Connect with us

FEATURED

Women are Taking Over the Crypto Market

Published

on

The crypto space has majorly been dominated by men but women are changing that notion now as recent findings from, AltcoinTrader revealed that women cryptocurrency owners are on the rise. The South Africa cryptocurrency exchange had revealed that more women are owning cryptocurrency unlike before and the ages of men who own cryptocurrency are between the ages of 18 and 40.
This is a remarkable feat as it will cause a great deal of diversity and inclusion in the crypto space. What we want is financial inclusion for everyone right? Then it’s a great thing that women are getting involved in the space. Richard de Sousa a partner at AltcoinTrader, say: “We think that the growth in this market is still at its infancy and as more regulatory frameworks get developed over time in this space, more people will get into it. There will definitely be an increase in our records across all of these generations as the market evolves.”
The report also showed that,“the group is a culmination of the Xenial and Generation Y or “millennials”. They are born between 1978-1988 and are dominating this space owning bitcoin or other cryptocurrencies. Although there are more men generally internationally in the cryptocurrency market, there is a high rise of women in various age groups. The cryptocurrency exchange revealed, “As cryptocurrencies such as bitcoin are still a new phenomenon, we are starting to see more South Africans get into this space.”
Although women dominated the space in the category of women aged 30-40, Males dominated the category of 18-30 year category. Women also dominated in the 40 to 80 age account groups. For the last six months, the number of women investing in cryptos has risen from 6 percent to 13 percent. African women are moving towards financial inclusion and liberty in the world and cryptocurrencies offer that freedom. It is not difficult to find out why more women are investing in cryptocurrencies.
 
 
 

What do you think about more women getting into the crypto space? Share your opinion with us in the comment section below.
Image credit: Pixabay

 

Disclaimer:
The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.

0 0 votes
Article Rating
Advertisement Earnathon.com
Click to comment
0 0 votes
Article Rating
Subscribe
Notify of
guest

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Crypto News Update

Latest Episode on Inside Blockchain

Crypto Street

Advertisement



Trending

ALL Sections

Recent Posts

0
Would love your thoughts, please comment.x
()
x