Most popular cryptocurrency apps Nigeria

Whilst Nigeria has multiple apps at its disposal which facilitate buying and storing cryptocurrencies, one app in particular saw its user base grow in early 2021. Luno already was the biggest cryptocurrency app in the African country, but still saw growth of 15,000 daily active users (DAU) between December 2020 and January 2021. Another noticeable development is how little growth was observed among all apps during this timeframe: the DAU of cryptocurrency apps United States grew much faster during this same time period. According to a consumer comparison in 55 different countries worldwide consumers from Nigeria were the most likely to say they either owned or used a cryptocurrency such as Bitcoin.

Average number of daily active users (DAU) of selected apps that allow for cryptocurrency storage in Nigeria from January 2017 to January 2021

Characteristic	Luno	Blockchain Wallet	Binance	Trust	Coinbase	Roqqu	Bitcoin Wallet by Bitcoin.com	Paxful Bitcoin Wallet	Crypto.com	Busha	Quidax	Coinbase Wallet	Bitcoin Black Wallet	Bitcoin Wallet
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Release date

February 2021

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Region

Nigeria

Survey time period

January 2017 to January 2021

Supplementary notes

The numbers provided are from a tracking website that noted the number of daily active users for individual apps from January 2017 onwards. Earlier figures are not available, as the tracker did not provide this figure before this time.

The figures provided cover DAU figures for both Android as well iOS.

The apps shown had a minimum of at least 500 DAU in early 2021. An app like Voyager had less than this amount, and was therefore excluded.

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Characteristic	Luno	Blockchain Wallet	Binance	Trust	Coinbase	Roqqu	Bitcoin Wallet by Bitcoin.com	Paxful Bitcoin Wallet	Crypto.com	Busha	Quidax	Coinbase Wallet	Bitcoin Black Wallet	Bitcoin Wallet
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Characteristic	Luno	Blockchain Wallet	Binance	Trust	Coinbase	Roqqu	Bitcoin Wallet by Bitcoin.com	Paxful Bitcoin Wallet	Crypto.com	Busha	Quidax	Coinbase Wallet	Bitcoin Black Wallet	Bitcoin Wallet
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Average number of daily active users (DAU) of selected apps that allow for cryptocurrency storage in Nigeria from January 2017 to January 2021

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Characteristic	Luno	Blockchain Wallet	Binance	Trust	Coinbase	Roqqu	Bitcoin Wallet by Bitcoin.com	Paxful Bitcoin Wallet	Crypto.com	Busha	Quidax	Coinbase Wallet	Bitcoin Black Wallet	Bitcoin Wallet
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