Top 5 Investment Apps in Australia Q1 2021: An Overview

In the first quarter of 2021, Australia's investing and financial management app landscape saw significant user activity on unified platforms. With data provided by Sensor Tower, we take a closer look at the performance of the top five apps in this category.

CoinSpot - Buy & Sell Bitcoin had an impressive start to the year with downloads peaking at 40K in late January, before settling to 20K by the end of March. The app's weekly active users followed a similar trend, starting at 16K and soaring to over 138K in the same period.

CommSec, developed by the Commonwealth Bank of Australia, maintained steady growth with a peak of 23K downloads in late January. Weekly active users showed a robust presence in the market, starting from 192K and peaking at 235K, before slightly receding to 217K by the end of the quarter.

Binance: Buy Bitcoin & Crypto saw a significant spike in downloads, reaching over 20K in early February. The weekly active users for Binance showed a progressive increase from 38K to a high of 117K in the span of three months.

Crypto.com-Buy Bitcoin,ETH,SOL experienced a download surge in early February with nearly 18K installations. The active user base for the app grew consistently, starting at 18K and culminating at 46K towards the end of March.

Lastly, Coinbase: Buy Bitcoin & Ether demonstrated a steady download rate with a peak of 10K in late January. The weekly active users of Coinbase showed a gradual increase from nearly 20K to over 31K within the first quarter.

While the revenue data for these apps was not available, the download and active user trends indicate a strong and growing interest in investment and financial management applications among Australian users. For more detailed insights and analysis, Sensor Tower's platform offers an in-depth look at the app market performance.