International cryptocurrency apps like Coinbase or Binance were more popular in Canada in early 2021 than their domestic alternatives. That said, the large increase in daily active users (DAU) for both the Binance app as well as Crypto.com between January 2021 and February 2021 occurred slightly earlier for Canadian app Shakepay. Coinbase, however, was Canada's most popular app for buying and storing virtual coins with over 50,000 daily active users in February 2021 - a figure roughly half the size of the DAU observed for the same cryptocurrency app in the United Kingdom.
Average number of daily active users (DAU) of selected apps that allow for cryptocurrency storage in Canada from January 2017 to February 2021
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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Airnow. (March 23, 2021). Average number of daily active users (DAU) of selected apps that allow for cryptocurrency storage in Canada from January 2017 to February 2021 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1223680/most-popular-cryptocurrency-wallets-canada/
Airnow. "Average number of daily active users (DAU) of selected apps that allow for cryptocurrency storage in Canada from January 2017 to February 2021." Chart. March 23, 2021. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1223680/most-popular-cryptocurrency-wallets-canada/
Airnow. (2021). Average number of daily active users (DAU) of selected apps that allow for cryptocurrency storage in Canada from January 2017 to February 2021. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1223680/most-popular-cryptocurrency-wallets-canada/
Airnow. "Average Number of Daily Active Users (Dau) of Selected Apps That Allow for Cryptocurrency Storage in Canada from January 2017 to February 2021." Statista, Statista Inc., 23 Mar 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1223680/most-popular-cryptocurrency-wallets-canada/
Airnow, Average number of daily active users (DAU) of selected apps that allow for cryptocurrency storage in Canada from January 2017 to February 2021 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1223680/most-popular-cryptocurrency-wallets-canada/ (last visited September 20, 2024)
Average number of daily active users (DAU) of selected apps that allow for cryptocurrency storage in Canada from January 2017 to February 2021 [Graph], Airnow, March 23, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1223680/most-popular-cryptocurrency-wallets-canada/