Cryptocurrencies came to the world to revolutionize the economy. The growth of the cryptocurrency industry is an opportunity for professionals to start investing, saving, and launching new careers.
A blockchain apprenticeship or training may be what you need to take advantage of these opportunities. Whether you want to be a cryptocurrency trader or just work within the financial market, there are plenty of things you can learn in a cryptocurrency apprenticeship. These apprenticeships allow people to gain deep knowledge of blockchain code, blockchain processes, and the future of blockchain security.
In this article, we dive into the best cryptocurrency apprenticeship programs on the market and tell you all about salaries and employment opportunities in this fledgling industry. This guide breaks down everything you need to know about these training opportunities, including how to enroll in an apprenticeship program and become a professional in this field. There’s no better time to dive into this exciting career path.
What Is a Cryptocurrency Apprenticeship?
A cryptocurrency apprenticeship will help give you formal training for a career that involves blockchain technology and crypto trading. You will learn about cryptocurrencies while becoming familiar with the ins and outs of the financial market. These programs offer structured training and give access to better job opportunities.
Most blockchain startups offer entry-level jobs which are similar to internships. These positions are open to students and recent graduates, who enjoy the support of qualified tutors to guide them in each task they are assigned. Companies that have apprenticeship programs include the Ethereum Foundation, Treehouse Finance, OKEx, SEBA Bank, Gemini, Certik, Bitstamp, Binance, CoinGecko, Uphold, and Terra.
What Does a Cryptocurrency Apprentice Do?
A cryptocurrency apprentice may be assigned a variety of technical tasks, including developing and optimizing blockchain protocols, crafting the architecture of blockchain systems, and developing smart contracts and web apps. To complete these tasks, apprentices must have some knowledge of blockchain technology.
As part of an apprenticeship program, you may also participate in the research of global cryptocurrency trends and in the real-time analysis of key stakeholders. You may also be involved in processing crypto transactional data and organizing procured data for reports that reveal insights and patterns.
As an apprentice, you will be assigned to a tutor to teach you the ropes of the trade. In addition, you may have to take exams that gauge your understanding of blockchain technology and that reveal that much you are assimilating.
Cryptocurrency Apprenticeship Salary
According to Glassdoor, the average salary for a cryptocurrency intern is $40,103. This is similar to what an apprentice in this industry earns. Moreover, the average hourly salary for a crypto-analyst intern is between $10 and $30. Positions with similar salary ranges include crypto media intern, content editor intern for crypto, and crypto staking engineer.
Cryptocurrency Apprenticeship Requirements
To apply for most cryptocurrency internships, you will need to submit academic transcripts and a letter of recommendation. Common prerequisites include having some previous experience and being at least 18 years old.
Some programs may have more strict requirements such as having blockchain training or having earned key certifications such as those awarded by Ethereum, Hyperledger Foundation, IBM, and UC Berkeley.
Types of Cryptocurrency Apprenticeships
There are different types of apprenticeships in the world of crypto and blockchain. Make sure to carry out extensive research on what your options are and how they align with your personal and professional goals. To aid in your research, we have put together a few of the most common types of apprenticeships in the cryptocurrency industry.
Crypto Analytics Intern
This job requires knowledge of the movements of the cryptocurrency market. The primary function of this role is to feed valuable information to retail and institutional investors. You will have to write reviews for investors as well as produce short analytical essays based on the instructions and objectives of the company.
Crypto Mining Software Engineer
Crypto mining software engineers create the software stack for mining and staking operations. They build the supporting digital infrastructure for the data processing flows to mine Bitcoin, Ethereum, and other cryptocurrencies.
Other responsibilities include working alongside design teams and developing and deploying production-ready software. They may also be involved in the development of real-time APIs to support internal and external stakeholders of the company with a blockchain infrastructure code.
In addition, these professionals make fundamental architecture and development decisions in large-scale distributed systems, create monitoring solutions for mining and staking projects, and identify new opportunities to maximize Proof-of-Work and Proof-of-Stake rewards. According to Glassdoor, the average salary of a crypto engineer is $90,529 per year.
Business Analyst Intern
As a business analyst intern, you’ll work alongside and learn from experienced business analysts. A business analyst combines knowledge of business and technology to interpret cryptocurrency market conditions and offer investment advice to external clients. A key aspect of this job is organizing business and IT operations teams as well and third-party software providers.
Business analysts are responsible for creating business and system requirements and supporting metrics and feedback alternatives. Most of these specialists work for internal associates and external customers of Fintech or cryptocurrency companies. The average salary for a business analyst ranges from $43,000 to $81,000 per year, according to Glassdoor.
Engineering Manager Crypto
In this role, you will have to manage the hardware and software configuration in new platforms for cryptocurrencies. You will also lead a team focused on solving complex issues and offer technical support through software engineering. Other functions of this crypto-job include leading the company’s team of engineers with actionable feedback, setting clear goals, and coordinating projects
The main objective of this position is to improve the quality of the company’s crypto-investment and engineering products. You will also have to refine metrics and establish processes for improvement, optimizing the methods and systems for product development on capital funds and trading platforms. According to data from Glassdoor, the average salary for a crypto engineering manager ranges from $107,000 to $214,000 per year.
Cryptocurrency Apprenticeship Jobs
The great thing about getting involved in a crypto apprenticeship is that you will become familiar with a number of cutting-edge tools and technologies. Moreover, you’ll receive the training that you need to enter the industry and get paid at the same time. Below, we’ve included some excellent cryptocurrency apprenticeships available at the time of writing.
Binance Intern Product Management
Binance is the world’s leading blockchain ecosystem and digital asset exchange. In this internship position, you can work from anywhere with Internet access. Your main task will be to promote and maintain an application or project.
Another essential function of this crypto-job is to coordinate cryptographic projects. You must ensure that the project or product code is correctly encrypted and verified, following all security patterns. The base salary for this job is $75,000 per year.
Terra Validator Relations (Intern)
This remote, entry-level engineering position manages the public relations and validator relations team at Terra while incorporating DevOps terminology and techniques. The program requires candidates to be proficient in technical language, have some previous programming experience, and feel comfortable running a Terra node.
Terra is a pioneer in monetary technology on a mission to set money free. This technology company creates open infrastructure and revolutionary applications using blockchain technology.
Polychain Capital Internship Cryptocurrency Researcher
This internship program consists of research related to the cryptocurrency market. You will also carry out an analysis of new smart contracts for crypto-investment services. These types of services also require an efficient blockchain strategy.
Polychain Capital is a San Francisco-based company charged with managing one of the world’s largest and most significant premier blockchain asset hedge funds. The objective is to guarantee investment instruments to protect investors’ money from inflation.
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Keyrock Quantitative Trading Intern
This apprenticeship program consists of applying basic skills to open and close operations with cryptocurrencies in real-time. You will have to assess the risk of volatility in the cryptocurrency market and decide when to invest in assets like Bitcoin, Ethereum, Cardano, Litecoin, and thousands of other cryptocurrencies.
Keyrock is based in Brussels, Belgium, and manages digital assets to build scalable and self-adaptive technologies in the crypto space.
Voatz Cyber Security Engineer Intern
As a cyber security engineer intern, you will implement technical solutions to shield the computer systems of cryptocurrency companies. Your responsibilities include penetration testing and using Wireshark to analyze package capture files, and you will become familiar with key security tools.
Voatz is an online voting application with a mission to make voting more accessible and transparent through cutting-edge technologies such as blockchain. The company is headquartered in Boston, Massachusetts.
How to Get a Cryptocurrency Apprenticeship
Education is key to accessing the programs we recommended above. There are several ways to get the training you need to join these apprenticeship programs. Take a look at the most common alternatives below.
Bootcamps
In bootcamps, you can learn much more than coding. Many schools offer programs in Fintech and cryptocurrency. Through a project-based curriculum and expert-led instruction, you will master the tools and technologies that you need to enter the crypto world.
Aside from technical expertise, coding bootcamp students learn the soft skills needed to succeed in a career in technology, including communication skills and being a good team player. In addition, the best coding bootcamps offer strong career services, which, in many cases, include apprenticeship programs.
Many different bootcamp options are available online, but some of the top-rated ones offering cryptocurrency lessons are Eleven Fifty Academy, Rutgers Bootcamps, and University of Washington Boot Camps.
Internships
Universities such as UC Berkeley, Princeton University, Duke University, the University of Michigan, and the University of Pennsylvania require students to take an internship as part of their bachelor’s degrees. In addition, several companies offer cryptocurrency internships. Some prominent ones are Armanino LLP company and Susquehanna International Group.
Is a Cryptocurrency Apprenticeship Worth It?
Yes, a cryptocurrency apprenticeship program is an excellent option to launch a career in technology. You will learn from industry experts in blockchain technology, crypto investment, and trading in the best tech and financial companies. These programs introduce you to the blockchain landscape and improve your understanding of the digital currency market.
The crypto market is the present and the future of the new global economy, independent of governments and central banks. The opportunities in this new and thriving sector are endless. As a professional in this industry, you’ll enjoy a high salary and professional fulfillment. Don’t wait any longer and apply today for some of the apprenticeships on this list.
Cryptocurrency Apprenticeship FAQ
Companies that offer crypto apprenticeships include Binance, the Ethereum Foundation, Terra, Polychain Capital, Keyrock, and Voatz.
According to Glassdoor, the average salary for a cryptocurrency intern is $40,103. Apprenticeship programs may have a slightly lower salary. Moreover, the average hourly salary for a crypto-analyst intern is between $10 and $30.
There are many types of apprenticeships to launch a career in the cryptocurrency industry. You can find apprenticeships for crypto analysts, engineer managers, software engineers, and product managers.
According to the latest Career Karma State of the Bootcamp Market Report, the average coding bootcamp cost $11,727 in 2020.
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