San Salvador, El Salvador, 28 May, 2025 — Bitget Wallet, a leading player in the non-custodial crypto wallet space, has just launched its insightful Onchain Report: Crypto Wallet Use Cases. The report delves into the evolving dynamics of how users from various demographics engage with crypto wallets globally. This initiative follows the recent brand refresh and the unveiling of a 2025 roadmap focused on improving the user experience for trading, earning, paying, and discovering all within a single application.
With over 80 million users and a remarkable 300% growth rate over the past year, Bitget Wallet has established itself as one of the most popular self-custody wallets around the world. The research involved insights from 4,599 respondents, illustrating that crypto wallets have transitioned from being mere storage solutions to comprehensive platforms for engaging in daily onchain activities.
According to the report, an impressive 48% of users are leveraging wallets for trading, while 46% are using them for earning rewards. Moreover, around 40% employ them for payments, with other prevalent uses being engaging in staking or farming for yield (37%) and analyzing market trends (35%). The data especially highlights the significant involvement from Gen Z users, with 43% engaging in crypto payments—a trend indicative of a broader movement toward decentralized finance across various demographics.
“People don’t just use wallets to store and send crypto anymore; they use them to manage their entire digital lives. This report showcases the evolving role of wallets as central hubs for financial activities, from cross-border payments to real-time engagement with the financial markets,” stated Alvin Kan, COO of Bitget Wallet.
This growing trend is particularly relevant in regions with limited access to traditional banking services. In Africa, 53% of users primarily utilize wallets for fund transfers, while in Southeast Asia, this figure rises to 60%. Additionally, in Latin America, 41% of users are focusing on yield-related activities such as staking and farming to mitigate inflation concerns and bolster their savings—indicative of onchain finance playing a critical role in everyday life.
In contrast, more developed regions indicate a shift toward using wallets for asset management. In Eastern Europe, for instance, 41% of wallet users engage in crypto payments, which cover both peer-to-peer transactions and retail expenditures. The highest rates of long-term holdings (at 44%) and yield activities (at 42%) are noted in East Asia, where users are inclined toward strategic financial planning with their crypto assets. Meanwhile, Western Europe and North America show a growing interest in trading and incentive-based onchain programs.
These findings highlight Bitget Wallet’s strategic direction, focusing on a comprehensive onchain service model tailored around four primary functions: Trade, Earn, Pay, and Discover. The platform has introduced features like Super DEX for cross-chain transactions, Alpha for market insights, and a Simplified Mode for ease of entry for new users. Upcoming features include Earn Vaults for flexible yield generation and user-friendly dashboards. Moreover, Bitget Wallet positions itself as the sole self-custodial wallet that provides extensive payment options—including via QR codes, crypto cards, and an in-app portal for shopping with over 300 brands globally.
Backed by a protection fund of $300 million and compatible with over 130 blockchains, Bitget Wallet is unwavering in its commitment to deliver secure, intuitive mobile solutions that seamlessly integrate into everyday Web3 experiences.
In recent years, the cryptocurrency landscape has experienced remarkable growth, making it accessible to a broader audience than ever before. With initiatives like the Global Crypto Movement, platforms are striving to enhance education and encourage the integration of digital assets into everyday life. This movement showcases how education can drive adoption and create real-world applications for blockchain technology.
For instance, current trends indicate that the global embrace of cryptocurrencies is not solely about investment, but also about utilization in various sectors, including finance, healthcare, and logistics. This shift emphasizes the potential of using cryptocurrencies for everyday transactions.
Understanding Crypto Wallets
A crypto wallet serves as a digital vault for your assets, providing a secure way to store, transfer, and track your cryptocurrencies. Among the leading options is the Digital Wallet X, designed with user safety and ease of use in mind. With exceptional security features, this wallet supports over 100 cryptocurrencies and offers users the ability to manage a diverse portfolio with minimal effort.
Key features include:
- Multi-Support: Works with various cryptocurrencies including Bitcoin, Ethereum, and many altcoins.
- User-Friendly Interface: Simplified navigation allows even beginners to manage their assets efficiently.
- Staking Opportunities: Users can earn passive income through staking mechanisms built into the wallet.
With regular updates and a dedicated support team, crypto users are given the tools they need to leverage their digital assets effectively.
For a snapshot of the current developments, the Crypto Insights Blog provides valuable articles and resources designed to educate users on best practices and emerging trends in the crypto space.
Join the Movement
As the cryptocurrency adoption rate rises, initiatives such as the $1 million cashback campaign are emerging to encourage new users to experience the benefits of digital currencies firsthand. By participating in these programs, users can explore the practical applications of cryptocurrencies without financial risk.
Get involved by checking out:
- Social Media Channels: Follow the latest updates on platforms like Twitter and Instagram.
- Community Discussions: Engage with fellow enthusiasts on forums and Discord groups.
- Webinars and Workshops: Attend educational sessions aimed at explaining the functionalities and nuances of using cryptocurrencies.
Through these approaches, individuals can become part of a larger community that supports the growth and responsible use of cryptocurrencies.
For any inquiries or requests related to this initiative, please reach out directly to the project team through their official communication channels.
Disclaimer: This article is intended for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct thorough research before making investment decisions related to cryptocurrencies.
