The global cryptocurrency space is reportedly one of the fastest growing sectors worldwide, gaining increasing popularity among young investors, businesspeople, and celebrities alike. Despite the current trend, more jobs and careers are popping up, and individuals who are more familiar with the cryptocurrency industry have a better chance of gearing up their career paths in the industry.
Setting Out On A Career In The Cryptocurrency Sector
Starting a job in the cryptocurrency business can be somewhat intimidating for people with little understanding of the industry. So to become a resourceful person, you need to start from somewhere. These steps can help you be well situated.
- Evaluate your skills
Look within yourself and analyze the skills you possess, as this will help you determine which areas of the crypto sector you could use them in. For instance, those with writing experience may work as technical writers, and those skilled in programming or software could work as blockchain developers. - Learn about Cryptography
Cryptography is the foundation of cryptocurrencies, and knowledge of it is necessary for all crypto professionals. Having a clear idea of basic cryptography can help you create secure and effective systems. - Familiarize yourself with cryptocurrency
It is best to understand the digital currency ecosystem, currency values, structure, and history. Perhaps look into taking online courses (on a site such as https://www.coursera.org) in the area of crypto you wish to pursue. - Network
Connect with those already employed in the sector so they might potentially be your mentors or sources of employment. You could also use professional networking sites such as LinkedIn to build your profile in line with the crypto field. - Update your Resume
Update your CV or resume to reflect your most recent qualifications, emphasizing your accomplishments and practical skills relating to the crypto industry.
Jobs in the Crypto Industry
After getting acquainted with the crypto industry, we now assume that you are prepared to enter the job market. Although the highest-paying positions are technical, there are also non-technical jobs. The following is a list of examples ranked from the easiest (least pay) to the most complex (highest pay).
Technical Writer
These create content on complex subjects using brochures, manuals, journal articles, technical documentation, and other supporting materials to convey information in a clear and understandable way. They also conduct research and collaborate with technical experts to guarantee clarity and accuracy of the information.
Average Salary: $58k per year
Crypto Marketing
You can also look at various exciting employment options in cryptocurrency marketing. Professionals in cryptocurrency marketing develop and carry out strategies to market a good or service and raise brand awareness. Influencer marketing for cryptocurrencies is also a fantastic way to start dialogues.
Average Salary: $63k per year
Financial Manager
Financial managers assess the performance of cryptocurrencies on financial markets before advising clients on where to invest their money.
Average Salary: $65k per year
Data Analyst
Data Analysts or scientists analyze a lot of payment data and turn it into results and information that are simple to understand. Additionally, they offer suggestions to software engineers on how to enhance user experience.
Average Salary: $67k per year
Risk Analyst
Risk analysts examine the potential risks in a crypto division. They identify risk trends, managing security and privacy risks. They also concentrate on market risk, operational risk, liquidity risk, client exposure to the risk, manipulative or disruptive trading methods, and other risk areas to aid in a company’s financial success.
Average Pay: $100k a year
Project/Product Manager
In any decentralized ledger project, project/product managers are the ones in charge. They are responsible for the sales and project activities from the time of their inception to the finish. They serve as the intermediary between the developers and the clients. The responsibilities of a blockchain product/project manager include resource reporting and monitoring, overseeing security protocols and transaction management systems, and designing any unique features while working with a team to meet the client’s expectations.
Average Salary: $110k per year
Blockchain developer
The most in-demand specialists right now are likely blockchain developers. These create, design and manage blockchain systems and associated applications. Blockchain development is usually divided into two areas of expertise:
- Core blockchain development: The architecture of blockchain systems is created and maintained by core blockchain developers. They create security patterns, build protocols, and manage the entire network.
- Blockchain software development: here, blockchain software developers create applications onto those that are already existing while designing and maintaining the same.
Average salary: $130k per year
The positions listed above are just a sample of the popular options available across the industry. According to a recent LinkedIn report, crypto job openings increased by 395% in the last year. Literally, there is space for everyone. You just need to determine your specific skills and understand how to use them to your advantage in this industry.