of 200-500 downloads seen in other weeks. Active users also mirrored this trend, peaking at 8.7K in early March before stabilizing around 2.4K towards the end of the quarter.
Sweat Wallet displayed a steady performance in downloads, with minor fluctuations. Downloads ranged from 1K to 2K per week. Active users remained relatively high throughout the quarter, starting at 73K and ending at approximately 70.6K, with a peak of 75.7K in mid-March.
The data presented comes from Sensor Tower, providing valuable insights into the cryptocurrency app landscape in Saudi Arabia. For more detailed analytics and trends, visit Sensor Tower.
