A recent study shows that despite the market’s volatility, female investors have likely held more digital assets than male investors. Women are increasingly taking risks when it comes to investments and are not afraid to invest in cryptocurrencies. As per WazirX Survey for the occasion of Women’s Day, trading volume on its platform by female users increased by 3.3% in a year.
A recent study shows that despite the market’s volatility, female investors have likely held more digital assets than male investors. Women are increasingly taking risks when it comes to investments and are not afraid to invest in cryptocurrencies. As per WazirX Survey for the occasion of Women’s Day, trading volume on its platform by female users increased by 3.3% in a year.
The average value of Crypto held per female user on the platform is ₹9,650, which is almost 30% more than the average value of Crypto held per male user, which is ₹6,676. This accounts for a combined crypto worth ₹354.9 crore in women investors’ balances.
The average value of Crypto held per female user on the platform is ₹9,650, which is almost 30% more than the average value of Crypto held per male user, which is ₹6,676. This accounts for a combined crypto worth ₹354.9 crore in women investors’ balances.
The highest number of signups among females came from the age group of 25 – 35 in the last two years. It was 51.02% and 44.28% in 2021 and 2022 respectively. Closely following are the female users between 36 – 50 with 29.98% and 32.54% in 2021 and 2022 respectively.
The highest number of signups among females came from the age group of 25 – 35 in the last two years. It was 51.02% and 44.28% in 2021 and 2022 respectively. Closely following are the female users between 36 – 50 with 29.98% and 32.54% in 2021 and 2022 respectively.
Crypto has been preferred by women over traditional assets ever since its adoption started growing. With low entry barriers, better access, and inclusion for users, women find it easier to invest in virtual digital assets. Bitcoin was the most loved cryptocurrency among female investors with a weightage of 21.6%. But Tether with 21% weightage in total volumes emerged as the second most popular digital asset among females.
Crypto has been preferred by women over traditional assets ever since its adoption started growing. With low entry barriers, better access, and inclusion for users, women find it easier to invest in virtual digital assets. Bitcoin was the most loved cryptocurrency among female investors with a weightage of 21.6%. But Tether with 21% weightage in total volumes emerged as the second most popular digital asset among females.
The major reasons to invest in cryptocurrencies were financial independence. 45% of women in the age group of 45-60, 41% in the age group of 18-30, and 34% of women between the ages 30-45 invested in crypto for financial independence. 51% of the investors were influenced by their partners, whereas 32% were influenced by news articles, social media, market trends, etc.
The major reasons to invest in cryptocurrencies were financial independence. 45% of women in the age group of 45-60, 41% in the age group of 18-30, and 34% of women between the ages 30-45 invested in crypto for financial independence. 51% of the investors were influenced by their partners, whereas 32% were influenced by news articles, social media, market trends, etc.
