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The crypto women: fewer holders than men, but interest in the sector is growing

The report from the crypto-exchange BITmarkets analyzed the community, providing data on the behaviors of women and men. In particular, it emerged that women in crypto are still less likely to be holders compared to men, but there is a growing interest in the sector compared to the past. 

Crypto women are still fewer holders than men

BITmarkets Academy, the educational arm of the crypto-exchange BITmarkets, conducted a survey involving 1,550 respondents from selected European markets.

From what has emerged, it seems that only 11% of the women interviewed own crypto, establishing themselves as less of a holder than men (21%). 

In any case, it seems that crypto women are more open to the sector, given that 46% have not denied having an interest in cryptocurrencies. 

Specifically, 54% of women expressed interest in learning about cryptocurrencies, choosing to start with professional training. 

Other data, on the other hand, aim to highlight the ignorance of the sector, for example by asking the meaning of more technical words like “crypto-exchange.” In this regard, 14% of men and 24% of women admit to knowing nothing about it. This percentage of ignorance rises when the topic is even more recent, such as “crypto ETFs,” with 29% among men and 41% among women. 

Women in crypto increasingly curious about the sector

The research conducted by BITmarkets reveals that although women hold less crypto compared to men, it seems they have become increasingly curious about the sector. 

The growth of interest is a value that generates potential for greater engagement in the crypto space. This, considering that education and awareness are important to overcome barriers such as financial trust. 

Regarding the results of the survey, Ali Daylami, Head of Data Analytics at BITmarkets, commented as follows:

“The survey highlights that, as in other investment sectors, men are more proactive in the cryptocurrency space, more willing to take risks, and more inclined to try new technologies. However, it is important to note that the potential interest of women in cryptocurrencies is almost equal to that of men and that women are even more likely to study the sector before diving in. This could signal a trend towards the convergence of economic interests between men and women”

But BITmarkets is not the only one to have conducted a survey on the gender gap in the crypto world. In fact, recently, other crypto-exchanges and cryptocurrency companies have reported their results 

The surveys by Gemini and Pantera Capital on the crypto gender gap

Last September, the crypto-exchange of Gemini had reported the data from the survey on the crypto gender gap, conducted by Data Driven Consulting Group on a sample of 6000 people from the USA, UK, France, and Singapore.

Here, 69% of the respondents identified as holders are men compared to 31% who are women. The percentages are much higher compared to the BITmarkets report, although the gap seems to be very similar. 

On the contrary, last July, the Pantera Capital survey on blockchain sector compensation, revealed something extraordinary: women in crypto earn 15% more than men.

In a sample of 502 respondents, it emerged that the median base salaries of women in crypto are $172,000, compared to $150,000 for men.

Such data highlight that when it comes to working in the crypto sector, the gender gap is counter to being a crypto holder.

Stefania Stimolo
Stefania Stimolo
Graduated in Marketing and Communication, Stefania is an explorer of innovative opportunities. She started out as a Sales Assistant for e-commerce, and in 2016 she began to develop a passion for the digital world, initially in the Network Marketing sector, where she discovered and became passionate about the ideals behind Bitcoin and Blockchain technology, which lead her to work as a copywriter and translator for ICO projects and blogs, and organize introductory courses.
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