Why Are Women Slowly Leaning On To Crypto Trade?

[La56]

In this digital era of blockchain technology, cryptocurrency is believed to be something that has the potential to transform the world as we know it. It has completely transformed online transaction methods. The industry is open for new players regardless of gender or age. It offers equal opportunity for both men and women to make investments in crypto trading. As businesses are transferring online and digital technology is evolving, there is more than ever the need for women in this industry. To maintain this success and boom of cryptocurrency, it is crucial to integrate women into the crypto and blockchain industry.
According to a survey done by coinbase, one-third of graduated women do not believe they have equal access to the financial system in their own countries. They also think crypto could help to close the economic gender gap in the future as in few societies, women are dependent on men for their financial decisions.
Women in Tech Industry
In the technology field, women hold 20% of Jobs, and females found about 17% startups. This percentage has dramatically increased in the recent past. It is expected that this number would increase in the future as female startup founders encourage more and more females to jump into the tech industry.
Women in Crypto
As cryptocurrency trading is a decentralized transaction system, it is not limited to businesses. Everybody, regardless of gender, can participate in it. Currently, there is only 5% of women who are crypto enthusiasts. This includes a different group of investors, developers, or just casually interested women. This percentage is meager when we compare it with two factors, one being the overall trend of women is low as in the global tech industry, and secondly, a whopping 95% of men in cryptocurrency is a much more significant percentage as a whole.
Only 65% of women globally have a bank account as compared to 72% of men. It is believed that men own almost 70% of online digital currency; a digital wallet company says its women customers are just 6% as compared to men. Although the numbers are quite small right now, it is believed that it is going to change soon. As early signs being women groups appearing in a recent meet up at San Francisco, where the opportunity for women in crypto trading was discussed, and they were educated on how they can play their vital role in this industry.
According to recent findings by coinbase, among younger women, there exists an interesting connection between financial independence and the potential role that crypto could play. Educated women showed interest in crypto trading as they realized it could help in leveling the playing field with financial inclusion.
Why low numbers?
In various societies, the system leaves many people behind, and most of the time, it’s the women who suffer. Sadly, decisions are made based on access, gender, or race. Furthermore, strict laws and barriers often put behind the women’s ability to create a bank account, get loan, or manage her overall finances. These kinds of irregularities force them to depend on their male counterparts hence depriving her of taking her own financial decisions.
Survey Results
Results of the survey among 6,000 young people from the US and UK;
• Eighty-two percent of women as compared to 65 percent of men think financial independence for women is significant.
• 3 out of 5 women believed that the impact of technology on finance would be positive.
• Thirty-nine percent of women said they would be more interested in cryptocurrency if they knew it could help their finance accessibility.
This survey depicts that women are interested in cryptocurrency and are willing to improve and manage their finances. They need clear guidelines on how they could invest and manage online currency.
According to another study, 77 percent of US Millennials believe that the current financial system is designed to favor the rich at the expense of poor people.
Efforts to encourage Women
“Blockchain and crypto will facilitate kind of next wave of commerce. Having a group that is mothers, leaders, sisters, wives – it's half the world”.
Olivia Wang – ZhenFund
We are in an era where money in exchange for almost everything. Education, information, or entertainment everything is exchanged with cash. Hence it is vital that people can access financial resources appropriately, and they must be able to make smart investments for their future. Cryptocurrency can prove an excellent solution for these kinds of needs.
Equality for All
Like many other technologies available online if you want to join the crypto community, you don’t need any special permissions from the third parties. Neither is it bound geographically or by gender or race. If you have a computer and an internet connection, you can have your digital wallet where your currency is secure and safe. Hence providing equal opportunity to men and women.
Cryptocurrency is also a solution for societies where women interaction in the physical world is limited as you don’t need to go outside and can easily access to an online digital wallet.
We have seen in the past that changes made in the financial decisions of countries have truly impacted its economy. A recent report by the UN Foundation and BNYMellon found that women equality and access to financial products could unlock $330 billion in global revenue. In this digital era, you cannot afford to lock the talent of half of your population. Empowering women, especially in the financial field, is very important and can change the economic dynamics of a country.
A lot of women entrepreneurs and groups are playing their role in bringing women to crypto trading. Olivia Wang encourages women to get educated about crypto technology and what it enables. We can create great leaders and innovators if we give equal opportunity to all. The most important thing is to educate the community and learn the practical application of online trading. In future, we hope that women understand cryptocurrency entirely and how online trading could be a great instrument to enlighten their vision of the future.
Start trading with CoVEX at
https://covex.io/

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[Ayiranorea]

Women has lot many family responsibility and they keep them focused on activities for personal grooming and money management for family needs. This is the scenario with third world countries, apart from this they look for a day job that pays little amount that could help them financially. This is what the situation of women in third world countries years back.

Now women are much adoptive to technology and has been getting to learn more about the technology. This has made them identify what they're passionate about and follow the same. This seems to be the slow learning of low number of women into the cryptocurrency network. Once they find it good they're the one who are highly dedicative than men in my opinion.

[Argoo]

Women has lot many family responsibility and they keep them focused on activities for personal grooming and money management for family needs. This is the scenario with third world countries, apart from this they look for a day job that pays little amount that could help them financially. This is what the situation of women in third world countries years back.

Now women are much adoptive to technology and has been getting to learn more about the technology. This has made them identify what they're passionate about and follow the same. This seems to be the slow learning of low number of women into the cryptocurrency network. Once they find it good they're the one who are highly dedicative than men in my opinion.

Cryptocurrency is now mainly used for profit and has moderate risks. The miners in the family have always been rightfully considered to be men. Women by nature are homemakers and therefore less likely to take risks. Moreover, indeed, they have more other family responsibilities than men. Therefore, this role of women in cryptocurrency is quite logical. Women in business tend to lose a lot of their best female qualities.

[awik p]

Women has lot many family responsibility and they keep them focused on activities for personal grooming and money management for family needs. This is the scenario with third world countries, apart from this they look for a day job that pays little amount that could help them financially. This is what the situation of women in third world countries years back.

Now women are much adoptive to technology and has been getting to learn more about the technology. This has made them identify what they're passionate about and follow the same. This seems to be the slow learning of low number of women into the cryptocurrency network. Once they find it good they're the one who are highly dedicative than men in my opinion.

Cryptocurrency is now mainly used for profit and has moderate risks. The miners in the family have always been rightfully considered to be men. Women by nature are homemakers and therefore less likely to take risks. Moreover, indeed, they have more other family responsibilities than men. Therefore, this role of women in cryptocurrency is quite logical. Women in business tend to lose a lot of their best female qualities.

in our thinking, it has become a habit that men are more willing to take risks. Cryptocurrency is new, so it's natural for men to be more dominant in this business. but I think as technology develops, I think housewives will participate, let alone a lot of their free time at home

[Kemarit]

This topic has been touched many times already in this community.

Women in the cryptocurrency industry
Women in Crypto - Where are they and who are they?
No women in Bitcoin you say?
Woman N Bitcoin
Girls in crypto world

Crypto has no gender boundaries. But you have to think that women doesn't want to take that big risk. And some study says that women are more risk averse than their counterpart. But I'm sure as time passes by more women will get themselves involved in crypto sphere, being some head of a big crypto companies or even being a big whale in the market.

[Lawrenzoo]

In this digital era of blockchain technology, cryptocurrency is believed to be something that has the potential to transform the world as we know it. It has completely transformed online transaction methods. The industry is open for new players regardless of gender or age. It offers equal opportunity for both men and women to make investments in crypto trading. As businesses are transferring online and digital technology is evolving, there is more than ever the need for women in this industry. To maintain this success and boom of cryptocurrency, it is crucial to integrate women into the crypto and blockchain industry.
According to a survey done by coinbase, one-third of graduated women do not believe they have equal access to the financial system in their own countries. They also think crypto could help to close the economic gender gap in the future as in few societies, women are dependent on men for their financial decisions.
Women in Tech Industry
In the technology field, women hold 20% of Jobs, and females found about 17% startups. This percentage has dramatically increased in the recent past. It is expected that this number would increase in the future as female startup founders encourage more and more females to jump into the tech industry.
Women in Crypto
As cryptocurrency trading is a decentralized transaction system, it is not limited to businesses. Everybody, regardless of gender, can participate in it. Currently, there is only 5% of women who are crypto enthusiasts. This includes a different group of investors, developers, or just casually interested women. This percentage is meager when we compare it with two factors, one being the overall trend of women is low as in the global tech industry, and secondly, a whopping 95% of men in cryptocurrency is a much more significant percentage as a whole.
Only 65% of women globally have a bank account as compared to 72% of men. It is believed that men own almost 70% of online digital currency; a digital wallet company says its women customers are just 6% as compared to men. Although the numbers are quite small right now, it is believed that it is going to change soon. As early signs being women groups appearing in a recent meet up at San Francisco, where the opportunity for women in crypto trading was discussed, and they were educated on how they can play their vital role in this industry.
According to recent findings by coinbase, among younger women, there exists an interesting connection between financial independence and the potential role that crypto could play. Educated women showed interest in crypto trading as they realized it could help in leveling the playing field with financial inclusion.
Why low numbers?
In various societies, the system leaves many people behind, and most of the time, it’s the women who suffer. Sadly, decisions are made based on access, gender, or race. Furthermore, strict laws and barriers often put behind the women’s ability to create a bank account, get loan, or manage her overall finances. These kinds of irregularities force them to depend on their male counterparts hence depriving her of taking her own financial decisions.
Survey Results
Results of the survey among 6,000 young people from the US and UK;
• Eighty-two percent of women as compared to 65 percent of men think financial independence for women is significant.
• 3 out of 5 women believed that the impact of technology on finance would be positive.
• Thirty-nine percent of women said they would be more interested in cryptocurrency if they knew it could help their finance accessibility.
This survey depicts that women are interested in cryptocurrency and are willing to improve and manage their finances. They need clear guidelines on how they could invest and manage online currency.
According to another study, 77 percent of US Millennials believe that the current financial system is designed to favor the rich at the expense of poor people.
Efforts to encourage Women
“Blockchain and crypto will facilitate kind of next wave of commerce. Having a group that is mothers, leaders, sisters, wives – it's half the world”.
Olivia Wang – ZhenFund
We are in an era where money in exchange for almost everything. Education, information, or entertainment everything is exchanged with cash. Hence it is vital that people can access financial resources appropriately, and they must be able to make smart investments for their future. Cryptocurrency can prove an excellent solution for these kinds of needs.
Equality for All
Like many other technologies available online if you want to join the crypto community, you don’t need any special permissions from the third parties. Neither is it bound geographically or by gender or race. If you have a computer and an internet connection, you can have your digital wallet where your currency is secure and safe. Hence providing equal opportunity to men and women.
Cryptocurrency is also a solution for societies where women interaction in the physical world is limited as you don’t need to go outside and can easily access to an online digital wallet.
We have seen in the past that changes made in the financial decisions of countries have truly impacted its economy. A recent report by the UN Foundation and BNYMellon found that women equality and access to financial products could unlock $330 billion in global revenue. In this digital era, you cannot afford to lock the talent of half of your population. Empowering women, especially in the financial field, is very important and can change the economic dynamics of a country.
A lot of women entrepreneurs and groups are playing their role in bringing women to crypto trading. Olivia Wang encourages women to get educated about crypto technology and what it enables. We can create great leaders and innovators if we give equal opportunity to all. The most important thing is to educate the community and learn the practical application of online trading. In future, we hope that women understand cryptocurrency entirely and how online trading could be a great instrument to enlighten their vision of the future.
Start trading with CoVEX at
https://covex.io/

Well, it is not so easy to understand cryptoo and even men that are into it cannot boat of knowing everything about crypto for women to participate

[hugeblack]

Unfortunately, ideas have evolved but old concepts still dominate the thinking, we still think of cryptos as a way to get a loan and thus the possibility of starting a business rather than as a change the concept of money.
The presence of women in this technology will allow them to learn more about assets and investment rather than merely seeking to collect paper money

[semobo]

The true reason is no one will not live without the money so that is the reason why the men and women are entering into the Crypto trading right now and it will be very healthy for the cryptocurrency field to match the connection with both the men and women but they also need to be guided properly that is the only thing I want to clarify and explain.

[akram143]

My opinion is in this today's technical world everyone needs to be with money so there is no comparison between men and women in Crypto field everyone are same in this field to make money so I think it is not bad for them is always good and positive vibration for everyone to get involved into Crypto future.

[fiulpro]

Well let's not be gender oriented here but let me share something with you guys , My mother works as a teacher so she is like 24*7 busy but at the same time while she is at home she asks me to teach her something about Bitcoins and trading.

I think that's because , it's easy , convinient , requires less documentation , have high returns , investments can start from anywhere from 10$ , is an excellent work from home opportunity and many more.

I think it's the question that everyone who wanted to earn extra might have asked .

[The Sceptical Chymist]

Funny, I just had a chat with a very smart woman I'm acquainted with, and it was all about bitcoin and altcoins.  Most of you know I'd have have a damn hard time trying to explain the fundamentals of crypto to anyone, but it was actually an interesting conversation and she was receptive to it.  My main point was that bitcoin doesn't rely on banks or governments and you don't need to understand exactly how it works in order to use it--just like an automobile.

This woman I had the conversation with has a small child, and I'd imagine it's not her priority right now to speculate on crypto when her kid needs stuff.  But who knows, maybe she'll get into it one of these days--and she'd heard about Facebook's Libra, which was how the whole chat started. 

I don't know exactly why there aren't as many women in crypto, but historically it's been the men who've been the pioneers, the speculators, the gamblers.  It's just one of those fundamental differences between the sexes I guess.  You know, the ones people have been trying to deny the existence of since about 2014 or so.

[gentlemand]

According to a survey done by coinbase, one-third of graduated women do not believe they have equal access to the financial system in their own countries.

This is entirely a construct of their own minds, unless they're chained to a cow in Saudi Arabia or something.

Huge areas of life are governed by the limitations people impose on themselves. If they could be arsed to ignore and step outside them they'd realise that said limitations magically evaporated in an instant.

I've asked loads of women over the years what their financial planning consists of. For the majority the answer is effectively none. They have no more or less access to the same stuff I do.

[gabbie2010]

Personally I think it will be a little hard for women to control emotions when they are fully integrated into cryptos trading, I believed women are feeble-minded in tackling technical aspect of trading in view of this the best and better alternative for them is to learn all the rudiments of cryptos and get involved only in buying and hodling they shouldn't go beyond that this aspect of cryptos else it will disastrous for them to embark on the other aspect of trading cryptos with respect to technical and fundamental trading

[gentlemand]

Personally I think it will be a little hard for women to control emotions when they are fully integrated into cryptos trading,

Have you ever met a woman? Many of them are fully competent.

And the idea of all men being icy trading gods who 'know better' is a fucking joke. This forum alone is heaving with whiny, screeching hormonal bitches and they all possess some testicles.

[TravelMug]

Personally I think it will be a little hard for women to control emotions when they are fully integrated into cryptos trading, I believed women are feeble-minded in tackling technical aspect of trading in view of this the best and better alternative for them is to learn all the rudiments of cryptos and get involved only in buying and hodling they shouldn't go beyond that this aspect of cryptos else it will disastrous for them to embark on the other aspect of trading cryptos with respect to technical and fundamental trading

I'm sorry mate but I have to disagree with you. they might late technical aspects but as far as controlling emotions? they are better than us men.

And mind you there are a lot of women already in this field, maybe it's in their DNA not to take risk in the beginning. But once they learn that you don't need to be technical and learn the intricacies of crypto, they could easily find it more appealing, just saying.

[kryptqnick]

I liked the text. Women are indeed a half of the world, and it's ridiculous to keep restricting or ignoring so many people, focusing on males. I am not sure whether the studies are accurate, since when you see the percentage you do not know how many people even took part in that survey and whether it was done professionally.
I think that more and more women will get involved in the crypto market as the word is moving towards gender equality. Cryptos are decentralised, and users are anonymous, so that certainly helps women. They face less prejudices when people don't know who they are.

[davis196]

I've always keep repeating that crypto will become successful only if the women adopt it in their daily life.This will force more merchants to adopt crypto payments as well.The amount of women involved into crypto will only go up as times goes by.It's our responsibility to introduce crypto to more women and make it easier to understand.

[Bunsomjelican]

If I am going to analyze why majority of the women slowly learning on to crypto trade, it is because determination and dedication was not there also passion they don't have it, that's why they are slow even they say I like it but it won't take long.

[BrewMaster]

i don't think that is true and unless i see a very concrete statistical study of the gender of people who are in the cryptocurrency market and are trading i won't accept random estimations. i think it is just like before a certain percentage (smaller) of the market is women. the total number has grown as bitcoin adoption grows and it brings in more people but nothing has changed to skew that percentage towards more women in the market.

[Vishnu.Reang]

At least here in India, the number of women who are willing to invest in cryptocurrency is relatively low. One reason may be the lack of clarity in the legal status of Bitcoin. There are rumors going around that even owning coins can send you behind bars. The men may not get scared due to these tactics, but it is having a big impact on the women.