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