The surprising growth of cryptocurrencies has been a popular highlight among tech trends in recent times. People seeking a job in cryptocurrency would obviously want to capitalize on one of the most extensively growing industries of the modern world. The use of blockchain technology and the facility of decentralized finance in cryptocurrencies are a few reasons for attracting professionals interested in finance and technology.
Just like any other sector which grows at a pace similar to cryptocurrencies, the job prospects would also continue increasing. What do you need for crypto jobs of your choice? Which types of jobs can you expect in the domain of cryptocurrencies? Apparently, the growth in cryptocurrency and blockchain jobs has been significantly phenomenal, with a 118% increase from 2020 to 2021.
Do you want to build your career in crypto and pursue different routes to innovation? You can find a suitable response only through a comprehensive guide about the role available for crypto professionals. At the same time, you must learn about the essential skills required for jobs in crypto. The following post offers a detailed guide for finding cryptocurrency jobs and preparing for them with the right skills. In addition, you can also make the most of expert recommendations for finding a job in the field of cryptocurrencies.
Common Misconceptions about Jobs in Cryptocurrency
The whitepaper of the first cryptocurrency, Bitcoin, was launched in 2008. Almost 14 years later, the popularity of cryptocurrencies has skyrocketed beyond imagination, with over 9000 crypto coins and tokens in existence today. Many people wondering about questions like “Where can I find crypto jobs?” reflects on the interest in jobs in the crypto industry.
However, the growth of the industry also creates multiple misconceptions about pursuing jobs in the field of cryptocurrencies. On top of it, the volatile nature of crypto markets adds up to the burden of complicated perceptions about jobs in crypto. Candidates aspiring to become crypto professionals should resolve the general concerns about pursuing a cryptocurrency career. Some of the notable misconceptions about jobs in crypto include the following.
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Crypto Jobs are Limited
Some candidates believe that the only entries in a crypto jobs list are focused on blockchain developers. However, it is important to notice that you can explore multiple roles in cryptocurrency careers. Interestingly, you could find technical as well as non-technical jobs as cryptocurrency professionals with lucrative career development opportunities.
Job Locations are Expensive
Another common myth about a career in cryptocurrency would refer to job locations. Some of the popular cities for landing professional and entry-level cryptocurrency jobs include New York, London, Dubai, and Singapore. The cost of living in these cities is considerably higher and could be a deterrent for many aspiring professionals. On the contrary, it is also important to note that crypto companies offer the facility of remote work to ensure flexibility for crypto professionals.
Crypto Jobs Require Advanced Technical Expertise
The next myth about jobs in crypto focuses on the skills required to become crypto professionals. You must remember that you can explore various roles in crypto, which feature distinct sets of skill and knowledge requirements. For example, non-technical roles do not require advanced technical skills as long as you have a detailed understanding of cryptocurrencies.
Academic Qualifications Affect Salary
Many aspiring professionals worry about questions such as “Is crypto a good career?” owing to the concerns of academic qualifications required for jobs in crypto. On the contrary, crypto companies care very little about academic qualifications for professionals with the right set of skills. If you can help the employer achieve their desired objectives with cryptocurrencies in a specific role, you can land desired jobs. Subsequently, you can earn experience and make your way up to better salary estimates.
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Start with the Selection of a Crypto Job Roles/ Niches
The answers to common myths about jobs in crypto offer a viable foundation for pursuing jobs of your choice. However, the concerns regarding crypto jobs’ salary and job responsibilities can also play a vital role in determining the ideal job for you. Every candidate should identify their niche before seeking a job in the cryptocurrency industry. You would come across various qualifications, requirements, and distinct roles with each job title. Rather than diving into each job role separately, let us take a look at the common types of jobs you can expect in the crypto sector.
Crypto development or blockchain development is one of the foremost options for pursuing your career in cryptocurrency-based roles. Global demand for blockchain developers would increase radically by almost 300% to 500% every year. The average crypto developer salary could be around $123,750 for beginners.
On the other hand, the in-demand crypto job role also calls for a specialized set of skills.
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Another popular niche for a job in cryptocurrency refers to journalism for non-technical jobs. Crypto journalism has become one of the prominent job opportunities in the cryptocurrency sector, particularly for the continuously growing scale of interest in cryptocurrencies. Organizations seeking professionals in roles for crypto journalism would look for promising writing ability of talent along with promising knowledge of crypto. The combination of these skills can help you increase your chances of landing a job in crypto journalism.
Candidates interested in such crypto jobs could develop their knowledge of cryptocurrencies through professional training and certification courses. On the other hand, aspiring cryptocurrency journalists could also build their portfolios by publishing freelance articles. Interestingly, you can find over 3000 results on the job board LinkedIn for the ‘crypto journalist’ search query. Some of the promising job options you can try out in crypto journalism include research analysts, social media managers, technical writers, and assistant editors.
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Venture Capital Firms
One of the common assumptions about jobs in crypto points to the general classification of job roles into development and journalism niches. However, you can also explore answers to “Where can I find crypto jobs?” by expanding your scope. Venture capital firms are the driving forces behind the success of popular crypto startups operating worldwide. Interestingly, working for crypto venture capital firms is almost similar to working for a traditional venture capital firm. You would need a formidable base of skills and knowledge in entrepreneurship, economics, and financial modeling.
The crypto jobs salary estimate is significantly competitive as compared to other job roles in the world of crypto. Some of the entry-level roles you can pursue in crypto venture capital firms include research associate, investment analyst, junior portfolio analyst, and venture capital intern.
Crypto Mining Companies
The next popular niche for finding jobs in crypto points at crypto mining companies. Crypto mining companies offer a more practical career path with a higher focus on technologies underlying cryptocurrencies. Some of the entry-level cryptocurrency jobs in mining companies deal with the maintenance of mining rigs and data centers. Examples of jobs in crypto mining include electricians, mining process engineers, data center technicians, and junior marketing assistants.
The important skills emphasized for cryptocurrency jobs in mining companies revolve around engineering abilities and knowledge of electrical systems. On top of it, cryptocurrency mining companies also need administrative professionals and marketing personnel. Therefore, aspiring cryptocurrency professionals can capitalize on technical as well as non-technical career paths in crypto mining companies.
Apart from the jobs outlined in different niches, you can also seek other job listings in cryptocurrency. For example, some job roles such as web developer, machine learning engineer, data scientist, and security architect also account for top choices for aspiring professionals.
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What do You need to Get Jobs in Cryptocurrency?
The outline of the job roles you can pursue a career in crypto provides an effective impression of the variety of job roles in crypto. However, you should identify the essential skills you need to land your desired jobs in crypto. Here is an outline of the essential skills required for jobs in cryptocurrency.
One of the foremost skills which can support your claim for different roles in a crypto jobs list refers to Solidity development. Solidity is one of the most popular programming languages used for developing smart contracts, the foundation of modern crypto applications.
Developers can use Solidity to integrate innovative functionalities in crypto apps according to their desired use cases. Apart from supporting dApp development on the Ethereum blockchain, other blockchain networks, such as Binance Smart Chain, also utilize Solidity. Knowledge of Solidity is an essential requirement for avoiding cryptocurrency hacks alongside introducing improvements in crypto solutions.
The search for “Where can I find crypto jobs?” would also lead you to the requirement of skills for ensuring legal compliance. Cryptocurrencies are growing at a staggering pace, albeit with the requirement for following regulatory obligations. For example, cryptocurrency companies like exchanges have to follow the legal structure followed for digital assets in different regions. Therefore, it is important to understand that the scope of compliance does not emphasize legal professionals only. Cryptocurrency professionals must also have knowledge regarding the implications of legal compliance for crypto apps and companies.
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Sales, Marketing, and Community Management
The emphasis on skills for sales, marketing, and community management for crypto jobs is also another highlight for aspiring professionals. You need to understand that cryptocurrencies and related solutions, such as exchanges or wallets, are products you need to sell to the target audience. At the same time, cryptocurrencies also lead to the development of communities around them.
Therefore, crypto professionals must have fundamental skills in sales and marketing, particularly with a focus on social media marketing. Crypto professionals must have in-depth fluency in community management on different channels such as YouTube, Twitter, and Discord. Professionals should also have the capability to develop customer personas to facilitate effective interactions with them.
The general technical skills required for a career in crypto would offer a viable impression of how to strengthen your career prospects. Apart from a comprehensive understanding of blockchain and smart contract coding with Solidity, you must emphasize other mandatory technical skills. Some of the critical technical skills required for cryptocurrency jobs include data analysis and UI/UX development. At the same time, you could not ignore the implications of security and cryptography for crypto job roles.
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The outline of essential skills you need to land lucrative crypto jobs salary estimates would also focus on soft skills. Interestingly, soft skills are equally significant for technical roles as well as non-technical roles in the domain of cryptocurrencies. One of the essential soft skills required for jobs in crypto refers to communication.
You should have the capability to communicate the meaning of crypto and different stages in crypto projects to various individuals. Candidates with the ability to explain cryptocurrencies and their practical implications in a simple and easily understandable manner are considered vital assets.
The outline of soft skills required in advanced as well as entry-level cryptocurrency jobs also includes collaboration and creativity. Collaboration could help in working with different team members on crypto projects to achieve shared goals. On top of it, creativity is an essential requirement for crypto professionals as it helps in churning out new ideas effortlessly. At the same time, creativity is a vital requirement for solving new and emerging problems which challenge cryptocurrency projects.
Finally, the most critical soft skill requirement for jobs in cryptocurrency refers to the emphasis on continuous learning. Cryptocurrencies continue to develop at a rapid pace, and professionals in this field need to stay updated with the latest changes and trends. A positive attitude towards continuous learning, irrespective of the level of expertise, can serve as promising support for career development in the long run.
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Best Practices for Finding Cryptocurrency Jobs
The appealing crypto developer salary estimates can encourage you to pursue jobs in crypto. However, you must follow a specific path to ensure the best chances of landing your desired jobs.
- Develop your knowledge of the fundamentals of blockchain and cryptocurrencies.
- Dive deeper into the technical foundation underlying cryptocurrencies and related concepts.
- Enroll in professional training courses to develop skills required by employers in crypto professionals.
- Seek blockchain and cryptocurrency certifications to prove your skills in technical aspects related to cryptocurrencies.
- Build an appealing, professional portfolio with experience in hands-on projects and expand your professional network.
- Establish your identity as an expert on cryptocurrencies by publishing blogs or articles and answering questions from community members.
The detailed guide to finding jobs in crypto provides valid answers to “Is crypto a good career?” with an outline of diverse job roles in cryptocurrencies. Interestingly, you have technical as well as non-technical job roles in the domain of cryptocurrencies. Aspiring professionals can build their credibility for different cryptocurrency job roles by earning the necessary skills.
At the same time, it is also important to seek professional learning resources to specialize in different concepts about cryptocurrencies. While you learn the technical skills for a crypto job, make sure that you work on developing the necessary soft skills. Explore the best platform for learning more about cryptocurrencies and become a certified cryptocurrency expert now.
*Disclaimer: The article should not be taken as, and is not intended to provide any investment advice. Claims made in this article do not constitute investment advice and should not be taken as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this article. Do your own research!