[Remote] Principal Trader, US at Kraken

United States

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$168,000 – $269,000Compensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Cryptocurrency, Financial Services, FintechIndustries

Skills

Key technologies and capabilities for this role

TradingMarket MakingLiquidityCryptoBlockchainRisk ManagementClient ServiceExecution

Questions & Answers

Common questions about this position

What is the salary range for the Principal Trader position?

The salary range is $168K - $269K.

Is this role remote?

Yes, this is a fully remote position with Krakenites in 70+ countries.

What skills are required for the Principal Trader role?

The role requires highly skilled trading expertise, including managing client flow, risk management across spot and derivatives, client engagement with HNWIs and institutions, market analysis of crypto dynamics, and collaboration with tech and cross-desk teams.

What is the company culture like at Kraken?

Kraken is a mission-focused company rooted in crypto values, with a world-class team of Krakenites united by their conviction in crypto and blockchain, emphasizing financial freedom, inclusion, industry-leading security, and premium products for traders worldwide.

What makes a strong candidate for this Principal Trader role?

A strong candidate is a highly skilled trader with hands-on experience in OTC spot and derivatives, proven ability in client engagement, risk management, market insights, and collaboration with tech teams, plus familiarity with Kraken's culture, values, app, and the crypto space.

Kraken

Cryptocurrency exchange for buying and trading

About Kraken

Kraken is a cryptocurrency exchange platform that allows users to buy, sell, and trade various digital assets. It offers features that cater to both beginners and experienced traders, making it easy to navigate the cryptocurrency market. Users can execute trades with high liquidity, which means their transactions are completed quickly. The platform charges low transaction fees, sometimes as low as 0%, helping users keep more of their profits. Kraken also provides advanced charting tools to help investors track their investments effectively. Security is a major focus, with multiple protective measures in place to keep user assets safe. The platform supports 70 different asset pairs and is continuously expanding its offerings. Additionally, Kraken offers 24/7 global support to assist users with any questions or issues.

San Francisco, CaliforniaHeadquarters

2011Year Founded

$108.5MTotal Funding

SERIES_CCompany Stage

Crypto & Web3, Financial ServicesIndustries

501-1,000Employees

Benefits

Competitive salary and equity plan

401k contribution plan

Vacation & Generous PTO

Paid Tranings

Risks

Increased competition from Binance and Coinbase could impact Kraken's market share.

Regulatory scrutiny in the EU may raise Kraken's compliance costs.

The volatility of cryptocurrency prices can affect Kraken's revenue from transaction fees.

Differentiation

Kraken offers both spot and futures trading for over 40 digital assets.

The platform provides advanced charting tools for professional traders and technical analysts.

Kraken's 24/7 global support ensures assistance for users at any time.

Upsides

Kraken's acquisition of Staked enhances its staking services for consumers and institutions.

Sponsorship deals with major soccer clubs boost Kraken's visibility and brand recognition.

The rise of crypto derivatives attracts advanced traders to Kraken's sophisticated tools.

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