News
Binance, Coinbase Lead Race to Hire 1,200 Crypto Exchange Jobs – DL News
- Cryptocurrency exchanges are hiring again.
- The madness comes as the market is heating up.
Ten of the largest cryptocurrency exchanges have more than 1,200 job openings, with Binance, Coinbase and OKX leading the hiring race.
The news testifies to the optimism of the sector, which is expected Bitcoin to break It’s March record, Ethereum spot exchange-traded funds throw and venture capital investments to gain momentum this year.
Sam Wellalage, founder of cryptocurrency recruiting firm WorkInCrypto.Global, said renewed hiring it comes because crypto companies don’t want to miss out.
“We’re in a bull market like we’ve never experienced before — there’s going to be so much work for us from a recruiting perspective,” he recently said DL News.
Recruitment activity marks a turning point after two years of job cuts in the sector. According to Layoffs.fyi, since April 2022, 13,500 crypto workers have lost their jobs.
So which cryptocurrency exchanges are hiring?
Binance
Binance is on a hiring spree.
Martin C. Grantformer head of compliance and ethics at the Federal Reserve Bank of New York, he recently joined the board of directors of Binance’s US division.
Join the community to get our latest stories and updates
Additionally, Binance is looking to fill 460 open roles, the world’s largest cryptocurrency exchange said DL News.
“This is part of our ongoing commitment to ensuring compliance, prioritizing user-centric approaches and driving innovations in the dynamic cryptocurrency industry,” said Vishal Sacheendran, head of regional markets at Binance DL News.
Coinbase
Coinbase currently lists 224 roles on its website, ranging from legal and compliance roles, to finance and accounting roles.
“We are looking for people who believe in the long-term potential of this technology and are committed to increasing economic freedom around the world,” LJ Brock, Chief People Officer at Coinbase, recently said DL News.
Bybit
Despite setbacks also from the French securities regulator warning customers opposed to using Bybit, the company is still trying to increase its headcount.
Cryptocurrency exchange has 69 roles open according to its website. They range from sales and marketing to engineering.
OKX
Soon after OKX became a validator on the Chiliz Blockchainthe fourth largest cryptocurrency exchange is now looking to increase its headcount by filling 414 open positions listed on its website.
Among other areas, OKX is looking to strengthen its finance, human resources and fraud risk departments.
Crypto.com
Crypto.com recently created a rapper Eminem his celebrity spokesperson, reprising his role as Oppenheimer’s star Matt Damon.
And it’s looking to make even more hires. The exchange has 335 job offers according to its website.
“We recently announced that we have surpassed 100 million users globally and are hiring to support this growing market share in a thoughtful and strategic manner,” a Crypto.com spokesperson said DL News.
“Since November 2023, we have welcomed hundreds of new staff members to Crypto.com, with plans for additional hires.”
Bitget
Bitget has 106 job offers according to its LinkedIn page.
Among other roles, it is looking to strengthen its marketing and web3 development teams.
Bitstamp
Bitstamp, based in Luxembourg, has six open roles within it website.
It is looking for a general counsel, chief compliance officer and head of markets and risk operations, among other roles.
KuCoin
Seychelles-based KuCoin has nine roles listed on its website.
Its most notable recruiting efforts include the search for a senior compliance manager in Turkey and a regional compliance manager in France.
Gate.io
While the South China Morning Post suggests Gate.io has withdrawn its application for a virtual asset trading platform license in Hong Kong, the exchange is still looking to hire.
Gate.io has 37 job offers according to its LinkedIn page.
HTX
HTX has seven openings according to its LinkedIn page, including for an operations manager in Russia and a senior compliance manager in Hong Kong.
OKX, Bybit, Bitget, Gate.io, KuCoin, Bitstamp and HTX did not return requests for comment.
Eric Johansson is the news editor of DL News. Do you have advice? Active email eric@dlnews.com.