Crypto Job Listings Surge Amid The 2024 Bull Run
- cryptojobs.com
- April 19, 2024
- All Posts, News
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The crypto industry is experiencing a bull run, resulting in an increased number of job openings in the web3 space. The job market has witnessed a much-needed boost, thanks to the growing confidence of the top crypto players in the current market condition. The number of crypto job openings reached an annual high in March and the pattern continues as the bull run progresses.
New Job Opportunities
As the crypto job market gains momentum in 2024, the career prospects for talented professionals continue to grow. Companies across the crypto industry are planning to build and strengthen their teams for what is expected to be an extended bull run. It provides an excellent opportunity for job seekers to enhance their skillset and find new jobs that match their experience.
Crypto Exchanges Among Top Recruiters
Not surprisingly, several known crypto exchanges are also among the most active hiring companies currently. Anticipating positive market conditions, some of these companies had already opened many positions several months ago, while others have just amped up their efforts to build their teams for the future. The prominent players in this list include Coinbase, Binance, KuCoin, Kraken, and Gemini.
As per recent research by Cointelegraph, it was confirmed that these five key players have recently created over 1,000 crypto job openings. The stats it published are as follows:
- Binance is hiring for over 350 vacant positions. 50 of these positions are entry-level roles for fresh graduates or people looking for an entry point into the industry.
- KuCoin currently has 300 advertised job vacancies.
- Coinbase, which had only 70 openings in December 2023, is now looking to hire for 200 roles.
- Kraken is seeking to fill 100 positions.
- Gemini is also seeking talented crypto professionals for 50 openings.
Increase in Average Salary
Another impact of the bull run on the crypto job market is improved average salary. Since the start of the 2024 bull run, the average salaries offered for crypto jobs have steadily increased. Take the engineering role as an example. This position’s yearly average salary was $137,000 and $135,000, respectively, in 2022 and 2023. This year, however, companies are hiring engineers for $168,000 on average.
Top Hiring Locations
The hiring trend in the crypto job market also varies from one location to another. The United States has emerged as the top recruiter for crypto professionals in the recent past. It is followed by Singapore in the second position and the United Kingdom as the third top hiring location for crypto workers.
Roles in Demand
The job market is going through a transition where both technical and non-technical roles are becoming equally relevant. There are some key roles for which top companies have opened vacant positions in order to attract the attention of top talent across the globe. Several known companies are also hiring for even senior roles remotely, which underscores the growing acceptance of remote jobs in the crypto industry.
Here are some of the current trending job roles:
- Blockchain Developer
- Smart Contract Developer
- Product Managers
- Community Manager
- Risk Officers
- Security Lead
- Senior Software Engineer
- Digital Marketing Manager
- AI Engineer
- Manager Business Operations
It is the right time for crypto enthusiasts to apply for Web3 jobs and join the industry that is growing at a rapid pace. cryptojobs.com is the leading web3 job portal that helps talented professionals build a rewarding career in the crypto industry.
