More women are investing into crypto entrepreneurship. In 2019, the number of female crypto entrepreneurs has increased by 48 percent with a majority investing in Bitcoin and reaching milestones in financial self-sufficiency.
Paxful, a global peer-to-peer bitcoin marketplace, continues to empower and lead women towards crypto- and bitcoin entrepreneurship. With global offices in New York, the Philippines, and Estonia, Paxful has diversified its workforce by recruiting over 37per cent of female employees.
The company is helping people become financially stable on their own terms, through either bitcoin trading or Paxful’s affiliate and peer programs.
However, is it really that easy for female crypto entrepreneurs to thrive in the field that has always been dominated by men?
Is bitcoin alone enough to push women towards diversifying their income streams and turn bitcoin trading into a side hustle or even a full-time job?
Here are 3 tips for success for any woman considering a career or start-up in bitcoin
Become a crypto technology expert; information is paramount when it comes to crypto technology. While bitcoin has gained momentum and acceptance in a number of developed countries, it faces numerous challenges in others. Position yourself as an expert on the subject. Share information on what bitcoin is and isn’t.
Harness your problem-solving skills; before embarking on a bitcoin journey, be ready to identify existing problems and generate solutions as you go, to sustain your business. Pinpoint the gaps in the industry and build your business around them by creatively using bitcoin to mitigate the problems.
Build a network of skilled crypto enthusiasts; surround yourself with like-minded individuals who can help you grow. Connect with fellow women in the space so you can trade, invest and create future partnerships together.
The Paxful Peer Program has been instrumental in helping female crypto enthusiasts succeed in the industry. With 5 female peers in South Africa and 6 in Kenya, the program has given women an opportunity to be their own boss, whilst managing various communities of entrepreneurs and helping them succeed in bitcoin trading.
“The aim of our international Peer Program is to help students, new graduates, freelancers, and all young entrepreneurial-minded people learn new skills, earn extra income, and extend their network. Through the program, we are creating ‘community leaders’ by giving these young individuals numerous tools and opportunities to become advocates of Paxful, bitcoin and peer-to-peer finance within their own local communities,” says Tugba Abadan, Head of Community and African market lead at Paxful.
To take it further, Paxful has also partnered up with various female-led initiatives and organizations dealing with bitcoin. Through such innovative partnerships, Paxful is hoping to inspire more women to join the crypto ecosystem and take control of their finances.
Women, especially those in Africa, are slowly proving to be a vital asset in the success of the crypto economy. In the years ahead, Paxful will continue supporting women and improving gender diversity through programs and partnerships, thus bringing more opportunities for financial inclusion in Africa and around the globe.