11% of Men use Cryptocurrency, Compared to 4% of Women
Men are nearly three times more likely to use cryptocurrency: 11% of men used cryptocurrency in 2023 compared to 4% of women.
Usage also varied by income level. People with high incomes (family income of $100,000 or more) and low incomes ($25,000 or less) used cryptocurrencies more often than people in the middle-income brackets. Low-income Americans had the highest share of people using crypto for transactions (4%), while investing with crypto was most common among high-income Americans (8%).
Along racial and ethnic lines, 11% of Asian adults used cryptocurrency, compared to 9% of Hispanic adults, 8% of Black adults, and 6% of white adults.
Dataset
Category | Demographic | Investment | Transactions | Total |
---|---|---|---|---|
Gender | Male | 8 | 2 | 11 |
Gender | Female | 3 | 1 | 4 |
Income ($) | < | 25K | 4 | 4 |
Income ($) | 25K–49,999 | 4 | 1 | 5 |
Income ($) | 50K–99,999 | 5 | 1 | 6 |
Income ($) | 100K+ | 8 | 1 | 9 |
Age | 18–29 | 7 | 3 | 10 |
Age | 30–44 | 8 | 3 | 11 |
Age | 45–59 | 6 | 2 | 8 |
Age | 60+ | 2 | 2 | |
Race | White | 5 | 1 | 6 |
Race | Black | 5 | 3 | 8 |
Race | Hispanic | 7 | 3 | 9 |
Race | Asian | 9 | 2 | 11 |
Data sources
Less than 1% of 60+ adults use cryptocurrency for transactions. Race categories include Hispanic, which is an ethnic category.