AI Insights · Timothy · January 2025
Top 5 Investing Apps on iOS in Nigeria: Q4 2024 Performance
Explore the performance trends of the top 5 investing apps on iOS in Nigeria during Q4 2024, with insights on downloads and active users.
In the fourth quarter of 2024, the performance of the leading investing and financial management applications on iOS in Nigeria showcased some intriguing trends in downloads and active users.
OKX: Buy Bitcoin BTC & Crypto saw a peak in weekly downloads at approximately 43K in late October, followed by a gradual decline to around 1.9K by the end of December. Active user numbers rose significantly from 58K in early October to a high of 248K in mid-November, before settling at 96K by the close of the quarter.
Bybit: Buy Bitcoin & Crypto experienced a steady stream of downloads, starting at 23.5K and fluctuating around 10K to 11K throughout the quarter. Active users showed a decrease from 644K to 403K, with a notable dip in early December.
Pi Network maintained a consistent download rate, beginning at 11K and ending at approximately 7.9K. Active users remained relatively stable, hovering between 400K and 460K, peaking in late October.
Phantom - Crypto Wallet saw a surge in downloads, reaching 51.6K in mid-December, up from an initial 2K. Active users mirrored this trend, increasing from 52K to over 217K by year-end.
Lastly, Trust: Crypto & Bitcoin Wallet had steady downloads, ranging from 5.6K to 7.7K weekly. Active users fluctuated, with a peak of 334K in early December, before ending the quarter at 255K.
These insights, derived from Sensor Tower data, highlight the dynamic landscape of financial apps in Nigeria. For more detailed analysis, visit Sensor Tower's platform.