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In 2024, the number of crypto app downloads in the UAE reached 15 million, reflecting a 41% increase from the previous year. December recorded a peak with 2.8 million installations.
The 49 leading crypto applications in the United Arab Emirates were downloaded 6.2 million times in 2023. In 2024, this figure rose by 41% to reach 15 million, according to data from AppsFlyer published in industry media.
The most significant growth occurred in the second half of 2024, with monthly downloads consistently surpassing 1 million in the fourth quarter. December 2024 set a new record with 2.8 million downloads, while January 2025 exceeded this with a historic high of 3.5 million crypto app downloads — accounting for over half of all installations noted in 2023.
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Shani Rosenfelder, Director of Market Insights at AppsFlyer, pointed out that 60% of crypto app downloads in 2024 were fueled by aggressive marketing strategies. Consequently, one in five Android apps was removed within 30 days of installation.
Max Krupyshev, CEO of CoinsPaid, emphasized in the Function Driven FinTech podcast the role of local FinTech companies in regional markets, noting that users prefer familiar platforms that eliminate the need for currency conversion.
Analysts at AppsFlyer attribute the significant increase in crypto app popularity to major global events, particularly Donald Trump’s campaign promises and his victory in the U.S. presidential election.
Сообщение Crypto App Downloads in UAE Soar by 41% in 2024 появились сначала на CoinsPaid Media.
