According to an analysis by brokerage company eToro, merely 15% of Bitcoin merchants are women.
Even though this suggests gender inequality in the world of cryptocurrencies, the comparative percentage of women investing in cryptocurrency is rising. At the beginning of 2020, the proportion of women investing in Bitcoin and Ethereum was just about 10% and 11%. Over the past year, the numbers have increased to 15% and 12%.
A poll by a trader on Twitter indicates that women compose just about 8% of traders.
Amid persistent growth in BTC, the number of subscribers on the eToro platform has also increased rapidly. Over the last 12 months, the number of eToro users has increased by more than 100%, with the average age of customers decreasing.
The average age of Bitcoin investors has dropped from З7 in 2017 to З5 in 2021. Regarding the similar statistic for Ethereum investors, over the equivalent period, it fell from З5 to З2 years.
“The high allure of the cryptocurrency industry is progressively reflected in the characteristics of the stakeholder base,” – said Simon Peters, a prominent market analyst and expert on cryptocurrencies.
The activity for various crypto assets is also changing trading activity for Bitcoin increased by 167%, it is the most common cryptocurrency among eToro clients; Ether is in second place, but for this asset the growth was З1З%.
