How to Hire Bitcoin Developers in 2025 in One Month or Less
18 min.

According to Statista, the market for blockchain, which powers cryptocurrencies, is set to grow to $163 billion in the next five years, up from a value of less than a billion dollars in the previous five years. Developments like this have given rise to a wave of startups getting involved in blockchain projects and seeking cryptocurrency developers for hire.

This is particularly the case in countries across the world. Skilled Bitcoin and blockchain developers leverage distributed ledger technology to create secure and efficient decentralized applications (DApps) and smart contracts, ensuring projects meet high standards of data security, scalability, and user-friendliness.

As this demand for crypto developers rises, it is important to know how to find the best experts to execute or augment your project. ProCoders helps startups and SMBs assemble such talents, review our practical guide on how to go about hiring a crypto programmer as a business leader.

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Reasons to Hire a Cryptocurrency Developer

Cryptocurrency is a young and constantly-evolving industry. If you have a startup around cryptocurrency or you have an existing product and would like to implement cryptocurrency payment, then this section gives you more specific motivations for hiring a cryptocurrency developer.

Exponential Growth of Cryptocurrency

The cryptocurrency market is growing at an accelerated pace and this has brought a lot of opportunities for new startups to enter this domain. However, for any startup, it is important to have a good crypto development team working for them as well as proper resources that can enable them to accomplish their goals.

Disruptiveness of the Blockchain

Blockchain is a disruptive innovation that promises to change how we do business forever, specifically by creating a blockchain application. The Binance Smart Chain (BSC) is a high-performance blockchain that utilizes a DeFi-optimized consensus protocol.

The blockchain has already disrupted several industries, including finance and real estate, but there are still plenty of opportunities for disruption left in other industries like healthcare, entertainment and education among others.

Moreover, if you are wondering “how to create a metaverse?” – blockchain will be an essential technology you would use in your future development process.

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Increase in the Value of Cryptocurrencies

The value of cryptocurrencies has increased exponentially over the past years. This shows that cryptocurrencies are here to stay, and they will continue to grow in value. If you want your business to benefit from this growth, you need to hire cryptocurrency developers who can help you with “how to start a crypto exchange” or other crypto-related projects.

Cryptocurrency Adoption by Large Financial Institutions

Major financial institutions such as BlackRock Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co., and Citigroup Inc. have shown interest in cryptocurrencies and the blockchain, which has resulted in an increase in demand for cryptocurrency developers in these organizations.

To meet this growing demand, it is crucial to source the best cryptocurrency developers who can navigate the complexities of the rapidly evolving financial services sector. This has also resulted in a significant rise in the number of job opportunities for blockchain developers globally.

Emergence of Many Blockchain-based Financial Services

Blockchain has opened up new avenues for fintech startups across various sectors such as payments, remittances, lending, etc., which were previously dominated by big corporations. Understanding emerging blockchain networks is crucial for businesses to remain competitive in the evolving landscape of cryptocurrencies.

There is an emergence of several blockchain-based financial services such as digital wallets and cryptocurrency exchanges that are helping people invest their money easily while getting better returns on investment (ROI).

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Increasing Profit Margins in Crypto Investment

Cryptocurrency has been the talk of the town since its inception. It has been known for its unique features like decentralization, anonymity, transparency and fast transaction speed. Understanding cryptographic algorithms is crucial for writing secure code and protecting against potential vulnerabilities in blockchain applications.

These features have helped it gain popularity among investors and traders alike. With this popularity comes an increase in profits for those who invest in cryptocurrencies.

Many investors have made huge profits through their investments in crypto coins. This is one of the main reasons why there is an increased demand for cryptocurrency developers who can create apps that help users trade with ease and make large profits from their investments.

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Exponential Growth of Crypto Exchange Users

The number of users visiting cryptocurrency exchanges and trading platforms has been increasing exponentially over the past years. Consider that Binance grew its user base from 1.5 million to nearly 30 million within the five years from 2017 to 2021. Similarly, Coinbase’s users grew from 13 million in 2017 to 56 million in 2021. As of 2022, its users are numbered over 70 million.

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Emergence of Several ICO Events Globally

The emergence of several ICO events globally has significantly increased the demand for crypto developers who can create innovative ideas for companies and help them raise funds through initial coin offerings (ICOs). Self-executing contracts play a crucial role in enhancing transaction efficiency and network security within decentralized applications.

Therefore, there is an urgent need for skilled developers who can help various companies launch their own ICO tokens successfully or partner with them if they want to create a new platform or product based on the blockchain.

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Understanding the Role of a Crypto/Bitcoin Developer

A cryptocurrency developer is responsible for designing, developing, and maintaining cryptocurrency systems, including smart contracts and decentralized applications.

Their primary role is to ensure the security, scalability, and efficiency of crypto projects. Specialists work on various aspects of cryptocurrency development, including writing smart contracts, developing blockchain applications, and integrating payment gateways.

They must have a strong understanding of programming languages, such as Solidity, Java, and Python, as well as experience with technologies like Ethereum, Bitcoin, and Hyperledger.

Benefits of Working with Cryptocurrency Developers

Working with experienced cryptocurrency developers can bring numerous benefits to businesses, including access to top-notch technical expertise, improved security, and enhanced decentralized application development.

They can help businesses navigate the complex world of cryptocurrency, ensuring that their projects meet industry standards and are compliant with regulatory requirements. Additionally, skilled developers can provide ongoing support and maintenance, ensuring that your product continues to run smoothly and efficiently.

By hiring cryptocurrency developers, businesses can gain insights into the latest trends and technologies in the crypto industry, staying ahead of the competition.

4 Steps to Hire Crypto Specialists ASAP

Define Tasks

You should clearly mention what you want to achieve by hiring a crypto developer. Defining project requirements as a foundational step in cryptocurrency development is crucial.

Do you want to create a cryptocurrency exchange or want to build your own blockchain? Once you have defined it, come up with a list of features that will help make your idea a reality. The more features you have on your list, the more time it will take to develop them.

This also depends on the cryptocurrency blockchain you are building on: Ethereum, Polygon, Solana, TRON, etc.

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Define Skills

You will need a crypto dev who has all the necessary programming skills for your project. A solid understanding of crypto algorithms, including hash functions, is crucial for developers to write secure code and protect against potential vulnerabilities.

You should have an idea of the skill set that you need for your project. This will help you narrow down the number of candidates and also give them a clear idea of what they are expected to do. Some required soft skills include critical thinking, problem-solving, collaboration, etc.

On the hard skills part, you should look out for cryptography knowledge, distributed computing, programming languages, someone who can make an Ethereum smart contract, and know how to create a dex, etc.

Define Budget

This is based on two important points. The first point is your available financial resources, which shall determine how much you are ready to invest to kickstart the project. This begins with creating an MVP and testing the idea among your customer base.

The second point concerns finding rates that match your desired spending, as well as finding opportunities to save money. For instance, offshoring can help you reduce developer costs.

Define Engagement Model

The engagement model depends on your project’s needs and can be outsourcing, outstaffing, or hiring in-house developers. Accessing a vast pool of skilled candidates quickly through various engagement models offers significant advantages, such as hiring top developers or finding well-suited job applicants on professional platforms.

Outstaffing opens up the best opportunities to develop faster, to test the idea with MPV, and to decide what will be the next step to the successful crypto startup.

Hiring in-house developers accumulates costs, considering that crypto developers are still typically expensive and there is a great shortage of available ones. Liaising with an outstaffing company to assemble a super team is the best way to save money.

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Skills and Responsibilities to Consider While Looking for a Cryptocurrency Developer

There are many qualifications and responsibilities you need to consider while looking for a cryptocurrency developer (or, more specifically, if you want to hire an Ethereum developer). Here are some tips and recommendations on how to find the right talent that will be a good fit for your team

Hard Skills

Cryptography Skills

Cryptography is an essential skill for any developer working in the cryptocurrency industry because it requires knowledge of how encryption works and how it can be used to protect data from being accessed by unauthorized users (i.e., hackers).

Understanding cryptographic algorithms, including digital signatures, is crucial for developers to write secure code and mitigate potential vulnerabilities in transactions and smart contracts.

Blockchain Architectures

Having a basic knowledge of blockchain architecture will come in handy while developing new applications on top of existing platforms like Bitcoin or Ethereum. Understanding the Bitcoin protocol is crucial for ensuring secure transactions and innovative financial solutions. The most common architectures used in blockchain are Hyperledger Fabric and Ethereum Virtual Machine (EVM).

Security

Cryptocurrency developers need to have an understanding of network security protocols in order to protect their clients from cybercrime and hacking attempts. It also helps if they know how to audit code and implement security patches as needed so that their clients aren’t left vulnerable when new threats arise.

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Coding Skills

Ethereum

Ether is an open-source platform that allows developers to create applications on top of it. The language used by Ethereum is called Solidity, which is used to create smart contracts.

Solana

Solana is another blockchain platform that lets developers create decentralized apps (dApps). It has been designed specifically for high throughput blockchains, so it can be used for things like IoT devices or video games where there are thousands of users trying to access data at once.

Bitcoin

Bitcoin is open-source software, meaning anyone can contribute to the codebase. Hiring skilled Bitcoin developers is crucial to ensure successful project execution, as they bring the necessary expertise to navigate the complexities of cryptocurrency projects.

Developers who are interested in working on Bitcoin should be comfortable with object-oriented programming languages like C++ and Java.

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Cosmos

Cosmos is another blockchain platform that has its own virtual machine for running smart contracts called Tendermint Core.

Soft Skills

Problem-Solving Abilities

Hire cryptocurrency developers who can identify problems within your business and come up with solutions on how best they can solve these problems without causing any disruptions within your company or organization at large.

Collaboration

Communication is key when working on projects with multiple teams involved. This means respect for others’ time and attention and an ability to collaborate easily without getting frustrated by setbacks or difficult personalities.

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Analytical Skills

A good cryptocurrency developer should be able to analyze data, trends and patterns in order to make informed decisions on behalf of their clients. They also need to be able to identify problems before they occur and find solutions for them before they become major issues.

Roles & Positions of Crypto Developers: What Programmer Do You Need for Your Business?

The formative stages of the crypto industry are gone and now moving into a more mature stage. When it come to development, you need a team of professionals who are competent and have an in-depth understanding of the nuances involved with their respective areas.

Cryptocurrency Developer

These are the developers who work on cryptocurrency projects. Identifying and hiring top Bitcoin developers can significantly enhance project outcomes. You can recruit a crypto dev if you are looking to create a new digital currency, or if you want to improve your existing project.

The main tasks for this type of programmer include creating smart contracts, coding and writing code for DApps, building a cryptocurrency token, developing new features for existing projects and fixing bugs.

Blockchain Developer

It is a blockchain developer who knows all about smart contracts or even creating a dApp using Web3. Blockchain application development is crucial for creating decentralized applications and ensuring software projects are secure and efficient.

They are usually hired by startups and other companies, which require them for developing a new system or improving an existing one. For example, some businesses may want an app that lets users send Bitcoin or Ethereum between one another using smartphones or tablets.

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Smart Contract Developer

A smart contract dev is a tech professional who has extensive knowledge of the blockchain and its application in business processes. Developing smart contracts is crucial for creating effective solutions within the blockchain space, enabling innovation and facilitating complex transactions.

If your company needs to implement a blockchain-based solution, then consider crypto devs for hire in this range. In addition, they can also help you create DApps for your business.

Rust Developer

Rust is a programming language that was designed to solve many problems in software development today: safety, parallelism, concurrency and memory safety. You can use Rust to build systems that run on multiple cores or multiple machines without having to worry about data races or deadlocks. It’s also fast because it uses LLVM as its compiler backend instead of an interpreter like most languages do nowadays.

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Where to Find and Hire a Crypto Developer?

Networking

You may already know someone who has work experience with blockchain development or with the cryptocurrency industry in general. If so, reach out to them and see if they would be interested in working with you on your project.

Also, if they know any freelancers or agencies who are good at what they do, they would be happy to refer them too. So networking can help you find the right person for your job easier than other methods. Networking is free, but it takes time and effort before you find someone suitable for your project.

Freelancing Platform

There are several platforms that specialize in pairing businesses with freelancers. These include Upwork, Freelancer, Toptal and Fiverr. Using these platforms to find tech talent specifically within the cryptocurrency space can be highly beneficial.

For a one-time job, this is usually okay, especially for an urgent task. However, for a project requiring long-term development where a high quality of delivery is critical, there are better options available than hiring freelancers.

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Hiring Agencies

Some companies specialize in finding talent for businesses that need to hire people for specific jobs.This might be a formidable arrangement if you want to hire one or two developers to augment your team. However, in building a cryptocurrency development team, you need devs who fully match the requirements and hiring agencies simply cannot provide you this.

Try ProCoders Hiring Service

Still on how to find developer for crypto currency or find developers to create Dapp with React, ProCoders is a full-service outstaffing company that can help you find and hire the right talent for your project. We can provide you with top-notch developers at competitive prices.

This approach can be especially beneficial if you are looking for someone with specialized skills in one particular area, such as Solidity development, Node.js development, or smart contract creation and deployment.

You can also contact us directly if you need help finding a crypto developer who will be able to assist with your project needs and augment your current staff base.

Onboarding and Integrating Crypto Developers into Your Team

Onboarding and integrating crypto devs into an in-house team can be a challenging task, but it is essential for the success of cryptocurrency projects. Businesses must ensure that your new experts have the necessary technical skills, problem-solving skills, and experience working with blockchain.

A thorough hiring process, including technical assessments and interviews, can help businesses find the best crypto developers for their projects.

Once hired, they must be integrated into the existing team, ensuring that they have the necessary resources and support to succeed. This includes providing access to GitHub repositories, ensuring collaboration with the existing team, and offering ongoing training and development opportunities.

Engagement and Retention Strategies for Crypto Developers

Engaging and retaining staff is crucial for the success of cryptocurrency projects. Businesses must offer competitive salaries, benefits, and incentives to attract and retain top talent. A positive work environment, opportunities for professional growth, and recognition of achievements can also help to motivate and engage crypto engineers.

Additionally, businesses can offer flexible working arrangements, such as remote work options, to attract a wider pool of talented crypto engineers. By implementing effective engagement and retention strategies, businesses can ensure that their engineers are happy, motivated, and committed to delivering high-quality results. This, in turn, can lead to the success of cryptocurrency projects and the growth of the business.

Average Salary of Cryptocurrency Experts

The average salary of cryptocurrency experts varies, depending on the experience level of the listed expert. It takes time to become an expert in any field, and crypto space is no different in this matter. To determine web3 engineer salary or specifically cryptocurrency experts, see the table below:

Country Level Hourly Monthly Annual
Estonia Junior $21-40 $3,360 $40,338
Mid-Level $41-50 $6,783 $80,415
Senior $50-80 $8,342 $96,073
United States Junior $50-55 $7,560 $101,821
Mid-Level $60-63 $8,780 $119,922
Senior $65-70 $10,600 $130,162
Germany Junior $40-45 $6,570 $80,023
Mid-Level $50-58 $8,415 $100,332
Senior $60-63 $10,429 $120,859
United Kingdom Junior $52-60 $7,436 $102,008
Mid-Level $62-67 $9,603 $122,794
Senior $67-75 $11,101 $135,694
India Junior $21-40 $3,500 $42,069
Mid-Level $42-50 $6,800 $82,697
Senior $48-55 $7,800 $93,778

How to Approach the Search for Cryptocurrency Developers

Questions to Ask When Hiring a Crypto Developer

interview questions
  • What is your experience with cryptocurrencies?
  • Have you ever worked on a development team that has built a blockchain application or cryptocurrency-related product?
  • Can you explain the differences between proof-of-work, proof-of-stake and other consensus mechanisms such as Delegated Proof-of-Stake (DPoS)?
  • Which blockchains do you prefer working with for developing dApps and smart contracts — Ethereum, Polygon, Cardano or something else entirely?
  • What are the biggest challenges you’ve faced working on blockchain projects as a crypto developer?
  • Are there any specific platforms that you prefer or don’t prefer to work with?
  • Do you have any experience working on ICOs or token sales? If so, can you share some examples?
  • Can you walk us through a typical development process for one of your projects?
  • How much time have you spent learning about the blockchain specifically?
  • Do you have any experience working with smart contracts? If so, what languages or frameworks do you prefer working with?
  • How would you define a smart contract? Do they need to be public or private? What security measures should they implement (if any)?
  • How would you approach the documentation process for our project?
  • What kind of software development methodology do you follow? (Agile, Waterfall etc.)
  • What is your experience with decentralized application (dApp) development? If so, what are some frameworks and tools you’re most comfortable using?
  • How would you build an ERC-20 token from scratch?

How to Check Cryptocurrency Developers’ Seniority?

Check for experience and education

A good place to start is with their LinkedIn profile. The developer’s experience is crucial in the hiring process for cryptocurrency projects, as it directly impacts coding, deployment, and the overall development process.

This can give you an idea of what kind of experience they have, which projects they have worked on, and what their educational background looks like. It also shows if they have any certifications related to cryptocurrencies or blockchain technology.

Look at their portfolio

If they have good projects, then they must have some experience in developing cryptocurrencies. The portfolios can also tell you what types of cryptocurrencies developers like working with and what tools they prefer using.

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Look at their GitHub repositories

This account usually contains all the code that has been written by them so far and will give an idea of how long they have been writing code. It is important to understand the Bitcoin project and its open-source nature when evaluating a developer’s GitHub repositories.

You can also look at how many stars each repository has and whether it has been updated recently or not. The more stars a repository has, the more popular it is among other developers as well as users who want to use it in their own projects.

Ask for references from previous clients

A good reference should have worked with the candidate on multiple projects over time, so they can give you an honest assessment of his or her skills and abilities. Ask about how long it took them to complete each project and whether there were any issues along the way that affected its completion date or final product quality.

Test Drive for developers before the second interview

Test tasks are an important part of the entire recruitment process, as they allow employers to know more about candidates. Asking candidates to complete test tasks before the second interview allows employers to evaluate their skills.

The more complex your tasks are, the better it will be for you — this way you can understand if the candidate understands your technology well enough and can deal with it in different situations.

Steps to Hire Cryptocurrency Programmers with ProCoders

ProCoders has sent talented professionals all over the world to work on many projects. We work with foreign clients and communicate normally in English, so any concerns about language or miscommunication cannot be applied here. We provide crypto, blockchain, and web3 developers for hire.

NDA

We work with our clients through official agreements, including NDAs, that define their requirements and budget. We also define our own terms of engagement so that both parties have a clear understanding of what they are getting into. This reduces any misunderstandings or disagreements later on.

Discuss details

Once we have an agreement from both sides, we discuss the details of the project (like how to set up a crypto trading bot) and define the skills required for each developer on the team, based on their experience, skillset, and availability.

Understanding decentralized networks is crucial for creating secure and innovative platforms. We also determine whether there will be any additional members needed for certain tasks within the project. This also applies to web3 and NFT developers for hire and not just crypto experts.

Assembling the team

Once all these steps are completed, we assemble a team of developers who will work on your project. It is crucial to hire experienced developers for cryptocurrency projects, as they bring proficiency in relevant programming languages and a deep understanding of the blockchain.

Each member of our team has their own specialization and skill set relating to NFT development or related spheres like cryptography, databases, etc., so they can understand different aspects of your project quickly and accurately solve its issues.

Getting to work

Once you hire Bitcoin developers and we complete assembling our team, we will begin working on your project. We also monitor each stage of development so that you don’t need to worry about anything concerning your project.

FAQ
Is a cryptocurrency developer the same as an NFT developer?

No, a cryptocurrency developer and an NFT developer are not the same things. Cryptocurrency developers focus on developing blockchain technology and its applications. They create new coins and tokens, set up blockchains for use in business applications, and generally help organizations implement blockchain technology in their processes.

NFT developers also work with blockchain technology, but they focus on creating non-fungible assets that can be used as part of an NFT ecosystem. These assets could be anything from collectible cards to digital art or even real-world objects like cars or houses.

Can I hire Bitcoin developers to create a cryptocurrency?

Yes, you can hire developers to create a cryptocurrency. In fact, the most famous cryptocurrency, Bitcoin, was created by a group of developers who wanted to create a currency that could be used across borders and would not be subject to government control.

In order to create a cryptocurrency, a developer will need to have an understanding of blockchain technology and be able to program in at least one programming language.

What is the difference between cryptocurrency development and smart contract development?

The main difference between cryptocurrency development and smart contract development is that cryptocurrency development involves the creation of a new coin, while smart contract development involves the creation of a program that can be used to control existing coins.

Cryptocurrency development involves creating a new coin, which can be used for payments or to buy things online. Smart contract development involves using an existing coin like Ethereum or Bitcoin to create a new service, like a blockchain-based game or voting platform.

Conclusion: Key Takeaways

Blockchain technology has opened up new avenues for fintech startups across various sectors such as payments, remittances, lending, etc., which were previously dominated by big corporations.

You should clearly mention what you want to achieve by hiring a crypto developer. Do you want to create a cryptocurrency exchange or build your own blockchain?

Finding and hiring a crypto-developer is never easy. For instance, it may be easier to go freelance, but that doesn’t mean that you’ll get the best results.

ProCoders is a full-service outstaffing company that can help you find crypto developers for your project. We can provide you with top-notch developers at competitive prices.

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