Bitmex co-founder is Britain's youngest billionaire

Bitmex co-founder is Britain's youngest billionaire

According to British media, 34-year-old Ben Delo, co-founder of cryptocurrency trading platform Bitmex, is the first and youngest Briton to become a billionaire using cryptocurrency.

According to The Sunday Times, Ben Delo was ranked first in the college yearbook for "student most likely to become a millionaire" and second for "student most likely to go to prison." 

In 2005, Ben graduated with honors from Worcester College, Oxford, with a degree in Mathematics and Information Technology. Ben then worked for IBM as a software engineer, and then moved to Hong Kong and worked for JP Morgan.

In 2014, Ben Delo, along with Samuel Reed and Arthur Hayes, founded the cryptocurrency platform Bitmex. Ben describes the work done to launch the trading platform as follows: “I spent four years working on this startup, sometimes 18 hours a day.” 

While the company had very modest capital in its early days, Ben and his wife rented a room through Airbnb and ate at McDonald's. The billionaire claims that he still leads a modest lifestyle, following the example of Warren Buffett and Bill Gates, and regularly donates funds to charity.

Bitmex quickly gained popularity by offering highly efficient cryptocurrency contracts, thanks to which, according to Coinmarketcap, it has the largest trading volumes among cryptocurrency exchanges.

Currently, trading volume on the site is $2.55 billion per day, which is almost $900 million more than the second-largest exchange in terms of trading volume, Coinex ($1.66 billion), and $1.1 billion more than the third-largest exchange, Binance ($1.33 billion).


According to news.bitcoin.com

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