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Number of installed crypto applications ...

The number of installed crypto applications reaches record highs
CONTENT

  • Crypto apps beat all download records

  • Over the year, the number of installed crypto Apps increased by 81%

  • Crypto-exchange and crypto-wallet applications became the download leaders

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Number of installed crypto applications ...

The Coinbase and Crypto.com apps became the absolute leaders in terms of the number of installations on mobile devices. In general, the number of installed crypto applications increased by 81.4% compared to July 2019.

An era of renaissance for cryptocurrency

According to research by the resource Apptopia, the second quarter of this year was a period of real breakthrough for crypto-applications. Starting in February 2020, that is, during the period of the introduction of strict quarantine and the closure of borders, the number of installed crypto-applications began to increase steadily, and in July this year this figure reached a record high of 3.5 million downloads.

Number of installed crypto applications ...

According to representatives of the platform, the most popular among users were mobile crypto-wallets, as well as platforms for exchanging cryptocurrencies, as well as buying / selling crypto-coins:

“At the beginning of the quarantine, we saw a spike in new installs for some of these apps, but we didn’t really think about it, because this market tends to be quite volatile anyway. Well, we figured it out too early. It looks like the growth we saw was actually real and lasting, ”the official statement said..

The leaders in terms of installs were Coinbase with approximately 969K and Crypto.com with approximately 576K downloads. Also among the most downloaded applications are Blockchain Wallet, BRD, Trust, Luno, Binance, Bitcoin Wallet, Bitcoin Wallet from Bitcoin.com and Coinbase Wallet.

According to Apptopia representatives, the growth in popularity of crypto-applications is associated with several factors at once: the coronavirus pandemic, the active development of the cryptocurrency market in Africa and Latin America..

“Crypto.com, for example, has increased new installs from Nigeria by 339% over the past 90 days. Coinbase grew there by 113%, ”the company said..

According to analysts themselves, such an increase in the popularity of applications can give impetus for the development of other cryptocurrency projects such as ZenGo, TronWallet, Yellow Card, Paxful and Zebpay..

Number of installed crypto applications ...

However, crypto users prefer to download not only applications and wallets, but also surf the Internet with pleasure in search of funny pictures and memes. Most recently, BeInCrypto presented its review of the most popular memes of the week..

While studying the audience of cryptocurrency investors, a former Coinbase executive suggested that Bitcoin may be the most popular investment asset among tech workers. This makes it a certain shared value that unites the tech industry..

In general, it can be noted that 2020 was a real breakthrough for cryptocurrencies..

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