By Hassan Mehmood (Saudi Arabia)
Cryptocurrency trading is an emerging industry among investors and traders. People are making profits by getting involved in blockchain daily. But this field still has women as a minority. Women are steadily launching careers in trading cryptocurrencies, but the latest data still shows men as a majority in this area. A media company held a discussion panel with some of the renowned women in this field of cryptocurrency. This discussion aimed to focus on the key points of how the majority of women can be encouraged to enter the crypto market.
The managing editor of the media company began the discussion by asking how women can be attracted to investing and trading in cryptocurrencies. Olivia Capozzalo, head of content at OKEx, claimed that most of the customer profiles in the cryptocurrency exchanges are males. She stressed that women take crucial financial decisions in most families. In the United States, the families in which women are managing wealth is around 80%. Blockchain advisor Pylarinou said that the reason behind the scarcity of working women in the crypto market is related to participation. However, the fintech advisor hopes that women will play a major role in designing and creating blockchain platforms in the future.
Education, Mentorship, and Inclusivity
Annino Emuwa, the founder of Avandis Consulting, emphasized the importance of cryptocurrency awareness and education. She further said that the young generation should be exposed to these topics and fields early on. Educational content related to cryptocurrencies is crucial for people as it brings new people into the field, eventually beneficial for the industry as well.
Chief Technology Officer of Cointelegraph Elissa Shevinsky stated that getting women to keep on working in the crypto market is harder than getting them interested in the field. According to a CoinMarketCap report, in the first three months of 2020, the number of women in this field increased by 43%, which shows that influencing women to enter the crypto market is no longer a problem.
VIP relations manager at Nexo bank, Teodora Atanasova, claimed that many women in her firm are leaders who influence all female members to prosper and grow in the environment. Atanasova explained that it is important that men mentor guide women in the department of cryptocurrency. Sanja Kon, CEO at Utrust, emphasized that women should believe in themselves as it gives confidence while moving forward.
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