Biggest cryptocurrency wallets in Brazil 2015-2023, based on downloads
Binance downloads in Brazil were higher than those of Coinbase or domestic app Mercardo Bitcoin (MB) in Q4 2022. This is according to an estimate using roughly 190 different apps that offer a crypto wallet function from across the world. Wallets are but one type of app that interact with decentralized digital assets, although it can be difficult to separate the different applications from each other. Crypto wallets are often used for crypto storage, and less so for payments. Payment aggregators such as BitPay allow for such a feat, converting crypto payments on a seller's website to fiat currency before sending the latter to the merchant. Not all payment aggregators offer apps, however.