According to a report by Indeed, cryptocurrency job postings increased by 118% as of July 2021, compared with the previous year, and LinkedIn reported a 395% spike in postings with titles containing terms like “bitcoin,” “ethereum,” “blockchain” and “cryptocurrency” from 2020 to 2021.
Cryptocurrencies like Bitcoin, Dogecoin, and Ethereum, among others, are worldwide digital currencies in the form of virtual and physical coins that can be traded round-the-clock, as the market is open 24-7. They are secured by cryptography and don’t rely on banks – users store their crypto coins in digital wallets – paving way for multiple new job positions.
While most job openings in the world of crypto require extensive knowledge of the digital space, some positions only ask for basic understanding and love for the industry.
For example, a recruiter can earn up to $64,000 per year with tasks including interview training, employer branding, search strategies, and building relationships with hiring managers.
Cryptocurrency compliance associate
With cryptocurrencies trending alongside the stock market as of late, and federal regulations changing, compliance associates, which earn over $82,000 annually, are needed more than ever before.
These positions typically demand a few years of compliance experience, an understanding of anti-money laundering (AML) and sanctions regulations, plus knowledge of transaction monitoring, sanctions screening or client onboarding.
Blockchain engineers earn nearly $93,000 a year and their job is to support and maintain blockchain-based applications or networks like document sharing, cryptocurrency exchanges, and payment processing.