In India, it’s women who are betting big on cryptocurrencies.
BuyUcoin, an Indian cryptocurrency exchange, has found that female Indian investors, on average, invested over Rs1.4 lakh (around $2,000) on digital currencies—twice the amount that men typically spent. The survey, conducted between March and June, had over 60,000 respondents.
“Usually, woman investors who are buying or trading are over 40 years of age. Therefore, typically these mature investors are able to put in more money,” Shivam Thakral, BuyUcoin’s CEO, told Quartz. “On the other hand, more men start investing at an early age with the average age for this investor group being 30.”
