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crypworld

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Binance, the largest and the most popular Cryptocurrency Exchange in the world is now hiring. There are about 2000 vacancies right now. Despite the crypto market gloom, Binance keep marching forward and have plans for mergers and acquisitions.

Is Binance in the right direction or are they taking a poor decision in hiring more, when other crypto magnets are laying off employees with immediate effect? What are your thoughts?
 
I don't seem to understand , but they are definitely wanting to expand and are currently on a hiring spree , as per the purpose of hiring , they definitely won't be hiring out high school students but only the experts from the Crypto field so that is why only they should apply for these hirings .
 
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At the moment investing is not a safe choice in ant asset other than just holding or investing in a business that can give you passive income stream , Crypto is failed , Stocks Are Crashed. Commodities Are Not Moving , Inflation Hedges Are Not Performing. that's the performance of market .
 
At the moment investing is not a safe choice in ant asset other than just holding or investing in a business that can give you passive income stream , Crypto is failed , Stocks Are Crashed. Commodities Are Not Moving , Inflation Hedges Are Not Performing. that's the performance of market .
Sad but true,everything relating to investing is not giving a good and quality outlook.It seems to be falling apart but still not reason enough to make noise.Quality investors know exactly what they are getting into andbate not moved by unprofessional speculation but rather risk it all based on the financial call they made.They HODL till the right right time comes because they know that everything is a game of chance and they have invested in quality shares.
 
I don't think it matters very much what you or me or anyone else thinks about Binance hiring more people. Because how can we explain the reason why they are doing this? They probably have more and more people using their platform so they need more employees to keep their services running smoothly. Or maybe the war has affected their staff members who couldn't work anymore and they need to be replaced. It could be anything, there is no benefit in us speculating why they are doing this and if it is good or bad
 
I agree ; as I have said before as well , they are trying to expand in all the world so they are making sure that no place is left where they don't have an office and such development will always lead to more hirings and people will get jobs which is good for them in this inflation times especially .
 
At the moment investing is not a safe choice in ant asset other than just holding or investing in a business that can give you passive income stream , Crypto is failed , Stocks Are Crashed. Commodities Are Not Moving , Inflation Hedges Are Not Performing. that's the performance of market
We actually thought that bitcoin is the ultimate hedge against inflation but were wrong,no crypto qualifies to be an inflation hedge now because all of them are too volatile and respect inflation news negatively so how are they an inflation hedge?Many can say if not the decentralised coins maybe stablecoins can be but Terra proved otherwise.So the quest continues for a digital inflation hedge continues
 
A crypto giant like Binance should be able to weather this bear market just fine. Unlike Celcius which has barely 5k unique visits per month and really risky high interest products that make them vulnerable to sudden market downswing. Brace yourself since the market is still volatile now.
 
Lols , they are too good to be called as inflation hedge , they can only be called as monopoly money and volatile assets that can anytime do anything and therefore one must be sensible because the inflation of USD is also 12% and that means you still have to pay 12% extra to buy a product after an year vs gold you have 10% increases on year and 2-3 % inflation , So gold always win as a inflation hedge .
 
binance have reasons for hiring more employees , probably they need more contribution to improve the platform ,even if the market is down ,that doesn't mean they won't need more workforce to help improve their platform and take it to the highest
 
It is indeed they are hiring for the sane purpose and as by the news the coinbase has also slayed 8% workers in India to add more worldwide customers so are the companies focusing on the world and are planning to take just the advantage of the people ? Which us not a good idea actually .
 
It is indeed they are hiring for the sane purpose and as by the news the coinbase has also slayed 8% workers in India to add more worldwide customers so are the companies focusing on the world and are planning to take just the advantage of the people ? Which us not a good idea actually .
i actually thought that the Coinbase sacking was world wide ,I never knew it was directed to a particular country India ,I think they should replicate what binance is doing by hiring for the benefit of the platform and not sacking because some workers might be hopeless
 
That's not an big thing or issue actually because a company always looks at his profits first and if they are not getting enough profits from a country they can remove employees that are inconsistent and not making enough efforts , So that is key thing the pair in the country with forex is not able at all So the Companies always look at Such things Too along with the economical outlook as Well .
 
That's not an big thing or issue actually because a company always looks at his profits first and if they are not getting enough profits from a country they can remove employees that are inconsistent and not making enough efforts , So that is key thing the pair in the country with forex is not able at all So the Companies always look at Such things Too along with the economical outlook as Well .
probably they actually want to keep up with the profit they want to keep earning from ,that's why they had to retrench some workers ,but the thing is that most of those workers sacked are still professional ,I hope they actually get a job outside Coinbase , probably coinbase is trying to be economical too
 
EVERY COMPANY WANTS TO GROW.SO IT IS SIMPLY NATURAL FOR BINANCE TO WANT TO EXPAND.EMPLOYING NEW STAFF SIMPLY MEANS THAT THE WORKLOAD OF THE COMPANY IS INCREASING TREMENDOUSLY AND THEY REALLY NEED MORE HANDS TO BE ABLE TO ACCOMPLISH IT.SO IT SIMPLY MEANS THAT THEY ARE DEFINITELY MOVING IN A STEP IN THE RIGHT DIRECTION
 
They definitely are trying to have more profits , companies do not care if you earn or not they should make profit that's their strategy and its a dangerous one , because in conditions , no employee is safe for his jobs so you have to understand that such things are indeed. Very tough for the employees at any time and they need to to be prepared from any time from now .
 
i actually thought that the Coinbase sacking was world wide ,I never knew it was directed to a particular country India ,I think they should replicate what binance is doing by hiring for the benefit of the platform and not sacking because some workers might be hopeless
I actually think that Coinbase emphasizes less on job safety when recruiting workers which is why they can dismiss any worker at any time of their choice.The workers probably knew this and might have agreed to it when they took these jobs,in signed agreements.On the other hand Binance might have a different policy in recruiting that is more favourable than Coinbase.
 
Binance has a more profitable outlook and far better revenue than coinbase and they can afford to hire more people , Coinbase first quarter earnings report were negative and the market losses are big enough to them so this way a pretty much reasonable call to cut off expenses in order to boost the revenues for the company actually via some strict measures
 
I think this happens in every tight financial situation. Some companies decrease while others increase their capacity. Binance has maintained the lead of being the top CEX platform fighting over tough competitors like Coinbase and Ftx. It's now time for it to venture and expand its outreach and that will require getting more hands on deck. It could also be a marketing strategy like "If they sacked you, I can employ you". Thus portray that they're financially stable in the eyes of the public and this is good for business.
 

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