Italian women are the most crypto-curious

While traditional finance has high entry barriers, the crypto world brings new opportunities for a wider range of investor profiles, including women.

In fact, we noticed a growing interest in digital assets from women, and this article will provide some explanations for this phenomenon.

43% of Italian crypto owners are women

A recent study by Triple-A showed that women represent a third of the total cryptocurrency owners.

In some European countries this percentage increases even more with the level of education and awareness of the sector, Italy is first on the list with 43%, followed by the UK with 40% female crypto owners, France with 30% and Germany 26%.

In Italy, cryptocurrencies are the second preferred investment after bank investments, such as savings accounts.

When it comes to people who don’t own crypto yet but plan to invest in it in the near future, almost 50% of them were women, which shows a growing interest in digital assets and suggests that the total number of female crypto users will continue to increase . in the coming months.

The choice to invest in cryptocurrencies instead of traditional finance is explained by several factors, such as the easy access to crypto, the wide range of tools available for different types of investor profiles and the growing number of women-led organizations in the sector.

Lower barriers to entry for crypto investments

The wage gap between the sexes is unfortunately still noticeable in most countries and affects the investment habits of men and women. In the EU, women earn on average 13% less per hour than men. Fortunately, Italy is among the top 5 EU countries with the lowest pay gap, earning 4% less on average.

However, although the wage gap is slowly closing in some countries, women still tend to have less money available for investment, making it more difficult for them to access certain types of investment, especially those that require high initial funding, as is the case in many traditional financial assets.

Cryptocurrencies help to close this gap, as one can start with a very low investment and benefit from higher returns in a shorter period of time.

Perhaps this is why crypto is now the second most asset class for young women aged 18-34, second only to cash. To create this research, a survey of around 10,000 global retail investors in 13 countries was conducted. This data also shows that women’s presence increased from 29% in the third quarter of 2022 to 34%.

Cautious investment habits

Several studies have been done to analyze the investment habits of men and women. Overall, what emerged is that women tend to be more cautious and avoid risky investments. Their strategy tends to be more stable and yield higher returns over the long term.

Although crypto is often perceived as risky due to its high volatility, it also offers many opportunities for passive income, with lower risk, making it a good starting point for beginners or risk takers. Staking is one example. It works in the same way as a savings account, allowing investors to place their money and receive a fee after a certain period of time.

Blockchain as the sector that claims the highest levels of gender diversity

While crypto is still a male-dominated sector, the number of women involved in blockchain has grown exponentially in recent years. From 3% in 2016, they now represent around 12% of the market.

A few women-centric organizations like Blockchain Ladies, founded by Caterina Ferrara, aim to help women get started in the crypto world by providing education and by building a strong community of crypto-curious women around the world.

Some notable female leaders are also making a difference in the sector. Gracy Chen, CEO of Bitget, was one of the first investors in BitKeep, Bitget’s sister company and Asia’s leading decentralized wallet, and is now helping Bitget achieve its goals of global expansion.

Bitget supports women’s management and provides equal opportunities, and counts over 40% of women on the board.

Gracie Chen commented:

“Although we have made such progress in terms of increasing gender diversity, women still face many challenges in their careers. There are exhaustive statistics on this matter. But the situation is changing and we cannot complain or ask for indulgences or special conditions. I believe that the blockchain industry is one of the sectors where gender, ethnic and age diversity has reached its highest levels.”