San Francisco hedge fund hiring a Bitcoin trader

A San Francisco hedge fund is seeking a new junior trader. Applicants need strong analytical skills, the freedom to work irregular hours, and familiarity with Excel.

Oh, and they should also be cryptocurrency experts.

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It’s the first job posting we’ve seen for a Bitcoin trader, and yet another sign that the financial world is taking virtual currencies seriously. Adam Besvinick, head of business development at Wanelo, tweeted the job posting, which will require the successful applicant to execute Bitcoin trades on exchanges and with private parties. (See image below.)

Bitcoin got a big vote of confidence last month when investors dumped $25 million into Coinbase, a wallet service that lets users buy and sell Bitcoin. But the cryptocurrency faced some challenges last month, too. A Chinese government crackdown caused a major downswing in Bitcoin’s value, and a similar crackdown quickly followed in India.

At the time of publication, Bitcoin is trading at $877 on Mt. Gox, the world’s largest Bitcoin exchange.

Hat tip: BusinessInsider