Top 5 Cryptocurrency Apps on iOS in South Africa: Q1 2024

In the first quarter of 2024, South Africa's top cryptocurrency apps on the iOS platform displayed diverse performance trends. Below, we analyze the weekly downloads and active users for the top five apps: Luno: Buy Bitcoin & Crypto, Binance: Buy Bitcoin & Crypto, VALR Crypto Exchange & Wallet, Phantom - Crypto Wallet, and Kraken: Buy Crypto & Bitcoin.

Luno: Buy Bitcoin & Crypto experienced a fluctuating trend in weekly downloads, starting at 1.7K in early January and peaking at 2.4K in early March. Active users also saw a rise, increasing from 7.3K to 8.6K by late February, although there was a slight dip to 7.5K by the end of March.

Binance: Buy Bitcoin & Crypto showed a solid growth pattern, with weekly downloads rising from 980 in early January to 1.8K by early March. Active users followed a similar trend, increasing from 9.2K to a peak of 12.4K in late February before slightly declining to 10.1K by the end of March.

VALR Crypto Exchange & Wallet had a steady increase in weekly downloads, starting from 370 in early January and reaching a high of 875 in mid-March.

Phantom - Crypto Wallet saw significant fluctuations in weekly downloads, beginning at 85 in early January, peaking at 1.4K by late January, and maintaining an average of around 500 downloads per week thereafter. Active users grew from 230 in early January to 1.2K by the end of March.

Kraken: Buy Crypto & Bitcoin experienced a notable spike in weekly downloads, especially in late January, reaching 2.3K, followed by a consistent decline to around 90 downloads per week by the end of March. Active users mirrored this trend, peaking at 2.5K in late January and then stabilizing around 1K by the end of the quarter.

These performance metrics highlight the varying degrees of user engagement and interest in different cryptocurrency apps within South Africa. For more detailed insights and data, visit Sensor Tower.