The United Arab Emirates (UAE) are experiencing an explosion of crypto customers, recording a brand new document of crypto app downloads. In actual fact, in 2024, the variety of installations reached 15 million apps, 41% extra in comparison with the 6.2 million in 2023.
UAE and crypto customers: the brand new document of 15 million downloads of cryptocurrency apps in 2024
In accordance to what’s reported by AppsFlyer, evidently within the United Arab Emirates (UAE), there was an actual explosion of crypto customers.
In actual fact, the full crypto app downloads in UAE recorded in 2024 are 41% extra in comparison with what was recorded the earlier 12 months.
Particularly, the report states that the full installations of crypto apps in UAE for 2024 have reached the document of 15 million, in comparison with 6.2 million in 2023.
Not solely that, evidently this development within the UAE of accelerating cryptocurrency adoption, by way of class apps, has been extra intense within the second a part of the 12 months. In actual fact, within the month of December alone, the variety of downloads was 2.8 million.
This knowledge is correlated with geopolitical components which have led UAE residents to more and more obtain crypto apps. In actual fact, at the start of November, the winner of the USA presidential elections, Donald Trump, the candidate in favor of crypto par excellence, was revealed.
UAE and the rise of crypto customers even in 2025
Shani Rosenfelder, director of market insights at AppsFlyer, acknowledged as follows:
“There was a powerful correlation between these market components and the momentum of the cryptocurrency market within the United Arab Emirates. Moreover, the outlook continues to be favorable, presenting a possibility for cryptocurrency firms to quickly develop their consumer bases throughout this bull market interval.”
In observe, evidently the emphasis on Trump’s pro-cryptocurrency stance has performed a vital position within the adoption of crypto apps globally, together with the UAE.
This development of oblique improve within the adoption of crypto appears to not have stopped in 2025.
In actual fact, new reviews from Appsflyer counsel that in UAE the variety of crypto app installations in January 2025 has reached practically 3.5 million.
On this regard, Rosenfelder commented:
“Wanting forward, this accounts for greater than half of all installations recorded within the nation for your entire 2023. It’s clear that there’s nonetheless an unlimited potential to be tapped, and with 2025 shaping as much as be a document 12 months, prudent crypto app entrepreneurs should use each device of their arsenal to achieve and preserve market share”
The Crypto Tower of Dubai by 2027
The explosion within the variety of crypto app downloads in UAE in 2024 can be supported by a authorities favorable to the sector.
Final month, Dubai introduced its formidable mission: to construct the Crypto Tower, a 17-story skyscraper designed to grow to be the worldwide middle of digital finance.
The mission must be accomplished by 2027, changing into a milestone in Dubai’s technique to grow to be the worldwide capital of blockchain.
Not by probability, the Crypto Tower has been described as that place which can serve to welcome and stimulate innovation, by way of collaboration between firms, startups, blockchain and crypto sector establishments.