Coindcx: 65% of women users on CoinDCX hail from Tier-II cities

Synopsis

Barring the above-mentioned names, the majority of new women investors are from cities like Mumbai, Bengaluru and Pune, said the CoinDCX report.

New Delhi: Crypto exchange CoinDCX, on the occasion of International Women’s Day, shared that the exchange has only 15 per cent female users, compared with 85 per cent male users, with much room for growth for the former.

Further, 35 per cent of the women user base comes from Tier I cities, whereas the remaining 65 per cent hails from Tier II, Tier III and other smaller towns.

Among metro cities, Delhi, Hyderabad, Kolkata lead the charts in terms of numbers of female investors, whereas Jaipur, Patna and Lucknow have the highest concentration in non-metro cities.
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Barring the above-mentioned names, the majority of new women investors are from cities like Mumbai, Bengaluru and Pune, said the CoinDCX report.

According to Chainalysis’ Global Crypto Adoption Index 2021, India is ranked second among the 154 countries in terms of crypto adoption in the world.

More than 70 per cent of the women investors are below 35 years of age, with more than 22 per cent between 25-34 years.

The majority of women investors are either working professionals or just college graduates. Financial Services such as banking and investments contribute the most number of women users, followed by education and software professionals, the study showed. Presented By

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Updated: 03/08/2022 — 19:00