A recent survey by Pantera Research Lab reveals that women in the U.S. crypto industry are earning nearly 15% more than their male counterparts. The median annual salary for full-time women in the crypto sector is $172,000, significantly higher than the median salary of $150,000 for men.
This finding marks a notable deviation from the gender wage gap prevalent in many other fields. One reason for this salary disparity could be women’s higher average experience in the crypto industry. Women in crypto average 5.3 years of experience compared to 4.5 years for men. Moreover, women are more commonly found in mid-level to senior positions, whereas a larger share of men hold entry-level roles as they enter the sector.
CoinDesk featured our 2024 Compensation Survey and one key finding was: Women in Crypto Earn 15% More Than Men! 
— Pantera Capital (@PanteraCapital) July 31, 2024
Despite these encouraging trends, Pantera researchers acknowledge that challenges for women remain. The survey highlights a lack of female representation in top leadership roles, with only three out of the 50 leading crypto CEOs in 2023 being women. This underscores the ongoing need for increased gender diversity and inclusion within the crypto industry.
Pantera researchers Matt Stephenson, Ally Zach, and Nick Zurck noted, “Our analysis shows that gender wage differentials in the crypto sector are the opposite of those seen in most other industries.” This trend indicates a move towards greater gender equity in the relatively young field of cryptocurrency.
In contrast, women in non-crypto sectors typically earn $0.84 for every dollar earned by men, illustrating the wider gender wage gap prevalent across industries.
Pantera’s study, which surveyed 502 full-time U.S. employees between June 4 and July 20, 2024, through various professional networks and channels, reflects a progressive shift towards more equitable pay in the crypto space.
Fed Survey Shows Decline in U.S. Crypto Ownership and Usage
The Federal Reserve’s latest annual household survey indicates a significant decline in cryptocurrency ownership and usage among U.S. adults. The survey found that around 18 million adults reported using cryptocurrencies in 2023, a decrease from previous years.
Of those using crypto, only 1% reported using it for financial transactions or money transfers, marking a 50% drop from the previous year. Conversely, 7% of respondents reported buying or holding cryptocurrencies as an investment.
Millennials (aged 30 to 44) remain the largest demographic of crypto users, followed by Generation Z adults (aged 18 to 29). Men are three times more likely than women to use cryptocurrencies.
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