PODCAST: Working at a crypto trade amid the bear market, Gracy Chen of Bitget

Key Takeaways

• Gracy Chen, managing director at cryptocurrency trade Bitget, joins the CoinJournal podcast
• Bitget has not solely averted layoffs, however are hiring
• Chen talks about her journey into crypto, the bear market, the longer term and extra

It’s been a turbulent final 12 months or so for crypto.

Then trade has contracted massively following the bull market hysteria through the pandemic years of 2020 and 2021. Layoffs have besieged the house, with the macro local weather turning bearish alongside some crypto-native scandals to make issues worse.

Nevertheless it’s not all dangerous. I spoke with Gracy Chen, Managing Director of crypto trade Bitget, who not solely has averted layoffs, however is definitely hiring.

We chatted about her uncommon journey into crypto – one thing I all the time discover attention-grabbing – in addition to the enlargement of Bitget, with it solely being launched in 2018. Chen additionally delved into what has helped them keep away from layoffs, with a comparatively lean staff of workers to start with, particularly in comparison with another exchanges.

After all, it’s tough to speak about crypto and never point out a number of the headwinds which have struck the trade over the past 12 months or so. We discuss by the FTX collapse, the falling quantity and costs within the house, and all the remainder of the bear market challenges.

Chen has been vocal on Twitter about her bullishness of Bitcoin, one thing I couldn’t resist asking her about. I received’t spoil it right here, however she offers a prediction on the Bitcoin value in ten months time. Value predictions are one thing that many friends are reluctant to do, so hat tip for the bravery!

All in all, Chen has had a really intriguing journey by crypto, and in working at Bitget, is within the coronary heart of the storm. It was enjoyable chatting to her about her story and getting her tackle the bear market, the way forward for crypto, and her perception into Bitget. We’ll ensure to get her on once more!