Women earn more in cryptocurrency than men - according to statistics from Australian researchers

Although it's now very common to hear a word like "crypto winter," Australians claim an average income of about $7,000 in crypto. From a new study by crypto exchange SwyftX, women earn more from crypto than men.

Even though crypto winter bites hard in the form of dumps, 72% of Australians who own cryptocurrencies reported an average profit of $7152. Some incredible results.

According to Swift, "spending on cryptocurrencies has increased by 10 points in the last 12 months: 53% of Australians who own cryptocurrencies reported using cryptocurrency to make purchases. The most popular site for buying goods with cryptocurrency is Amazon (via Purse.io) at 27%, followed by restaurants/hotels (23%) and gas stations (21%)."

Australian newcomers are more cryptocurrency-friendly

About one million Australians are projected to enter the cryptocurrency markets for the first time between 2022 and 2023. Millennials and members of the Zoomer generation are most likely to buy digital assets.

Despite this, more Australians than ever trust the move to cryptocurrencies. 53% of those surveyed said they have used digital assets to buy goods and services in Australia in the past year. That's a 10% increase over last year's survey.