Crypto-Owning Australian Women have doubled in 2021: IRCI Survey

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According to an IRCI survey of 2000 Aussies, 56.7% of the Australian women, would join the crypto market following the advice of friends and family.

In a new survey, Cointelegraph has found that the proportion of Australian women who own crypto assets has doubled in the previous year.

Moreover, in the 2021 IRCI (Independent Reserve’s Cryptocurrency Index) survey of 2000 Australians, the number of Australian women who presently or previously invested in crypto increased from 10.3% (2020) to 20% (2021). Further, the percentage of female Bitcoin holders also increased from 8.3% to 14.8% as per the survey. 

Independent Reserve is an Australian-based cryptocurrency exchange. Also, it has more than 200,000 crypto users now!

Deputy Chairmen Karen Cohen stated that more Australian women had entered the crypto market this year. Also, the asset class has continued to become a conventional investment. 

In addition, Co-founder of Independent Reserve Adrian Przelozny said that cryptocurrency investments become more admissible over time.

Grayscale  Research from 2019 showed that women tend to be more risk-averse investors. However, this was one of the main reasons for the gender inequality between female and male crypto investors.

Furthermore, the IRCI also found that women were more likely to listen to family and friends about crypto. The 56.7% of the Australian women surveyed stated that they would enter the crypto market because of their family and friends’ advice.

Lastly, Cohen stated that she expects that total gender parity among crypto investors is yet “a while away”. 

In the past, Investments were involved with gender-based roles. Also, this biasness is still for the Australian women in our society.

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