AI Insights · Timothy · January 2025
Top 5 Investing Apps Performance in Australia Q4 2024
Discover the performance trends of the top investing apps in Australia during Q4 2024, featuring CoinSpot, Crypto.com, Binance, Phantom, and Coinbase.
In the fourth quarter of 2024, the investing and financial management app market in Australia showed interesting trends on a unified platform. Here's a breakdown of the performance of the top five apps.
CoinSpot - Buy & Sell Bitcoin saw a significant increase in weekly downloads, peaking at around 33.9K in early December. Active users also grew steadily, reaching approximately 447K by mid-December. However, there was no recorded revenue for this period.
Crypto.com: Buy BTC, ETH & CRO experienced a surge in downloads, with a peak of about 21.8K in December. Active users increased to approximately 167K at the same time, indicating growing user engagement.
Binance: Buy Bitcoin & Crypto downloads peaked at approximately 14.7K in early December, with active users reaching nearly 391K. This app maintained a strong user base throughout the quarter.
Phantom - Crypto Wallet showed a notable increase in downloads, peaking at about 21.8K in late November. Active users followed a similar trend, with numbers climbing to around 48.5K by early December.
Finally, Coinbase: Buy BTC, ETH, SOL had downloads peaking at approximately 14.7K in early December, while active users rose to about 95.1K in mid-December.
For more detailed insights and data, visit Sensor Tower's platform.
