Brazilian Women's Crypto Participation Skyrockets Despite Low Trading Volume

The participation rate of Brazilian women in cryptocurrency trading has increased significantly over the past few years. According to a report by the Brazilian Federal Revenue (RFB), the proportion of female participants in cryptocurrency trading in Brazil rose from 11.34% in 2019 to 29.96% in December 2025, and reached as high as 40.95% in January 2024.

However, despite this increase in participation rate, the proportion of trading volume by female investors remained steady at 12.88% in 2025, similar to 2019. This indicates that while more women are entering the cryptocurrency market, they still account for a relatively small percentage of overall trading activity.

Brazil has taken steps to increase transparency and regulation in the cryptocurrency space with the launch of the DeCripto system for cryptocurrency asset declarations. Starting from July 1, 2026, mandatory monthly declarations will be enforced, which may help to further bridge the gap between participation rate and trading volume.