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Cryptocurrencies in Daily Life: Shifting from Speculation to Real Expenditures

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by Giorgi Kostiuk

a day ago


A recent report from Bitget shows that the trends in cryptocurrency usage are shifting from speculative investment to everyday expenditures.

Global Trends in Cryptocurrency Usage

According to the study, which involved 4,599 participants, over 35% use cryptocurrencies for everyday transactions, gaming, and travel. The main use cases globally include: - Gaming (36%) - Daily purchases (35%) - Travel bookings (35%) Additionally, 32% of participants allocated their assets for digital products and gifting, while 30% engaged in education.

Age Group Preferences

The survey also explored how different generations utilize cryptocurrencies. For example, 39% of Gen Z prefer using digital assets for gaming, and 35% for gifting. Millennials show that 36% utilize cryptocurrencies to cover travel expenses, highlighting convenience and value. Gen X predominantly uses cryptocurrencies for travel bookings (40%).

Regional Spending Differences

Interest in cryptocurrencies varies across regions. East Asia leads in interest in digital products and daily purchases (41% each). Meanwhile, Africa ranks first in utilizing cryptocurrencies for educational needs (38%). Latin America shows high figures for digital product purchases (38%).

The findings from the Bitget study indicate that users are increasingly integrating cryptocurrencies into their everyday spending, reflecting a significant shift in their approach to digital assets.

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