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.”

Crypto ownership among consumers in the US Aug 2022-October 2022, by age and gender. Source: Statista

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.

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