Tag Archives: mobile apps

Rise of the robot crypto trader: AI crypto bot apps reach 3m Android users

An analysis of AI crypto bot app download trends on the Google Play Store by app growth solutions company, SplitMetrics, has found that the sector has reached an estimated 3 million users.
According to the study, which analysed data from the App Radar by SplitMetrics platform, the sector has grown by 109% with 135k Android apps downloaded in Q1 2024. In contrast, Q1 2023 saw only 65k downloads, suggesting a rise on the back of the recent advances made in AI technology. Compared to Q4 2023, the number of downloads has also increased by 56%.
2024 to date (4 June 2024) saw 230k downloads for AI crypto apps, and at the current rate of downloads, the sector is expected to surpass the previous year’s high of 322k.
2022 saw the AI crypto bot sector reach an estimated 710k Google Play downloads.
The top five apps in Q1 2024 were Pionex (36k), uTrading (30k), AI Crypto Trading Bot – Stoic (18k), 3Commas (15k) and Auto Trading – Capitalise.ai (13k).
In terms of lifetime downloads, the top five apps are Pionex (1m), BitUniverse (597k), BOTS (581k), AI Crypto Trading Bot – Stoic (188k) and Cryptohopper (165k).
The research follows a warning by the U.S. Commodity Futures Trading Commission (CFTC) to “be wary of the hype” as “AI has become another avenue for bad actors to defraud unsuspecting investors”.
Thomas Kriebernegg, General Manager, SplitMetrics Agency, said: “The crypto sector is experiencing a resurgence following a hard 2023. At the same time, AI is becoming a big player in all spheres of our personal and professional lives. It is not surprising then that these two sectors would combine to help crypto traders with real-time insights and automation.
“It is important, however, to be aware of the limitations of AI bots and not fall for promises of guaranteed returns when trading.
“Whether growth in this sector will continue is to be seen. However, considering that there is a strong interest in both crypto and AI, we are most likely to see more apps and functionality in this area.”
This follows a previous SplitMetrics study which has found that the cryptocurrency sector has bounced back following a challenging year in 2023. The European cryptocurrency sector has grown by 94% with 1.6 million crypto trading apps downloaded in Q1 2024. Outside of Europe, the top crypto apps have experienced a 41% increase in Android downloads in Q1 2024 when compared to the same period in 2023.

How to run a better business from your smartphone

It seems like there’s now an app for everything – but which of the millions of smartphone apps are most useful if you’re trying to run a successful business? And how can you use your smartphone to improve productivity?

Online smartphone retailer, e2save, looked into how business owners use their smartphones at work, and also asked entrepreneurs to reveal which apps and features they’ve found most useful.

The research showed that a quarter of (24%) of businesses use their mobile apps to increase revenue, whilst more than a third (38%) use their app to improve their customer service and 12% use foster customer loyality. E2save also found that almost two thirds (63%) of all emails in the UK are now opened on mobile devices2.

Lee Dobson, Senior Account Manager at Bulldog Digital Media, says: “As a business owner, I’ve found that a lot of work is done on my phone and, believe it or not, I can easily go a whole day without logging on to my laptop. Phones are so advanced nowadays that they make it quick and easy to check emails, network, access analytics, visit a site… need I go on? The misconception that phones are purely for scrolling on social media is far from the truth. No worker should feel guilty for working from their phone.”

Georgina Wilson-Powell, who runs Pebble Magazine, said: “I run about 50% of my business via my phone and couldn’t be without it. As well as the usual social media and taking photos etc. I also use it for emailing on the move, Slack chats and sharing voice recordings – I wouldn’t be without it.

Working with industry professionals from across a range of sectors, e2save shares top six apps for business, according to entrepreneurs:

1. Slack (Available on iOS and Android – Free)

Slack brings everything you need for team collaboration into one place, available across any device, making communication on the go effortless.

2. MailChimp (Available on iOS and Android – Free)

The MailChimp app allows you to create, send and measure your email marketing from your smartphone. You can also find new people easily via Facebook and Instagram ads, as well as managing subscribers.

3. Adobe Spark Post (Available on iOS and Android – Free)

The Adobe Spark Post app makes graphic design easy, with plenty of templates and tutorials to help you create designs from your phone.

4. iZettle (Available on iOS and Android – Free but card reader is ordered separately)

The iZettle app turns your phone into a complete POS system, able to take most forms of payment with ease.

5. Sprout Social (Available on iOS and Android – Free but you need a Sprout Social account)

Sprout Social is an intelligent social media management app, which makes content creation, sharing and management effortless while on the move.

6. Microsoft Teams (Available on iOS and Android – Free)

The Microsoft Teams app lets you take important meetings and make quick calls with your associates while you’re on the go.

Karl Middleton, Mobile Expert at e2save, added: “What once might have been expensive software is now readily available for business owners at their fingertips – often for free. These are just a few apps that can help when it comes to running and managing a business and there are countless others out there. Our advice would be to do plenty of research and ask around to find the right combination that works for you.”

For more tips and advice from the experts at e2save, visit: https://www.e2save.com/community/