Home Business Arthur Hayes, Why is He so Popular in the Crypto World? 

Arthur Hayes, Why is He so Popular in the Crypto World? 

by Janine Lindsey

Arthur Hayes, the co-founder of BitMEX, has made a significant contribution to the crypto space. As an American entrepreneur and advocate, Hayes holds a strong grasp on the crypto world, adding spark to the crypto enthusiasts.

Hayes was born in 1985 in Detroit, Michigan, America, and completed his graduation from Wharton School of Business in 2008. With a BA in finance and economics, he later moved to Singapore for better opportunities. Coming from a middle-class family, Hayes faced numerous struggles in his life, ultimately becoming one of the youngest millionaires in African-American crypto history.

Hayes began his professional journey as a banker in Deutsche Bank in 2008, working as an equity derivatives trader. He later switched to Citibank in Hong Kong in 2011, where he developed his interest in cryptocurrency and digital currency. In the spring of 2013, Hayes latched on to BTC, making his first trade and earning numerous thousand dollars.

His growing interest in cryptocurrency led him to co-found BitMEX in 2014 at the age of 28. BitMEX, a peer-to-peer crypto trading platform, offers users an outstanding trading experience. Alongside his partners Ben Delo and Samuel Reed, Hayes successfully created a platform that caters to advanced investors and seasoned traders.

Throughout his journey, Hayes has not only scored well in terms of money but also gained popularity and authority in the crypto market. He is reported as one of the youngest crypto billionaires in African-American history, with an estimated net worth of around $550 million. Additionally, Hayes is one of the largest individual GMX holders, owning approximately 200,580 $GMX based on reports from Beingcrypto.

BitMEX, introduced by Hayes in 2014, is considered to be one of the most advanced crypto trading platforms for Bitcoin, Ethereum, and BMEX. The platform, currently owned and operated by HDR Global Trading Limited, emphasizes deep liquidity for BTC, no deposit or withdrawal fee, a professional trading dashboard, and low trading fees compared to its competitors. Furthermore, BitMEX offers a range of cryptocurrencies such as BTC, ETH, SOL, XRP, BNB, DOT, etc. The platform’s security is also enhanced by the use of the MPC system, ensuring individuals can deposit or withdraw funds with a high level of security.

In conclusion, Arthur Hayes, as the co-founder of BitMEX, has emerged as one of the youngest billionaires in African-American crypto history. His contribution to the crypto market is evident through the establishment of BitMEX, offering an advanced trading platform to crypto enthusiasts. Hayes’s success story serves as an inspiration for individuals interested in the ever-evolving crypto environment.

About the author: Nancy J. Allen is a crypto enthusiast who believes in the empowering nature of cryptocurrencies and blockchain technology. She finds inspiration in the idea of individuals becoming their own banks and stepping away from traditional monetary exchange systems.

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