Crypto App

3 Crypto App Success Stories [2024]

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Updated: October 9th, 2024

Building a crypto trading app is the easiest and safest way to make money from cryptocurrencies.

To build a custom crypto app, you need technical skills. A custom crypto app offers the developers complete access to the technical support team. Purchasing a white-label solution means quick time to market, and it involves a relatively simple setup.

Whether crypto traders make or lose money, a crypto app remains a winner.

In this list, you'll find real-world crypto app success stories and very profitable examples of starting a crypto app that makes money.

1. Finvault ($2.64M/year)

Punit Thakker, the CEO and co-founder of Finvault, came up with the idea for the digital wallet after recognizing the need to bridge the gap between traditional finance and decentralized finance (DeFi). With a background in fintech and cybersecurity, Punit and his co-founder Christian Papathanasiou aim to create an equitable financial ecosystem by providing a platform that allows users to manage all their bank accounts and crypto in one place. They have built a skilled team of developers and designers to bring their idea to life and are preparing for a phased launch into the UK and European markets.

How much money it makes: $2.64M/year
How much did it cost to start: $700K
How many people on the team: 13

On Disrupting Fintech & Building A $2.6M/Year Digital Wallet

Finvault co-founder Punit Thakker discusses the digital wallet's mission to financially connect users worldwide by providing one platform to manage all bank and crypto accounts; the platform is due to launch with initial features, including a crypto exchange, and is projected to achieve a customer acquisition cost of $10.75 and lifetime value of $4,800 based on a two-year lifecycle assumption.

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2. CBlocks.io ($384K/year)

Auston Bunsen, along with his co-founders PK Banks and Mario Aguayo, came up with the idea for CBlocks.io after realizing that many people found it difficult to get started with cryptocurrency. They decided to sell wallets preloaded with random cryptos, and within the first 30 days of launching, they made an impressive $32,000. The business has been featured in top publications like Forbes and TheNextWeb, and they are now planning to release updates to their hardware and software to make crypto more accessible for normal people.

How much money it makes: $384K/year
How many people on the team: 0

Earning $32,000 in 30 Days With a Crypto-Filled USB Drive

CBlocks is a cryptocurrency startup that generates random wallets of the top 100 cryptocurrencies, funds them, and ships them on a USB drive alongside software to manage them, with $32k made in the first 30 days and almost $3k on their second day from being featured in TheNextWeb, Forbes, The Outline & LifeHacker all within their first 3 weeks.

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3. BitcoinVN ($300K/year)

Dominik, the founder of Vietnam's first Bitcoin exchange, came up with the idea after learning about Bitcoin in late 2012. He saw the potential for a Bitcoin exchange service in Vietnam, where access to Bitcoin was limited, and took part in launching Frankfurt's original Bitcoin community. Despite facing regulatory challenges and financial constraints, Dominik and his team bootstrapped the business and grew it into a successful venture, now offering a range of related products and services.

How much money it makes: $300K/year
How much did it cost to start: $5K
How many people on the team: 10

We Built A $240K Per Year Bitcoin Exchange In Vietnam

BitcoinVN built a successful Bitcoin exchange service in Vietnam, expanding to related products and services such as a crypto remittance platform, OTC desk, trading platform, and Bitcoin ATMs, with a founding team that took three years to receive income and initially invested $5,000.

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