Crypto wallets develop into all-in-one finance hubs, according to Bitget Wallet Report

• The Onchain-Report shows that users are increasingly on whale to trade, earn and pay

• The report follows the recent refresher of the brand identity of Bitget Wallet and the unveiling of the Roadmap 2025

The crypto wallet as a gateway for on-chain economy

The report is based on knowledge of 4,599 users worldwide and shows that crypto wallets have developed from simple tools for storage and transfer to fully functional gateways that control on-chain life. Almost half of all respondents use Wallets for trading (48 %), collecting premiums (46 %) and for payments (40 %). Other important applications are staking or the Yield Farming (37 %), the review of market trends (35 %) and the discovery of new tokens (33 %). About a third also uses the wallet for direct interaction with Dapps.

„People no longer only use Wallets to store and send cryptocurrencies – they use them to live oncasin. This report confirms what we can observe worldwide – Wallets have become a hub. Whether it is about sending money across borders, earning rewards or checking market trends, users are more involved in the future of the Web3, more than ever via Wallets ”, more than ever.

said Alvin Kan, Coo from Bitget Wallet.

Different regional behaviors

This shift reflects the general preference of users for all-in-one wallets, especially in emerging countries, in which access to traditional financial services is still limited. In Africa, 53 % of users state that they mainly use Wallets to send money amounts, in Southeast Asia it is even 60 %. These regions also have a high level of commitment to premiums and payments, which indicates that Wallets are increasingly being used for everyday financial activities when Fiat rails are limited or unstable. Latin America is a leader in the yield-related application cases (41 %), whereby users use staking and farming functions to secure themselves against inflation and increase their savings under volatile economic conditions.

In the more developed markets, the trends shift when using wallets towards asset management and digital trade. Eastern Europe stands out in the crypto payments (41 %), where wallets are used for peer-to-peer transfers and for retail expenses. In East Asia is the commitment to long-term holding (44 %) and the generation of yield (42 %) is the highest, while in Western Europe and North America the focus is on trading and participation in Onchain reward programs, which indicates a greater focus on portfolio-based and incentive-oriented use.

In summary, the Bitget Wallet Report illustrates a significant development of crypto wallets that become multifunctional tools that are essential for navigation in on-chain economy. This transition, characterized by a diversification of applications such as trading, saving and payments, underlines the growing potential of these platforms. The regional differences in acceptance emphasize the adaptability of the wallets to various economic and cultural contexts and confirm their role as a gateway for the future of Web3.