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Cryptocurrency analysts name the country where women benefit more from cryptocurrency than men

11:37 am, September 26, 2022

According to a survey conducted by the Swyftx crypto exchange, Australian women benefit more from investing in digital assets than men.

As it has become known, Australian women who own cryptocurrencies have received an average of $ 7314 in profit over 12 months. This is less than the amount of money that Australian men managed to get — about $ 7089 each. As for the general trend in Australia, in 2022, investors became more favorable to cryptocurrencies and began to invest more actively in digital assets.

According to the Swyftx exchange, Australians' spending on cryptocurrencies has increased by 10% over the past 12 months. Interestingly, 53% of Australians who own digital assets reported that they have used their cryptocurrencies to make online purchases. The most popular website for buying goods with cryptocurrency in Australia is Amazon.

«Technically, Australians can spend their cryptocurrencies almost anywhere as long as they have a Mastercard or Visa payment card from a digital asset provider. We believe that the introduction of cryptocurrency payment cards is the reason for the significant increase in the number of Australians using cryptocurrency for purchases,» said a representative of the Swyftx cryptocurrency exchange.

As a reminder, it was an Australian woman who accidentally received $ 10 million from the cryptocurrency exchange Crypto.com and refused to return it. The woman did not publicize the mistake of the platform’s technical service and spent the money. Despite the court’s order to return the funds to the cryptocurrency exchange, the woman did not do so. After receiving the «gift,» she purchased a $ 1.35 million mansion for herself and bought her daughter a $ 430,000 apartment. The woman divided the rest of the Crypto.com funds into different accounts, investing some of them in cryptocurrencies, stocks, and precious metals.

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