A large part of the Users of the Middle East also opt for digital currencies for privacy in transactions, reflecting the strong preference of the region for financial security and discretion.
However, a considerable number of cryptocurrency users in the region is concerned about security risks amid the pHishing scams, exchange infractions and Ponzi schemes, which makes safety a priority, the global Bitget Wallet study, a crypt exchange of crypto exchange cripted worldwide, he said.
“Either for personal savings, business or investment purposes, [Middle Eastern users] They are increasingly preferring cryptography, since sacrificing a way of performing transactions without excessive scrutiny or third -party supervision, “the study said.
“This is also aligned with the growing demand for decentralized financial solutions in the region that put users in control of their wealth,” he said.
Bitget Wallet, however, said that although Crypto presents exciting financial opportunities, strengthening security education and implementing more friendly protections will be key to increasing confidence in cryptographic payments.
Many new users, not familiar with Autocustody and private key management, remain vulnerable to cyber threats, he said.
The high transaction rates are another barrier for the broad use of cryptographic transactions in the Middle East, since unpredictable costs reduce their attraction for users who depend on crypts, commercial transactions or daily payments, according to the study.
“Many people and companies face barriers in the transfer of funds through borders due to banking regulations or limited access to international financial networks.
“Cryptography eliminates thesis restrictions, which allows users to send and receive money with effort, regardless of location. This has made private digital assets to expand commercial opportunities and allow financial inclusion,” said Bitget Wallet.
However, he pointed out that the clearest regulations and improved legal protections will be essential to generate confidence, ensuring that cryptography can evolve towards a safer and more widely accepted financial tool in the region.
Africa, Southeast Asia leads cryptographic adoption worldwide for faster payments
The global study, based on a cryptographic user survey in all regions, also revealed different regional adoption trends for cryptography.
In emerging markets, users prioritize speed, accessibility and profitability, with Africa (52 percent) and Southast Asia (51 percent) leading the demand for faster payments.
In contrast, markets developed such as North America and Oceania (36 percent) emphasize the need for perfect global payments, reflecting different cases of use in all regions, according to the study.
Cross -border payments are the main cases for cryptographic transactions in Latin America (41 percent), although the region faces significant groups on transaction rates.
Significantly, privacy conerns drive adoption in the Middle East (38 percent) and Western Europe (35 percent).
However, the study said that in all regions, the limited acceptance of merchants, estimated at 31 percent, continues to be an important barrier, preventing cryptography from being a widely used daily payment method.
Lack of legal protection is another important obstacle to the broader cryptographic adoption, with up to 30 percent of the Middle East users who highlight it as a key concern.
“Unlike traditional finance, cryptographic transactions of the lack of consumer safeguards, leaving users exposed to fraud, disputes or lost funds without resource,” said Bitget Wallet.
The study also revealed that some regions see Crypto as an alternative financial system instead of only one payment method.
“In southern Asia (38 percent) and Eastern Europe (34 percent), there is a strong preference for spending cryptography, highlighting a change towards the treatment of functional money instead of only an asset,” he said.
Younger users more willing to integrate cryptography into their daily financial activities
Generational differences in cryptographic use revealed that generation X (49 percent) prioritizes speed, while millennials (42 percent) and generation Z (39 percent) favor transactions without borders.
The study also showed that safety conerns are higher between generation X (42 percent), while generation Z (36 percent) is more sensitive to transaction rates.
While younger users are more willing to integrate cryptography into their daily financial activities, usability challenges and the lack of financial infrastructure remain key obstacles for broader adoption, Bitget Wallet said.
“In all generations, the main reasons for using cryptographic payments remain consistent, but key differences arise in priorities,” he said.
The study said that privacy and cost savings resonate in all age groups, with 37-40 percent citing privacy as an important factor and 37 percent appreciating the lowest transaction rates.
While all generations recognize the convenience of spending cryptography without becoming Fiat, Gen X and Millennials (39 percent) lead in this preference.
“These ideas suggest that while generation Z is more experimental, millennials and generation X come to Crypto as a practical tool and a financial alternative, with speed, accessibility and adoption of privacy impulse,” said Bitget Wallet.
The Z generation is also slightly more inclined towards the capacity of cryptosis to avoid traditional financial systems, he said.
The study is expected to allow the interested parties of the industry to anticipate trends, refine the experiences of the users and develop solutions that improve the trust, usability and global acceptance of cryptography as a viable payment method.
