Kraken challenges crypto winter with most job ads in US and UK

Rick Steves

While the crypto winter lingers and many crypto firms face challenges, research found that Kraken has posted over 600 new job ads in the United States in the last seven days, accounting for almost one in five of all new crypto job ads in America. 

A study conducted by  Crypto Jobs List also found that Jack Dorsey’s Block and Cash App were the best companies for crypto job seekers looking to enter the industry, with over 200 new positions advertised in the last week at associate level.

A spokesperson from Crypto Jobs List, commented: “Now is the perfect time for anyone with a genuine interest in working in crypto to apply for a job. The market downturn has meant that individuals who don’t plan to stick around for long are deterred, and only serious candidates that are interested in a long-term career are left to apply, and hiring managers recognize this. Kraken and Binance have shown that they plan to stay around for a long time by looking to grow their headcount during a bear market.”

Salaries range from $40,000 to $200,000+ in United States

In the United States, 3,103 new crypto job ads were posted on one popular internet job site over the last week, with almost two thirds (64.29%) of all positions advertised as remote, the research firm continued, adding that over the past month, 37% of all crypto job ads in the United States were uploaded in the past seven days.

As to job titles, software engineer makes up under one third (29.29%) of all crypto job ads in the United States, followed by frontend developer and product manager, with 112 and 94 new job ads, respectively. Salaries range from $40,000 to $200,000+.

Mid-senior level positions are the most in-demand, representing four in ten crypto job ads over the last seven days, followed by associate and entry level positions, respectively.

Crypto Jobs List further added that almost one in five crypto jobs ads in the United States (19.91%) was posted by Kraken, which has posted 618 new full-time job ads in the past week, all of which are remote. Kraken is hiring for roles in various departments including IT/engineering, administrative, human resources, marketing, advertising and public relations, legal, finance and sales.

Circle has the second highest number with 159 new full-time job ads, all remote, with experience levels ranging from Associate to Director. Marketing is the most sought-after job function, which accounts for almost two-fifths of all job ads posted in the last week by Circle. Other positions the company is looking to fill include Sales, IT, Finance, Management, Product Management and Project Management.

Jack Dorsey’s Square is third in the list, with 119 new job ads, mostly software and full stack engineers, Android and iOS developers, program managers and product managers.

As for the United Kingdom, 562 crypto job ads have been posted in the last seven days, with over four in ten (43.77%) being remote working positions. Almost three in ten job ads are for software engineers. Other in-demand roles for the United Kingdom include product managers, blockchain developers, marketing managers and recruiters.

In the UK, Kraken is responsible for 12.81% of crypto job ads posted over the last seven days. Kraken is looking to hire for a range of roles in the UK including software engineers, recruiters and managers. Binance comes second, with 32 new job ads in the UK over the last seven days.

India saw 183 crypto job ads were posted in the last seven days, with Marvell India, CoinDCX and Nium as top employers. Unlike the United States and United Kingdom, most positions are location-based, representing over half (56.83%) of the latest crypto job ads posted in India, with just over one quarter being fully remote.

  • Read this next


    Revolut enables direct transfers from Singapore to Bangladesh and Kenya

    British fintech firm Revolut has broadened its array of services with the introduction of the “Mobile Wallets” feature in Singapore, facilitating direct money transfers to Bangladesh and Kenya.

    Digital Assets

    SBF claims “zero loss” to FTX customers, 100-year sentence is “grotesque”

    Sam Bankman-Fried, the former FTX CEO who was found guilty of fraud charges last year, is facing his sentencing next month. But before that day arrives, he’s making a plea for what he considers a fair shake.

    Digital Assets

    Bitcoin nears $62,000, sparking retail buying frenzy

    Bitcoin dashed past the $61,000 barrier on Wednesday, a peak it hadn’t touched since the waning days of November 2021.

    Market News

    OPEC+ Extension of Oil Output Cut Causes Rally

    The dynamics surrounding crude oil are indeed fascinating, given its unique role as both a globally traded commodity and a vital energy source deeply influenced by the OPEC+ alliance’s decisions.

    Institutional FX

    DKK reports 226% growth in 2023 with eyes on African expansion

    “Our numbers are beginning to show how we are powering, the growth required by emerging markets, and we plan for the success of our strategies to continue to thrive in 2024.”

    Industry News

    ‘WTF’ as in ‘What The Fraud?’, Sumsub’s new podcast on digital fraud

    “We found a lack of informative podcasts talking about digital fraud threats and prevention for business owners. So, we decided to dive in and share our expertise along with industry top minds in the ‘What The Fraud?’ podcast.”

    Digital Assets

    Coin Metrics integrates market data from Cboe Digital

    “We are pleased to work with Coin Metrics and believe that having quality and timely data, and systems to analyze that data, will help crypto markets mature as well as evolve to become a core component of a diversified investment portfolio. We are focused on providing access and solutions to the spot and derivatives crypto market in a way which mirrors an investor’s experience with traditional markets.”


    AU10TIX launches KYB solution to address regulatory requirements

    “Our customers have been requesting a comprehensive KYB solution, because money laundering and fraud have become far too prevalent in the corporate world. Our unified KYB/KYC solution is essential for identifying bad actors and maintaining a safe business environment in 2024.”

    Digital Assets

    Japan Is Rapidly Emerging As A Global Leader In Compliant Crypto Payments

    Japan is often hailed as one of the most forward-thinking nations in the crypto industry, with its government taking a very positive stance on the potential of concepts such as Web3.