Gen Z Dominates Binance's Traditional Finance Segment
Generation Z is increasingly entering traditional financial markets through Binance's TradFi products. According to the company, nearly half of its TradFi product users are from this age group.
In fact, 30% of young investors started investing while still studying, and 77% have a formal financial education. This is a significant shift compared to previous generations, with only 15% of millennials starting their investment journey in university or early adulthood.
Binance also noted that more than 90% of its TradFi users live in developing countries, with 95% of Gen Z users coming from these regions as well. Despite the common perception of young investors being prone to speculative trading, only 5.9% of Gen Z's trading volume comes from leveraged ETFs, the lowest figure among all generations.