Recently, the popular online trading broker Robinhood has stated that a considerable portion of their investors is gradually being filled by women. Not only does this coincide with the recent International Women’s Day that just passed, but it is also a good sign that cryptocurrency and the democratization of finance can be used to the benefit of everyone, regardless of gender or preference.
Nearly seven times as many women invested in cryptocurrency in 2021 as compared to 2020
Robinhood had reported a specific increase of nearly seven times as many women investing in cryptocurrency in 2021 as compared to the end of last year. This is of extreme significance because the world of cryptocurrency and digital trading, in general, has often been viewed as being male-dominated. However, the ability to provide an income for yourself and your loved ones should not be restricted to your gender or preference. Furthermore, while it is true that women are still underrepresented in the world of cryptocurrency, the fact that almost 40% of Robinhood’s women customers are, in fact, crypto traders should not be understated.
Not only this, but this all coincided with the recent International Women’s Day that just passed a little while ago, and that has also opened a lot of people’s eyes towards what women are capable of when it comes to the world of digital trading. Needless to say, many were in support of the fact that cryptocurrency should not be limited to just men, but in fact, having women on board can actually lead to a more inclusive and diverse community which will hopefully be for the benefit of everyone involved.
Robinhood allows customers to pick their coin of preference
Robinhood currently offers its users the choice to trade utilizing seven coins. These include Bitcoin, ETH, Litecoin, Dogecoin, Bitcoin Cash, Ethereum Classic, and Bitcoin SV. This diversity of choice is a welcome one for many consumers as they can pick whatever option they are most comfortable and familiar with. As of the time of this writing, Robinhood has managed to earn over $5.5 billion and has plans of going public on Nasdaq sometime in the next few months.
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