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In the first quarter of 2021, the cryptocurrency market continued to attract attention, with several apps showing notable user engagement and download figures on the Android platform in the United Kingdom. Data provided by Sensor Tower offers a glimpse into the performance of these applications.
Coinbase: Buy Bitcoin & Ether experienced a fluctuating download trend, peaking at 45K in the second week of February and then gradually declining to 17K by the end of March. Despite the drop, weekly active users consistently stayed above 200K, reaching as high as 291K in the second week of March.
For Crypto.com - Buy Bitcoin, SHIB, downloads saw a significant spike in early February, reaching 52K, but then followed a downward trend. Nevertheless, weekly active users showed a more stable pattern, increasing from around 47K at the end of December to over 126K by the end of March.
Binance: Buy Bitcoin & Crypto had a remarkable peak in downloads at nearly 60K during the last week of January. Weekly active users showed strong growth, from 67K at the start of the quarter to an impressive 235K by the end of March.
Luno - BTC & Crypto Investing saw a more modest download pattern, with a high of 5.7K in the second week of February, and a decrease to 3K by the end of March. Active users showed a consistent upward trend, ending the quarter at over 22K.
Lastly, Coinbase Pro: Trade BTC, ETH witnessed its downloads peak at nearly 6K in the second week of February, but like others, it experienced a decline, finishing March at 2.3K. The app's active users were on a steady incline, closing the quarter at close to 19K.
While revenue data for these apps was not reported, the download and active user trends provide a snapshot of the growing interest in cryptocurrency apps in the UK's Android market. For more detailed insights and data, Sensor Tower's platform is the go-to resource for market analysis.