common-close-0
BYDFi
Trade wherever you are!

What are the demographics of Robinhood's monthly active users in the cryptocurrency space?

avatarEda AkalpDec 25, 2021 · 3 years ago3 answers

Can you provide some insights into the demographics of the monthly active users on Robinhood who are involved in the cryptocurrency space? I'm particularly interested in understanding their age range, gender distribution, and geographical locations.

What are the demographics of Robinhood's monthly active users in the cryptocurrency space?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The demographics of Robinhood's monthly active users in the cryptocurrency space vary widely. The age range of these users typically falls between 18 and 35, with a majority being in their early to mid-20s. In terms of gender distribution, it's fairly balanced, with slightly more male users than female users. Geographically, the users are spread across the United States, with a significant concentration in major cities like New York, San Francisco, and Los Angeles.
  • avatarDec 25, 2021 · 3 years ago
    The monthly active users on Robinhood who are involved in the cryptocurrency space come from diverse backgrounds. They span various age groups, ranging from young adults in their early 20s to middle-aged individuals in their 40s. In terms of gender, there is a slight male dominance, but the platform attracts a significant number of female users as well. Geographically, these users are spread across different states in the US, with a notable presence in tech hubs like California and New York.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the cryptocurrency space, I can tell you that the demographics of Robinhood's monthly active users in this field are quite interesting. While there is a significant number of young users in their 20s and 30s, there is also a growing trend of older individuals, including professionals and retirees, exploring cryptocurrencies on the platform. In terms of gender distribution, it's relatively balanced, with a slight male majority. Geographically, the users are spread across the United States, with a concentration in states like California, New York, and Texas. Overall, Robinhood's user base in the cryptocurrency space is diverse and expanding.