Female Cryptocurrency Investors Doubled in Six Months: UK Exchange Research

The London Block Exchange recently carried out a market research and found out one in eight women would consider investing in a cryptocurrency — almost 13%, compared to the 6% at the end of last year.

The research also concluded those numbers rise when considering only millennials. Among this generation, one in five is likely to invest in a digital currency. This shows the number of women involved in the crypto world has doubled in just six months.

“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,” said Agnes de Roeyer, senior business analyst at the London Block Exchange.

Roeyer isn’t the only one paying attention to their female audience. The BlockShow Europe recently distinguished three leading women on the blockchain. Co-Founder and Chief Data Officer of The Health Information Traceability, Dr. Quy Vo-Reinhard, was the favorite. Gina Contrino, a frontend developer at Lisk, came in second, followed by Manon Burgel, Chief Operating Officer at B2Expand.

City A.M. reports the research suggests women are less likely to suffer from F.O.M.O. (fear of missing out) and to think strategically when investing in cryptocurrencies. Furthermore, unlike men who tend to be lone wolves, women tend to consult with their friends and family before making a final decision.

These numbers are surprising, considering earlier reports which suggested men almost entirely dominated the crypto space.

[…]

Read Full: Female Cryptocurrency Investors Doubled in Six Months: UK Exchange Research