BingXFounded in Singapore, it is a major social trading platform. announced Friday’s announcement by the company was that it is still actively recruiting for positions in its global offices, despite the current market downturn.
BingX, a cryptocopy trading exchange, was established in 2018. It offers spot, derivatives and copy trading services to over 100 countries worldwide.
More than 200 positions are available worldwide. Some of the open positions include PR managers, product developers, customer service, and affiliates in Germany and South Korea, Turkey.
Since the start of this year’s second quarter, the cryptocurrency market has been trending downward. Many companies have had to reduce their workforce or freeze hiring.
BingX is not stopping at enhancing its offerings or meeting the ever-changing needs and wants of its customers, despite market sentiments.
Elvisco Carrington is BingX PR & Communications Director. He said: “BingX will accelerate it growth, even in such difficult times. We have always carefully hired and will continue doing so. The so-called crypto snow is a rare opportunity for us to tap some of industry’s top talents. We will capitalize on it.”
Different Responses to the Bear Market
The crypto sector has experienced a boom in recent years, driven by a rise in market prices and an increase in growth.
This is not the case at the moment, as bearish conditions began to be observed in April 2022. They have unsurprisingly slowed such growth.
Many crypto-related companies announced layoffs, some of which were listed below CoinbaseBlockFi, Crypto.com, as well as BlockFi, all suffered a total loss of 1,700 jobs between June and July.
Despite massive layoffs by market participants, there is still a number of firms that are increasing their hiring.
Binance announced plans to hire over 2,000 people in Europe, Asia, South America and the Middle East in June.
Other companies include Polygon, Chainlink Labs and Kraken. AaveUniswap Labs and, posted recently hundreds of job openings amid crashing crypto markets.
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