8 Skills That Can Land You a Gig in the Crypto Industry

The Best Skills for Landing a Career in Crypto

So, let’s explore the different skills that are going to help you get a career in the crypto space:

1. Compliance

One area that’s constantly developing is compliance. To say that the cryptocurrency landscape is a bit precarious can be a bit of an understatement. It’s not always clear how laws and regulations apply, and we can expect to see a lot of developments in this area over the coming years. This is why having a solid understanding of compliance requirements and concerns is a necessity. 

Of course, those who oversee compliance tend to work in the law sector. However, everyone involved in operations and development must have a good understanding of the current state and what’s on the horizon. 

By doing this, you’ll know you’re adhering to rules and regulations at all times, and you’ll be prepared for new rules as and when they’re released. 

2. Community management

When it comes to the non-technical skills that are vital in the wider crypto landscape, community management skills are certainly at the top of the list.

A lot of cryptocurrencies have active, vocal communities behind them. People working behind the coins need to ensure they participate in these conversations, so they look to community management professionals to keep discussions productive and civil while sharing company messaging. 

3. Financial analysis

At the end of the day, cryptocurrency is predominantly about money. Cryptocurrencies are seen as investments by a lot of people, so there’s a very strong financial element. Plus, when you factor in the emergence of NFTs, the investments opportunities are greater than they’ve ever been for those who are bold enough to venture into this landscape. 

Considering this, it shouldn’t come as much of a surprise to discover that financial analysis is one of the most critical cryptocurrency skills, especially if you’re concentrating on the investment space.

It gives you the ability to assess markets so you can locate opportunities and evaluate the performance of assets to decipher the best next steps, which is why this is such a valuable addition to any cryptocurrency resume. 

4. Blockchain

One of the more obvious skills you need to have is a thorough understanding of the blockchain. It may seem like an evident starting point. However, even entry level crypto jobs are going to require you to have a complete understanding of how the technology works.

There are a lot of different elements to blockchain, and a lot of types of blockchain networks. As distributed ledgers bring together a number of components, it’s more accurate to describe them as blockchain technologies. 

You need to have a deep understanding of blockchain principles, the architecture of various systems, how they’re utilized, and much more. If you don’t already have this knowledge, it’s a very good place to start before you develop other cryptocurrency skills. 

5. Data analysis 

Not only is it vital to be competent at financial analysis but data analysis, in general, is a vital skill. You only need to consider the huge amount of data the blockchain provides access to, and you’ll quickly understand why data analysis is vital.

The crypto architecture is a very transparent one. You need to know how to extract data effectively, parse it, understand it, and use it to give your business an edge. 

A lot of people use their data analysis skills to move into a crypto data scientist role. If this is something you’re interested in, you’ll also need coding skills and an engineerring, maths, or science background. 

6. UX design

Combining UX design with blockchain is a powerful combination, to say the least. You need to be proficient in creating intuitive, beautiful interfaces that plug into the blockchain and enable users to acces its functionality, without needing to worry or know about what’s happening behind the scenes. 

Leading frontend developments skills are critical, including suitable programming languages. You’ll most likely be working with APIs to connect with the blockchain and access its functionality through your User Interface, yet, of course, it’s always beneficial to have a keen understanding of how the blockchain operates and how it’s different from other centralized databases that you might have worked on previously. 

7. Security and cryptography

Having an overall understanding of the security landscape is a valuable skill for anyone who wants to work in cryptocurrency in any capacity.

It’s useful to have knowledge of Markle proofs, cryptographic hashing, elliptic curve signatures, public key cryptography, and cryptographic protocols. This will help with not only senior roles but some entry level blockchain vacancies as well. 

If you decide to pursue a job as a security architect, it’ll be your responsibility to establish and maintain systems that keep both your product and business secure, preventing unwanted exploitation. This is a vital job in any sector, yet it’s critical in blockchain specifically, and it’s a high-responsibility position that demands and incredibly high degree of competence. 

8. Coding

Last but not least, there are many technical cryptocurrency jobs that require coding skills, whether you’re maintaining security processes, carrying out blockchain data analysis, or working as a blockchain developer. 

You’ll see that some languages are more beneficial than others. For example, when it comes to blockchain protocols, some of the most commonly used are Scala, Java, and C++. It certainly won’t dent your CV to have knowledge of other frameworks and languages, such as Rust, Node.js, or Python.