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AI Insights · Timothy · April 2024

Q1 2024 Performance of Top Crypto Apps on Android in Latin America

An overview of the first-quarter performance for the leading cryptocurrency applications on the Android platform in Latin America, showcasing downloads and user engagement data.

Q1 2024 Performance of Top Crypto Apps on Android in Latin America

In the first quarter of 2024, cryptocurrency applications have shown varying performance trends on the Android platform in Latin America. Sensor Tower provides a detailed analysis of the top five crypto apps, offering insights into their downloads and weekly active users.

Worldcoin Wallet experienced a significant uptick in downloads, starting at 75K in the first week of January and peaking at 283K in late February. Weekly active users followed a similar positive trajectory, growing from 427K to over 909K by the end of March.

Binance: Buy Bitcoin & Crypto maintained strong download numbers throughout the quarter, with an initial 96K downloads in the first week of January and reaching a high of 179K towards the end of February. The app's weekly active users saw a steady increase, starting from approximately 1M users to 1.39M by mid-March.

Sweat Wallet showed more modest download figures, with around 40K at the start of the quarter, dipping to approximately 24K, and then rising to 36K by the end of March. The app's weekly active users demonstrated a steady increase from 332K to 391K in the same period.

Coinbase: Buy Bitcoin & Ether had a relatively stable quarter in terms of downloads, with a notable spike in March, jumping from 22K to 144K. Weekly active users fluctuated slightly but remained around the 100K mark by the quarter's end.

Lastly, Nexo: Buy Bitcoin & Crypto saw downloads ranging from 21K to 24K during the quarter, with a slight decline in early March. The app's weekly active users presented a gradual increase from 55K to 66K over the three-month period.

For more detailed insights and data on app performance, Sensor Tower's full reports and analytics provide a comprehensive view of the mobile app landscape.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2024