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Coinbase to Woo India Recruits With $1,000 in Crypto

The exchange's aim is that recruits will use the incentive to learn about crypto.

Actualizado 14 sept 2021, 1:20 p. .m.. Publicado 5 jul 2021, 3:17 p. .m.. Traducido por IA
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Coinbase is looking to hire "hundreds" of recruits for its new hub in India, and is offering an incentive of $1,000 in crypto.

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  • The aim is for recruits to "leverage this offering to learn about crypto," Pankaj Gupta, VP of engineering and site lead in India, said a blog post Friday.
  • The exchange is looking to tap the country's "world class community" of engineers, tech builders and entrepreneurs, Gupta wrote.
  • The company wants to "hire hundreds of world class engineers in the near term" to fill its Indian outpost, which currently has 20 different openings listed.
  • In March, Coinbase announced its plans to open a hub in Hyderabad, India in the face of the possibility of a ban on crypto in the country.
  • Even if an outright ban were to be passed into legislation by the Indian government – a possibility that appears to have diminished of late – it is likely that Coinbase's plans there would not be affected if operations center around engineering and software development.

Read more: India May Have Quietly Shown Its Hand on Crypto Regulation

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The Wall Street bank said its bitcoin forecast relies on further crypto ETF inflows and a continued rally in traditional equity markets.

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