Top 5 Cryptocurrency Apps in South Africa Q3 2023 Performance

In Q3 2023, the top 5 cryptocurrency apps in South Africa exhibited diverse performance trends across downloads, active users, and revenue metrics. Here’s a closer look at their performance.

Cryptomania —Trading Simulator saw a mixed trend in its weekly downloads, peaking at 16.6K in mid-July before stabilizing around 14.7K by the end of September. The app's weekly active users fluctuated slightly, starting at 45.6K and closing the quarter at 40.8K. Revenue for Cryptomania was modest, with peaks at $133 in early July and $65 in late September.

Luno: Buy Bitcoin & Crypto experienced a steady trend in weekly downloads, closing the quarter with a peak of 17.3K. The app maintained an average of around 12K to 16K downloads weekly. Active users showed a slight decline from 64.4K in late June to 54K by the end of September.

Binance: Buy Bitcoin & Crypto had relatively stable weekly downloads, with a noticeable increase to 6.3K in the final week of September. Active users for Binance remained consistent, averaging around 32K to 38K throughout the quarter.

VALR Crypto Exchange showed a steady download rate, peaking at 2.5K in the last week of September. Active users for VALR were quite stable, averaging about 24K throughout the quarter.

Trust: Crypto & Bitcoin Wallet saw significant growth in weekly downloads, with a notable peak at 8K in the last week of September. Active users for Trust Wallet showed a strong upward trend, ending the quarter at 66.7K, up from 45.9K at the start of Q3.

These insights are derived from Sensor Tower data. For more detailed analytics and trends, visit Sensor Tower.