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Women’s interest in crypto is growing, but the education gap persists, according to a new study

A survey of 1,031 female Americans aged 18 to 65 found that 15% of women are interested in pursuing a career in cryptography.

Despite the fact that female investors are becoming more interested in cryptocurrencies and blockchain technology, a new survey finds that there is still a large knowledge gap on these topics.

The poll was performed by a third-party survey panel on Jan. 28, 2022, and included 1,031 female-identifying Americans between the ages of 18 and 65, according to BlockFi.

According to a recent BlockFi study on changing attitudes toward cryptocurrencies, 92 percent of the women polled have heard of cryptocurrency, with nearly one-quarter (24 percent) currently possessing it. On the other hand, 80% still find it difficult to comprehend, and 72% say investing is too hazardous.

According to the poll, more than a third of women want to buy cryptocurrencies in 2022, with 60% stating they will buy cryptocurrency in the following three months.

While overall cryptocurrency adoption is still low, the majority of female cryptocurrency owners are purchasing and HODLing, according to the survey. The crypto market has already experienced a lot of turbulence in 2022. Despite this, women’s faith in long-term crypto investment remains unshaken, with the majority of women acquiring BTC (71 percent), DOGE (42 percent), and Ether (18 percent), according to the survey.

According to the survey, 24% of participants possess cryptocurrency. 70 percent of individuals who own it are HODLers, meaning they bought it but never sold it, compared to 55 percent for the market as a whole. According to the report, about 45 percent of women know how to acquire bitcoin, up from around 23% six months earlier.

Medha Parlikar, the CTO of Casper Labs, stated in an interview that she believes regulators “going forward” would continue to allow more women to participate in blockchain entrepreneurship. She made the following observations:

“In terms of women in technology, I believe there is a broader tail than just women entering the field. I’ve noticed a huge trend in favour of girls who code correctly.”

Gender equality in the crypto and blockchain industries is still a long way off, according to a research released last year. According to the World Economic Forum’s April 2021 Global Gender Gap Report, closing the gender gap as a result of the COVID-19 epidemic will take nearly 135.6 years.

This hasn’t discouraged these women, who have employed blockchain technology and cryptocurrency to address a variety of societal issues. According to a research published in December 2021, the number of Australian women investing in cryptocurrency has doubled over the previous year.

According to a recent poll conducted by KuCoin, male and female crypto users in Turkey are more evenly distributed. Female investors make for 47 percent of investors and 63 percent of crypto-curious in Turkey, according to KuCoin.

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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