Women in Crypto: On a median pay level, women in the crypto industry make about 15% more than men. A recent poll by Pantera Research Lab found that full-time working women in the US crypto sector earn a median yearly pay of $172,000, which is more than the median salary of men, who made $150,000. This finding starkly contrasts the gender pay discrepancy that has long been recognized in many other industries.
Women in Crypto Have More Experience
Women have an average of 5.3 years of experience within crypto organizations, while males have only 4.5 years. This longer tenure may be why women earn more money in the crypto industry. In addition, women make up a bigger percentage of the crypto industry’s upper echelons, while men make up the bulk of its entry-level workers.
In American enterprises that do not deal in cryptocurrency, women typically earn eighty-four cents for every dollar men earn. Based on the median base salary, women in the cryptocurrency industry receive $1.15 for every dollar men earn, which is a 15% wage gap. On July 31, 2024, Pantera Capital tweeted. Pantera researchers noted a lack of female participation in high leadership roles as evidence that women still face obstacles and challenges in the business, notwithstanding these good advances.
According to a survey by Forex Suggest, just three out of fifty top crypto CEOs in 2023 were women. This highlights the continued importance of promoting gender diversity and inclusion in the crypto industry.
Pantera researchers Matt Stephenson, Ally Zach, and Nick Zurck stated, “Our analysis finds that gender wage differentials among crypto employees are the reverse of what is normally observed.” A more equitable representation of women in the cryptocurrency industry is becoming more apparent, according to the study’s findings.
In non-crypto enterprises, women usually earn $0.84 for every $1 that males earn, a glaring contrast to the crypto salary disparity. “A progressive trend in this relatively new field is the relatively fair wages in crypto, which suggest a move toward greater gender equity.” Using a variety of professional networks and communication channels, Pantera collected detailed data from 502 full-time US employees between June 4, 2024, and July 20, 2024.
Fed Survey Finds Decline In US Crypto Ownership And Usage
According to the most recent annual household survey carried out by the Federal Reserve, the percentage of American people who reported owning or utilizing cryptocurrencies decreased significantly. Almost 18 million adults in the United States reported using cryptocurrency in 2023, a reduction compared to past years.
Only one percent of people who claimed to have used cryptocurrencies reported having transferred or received money, a fifty percent decrease from the previous year. Seven percent of those who participated in the survey mentioned cryptocurrencies as an alternative investment opportunity.
Generation Z members between the ages of 18 and 29 were the most active users of cryptocurrencies, followed by millennials between the ages of 30 and 44. The classification of users determined this according to age group. Additionally, usage of cryptocurrencies was three times higher among males than females.
