Cryptocurrency ownership among users of India's CoinDCX 2020-2021, by gender

Between December 2020 and March 2021, the number of women in India that invests in Bitcoin or other cryptocurrencies increased dramatically. The source - said to be India's largest cryptocurrency exchange - mentions a 300 percent increase in this time frame. This makes around one on out five customers female, with the majority of them belonging to an age group between 18 and 34 years old. In terms of specifying how many users this entails exactly is difficult to establish: In 2018, the Reserve Bank of Bank banned banks from working with cryptocurrency exchanges, a ban that was overruled in 2020 but might return in 2021 with the Indian government reported to introduce legislation to prohibit cryptocurrency mining, trading or holding them as personal assets.