Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Indian Women Investing Twice As Much On Bitcoin Than Men

Indian Women Investing Twice As Much On Bitcoin Than Men

Kate Leaman by Kate Leaman
Jun 29, 2018
in Bitcoin News, News
Reading Time: 2 mins read
0

Indian Women Investing into bitcoinThe cryptocurrency boom across the world can be credited mainly to the increase Bitcoin (BTH) value. Indian women have been very eager to invest in bitcoin.

Recent surveys of the Indian market show that the women of India are less risk-averse than men when it comes to investing in digital currencies.

According to data from a survey done by BuyUcoin, an Indian cryptocurrency exchange, Indian women usually invest the equivalent of $2,000 in a variety of cryptocurrencies. This is double the amount that men invest.

In a statement, Shivam Thakral, BuyUcoin's CEO said

Usually, woman investors who are buying or trading are over 40 years of age. Therefore, typically these mature investors are able to put in more money. On the other hand, more men start investing at an early age with the average age for this investor group being 30

However, despite the higher average that Indian women invest, there are still more men putting their money into bitcoin. According to the survey, female investors did not account for 10 percent of the investing population. The survey showed that the highest amount of investment came from the nation’s capital Delhi with 8.8 percent of the total investment. There were some regions where men accounted for more than 90 percent in bitcoin investment.

Majority Of Bitcoin Investment From Cities

The Indian regions that have contributed the most to bitcoin investments are those that are in the majorly developed areas. This includes Mumbai, Hyderabad, Chennai, Ahmedabad, New Delhi, Bengaluru, Pune, and Kolkata. All of these have a population of highly-educated professionals, who are exactly the sort of demographic that bitcoin works well with. This is why 75% of bitcoin investments come from these areas.

Bitcoin investment from rural and less-developed areas also sees a contribution but only makes up 25% of the total cryptocurrency market investment. The cryptocurrency market in India has witnessed a decline in recent months mainly due to the crackdown of the Reserve Bank of India (RBI). The central bank directed all of the major banks in the country to stop processing transactions that have ties to the cryptocurrency industry. This has seriously impacted India’s digital currency industry and has caused a negative impact on trading.

The proportion of active traders has dropped after the RBI order and the Delhi region now has only 22.09 percent of active traders left. Kolkata was the worst of the lot and now has just three percent left.

The slowdown has not dimmed the optimism of bitcoin exchanges. The department of economic affairs has announced that they are making plans for cryptocurrency regulation, which should open the way for legitimate trades. Additionally, they hope to mount a legal challenge against the ban, which should be up for a hearing on July 3.

Previous Post

Coinmama Announces FIFA World Cup Themed Raffle For 1 BTC

Next Post

EOS Network Is Turning Out To Be The Most Centralized Project

Related Posts

chainbase

Chainbase Launches Token C to Power Decentralized Data Access

by Kelly Cromley
Jul 14, 2025
0

Chainbase, the entity behind the Hyperdata Network, has formally introduced its native token, known as C, in a move that...

artgis partners with hashepoch

ArtGis and HashEpoch Unite to Revolutionize Web3 Sports Finance

by Kelly Cromley
Jul 14, 2025
0

ArtGis Finance and HashEpoch have entered into a strategic collaboration, signaling a significant step forward in the integration of digital...

Binance Offers $250,000 For Information Leading To Arrest Of Hackers

Binance Launches Sharia-Compliant Crypto Staking Service

by Kelly Cromley
Jul 14, 2025
0

Binance has unveiled a new investment solution tailored to meet the principles of Islamic finance, aiming to serve a growing...

AEON

AEON Pay Expands into Nigeria with Seamless Crypto Payments

by Kelly Cromley
Jul 14, 2025
0

AEON, a Web3-focused cryptocurrency payment infrastructure, has officially extended its mobile payment service, AEON Pay, into the Nigerian market. This...

filecoin partners with theoriq

Filecoin Teams Up with Theoriq to Boost Web3 AI Agents

by Kelly Cromley
Jul 14, 2025
0

A new collaboration between Filecoin and Theoriq is set to reshape how users interact with Web3 infrastructure. Filecoin, recognized for...

Caffeine AI

Caffeine Empowers Web3 App Creation Through Natural Language

by Kelly Cromley
Jul 14, 2025
0

Caffeine, an innovative platform built on the Internet Computer (ICP) blockchain, is reshaping the landscape of decentralized application (dApp) development...

Next Post
EOS Network Is Turning Out To Be The Most Centralized Project

EOS Network Is Turning Out To Be The Most Centralized Project

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025

Recent News

chainbase
Market News

Chainbase Launches Token C to Power Decentralized Data Access

by Kelly Cromley
Jul 14, 2025
artgis partners with hashepoch
Market News

ArtGis and HashEpoch Unite to Revolutionize Web3 Sports Finance

by Kelly Cromley
Jul 14, 2025
Binance Offers $250,000 For Information Leading To Arrest Of Hackers
Market News

Binance Launches Sharia-Compliant Crypto Staking Service

by Kelly Cromley
Jul 14, 2025
AEON
Market News

AEON Pay Expands into Nigeria with Seamless Crypto Payments

by Kelly Cromley
Jul 14, 2025
filecoin partners with theoriq
Market News

Filecoin Teams Up with Theoriq to Boost Web3 AI Agents

by Kelly Cromley
Jul 14, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree