Cryptocurrency is gaining popularity among young investors who are turning to the digital payment method in an effort to build wealth outside of traditional finance systems. Despite a tight labor market, in part driven by the pandemic, blockchain topped LinkedIn’s most in-demand hard skills for 2020.
This demand is only going to grow as the world becomes more digitized and companies invest in innovative technologies. If you’re looking for a career change or want to get ahead of the curve, here are top jobs that pay in cryptocurrency.
1. Blockchain Developer
A blockchain developer creates and maintains the underlying architecture of blockchain systems. They also develop Decentralized Applications (DAPPs) and Smart Contracts that run on a blockchain. Along with playing a crucial role in the cryptocurrency industry, there are opportunities in other industries that rely on distributed ledger technology, including healthcare, banking, and transportation. Usually, a Bachelor’s degree is essential, along with programming experience involving several languages. The average salary for a blockchain developer is between $127,000 to $154,500 per year.
2. Cryptocurrency Analyst
A cryptocurrency analyst provides insights about the market and specific digital assets to help guide investment decisions. They conduct research, produce reports, and give presentations to clients or their employer. A background in finance or economics is helpful, along with analytic and problem-solving skills. Cryptocurrency analysts typically have a four-year degree and experience working in the financial industry. The average salary for a cryptocurrency analyst is $85,500 per year.
3. Legal Consultant
Cryptocurrency and blockchain technology are still in their early stages, which creates a lot of ambiguity around regulations. That’s where legal consultants come in to help businesses stay compliant with the law. They provide guidance on issues like taxation, intellectual property, and anti-money laundering. A law degree is required, along with experience working in the cryptocurrency or blockchain industry. The average salary for a legal consultant is $100 per hour or $82,178 per year.
4. Crypto Content Writers
The crypto industry runs on content, whether it’s to educate the masses about Bitcoin or promote a new altcoin. That’s where crypto content writers come in to produce compelling articles, blog posts, social media content, and even books. Although a degree isn’t required, strong writing skills are essential. Familiarity with the cryptocurrency industry is also helpful. The average salary for a crypto content writer is $50,000 per year.
5. Security Architect
A security architect designs and implements security solutions for blockchain systems and digital assets. They work with developers to ensure that the applications they build are secure. They also conduct vulnerability assessments and penetration tests. A security architect typically has a four-year degree in computer science or a related field. They also have experience working in information security. The average salary for a security architect is between $124,946 to $140,000 per year, though those with the most experience can get far more.
6. Software Engineer
Software engineers are responsible for developing and maintaining software applications. They work closely with other engineers, developers, and business analysts to ensure that the products they build meet the needs of the user. A four-year degree in computer science or a related field is typically required. While having experience in the blockchain space is preferred, it’s possible to transition into one of these cryptocurrency jobs even if your experience isn’t crypto-focused. Several years of experience working as a software engineer is also needed. The average salary for a software engineer is between $103,560 and $118,560 per year.
7. Community Manager
A community manager builds and maintains relationships with the members of a cryptocurrency project’s online community. They engage with users on social media, forums, and other online platforms. They also create content, moderate discussions, and answer questions about the project. A background in marketing or communications is helpful, along with experience working in customer service or community management. The average salary for a community manager is between $50,000 and $70,000 per year.
8. Project Manager
Project managers are responsible for planning, organizing, and executing cryptocurrency projects. They work with teams of engineers, developers, and business analysts to ensure that the project is completed on time and within budget. A project manager typically has a four-year degree in business administration or a related field. They also have experience working in project management. The average salary for a project manager is between $93,438 and $114,375 per year.
9. Blockchain Engineer
Blockchain engineers focus on infrastructure and technology needs relating to blockchain solutions and cryptocurrencies, designing systems and tools in that specific niche. Along with a college degree, robust security skills are essential, particularly cryptography. Familiarity with front- and backend development is helpful as well. The average salary for a blockchain engineer is between $127,500 and $142,777 per year.
10. Trade Support Manager
A trade support manager assists clients with executing trades on a cryptocurrency exchange. They provide guidance on how to use the platform and troubleshoot any issues that arise. They also monitor trading activity and report any suspicious activity to the compliance team. A trade support manager typically has a four-year degree in business or a related field. Usually, a financial and customer support background is a must, particularly in the trading landscape. A degree in finance or accounting may also be essential, along with experience working as a trade support specialist. The average salary for a trade support manager is between $50,000 and $70,000 per year making it among the most lucrative jobs in the field.
11. UX/UI Designer
A UX/UI designer creates user-friendly interfaces for cryptocurrency wallets, exchanges, and other products. They work closely with developers and product managers to ensure that the design meets the needs of the user. A four-year degree in graphic design, interaction design, or a related field is typically required. Several years of experience working as a UX/UI designer is also needed. The average salary for a UX/UI designer is between $75,000 and $100,000 per year.
12. Risk Analyst
Risk analysts develop risk management plans for cryptocurrency projects. They assess the potential risks associated with the project and create mitigation strategies. They also monitor the project for any new risks that may arise and update the risk management plan accordingly. A four-year degree in business administration, finance, or a related field is typically required. Several years of experience working as a risk analyst is also needed. The average salary for a risk analyst is between $85,000 and $95,000 per year.
13. DAO Contributors
A DAO is a decentralized autonomous organization that uses blockchain technology to run its operations. DAO contributors work on the development, marketing, and governance of these organizations. They also engage with the community and promote the project. A four-year degree in business administration, marketing, or a related field is typically required. Several years of experience working in the cryptocurrency space is also needed. The average salary for DAO contributors is between $50,000 and $70,000 per year.
14. Solidity Developer
Solidity is a programming language used for developing smart contracts on the Ethereum blockchain. Solidity developers create these contracts and test them for errors. They also deploy them to the Ethereum network. A four-year degree in computer science or a related field is typically required. Several years of experience working as a Solidity developer is also needed. The average salary for a Solidity developer is between $100,000 and $140,000 per year.
15. Business Analyst
Business analysts conduct research and analysis on cryptocurrency projects. They assess the viability of the project and provide recommendations to the team. They also develop business plans and track the progress of the project. A four-year degree in business administration or a related field is typically required. Several years of experience working as a business analyst is also needed. The average salary for a business analyst is between $85,000 and $95,000 per year.
Summing it up!
If you’re looking for a job that pays in cryptocurrency, there are plenty of options available. From developers to analysts, there is a role for everyone in the space. With the industry expected to grow exponentially in the coming years, now is the perfect time to get involved. Cryptocurrency jobs are not only well-paying, but they also offer the opportunity to be at the forefront of a revolutionizing industry.
