Around June 2020, Coinbase was hiring right here in the Philippines. This is a major company, which recently had its big debut in the U.S. stock market. As of April 22, 2021, they were not just hiring for support roles, but for associate and leadership positions here as well:
With a fresh war chest and renewed optimism, crypto companies have focused on either expanding to new markets or acquiring other valuable companies. Most companies actually did both. Binance went on an acquisition spree last year and made its expansion to Southeast Asia a key focus.
Linkedin’s emerging job report identifies “blockchain” as the hottest skill in Asia Pacific. This means blockchain developers are the most prized talents in the region. In the Philippines, training blockchain developers became a key goal for companies like UnionBank, which is so far the only bank in the country that publicly committed to blockchain development. Note that crypto companies do not only need blockchain developers, but need people in various other fields, like compliance and business development.
In 2020 and onwards to now, a number of international crypto companies are hiring in the Philippines in various support and leadership roles. While crypto companies have hired support roles in the Philippines in the past, be it community managers and the like, hiring leadership roles suggests they are keen to expand in the Philippines or in the Southeast Asia region. Let’s look at some of them in this article.
Popular crypto exchange Kraken is hiring in the Philippines, looking for a Banking and Payments Lead and a Treasury Analyst for APAC.
Banxa is an internationally compliant crypto to fiat gateway from Australia that’s looking to hire in the Philippines. Crypto to fiat onramps and offramps continue to be a big market that is critical to the development of the crypto ecosystem in the country. The company is now looking for Customer Experience and Onboarding Specialists, Fraud and Payments Specialists, and User Acceptance Tester in the country.
Next, Gemini Exchange is looking for an Accounting Manager.
Even local cryptocurrency companies are expanding. In a recent Bloomcast episode, Luis Buenaventura II of BloomX said they hired more people to cope up with demand. Over email, Luis said the seasonality of the cryptocurrency industry dictates that businesses bide their time before making substantial investments in growing their team, and so “startups that don’t usually end up burning themselves out just trying to stay warm during crypto winter.”
Coins.ph is also looking to fill multiple roles within the company.
PDAX said it is keen to increase its workforce because of the surge in demand. In an email to BitPinas, the company said it has already increased its headcount by around 50% and is still currently growing its Tech and Business teams. (Interested applicants may apply here.)
Growing its team meant it is able to reduce backlog in servicing clients and can focus on improving the PDAX app. The new version of PDAX Mobile has basic mode for beginners to have an easier experience in buying cryptocurrencies.
It’s not just crypto companies, fintech companies like Revolut which not only offer banking services in Europe but crypto as well appears serious in expanding locally. It’s currently looking for a Head of Operations and Chief Executive Office. So far, 103 talents have applied to head Revolut in the country. One of its popular products is a card that allows one to spend their crypto for goods and services.
With the cryptocurrency market still reeling from recent all-time highs, demand for cryptocurrency has never been higher, and it is expected that more and more cryptocurrency companies will expand or begin operating in the Philippines soon.
This article is published on BitPinas: Your Favorite Crypto Company May Be Hiring.. In the Philippines