The Indian crypto industry finds women investors are gradually portraying a desire to become a part of this volatile market. If we go through the data of investors or traders in crypto, we notice it’s a highly male-dominated sector. Well, it seems the scenario is changing, and women are finding a space in different arenas of digital currencies and web3 innovative projects. Data collected from crypto exchanges in India indicates an almost 20 per cent rise in women investors (at the time of writing), and the figure is expected to grow in the future.
Indian crypto industry shows a bright sign despite market dip
The cryptocurrency market is currently experiencing a plunge, a common phenomenon as it’s a highly volatile market. Indian crypto industry faced a topsy-turvy situation, partly because the government imposed specific restrictive policies on crypto trading. However, despite dipping volumes of crypto trading, women taking a leap of faith in this uncertain market is definitely a bright sign.
Among several women entrepreneurs, Nisha Mutneja created a metaverse education space, talentedHippo, whereby she teaches kids. Her interest grew when Nisha first heard about crypto in 2019 and began with small investments. Today she invests almost 25% of her total income in crypto.
While sharing a glimpse of her journey, Nisha told a local daily that she conducts thorough research and makes an informed decision before investing in any digital currency. Like Nisha, many women in India have started treating crypto as a profitable space.
Indian crypto industry and rising women participation
You must be wondering the possible reason driving this significant change; there are several reasons encouraging women to join this ever-growing industry. One of the principle reasons is excessive exposure of blockchain and web3 technology to the general masses which is helping people realize how web3 platforms can help them grow finances.
Earlier, women treated gold as a safe investment asset; however, growing possibilities in the metaverse, NFTs, and other web3 spaces are factors driving women towards crypto. We hope more women utilize this booming digital asset and fulfil their financial goals.