Binance Announces Job-Opening Amid Global Pandemic
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Binance Announces Job-Opening Amid Global Pandemic

April 4, 2020      Jyoti Singh

Amidst the coronavirus pandemic, the global rate of unemployment is increasing, but recently, some of the biggest companies of cryptocurrency have stepped in and announced to hire new employees.

The largest cryptocurrency exchange in the world, Binance, is among those companies. Despite, the ongoing crisis, the company has announced to hire over 100 new employees.

180 Vacancies In Binance

On April 03, 2020, Binance made the announcement through a tweet and call the people around the world to join the Blockchain industry. The company in its tweet mentioned that the employee is allowed to work from home as the global jurisdiction continue strengthening quarantine measures.

The CEO and founder of Binance, Changpeng Zhao, while making the hiring announcement, tweeted, “Getting used to work from home, but hate your job? Good at what you do and passionate about crypto? You know what to do”.

Although the company has announced to hire at least 100 employees, the company has around 180 vacancies, as per the job listing page.

According to a report, the world’s largest crypto exchange has around 800 employees.

The company would hire employees for different areas like business development, marketing, communications, customer service, finance, analytics, and frontend. The Binance is accepting the applications from all over the world, as it would be hiring in Europe, Asia, or Latin America.

Crypto Industry Getting Back On Track

In this time of crisis, job posting by Binance has come as a ray of hope for the people who have been suffering from unemployment. A few weeks ago, around 6.6 million people in the US were registered as unemployed.

In late March, when the Bitcoin started improving in the market after experiencing a plunge below $4000, another major US-based cryptocurrency exchange, Kraken, also announced a job posting for 67 people.

On March 16, when the Bitcoin was in loss, the CEO of Binance US, Catherine Coley, stated that the trading volume of cryptocurrency is affected by the coronavirus.

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Jyoti Singh
Jyoti Singh

Jyoti is a graduate from GGSIPU and has done her PG Diploma in English Journalism from IIMC. Presently, she is working as a content writer with Agio Support Solution Pvt. Ltd. Her aim is to provide informative content about cryptocurrency and blockchain, to the tech-enthusiasts.