New Report Shows that Female Investors Led Crypto Market Growth Last Year
Cryptocurrency is a booming market investment. Crypto trading increased by over 48% in the past year alone and continues to rise as more investors jump on board. Among the millions of investors, female investors are leading the pack. According to a report from Cointelegraph, more ladies are taking control of their future and gearing themselves towards financial freedom with crypto. Here are some highlights from the study.
How much did crypto grow in 2021?
According to a crypto statistic report from TripleA, 2021 saw roughly around 300 million crypto users worldwide. As the user numbers increased, so did the companies that accept crypto payments around the world. The number now stands at around 18,000 businesses that all accept some form of crypto payment.
Crypto by the numbers
● The Bitcoin market hit an estimated $1 trillion in February 2021, leading to the most successful form of cryptocurrency
● The USA saw the 5th highest crypto users (over 28 million users — an increase of up to 8% from the previous year)
● 19% of women between 18 to 29 years have invested in, traded, or used a cryptocurrency
Female investors are “Crypto Queens”
The BTCM Investor Study Report 2021 found that female investors are increasing within the crypto world. The study was undertaken to explore crypto users and collected data including the age and gender of over 325,000 crypto users. Among the growing number of investors, a remarkable number of female investors joined the crypto world during the year. It was reported that female crypto queens increased by over 126%. The number of male investors in comparison grew by 83%.
Female investors around the world are successfully trading and investing, however, Australia takes the lead. Most female investors in Australia came from the 45 to 59 age group. The digital currency that women choose is mainly Bitcoin and Ethereum as these dominate the market. Tether was also seen as a popularly traded token.
Creating equality in the crypto world
The statistics are good news as the world moves toward gender equality and equal opportunities for all. Although crypto is still a male-dominated world, more women investing and getting involved paves the way for equality. Women who considered crypto investments as “too risky” are now learning more about crypto, doing their research, and diving in.
More female investors also helps the rate of investors grow overall, which increases the market value for the top currencies. The increased market value will bring on more opportunities for women to gain passive income for their investments. Female investors will be able to earn a profit to invest in their future, build their empires, and achieve financial freedom.
Why should women invest in crypto?
● Crypto grows female-owned and operated businesses
The report saw that traders and companies also invested more in crypto in 2021 (with a rise of 60%). By investing in crypto, female-dominated companies and start-ups can gain the capital they need for their businesses to prosper.
● Crypto can shrink the gender gap
Even though the world is moving toward equality, male-dominated companies and industries are prevalent. With women investing and getting involved in crypto, we help to create an economy that is centered around equality.
● ‘Crypto queens’ can empower women and bring on more investors
Female investors and influencers can help to educate other women on crypto trading and bring on more investors. Influencers on social media help to empower women by educating and promoting cryptocurrencies to their large fan base. Female investors also organize events, and seminars, write blogs and share their experiences — all of which help to promote crypto and get women involved.
Notable women in crypto
Considering getting involved in crypto or encouraging other women? The best way to get more ladies involved is to provide them with opportunities to invest and educate them on crypto practices. Here are some powerful women in the crypto world who have achieved this:
● Charlene Fadirepo
Charlene created a platform that provides financial help and assistance to women who want to get involved in crypto. It is a platform that provides a supportive community and is an inclusive space for all race groups.
● Maliha Abidi
Maliha launched the first NFT art collection called Women Rise. The pieces celebrate women in the digital space and encourage women to get involved in crypto. A good percentage of the profits also goes toward promoting equality and educating women in crypto.
● Kiana Danial
Crypto can be difficult or confusing for beginners. Kiana founded a company that teaches women how to invest. She is also a leading investor and uses her knowledge to help empower females through books, courses, and social media.
Whether you’re a man or a woman, you must be happy that the crypto community is growing so rapidly and that it provides equal opportunities for everyone. At IXFI, we believe in a better future, decentralized and fair. Join Your Friendly Crypto Exchange to be part of the change with us.
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