Breaking conventions – Women in crypto world lead the band

The London Block Exchange [LBX] had recently carried out a market research which indicated – out of one in eight women would regard investing in cryptocurrencies — almost 13%, compared to the 6% at the end of last year. Agnes de Royere, a senior business analyst at the LBX mentioned:

“There’s still a common misconception that cryptocurrency is a game for men, but we’ve seen hundreds of women sign up for our exchange in the last few months and some of the most inspiring and knowledgeable investors, leading the way in the industry are female,”

BuyUcoin's tweet | Source: Twitter

BuyUcoin’s tweet | Source: Twitter

The LBE has also remarked that there has also been utmost growth with the millennial interest in crypto space, especially with female millennials.

According to a recent survey conducted by BuyUCoin, an Indian cryptocurrency exchange, the Indian women spend close to Rs.1,40,000, whereas men spend Rs.70,000. The figures were reached at after a study was conducted in Tier 1 and Tier 2 cities, across India. The survey weighed around 60,000 cryptocurrency investors from across the country.

Shivam Thakral, CEO, and co-Founder, BuyUcoin said:

 “We wanted to conduct a detailed study to ascertain new policies and strategies that will drive this industry ahead. While conducting this study we acquired some interesting facts such as the service sector is taking exceptional interest in trading of cryptocurrency and females, in particular, showed great potential in leading this industry forward, although these are just primarily results of this study.”

New Delhi, Mumbai, Bengaluru, Hyderabad, Pune, Chennai, Ahmedabad, and Kolkata estimated around 75% of the cryptocurrency investments, which was followed by tier-2 and tier-3 cities.

Women are not just investing actively in cryptocurrency but they are also leading it from inside the system, says studies.

Andreessen Horowitz, a private American venture capital firm announced the launch of their dedicated crypto fund last week, and its first female general partner Katie Haun is leading it. Haun is the director on the board of Coinbase and has spent more than a decade as a federal prosecutor with the U.S. Department of Justice, where she focused on fraud, cybercrime, and corporate compliance alongside the SEC, FBI, and Treasury.

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