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27% of US Female Crypto Investors Spend Profits on Children’s Education: Report
Cryptocurrency exchange Bitget has disclosed that 27% of female investors in the United States invest in crypto to cover their children’s education expenses.
Meanwhile, the survey findings further reveal that approximately 19% of Chinese investors have dedicated a minimum of $100,000 to cryptocurrency investments.
Female Crypto Investors Outpace Males in Strategic Planning
In a recent report, it was highlighted education continues to be a primary objective for female investors in the US. However, female investors in South Korea and Japan are using crypto to enhance their “personal financial situations.”
“Notably, 49% of female users in South Korea and 41% in Japan invest with this goal in mind, whereas the percentages drop to 45% and 30% for males respectively.”
Furthermore, a rising number of female investors in South Korea and Japan reportedly hope that crypto will lead to better living situations. On the other hand, 17% of South Korean male investors were dabbling crypto to improve family finances.
The report underscores that almost 40% of Chinese investors hold a significant minimum amount in crypto.
Among Chinese investors, 19% have placed a minimum of $100,000 into the crypto market, while another 18% have invested at least $50,000.
However, users in Malaysia and Taiwan perceive crypto investments as a vital means of supporting their family’s income. The reported noted 36% of respondents from these regions prioritizing their family’s quality of life above other financial objectives.
The relationship between gender and crypto has been a subject of ongoing exploration and discussion for some time now.
In April 2022, BeInCrypto’s report indicated that female cryptocurrency adoption was surpassing that of their male counterparts.
Over the 12-month period, female involvement in crypto surged by 172%, whereas it only increased by 80% for men.
