Average Salary of a Blockchain Developer in the UK

Average Salary of a Blockchain Developer in the UK

The demand for blockchain developers has surged in the UK in recent years. The UK is a major technological and financial hub, which has allowed the country to see significant growth in blockchain adoption. Blockchain developers are at the forefront of this growth and have become key players, to say the least.

The UK is one of the biggest hotspots for blockchain developers to look for great career opportunities. The average salary of a blockchain developer in the UK is £73,812 per annum, as per Talent. With many startups emerging and the tech industry embracing blockchain technology, the job opportunities are endless! If you are considering a career as a blockchain developer, understanding the average salary in the UK is crucial.

In this blog, we will discuss the average salary of a blockchain developer in the UK while taking a look at three different factors that affect the average salary of a professional.

Let’s take a look!

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Average Salary of Blockchain Developer in UK by Experience

The average salary of a blockchain developer in the United Kingdom is £73,812 per annum, as per Talent. Several factors affect the average salary of blockchain developers, one of which is experience. As a developer gains more experience, their salary bracket broadens and makes them eligible for better compensation packages.

Here is a breakdown of the average salary of a blockchain developer in the UK by experience. The salary data is taken from Talent UK.  

Entry Level Blockchain Developer

Blockchain Developers who are just starting out their careers or are signing up for internships are usually termed entry-level Blockchain Developers. Since they are only beginning their professional careers, with an experience of 0 – 1 year, their salaries are minimal and increase as they acquire more skills and experience. The annual salary of an entry-level blockchain developer in the UK is £55,000.

Mid-Level Blockchain Developer

Mid-level Blockchain Developers have 2 – 4 years of experience and adequate knowledge of the basics. These professionals typically work under the guidance of a senior but may also handle projects independently when needed. On average, a mid-level blockchain developer earns £65,000 per year.

Senior-Level Blockchain Developer

The senior-level Blockchain Developers have an experience of 5 – 7 years. They have sufficient theoretical and practical knowledge to lead teams and also work independently. They may also be involved in the HR tasks when active recruitment is taking place. Apart from performing the usual duties, senior Blockchain Developers act as the communication bridge between junior- and executive-level Blockchain Developers or stakeholders. The average salary of a senior-level blockchain developer in the UK is £73,000 per year.

Lead Blockchain Developer

The Lead Blockchain Developers have over 10 years of extensive experience. They demonstrate exceptional technical skills in multiple programming languages, such as Java, Solidity, Python, and C++. They are often involved in the optimization of web development technologies, like HTML, JavaScript, and CSS.

Expert-level Blockchain Developers mostly head projects and act as counselors or advisors when required. Due to their widespread experience, expert-level Blockchain Developers also develop solid problem-solving, creativity, and adaptability skills. They can efficiently review smart contracts, enhance functionality and security, supervise web services for Blockchain technology usage, integrate solidity into relevant programs, and ensure Blockchain integration for existing applications. The average salary of a lead blockchain developer is £90,000 per year.

Average Salary by Education:

In addition to experience, a Blockchain Developer’s salary is dependent on their education. Usually, high-paying salaries require higher academic qualifications. Different professionals with different educational achievements earn salaries accordingly.

Here is how much a Blockchain Developer’s salary is affected by their education:

  • Certificate or Diploma: A Blockchain Developer with a certificate or diploma earns an average salary of £46,300 per year.
  • Bachelor’s Degree: A Blockchain Developer with a Bachelor’s degree has an average salary of £69,400 per year.
  • Master’s Degree: Blockchain Developers with a Master’s degree as their highest qualification can earn up to £97,100 per year.

Average Salary of Blockchain Developer in UK by Location

Another essential determinant of a Blockchain Developer’s salary is location. Despite working in the same country, salaries can differ depending on cities or even towns since the cost of living, demand for the specific profession, and travel expenses are different for each.

Many factors pertaining to location are taken into consideration before the salary is finalized. Here is the average salary of Blockchain Developers according to different cities in the UK:

  • Manchester: £74,100 per year
  • Leicester: £74,000 per year
  • Liverpool: £73,800 per year
  • London: £73,100 per year
  • Leeds: £72,400 per year
  • Glasgow: £72,700 per year
  • Bristol: £71,400 per year
  • Edinburgh: £70,000 per year
  • Birmingham: £72,400 per year
  • Belfast: £71,100 per year

Final Takeaways!

Blockchain continues to be one of the most rapidly evolving industries around the world. There are multiple professions linked to it, one of the most popular being Blockchain Developer. They are currently in high demand and can negotiate fair employment benefits due to the services they offer. However, there are several factors that affect a Blockchain Developer’s salary, such as the role demand, location, experience, education, and skills. Before joining a position at any one place, consider each one and make a decision accordingly.

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