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In Q1 2022, the top 5 cryptocurrency apps on iOS in Nigeria exhibited diverse trends across weekly downloads and active users. Data from Sensor Tower provides a detailed insight into their performance.
Binance: Buy Bitcoin & Crypto saw a steady weekly download rate, peaking at around 8.9K in mid-January. Active users started the quarter at approximately 43.4K, increased to about 50.9K by mid-January, but gradually declined to around 40.2K by the end of March.
Trust: Crypto & Bitcoin Wallet experienced fluctuations in weekly downloads, starting at 6.2K and reaching a high of 8.8K in early January, before ending the quarter at approximately 6.7K. Active users started the quarter at about 46.6K and saw a general decline, dropping to around 32.9K by early March, but rebounded to 38.8K by the end of the quarter.
Coinbase: Buy Bitcoin & Ether showed a varied download trend, beginning at 2.3K and peaking at 4.7K in late January. Active users increased from 10.4K at the start of the quarter to about 13.9K by the end of January, stabilizing around 12.2K towards the end of March.
Blockchain.com: Crypto Wallet maintained a consistent download rate, ranging between 2.6K and 3.4K throughout the quarter. Active users remained relatively stable, starting at 29K and ending the quarter at approximately 27.1K, with minor fluctuations in between.
MetaMask - Blockchain Wallet had a steady download rate, starting at 2.5K and peaking at 3.9K in early January, before tapering off to around 1.7K by the end of March. Active users showed growth, starting at 12.8K and steadily increasing to about 16.6K by the end of the quarter.
These trends highlight the dynamic nature of the cryptocurrency app market in Nigeria. For more detailed insights, visit Sensor Tower.