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In the third quarter of 2024, the performance of the top cryptocurrency apps on iOS in South Africa showcased varied trends across downloads and active user engagement, as reported by Sensor Tower. Here's a closer look at how these apps performed:
Luno: Buy Bitcoin & Crypto maintained a consistent increase in weekly downloads, rising from approximately 1.1K at the start of July to about 1.6K by the end of September. Weekly active users fluctuated slightly, starting at around 6K, dipping mid-quarter, and finally stabilizing near 6K again towards the end of the period.
Binance: Buy Bitcoin & Crypto observed a notable surge in weekly downloads, particularly in mid-September, peaking at over 2K. The app's active user base followed a similar upward trajectory, climbing from approximately 9.8K at the quarter's start to a high of around 15K, before settling at 12K in late September.
VALR Crypto Exchange & Wallet experienced fluctuations in its download numbers, with a significant spike in mid-September reaching over 2.2K. Despite the absence of active user data, the download trends indicate a growing interest in the app during this period.
Sweat Wallet saw a gradual increase in weekly downloads, peaking at 1.1K in late August before settling around the 350 mark. Its weekly active users showed a positive trend, starting at 9.4K and reaching a peak of 11.8K in early September, with a slight decline thereafter.
StormGain: Crypto Trading App exhibited relatively stable download numbers, generally hovering around 400 downloads weekly, with a noticeable dip in early September. Active users remained fairly steady throughout the quarter, fluctuating around the 300 mark.
For more detailed insights and data analysis, visit Sensor Tower. These trends highlight the dynamic nature of the cryptocurrency app market in South Africa, with varying degrees of user engagement and interest across different platforms.