Senior Software Backend Engineer, Coinbase
Developer, Onchain Payments
$180.6-212k
+ Target bonus + Target equity
Digital currency exchange
Job no longer available
Digital currency exchange
1001+ employees
Job no longer available
$180.6-212k
+ Target bonus + Target equity
1001+ employees
Company mission
To increase economic freedom for more than 1 billion people.
Role
Who you are
- 6+ years of experience in software development with a strong focus on backend development working closely with frontend engineers; crypto experience is a plus
- Mastery of Go and/or Ruby; experience with Solidity is a plus
- Proven track record of rapidly shipping high-quality backend systems
- Solid understanding of Ethereum and EVM-compatible chains and experience with developing smart contracts
- Demonstrated commitment to excellent developer experiences and open source code, especially in relation to crypto and payments
- Solid understanding of distributed systems, microservices architecture, and event-driven architectures, including experience with databases (PostgreSQL, MySQL, MongoDB), caching systems (Redis, Memcached), and message queues (Kafka, RabbitMQ)
- Experience with developer operations, including Cloud providers such as AWS and containerization technologies such as Kubernetes
- Solid understanding of web security best practices and experience with implementing secure coding practices for financial systems
- Exceptional problem-solving skills and ability to find elegant solutions to complex challenges in the crypto payment processing domain
- Outstanding communication, leadership, and collaboration skills, with the ability to work together effectively with cross-functional partners
- Bachelor's or Master's degree in Computer Science, Software Engineering, or equivalent experience
What the job involves
- In the past few years, the foundational technology required for crypto to replace traditional payment rails has finally come online: stablecoins, cost-effective L2 networks, and Coinbase Smart Wallet
- This represents a multi-billion dollar opportunity for Coinbase to disrupt the payments industry by leveraging its leading position in onchain development and deep expertise of existing fiat rails
- To fulfill this goal, the team’s work will include both 0-1 product development and building off of the existing Coinbase Commerce product. It’s best to think of the team as a start-up within Coinbase looking to find product market fit for a radically new approach to payments
- Bring a 0-to-1 product to life to replace the global payment stack with crypto rails
- Design, develop, and maintain a scalable, reliable, and secure, payment processing backend using Go, Ruby, and Solidity
- Work with frontend engineers to rapidly prototype user flows, gain market feedback and adjust accordingly, productionizing code as necessary
- Build the backend orchestration for a novel open-source web3 payment protocol
- Work closely with product managers, designers, and other cross-functional partners to find product market fit
- Leverage, maintain, and improve upon an existing legacy codebase of Coinbase Commerce
- Follow and evangelize engineering best practices, ensuring operational excellence and sound maintenance of legacy code
- Optimize backend performance, ensuring fast transaction processing, efficient resource utilization, and four 9’s of availability
- Troubleshoot and debug complex fullstack issues
Our take
Coinbase has built a reputation as one of the most accessible entry points into the world of cryptocurrency. With features like crypto wallets, direct bank account linking, and merchant payment tools, it's helping bring crypto into the mainstream. But the company isn't just relying on its early success, it's evolving fast to stay relevant in a rapidly changing market.
For example, its doubled down on institutional clients, now serving as the custodian for the majority of approved Bitcoin and Ethereum ETFs. Its Prime platform also offers a full suite of services for hedge funds, asset managers, and financial institutions. As demand for regulated crypto products rise globally (particularly in Asia), Coinbase is ready to expand.
Its also making moves to engage with younger audiences, by partnering with Riot Games to sponsor global eSports events for League of Legends and Valorant. This partnership highlights Coinbase's strategy to integrate Web 3.0 technologies into mainstream entertainment, aiming to bridge the gap between gaming and cryptocurrency for a new generation of users.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-24% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Oct 2018
$300m
GROWTH EQUITY VC
Aug 2017
$108.1m
SERIES D
Total funding: $528.5m
Leadership
Brian Armstrong
(Co-Founder & CEO)Previously founded UniversityTutor.com, also worked as a Software Engineer at AirBnb
Alessia Haas
(CFO)Previously held various head positions, including VP at GE Healthcare, Director at Merrill Lynch and CFO at CIT Bank and Oz Management
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