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Author Topic: Have you tried looking for jobs in crypto companies ?  (Read 186 times)
pawanjain (OP)
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January 02, 2025, 01:08:48 PM
Merited by TheUltraElite (1), Bitcoin Smith (1)
 #1

I work in an IT company and was just wondering whether any of you people have tried applying for jobs in crypto related companies.
Many crypto companies provide remote jobs and so you can try working from your home in such tech companies.
Companies like Zebpay, WazirX and other crypto startups are a good option for people in IT.
I have myself not tried in any of these companies but may be I might try in next few years. How about you guys ?

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January 02, 2025, 05:15:34 PM
Last edit: January 03, 2025, 07:37:15 AM by pakhitheboss
Merited by Bitcoin Smith (1)
 #2

I have not anytime given a thought of joining any crypto company or companies. The reason is that a salary being paid in either USDT or BTC makes life more complicated considering the Indian Tax law on crypto. I have seen a lot of freelancers coming up with questions on how to pay tax on crypto earnings or salary on different subreddits. Amazingly, you as an IT guy living in India are even thinking about joining a crypto company  Grin

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January 03, 2025, 06:44:51 AM
Merited by pawanjain (1)
 #3

I never tried but after this thread I searched around LinkedIn and there's around 450+ jobs and 160 of them are remote so yeas it's an unexplored field I guess and definitely people with necessary qualification can apply for it.

Even though we have Indian exchanges, many of them have offices in different countries like Singapore so getting one on an office might not be a solution right now and with all these strict regulations from our educated ministers Grin make people to live happily with whatever little window to make money making in our shitty policies regarding crypto.

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January 03, 2025, 07:53:31 AM
 #4

Even though we have Indian exchanges, many of them have offices in different countries like Singapore so getting one on an office might not be a solution right now and with all these strict regulations from our educated ministers Grin make people to live happily with whatever little window to make money making in our shitty policies regarding crypto.

All Indian exchanges that are FIU compliant have a base in India as it is one of the primary requirements. Some of them have their offices in India and have employees working for them. I have been reading and listening that our beloved FM is now going to make up to 15 Lac as salary tax-free. They should look into how the US and China are using crypto as an opportunity to boost their economy and at the same time, working to eliminate illegal activities. They should reconsider the tax bracket as with crypto a lot of unemployed youth in India can get remort jobs and work as a freelancers.

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January 03, 2025, 02:28:57 PM
 #5

I have not anytime given a thought of joining any crypto company or companies. The reason is that a salary being paid in either USDT or BTC makes life more complicated considering the Indian Tax law on crypto. I have seen a lot of freelancers coming up with questions on how to pay tax on crypto earnings or salary on different subreddits. Amazingly, you as an IT guy living in India are even thinking about joining a crypto company  Grin

Now I understand your concern. The tax on crypto-related jobs in India is the same as the standard taxation for salaried employees.
However, there is an additional tax on profits earned from holding crypto.
That said, I wasn’t specifically suggesting that we must earn exclusively in crypto, as I think there must be crypto companies that pay in fiat currency as well.

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January 03, 2025, 02:35:11 PM
Merited by pawanjain (1)
 #6

That said, I wasn’t specifically suggesting that we must earn exclusively in crypto, as I think there must be crypto companies that pay in fiat currency as well.

There are companies that pay in fiat if they are based in India. Whereas those situated outside for example WazirX don't pay their employees in fiat. They generally make payments in USDT. Since this exchange shifted to Singapore and the owners shifted to Dubai. The problem the user base is still now facing is getting them face Indian judiciary. This shit is complicated and will remain the same.

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January 06, 2025, 04:46:23 PM
Merited by TheUltraElite (1)
 #7

I work in an IT company and was just wondering whether any of you people have tried applying for jobs in crypto related companies.
Many crypto companies provide remote jobs and so you can try working from your home in such tech companies.
Companies like Zebpay, WazirX and other crypto startups are a good option for people in IT.
I have myself not tried in any of these companies but may be I might try in next few years. How about you guys ?

Honestly, I wouldn't do that! Indian legal system is still not robust enough to support the crypto ecosystem. So I would not gamble with my career. The risk is really high when it comes to join a startup, crypto startups are even riskier. So personally I wouldn't apply for crypto companies originated in India.

However, if is a foreign company and has no offices in India or does not business in India, I might consider applying. It's really risky to join a crypto businesses in India to be honest.

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January 07, 2025, 01:39:53 AM
 #8

The risk is really high when it comes to join a startup, crypto startups are even riskier. So personally I wouldn't apply for crypto companies originated in India.
True, potential risks out weighs the rewards so taking a sling shot with one's career is not a smart decision. As of now the crypto startups becoming successful is being slim due the unpredictable status of crypto regulations in our country so sticking with giveaways or whatever we can do to make crypto by working part time is better until the fogs clear regarding the policies.
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January 08, 2025, 04:45:57 PM
 #9

It seems counter productive to seek for a job description that is paying in cryptocurrency in India because of the government's stance and draconian taxation scheme.

If someone wants to pay me in crypto, I would accept that but big amounts in crypto attracts legal attention and none of us want that on our heads.

I also agree that the legal system is poorly developed to tackle cases where crypto get entangled in.

 
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January 08, 2025, 05:23:37 PM
 #10

The risk is really high when it comes to join a startup, crypto startups are even riskier. So personally I wouldn't apply for crypto companies originated in India.
True, potential risks out weighs the rewards so taking a sling shot with one's career is not a smart decision. As of now the crypto startups becoming successful is being slim due the unpredictable status of crypto regulations in our country so sticking with giveaways or whatever we can do to make crypto by working part time is better until the fogs clear regarding the policies.

Exactly! If the crypto related laws are brought in which gives clarity around it, we can take chance. But at the current legal situation, it is highly risky. Getting paid in crypto is a big no no in India as well. You will have to pay 30% tax straight way which makes no sense at all!

It all boils down to regulations. Clarity is very much needed in India. The current tax treatment is very bad as well..

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January 09, 2025, 10:43:31 AM
 #11

It all boils down to regulations. Clarity is very much needed in India. The current tax treatment is very bad as well..

I am expecting some information about regulations by the FM when she presents the budget this year. It has been more than 2 years that the community has been paying heft tax without any regulatory knowledge. Local exchanges are using this loophole to cheat the users. It is high time that the government provide some relief and encourage crypto activities in India.

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January 10, 2025, 02:45:03 PM
 #12

Exactly! If the crypto related laws are brought in which gives clarity around it, we can take chance. But at the current legal situation, it is highly risky. Getting paid in crypto is a big no no in India as well. You will have to pay 30% tax straight way which makes no sense at all!

It all boils down to regulations. Clarity is very much needed in India. The current tax treatment is very bad as well..

Clarity is definitely needed for crypto taxation in India but until then there's no need to pay 30% flat tax if you are earning crypto through a job.
We have this amazing thread from webtricks which shows how tax can be calculated for crypto income from a job as well as trading and investments.

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January 14, 2025, 10:58:57 AM
 #13

Clarity is definitely needed for crypto taxation in India but until then there's no need to pay 30% flat tax if you are earning crypto through a job.
We have this amazing thread from webtricks which shows how tax can be calculated for crypto income from a job as well as trading and investments.


I understand that earnings from freelancing can be classified as business income, but in many cases, these individuals are freelancers who do not establish a formal company or open a business account in India. If they convert their earnings to fiat currency and transfer them to their savings accounts, they will fall under the applicable tax slab. However, if they receive payments in USDT, they would only need to pay TDS and file their returns.

Many here in this discussion thread have pointed out the need for clarity regarding taxation, and I agree, as there are numerous gray areas. For instance, you are only taxed if you are engaged in spot trading, not in futures trading. Although TDS is still applicable, as a trader, you are not necessarily subject to the general tax laws regarding cryptocurrency trading in India.

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January 15, 2025, 07:55:09 AM
 #14

It all boils down to regulations. Clarity is very much needed in India. The current tax treatment is very bad as well..
And it's going to remain same atleast until this BJP rule so the future of Indian crypto doesn't look bright.
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January 19, 2025, 05:07:32 AM
 #15

I am working as autocad draftsman in civil engineering company. I have not tried for jobs in crypto companies but I am trying to earn side income from internet from different forums and sites. Mostly I do content creation like forum posting, reviews. In future I will try if my experience fits to that jobs. Presently concentrating on p2p trading to make money from price difference.
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January 19, 2025, 09:10:32 AM
 #16

No, I would never recommend anyone to join Indian based crypto company as they are running into losses and at the verge of bankruptcy because of the draconian tax rule implemented by government of India wherein one has to pay 30% gst on profit and 1% TDS for every trade. We have seen mass layoffs from Indian based crypto companies and this government has killed once flourishing crypto industry in India. It would be equal to committing suicide if we decide to join Indian crypto company.

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January 19, 2025, 09:11:45 AM
 #17

I am working as autocad draftsman in civil engineering company.
That is an excellent job - just think about the number of lives you are improving by doing that. That itself should make you more determined to work hard and with passion.

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I have not tried for jobs in crypto companies but I am trying to earn side income from internet from different forums and sites. Mostly I do content creation like forum posting, reviews. In future I will try if my experience fits to that jobs.
If you make good content, there are many users here who are writing stuff for companies and getting paid for that. I would suggest grow your account here gradually and join campaigns and eventually plan for joining such a group on this forum itself.

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Presently concentrating on p2p trading to make money from price difference.
I would not recommend P2P, too many scams running there. Focus on your job and on accumulating bitcoin, you can sell when government becomes more lenient on crypto.

 
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January 19, 2025, 03:14:02 PM
 #18

I am working as autocad draftsman in civil engineering company. I have not tried for jobs in crypto companies but I am trying to earn side income from internet from different forums and sites. Mostly I do content creation like forum posting, reviews. In future I will try if my experience fits to that jobs. Presently concentrating on p2p trading to make money from price difference.

If you are interested in earning a decent amount through the internet or this forum then continue to be active here. As soon as you become a Senior Member in this forum you can then apply for signature campaigns. As of now, you can participate in multiple contests if they allow a Jr. Member to participate in a contest. It took me a a few years to reach where I am now without any help as I was always active and learning what the forum is all about. Do your due research and in time you can make a decent amount in Bitcoin from the forum.

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January 19, 2025, 04:57:21 PM
Merited by TheUltraElite (1)
 #19

Mostly I do content creation like forum posting, reviews. In future I will try if my experience fits to that jobs.
First things first, don't treat bitcointalk as employment opportunity but you have tons of ways to make money while growing your crypto knowledge.

You can try other things to make some BTC while learning and educating others by active here. Let me give you some of them

1. Participate in arts competitions: eg Roobet.com | 2025 New Year Art Contest | $2500 Up for grabs! | Ends Jan. 31st is currently active and there are few more in the same to showcase your arts skills and make decent money.

2. Price prediction contests: Whale.io | Bitcoin Price Prediction ' Jan 26 🎁 Prize $100!, this is fairly simple and you can find tons of them under games and rounds section.

3. Free Raffles: Whale.io 🎁 FREE RAFFLE 🎁 Prize 50$!, just pick a number and if you are lucky you can win some BTC and these are also available a lot under the same section.

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There are some other ways too but get yourself active to learn more about them since it needs better understanding of forum dynamics.

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Presently concentrating on p2p trading to make money from price difference.
I would not recommend P2P, too many scams running there. Focus on your job and on accumulating bitcoin, you can sell when government becomes more lenient on crypto.
Apart from scams 1% TDS made impossible to make any profits at all for day trader and anyone who is doing trades frequently.

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January 20, 2025, 02:48:09 AM
 #20

I work in an IT company and was just wondering whether any of you people have tried applying for jobs in crypto related companies.
Many crypto companies provide remote jobs and so you can try working from your home in such tech companies.
Companies like Zebpay, WazirX and other crypto startups are a good option for people in IT.
I have myself not tried in any of these companies but may be I might try in next few years. How about you guys ?
I'm actually more into freelance work like data entry or writing, and the idea of getting paid in crypto sounds pretty cool. Do you know of any platforms or companies that provide freelance opportunities with crypto payments?
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