Financial services provider Robinhood stated that in comparison to the end of 2020, the percentage of female crypto purchasers has grown seven times.
Related: US State Georgia Purposes Teaching About Crypto at School
The number of women actively trading on Robinhood Crypto has already grown 7x this year! 🚀 We still have a lot of work to do, but we’re committed to building a product that’s equitable, accessible, and inclusive. Read more here: https://t.co/QzcDPsAH4T
— Robinhood (@RobinhoodApp) March 11, 2021
In the blog post issued on March 12, Robinhood said that although the majority of users are of the male gender, 40% of the platform's active women clients are cryptocurrency shoppers. The team finds this data optimistic and that crypto can be a revolutionary instrument in democratizing power in economics.
Robinhood was established in 2013 in California. It offers purchasing stocks, ETFs, and options through Robinhood Financial LLC. Robinhood Crypto was launched in 2018. The subsidiary is licensed by the New York State Department of Financial Services.
For now, the network empowers exchanging seven coins: BTC, Bitcoin Cash (BCH), Bitcoin SV (BSV), DOGE, ETH, Ethereum Classic, and Litecoin (LTC).
Trending: Salvadorans are against buying bitcoins at the expense of the budget
The platform has been attracting more and more users during the last few months. Particularly, there are 6 M, new users, since the start of 2021.