A recent Bitget Wallet report reveals that cryptocurrencies are increasingly being integrated into everyday payment behaviors worldwide.
Crypto in Daily Life
According to a survey of nearly 4,600 users worldwide, cryptocurrency has transitioned from being solely an investment medium to a means of daily expenditure. Users most often utilize digital assets for purchases of groceries, gaming credits, and even high-end items. Bitget Wallet's strategy is focused on streamlining payment processes to make them as easy as cash or card transactions.
Regional Differences in Crypto Payments
Crypto payments are being adopted differently across various regions. East Asia shows the highest interest at 41% for daily purchases, while gaming (41%) and gifting (36%) are prevalent in Southeast Asia. In Africa, 38% of students prefer using cryptocurrency for educational expenses. Latin America leads in purchasing digital products (38%). Meanwhile, in the Middle East, cryptocurrencies are becoming lifestyle currencies.
Generational Differences in Crypto Usage
The report highlights significant differences in cryptocurrency usage among generations. Generation Z (aged 18-29) is most interested in gaming (39%) and digital gifting (35%). Millennials (aged 30-44) are balanced adopters, engaging in travel (36%) and purchases. Generation X (aged 45+) focuses on stability and long-term investments, with real estate (30%) and online shopping (36%) as their top interests.
The report illustrates the growing trend of using cryptocurrencies for everyday expenses, which opens new opportunities for both users and developers in the ecosystem. Payments are becoming a crucial link between traditional financial systems and new technological approaches.