Here’s What It Takes to Succeed in the World’s Largest Crypto Exchange
Main Takeaways
Binance isn’t a typical 9-5 corporate job - we’re building the future of finance.
That’s why our mission & culture is key to our success.
It takes a different mindset to excel here.
We don’t sugarcoat reality. Being #Hardcore is essential to thriving at Binance.
If you’ve ever considered joining the Binance team, here’s exactly what you need to know about our unique working culture.
Binance has never been a typical organization. Since its inception in 2017 with just 30 people, where all-hands meetings took place in a crowded pantry - to now in 2023, with thousands of remote employees across the globe, Binance has never been a typical 9-5 employer.
Let’s be honest, this organization is not meant for everyone. But, for those ready to build the future of finance, it’s the place to be. The question is - how can one make the most out of a career in Binance?
Be One With the Mission
Binance is the world’s largest crypto exchange by a wide margin. When this is combined with our mission of increasing the freedom of money globally, Binance has the potential to impact billions of lives around the world. The work we do here is important, and our employees live and breathe this mission from day one.
With almost 1.4 billion unbanked people around the world, our work through Binance has never been more important. From offering transparency and traceability, to enabling smoother and more efficient cross-border transfers, we’re at the heart of bringing the freedom of money globally. Everything we do must be focused on bringing this mission to life.
Any successful employee at Binance truly embodies this philosophy. Understanding the importance of our work helps create a mindset that enables them to thrive in this fast-paced and ever-changing industry.
Have a #Hardcore Mindset
If you’re an employee of Binance, it might feel like things are uncertain as change is always present. That’s the nature of the industry in which we operate. But, if you have a hardcore mindset (one of our most important values) and keep producing high-performance results, Binance goes above and beyond to reward those individuals and teams.
To excel at Binance, one must adapt swiftly to internal dynamics and a challenging external environment. This also means being able to thrive in a chaotic setting. After all, a Binance employee’s day-to-day responsibilities will never be defined in a typical “corporate” way. Being comfortable with internal team rotations and navigating ambiguity, while still always delivering for our users, are key qualities that people must have to thrive at Binance.
Someone looking for a slow-paced, predictable 9-to-5 job would be massively disappointed here.
A Typical Day in Binance is Atypical
Every day is different - you’ll never be bored, and you’ll constantly be learning as there are daily challenges that need to be solved. Our culture, the unwritten rules that govern how we behave, interact, and communicate with each other trickles down from our leadership team - which includes being user-focused, hardcore, accountable, and continuously learning.
They lead by example and stick to these core values, creating a culture of excellence where everyone is motivated to do their best work and contribute to the Binance’s success. It also requires you to take ownership when things go wrong and to learn from them.
That’s why we’re open to candid feedback and a direct style of communication. That’s why our CEO encourages all leaders to build teams of self-motivated individuals and avoid micromanaging.
Radically Open & Transparent
Binance is a place where openness and transparency is the norm. In fact, #Humility is one of our core values. Any employee, including our CEO, accepts constructive feedback without any fuss. This level of candor and directness is what enables us to grow, escalate issues, and solve problems quickly.
Another way Binance encourages feedback is through our regular 360-degree feedback approach. Employees are encouraged to be direct and candid. Perhaps, unlike most other companies, Binance also has an open process for internal promotions. This means that any candidate up for a promotion is subject to an all-employee objections process - everyone can have a chance to raise concerns as needed.
This type of honesty and transparency weeds out issues that may not filter up to upper management. It also makes sure that only the best and brightest candidates rise to the top. Like we said, Binance isn’t like any other company - brutal honesty and fairness is part of our DNA.
Like Working From Your Couch?
Binance has a fully remote work culture, where employees have the flexibility to choose their own hours for the most part. This means people from all walks of life can work here comfortably.
Whether you have small children and need time in the mornings to drop them off to school, or you need a couple of hours in the middle of the day to take care of your parents - you have the power to choose the hours that work best for you. The only caveat is that our users’ needs must be met and your teams must feel supported.
Be Comfortable With Discomfort
Not all employees thrive within this type of challenging environment at Binance, and we want to be explicit about the type of employees we want to attract. We’re looking for people that are:
Resilient against change.
Passionate about Binance’s mission to bring the freedom of money globally.
Hardcore and willing to go above/beyond for their team mates.
Most importantly, results-driven who place users at the center of everything Binance does.
Learn & Grow
What often doesn’t get covered by the media is our constant efforts to upskill and develop our employees and part ways with those that are not always performing up to the mark. We do actively encourage employees to explore other opportunities in other teams within Binance or elsewhere, but the truth is, Binance has a unique entrepreneurial culture and upholds high-performance standards.
With over 150 million users worldwide, our focus remains on cultivating a dynamic and innovative environment that propels us forward in the future of finance. In situations where it becomes necessary to part ways due to optimization or performance-related matters, we uphold a commitment to clear and open communication. Throughout this process, our employees are treated with utmost fairness, care, and respect.
To Summarize…
Binance is a constantly evolving organization and has become a magnet for some of the most exceptional and brilliant minds across the globe. Our unique culture, fostered by our entrepreneurial spirit, provides an ideal environment for a select few to truly flourish.
If you’re passionate about embarking on a joint mission of building a better world where the freedom of money becomes a reality, we invite you to explore the incredible opportunities available on our careers page.
Not everything is plain sailing and easy, and change is a constant, but it’s vital for Binance to thrive and actively build the infrastructure for organizing the world's crypto.