Ranking of cryptocurrency wallet apps in Australia 2017-2021
Cryptocurrency apps grew significantly in Australia in 2021, with the daily active users (DAU) of some apps growing by 1,000 percent between January and February. While the Coinbase Wallet app already had a DAU of several thousands in 2020, the early months of 2021 sparked a significant growth across multiple crypto wallets in Australia. CoinSpot - a domestic cryptocurrency exchange - grew from an active user base of around 1,800 each day in January 2021 to nearly 19,000 per day one month later. Roughly eight percent of Australians said they either owned or owned a cryptocurrency when asked in a consumer survey in 2020, putting them in the mid-tier of a consumer comparison for 55 different countries worldwide on cryptocurrency adoption for that year.
