In India, it’s women who are betting huge on cryptocurrencies.
BuyUcoin, an Indian cryptocurrency exchange, has found that feminine Indian investors, on average, endowed over Rs1.4 lakh (around $2,000) on digital currencies—twice the quantity that men generally spent. The survey, conducted between March and June, had over 60,000 respondents.
“Usually, lady investors who are buying or trading are over forty years of age. Therefore, usually these mature investors are ready to place in more cash,” Shivam Thakral, BuyUcoin’s ceo, told Quartz. “On the opposite hand, more men begin investing at an early age with the average age for this investor group being thirty.”
However, in terms of the sheer range of investors, men lead the pack by a long way.
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