According to a survey, 50% of women investing in cryptocurrencies aim to build long-term wealth

Women are showing an increasing interest in cryptocurrency investments, with the majority favoring long-term strategies and lower-risk assets like Bitcoin, despite reporting a lack of knowledge about the industry, according to a new Bitpanda survey shared exclusively with Cointelegraph.

According to the survey, 50% of female cryptocurrency investors prioritize long-term financial growth, with 49% holding digital assets for up to five years and 39% planning to keep them for more than five years.

Women also tend to prefer safer digital assets. Bitcoin remains the most popular investment choice, with 30% of respondents selecting it as their first digital asset investment, compared to 24% of men.

Over 54% of the 1,400 women surveyed made their first investments in Bitcoin, Ether, or XRP.

While the number of female cryptocurrency investors continues to grow, the lack of education remains the primary barrier to widespread adoption among women.

More than 81% of the women surveyed admitted to being inexperienced investors, with 24% citing a lack of investment knowledge as their biggest challenge, while 41% pointed to financial constraints, according to the Bitpanda survey.

However, Bitpanda users have shown consistent growth. Women who started investing in January 2024 have seen an average increase of 8.1% in their investments over the past year.

Chen highlighted that only 26% of cryptocurrency holders are women.

To close this gap, initiatives like Women in Ethereum Protocol (WiEP) emphasize the need for proper education, clear guidance, and structured support to encourage more women to enter the crypto space.