Bitmex co-founder became the youngest British billionaire

British media reported that 34-year-old Ben Delo, co-founder of the Bitmex crypto-exchange, became the youngest British billionaire who succeeded on his own.

According to The Sunday Times article, in the final issue of Ben Dong College, according to the results of the vote, he was recognized as a student with the greatest chance of becoming a millionaire. In addition, within the same vote, he took second place among the most likely candidates for imprisonment based on his performance.

Now the British media called Bitmex co-founder the first Briton who became a billionaire with the help of cryptocurrency, and the youngest British billionaire who achieved success on his own - now he is only 34 years old.

In 2005, Ben Delo graduated with honors from Worcester College, one of the colleges of Oxford University in the field of computer science and mathematics. Then he worked at IBM as a software engineer, and then moved to Hong Kong to work for JP Morgan.

The Bitmex exchange was founded by Ben Delo, Samuel Reed and Arthur Hayes in 2014. The case noted that they had to work hard to launch the exchange:

"I have had my nose down in a start-up for the past four years. I was doing 18-hour days at one point."

Delo also told that he lived in rooms that he shot through Airbnb, because the company brought a small income in the early stages. As he also said, due to lack of funds, he and his wife mostly eat in McDonald's. The case claims that even now it is trying to maintain a modest lifestyle, drawing inspiration from the style of life of Warren Buffett and Bill Gates. In addition, he constantly donates funds to various charitable organizations.

Bitmex quickly rose and took a prominent place in the market by offering a large leverage for crypto-exchange contracts. Due to this, the exchange currently has the highest indicator on the volume of trading among the world's crypto-exchange sites.

Now Bitmex boasts a 24-hour trading volume of about $ 2.55 billion - almost $ 900 million more than the second-largest daily trading volume of the Coinex exchange ($ 1.66 billion). In addition, the daily Bitmex performance is almost twice as high as the similar volume of the third on the Binance exchange list ($ 1.33 billion).