The cryptocurrency industry is arguably one of the fastest growing industries in the world. Thanks to the decentralized finance (DeFi) system and blockchain technology, crypto has become an attractive career path for those interested in technology and finance. As would be expected from any rapidly growing segment, the growth also resulted in a corresponding increase in the demand for talented individuals to build the space.
According to a KoreanAITimes report, crypto and blockchain jobs grew by a whopping 118% between September 2020 and July 2021.
Even in the right downturn in the market, where some companies have paused hiring or cut employees from their registered lists, others are actively looking for and hiring employees.
There are plenty of career paths to choose from in the cryptocurrency industry. So, whether you are looking to become a cryptocurrency content creator, trade analyst, or even a blockchain engineer, you are in the right place.
5 steps to start a cryptocurrency career
A cryptocurrency career cannot be started from nothing. If you are looking for a job in the blockchain and cryptocurrency industry, you will need to familiarize yourself with the space and take the necessary steps to prepare yourself for your research and ensure that your resume stands out.
1. Learn about cryptocurrencies
By learning about the different cryptocurrencies present in this new field, a person who is looking for a crypto career is already preparing themselves well for the next journey.
Some of the most popular cryptocurrencies include Bitcoin (BTC), Ether (ETH), Ripple (XRP), Litecoin (LTC), and Tether (USDT). And if you want to work with them professionally, you should know a thing or two about their structures and how they look.
2. Learn about coding
Cryptography refers to ways of passing information using tokens. This is the foundation on which the cryptocurrency is founded. The essence of encryption is that whenever a piece of information is encoded in some way, only the party to whom the information was originally intended can read and process it.
This is why cryptocurrency uses cryptography to keep it more secure. So, before you dive into this career in the world of cryptocurrency, you might want to take a course in cryptography.
3. Take an honest look at your skills
This is a very vital step that helps determine which aspect of the crypto industry you can fit in. It is important to note that a lot of cryptocurrency jobs are STEM jobs, which are science, technology, engineering, and mathematics (STEM) jobs. This will include careers in programming, software development, computer engineering and electrical engineering.
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However, this does not mean that there are no job opportunities for those without STEM skills. While those who already have a background in writing may pursue coding content writer roles, others may explore opportunities in marketing, business management, and communications.
Andrew Frangis, Vice President of Sales and General Manager Asia Pacific at Blockdaemon, told Cointelegraph:
“When I’m hiring, I don’t focus on the applicants’ educational background but on more of the practical and transferable skills they’ve built over the years and whether they’ll be a good fit for the culture.”
He added, “The basics and people with job skills are becoming more and more important – we are always looking for individuals who are motivated and looking to grow with the blockchain space.”
Don’t underestimate networking. Networking and networking with industry experts can be beneficial in advancing in the industry. You want to see and know the professionals who have walked the path you are about to embark on. You also want to learn from the top professionals in your chosen role. So, if you take networking seriously, it can help your career growth.