The most important skills required in the segment are blockchain specialists, machine learning specialists, security engineer, RippleX developer, and front and back end developers.
RippleX is a global payment platform that enables developers and users to send and receive payments across any currency and network.
The cryptocurrency job market has surged alongside investments in the digital asset, which has started to capture the attention of larger companies including Amazon and Apple.
In India, a number of crypto exchanges are doing well, with millions of people investing in crypto currencies through them.
CoinDCX, India’s first crypto unicorn, said it is hiring people in the technology space who can strengthen its product, enhance security, and build platforms.
“The skills which we focus on are Node.js, cyber security, blockchain, AWS, Java, PHP, Python and data structures. That would be required for building platform architecture, mobile development, and front-end development,” said Mudita Chauhan, head of human resources.
Salaries can be eye-popping. A front-end developer with experience between 2-5 years can earn as high as Rs 30 lakh per annum, while engineers with 8 years of experience about Rs 50 lakh per annum.
The highest demand is for blockchain specialists, whose numbers are limited and so command a higher pay package. Those with 12 years of experience could earn about Rs 75 lakh annually.
Prasadh MS, technology specialist at Xpheno, said the average salary packages for some of the niche and specialist skills are witnessing handsome hikes as the war for talent is heating up.
“The increased adoption of digital platforms for payment, ecommerce and logistics has created a queue of IT products, fintech, BFSI, ecommerce and wallet solution employers seeking specialist crypto skillsets,” he said.
The biggest hirers are banking and financial services firms, digital wallets and payment gateway companies, the MNC captive centres, and the traditional software services companies.
“There has been an exponential scale up in this space. We currently have 185 people of which onethird is in the product and design team. We plan to ramp it up to 250 by the end of the year,” Chauhan said.
US cryptocurrency exchange platform Coinbase, which is set to open its first office in Hyderabad, said earlier this year that it will hire for IT services including engineering, software development and customer support operations in India. It currently has 32 open roles for India, the highest globally.
Read More:Fast growing crypto business sees 10,000 vacancies – Times of India