Top 5 Cryptocurrency Apps Performance in UAE: Q3 2024

During the third quarter of 2024, the cryptocurrency app market in the United Arab Emirates saw varied performance trends across the top five applications, reflecting diverse user engagement and download patterns. Leveraging data from Sensor Tower, we delve into the specifics of these trends.

Binance: Buy Bitcoin & Crypto had a fluctuating download pattern, starting with over 15K downloads in early July and experiencing a significant peak in mid-September, reaching over 33K downloads. Weekly active users generally hovered around 45K to 53K, with a notable increase towards the end of September.

Tonkeeper — TON Wallet saw a gradual rise in weekly revenue, beginning with modest figures in July and culminating in a high of $412 by the end of September. Downloads decreased from an initial 15K to a low of 3.2K at the quarter's end, while active users maintained a range from approximately 34K to 47K.

Bybit: Buy & Trade Crypto exhibited a steady increase in active users, climbing from 18K in early July to over 31K in mid-September. Download numbers varied, with a peak of over 9K at the start of September before dropping to 2.9K by the end of the quarter.

OKX: Buy Bitcoin BTC & Crypto maintained a consistent presence with downloads peaking at over 12K in late August before settling at 2.5K at the quarter's close. Active users rose significantly in late August to over 30K, followed by a decrease to approximately 20K by the end of September.

Trust: Crypto & Bitcoin Wallet showed stable active user engagement, consistently around 50K, with a peak of 54K in late September. Downloads were more variable, with a notable increase to over 5K in late September before declining to 2.4K.

These insights highlight the dynamic nature of the cryptocurrency app market in the UAE, with varying levels of user engagement and download activity. For more detailed analytics and insights, visit Sensor Tower.