Ranking of cryptocurrency wallet apps in Turkey 2017-2021

Published by Zeynep Dierks, Jul 11, 2022
Turkey's domestically developed apps for cryptocurrency purchasing or storage were more popular than the Coinbase app in 2021. Two things stand out for Turkey: First, the domestic nature of most its cryptocurrency apps. BtcTurk, Thodex, OKEx and Bitay are all Turkish, with only Binance being a popular non-domestic alternative. Second, the daily active users or DAU observed in February 2021 is higher than the DAU for cryptocurrency wallets in the United Kingdom. Indeed, in 2020 Turkey ranked inside the top 10 of in a consumer comparison for 55 different countries worldwide on cryptocurrency adoption.

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

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Release date

March 2021

Region

Turkey

Survey time period

January 2017 to February 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 1,000 DAU in early 2021. An app like Voyager had less than this amount, and was therefore excluded.

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