Women in 50s emerge as high-net-worth crypto investors

Crypto exchange Bithumb's lounge in southern Seoul (Yonhap)
Crypto exchange Bithumb’s lounge in southern Seoul (Yonhap)

Male investors in their 30s and 40s account for nearly 40 percent of cryptocurrency investors here, recent data pooled by a local lawmaker showed Sunday. But female investors in their 50s also account for a significant share of high-net-worth individuals in the crypto market.

According to data provided by Rep. Cha Gyu-geun of the Rebuilding Korea Party, 15.16 million investors whose age and gender could be verified were registered on five major crypto exchanges here — Upbit, Bithumb, Coinone, Korbit and Gopax. The figure includes an overlap of investors who are registered on multiple exchanges.

Some 9.82 million investors were registered on Upbit, followed by 3.2…

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