Women Only Account for 8.75% of Crypto Traders According to Etoro Survey

[mskumar]

A recent survey conducted by Etoro, the social trading and multi-asset brokerage company, revealed that women only account for a tenth of crypto traders. This information solidifies the fact that gender inequality is still a major stumbling block for the crypto sector. Since the inception of Bitcoin, it has been for the most part judged as a male dominion.

Women Love Ripple while Men Dominate Ethereum and Bitcoin Cash
Etoro’s survey was conducted between March 2017 to February 2018 on individuals using their services. The extensive survey took into consideration crypto participation based on age, gender and job sector.

According to the survey, women make up 8.75 percent of all crypto traders. However, the demographic insights are not shocking as it is not the first survey to highlight crypto sectors underlying concern – Gender Inequality. Moreover, as per the study, female involvement seems more limited to sales and marketing jobs. Overall, however, the crypto sector is a mix of technology and finance, both of which suffer similar gender inequality.

In beating these odds, many women hold esteemed positions at major crypto businesses. Some prominent women in the crypto sector include Blythe Masters, the CEO of Digital Asset Holdings, Elizabeth Stark of Lightning Labs and Antoinette O’Gorman, the CCO at Ripple.

The Etoro survey not only highlights the demographic distribution but also digs deeper to reveal the type of cryptocurrencies preferred by men and women. As per the survey, Bitcoin enjoys zero percent gender imbalance, while Ethereum, Bitcoin Cash, and Litecoin remain a male dominion. Interestingly, women are inclined towards trading Ripple’s XRP.
Source:https://btcmanager.com/women-only-account-for-8-75-of-crypto-traders-according-to-etoro-survey/?utm_source=onesignal&utm_medium=push

[btyco]

No idea why women love ripple, it is the most hated currency in the whole of the market. Just a bankers centralised coin that we're trying to get away from. That is why crypto exists - to get away from their control

[felixesteban]

8 percent rate is pretty small. It means that women don't like to operate in the field of Finance. This is understandable, they are more subtle and difficult to trade by studying charts, reading long analysis comments.