Despite the weeks of sluggish trade, curious people are still willing to join the crypto game. According to Apptoppia report, over 3.5 million of Apps for crypto wallets were downloaded in July.
Besides, the number of active users has increased by 110% since January, 1st till August, 19th.
Crypto community is growing
Users from Africa contribute to BTC wallets’ popularity more that users from other continents. It was registered that Crypto.com saw 339% more downloads made in Nigeria over 90 days. Coinbase also recorded 113% increase.
Most of Apps for Bitcoin wallets enable traders to store and pay for goods in crypto. Traders can also exchange different cryptocurrencies, or even mine BTC with some of the wallets to get profit not buying the equipment. But apart from this, most BTC wallets serve only for storage crypto and you will hardly make any money on them.
