Home
News
- 1 Arthur Hayes, one of the popular names in the crypto world is an American entrepreneur.
- 2 His contribution to the crypto ecosystem is inestimable, offering users a user-friendly interface to do crypto trading.
In the continuously evolving and advancing crypto environment, Arthur Hayes, an American entrepreneur also made a precious contribution. Being a crypto trader and advocate, he holds a strong grasp on the crypto world and added spark to the crypto enthusiasts.
Let’s explore the bio of Arthur Hayes and his contribution to the crypto space.
All You Need to Know about Arthur Hayes
Born in 1985, Arthur Hayes made a well-recognized and reputed image in the crypto world at a young age. Focusing on his early life, he was born in Detroit, Michigan, America, and completed his graduation from Wharton School of Business in 2008. He has a BA in finance and economics and shifted to Singapore for livelihood. Belonging to a middle-class family, he faced lots of struggles in his life which let him become one of the youngest millionaires in African-American crypto history.
Looking towards the career of Hayes, he began his professional journey as a banker in Deutsche Bank in 2008 as an equity derivatives trader and switched to Citibank in Hong Kong in 2011.
While working there, he developed his interest in cryptocurrency and digital currency. The moment came in the spring of 2013 when Hayes latched on to BTC. His first trade netted him numerous thousand dollars.
His continuously rising interest in cryptocurrency made him a key player in the market. In the year 2014, he came up with an idea of cryptocurrency exchange BitMEX, when he was 28. In partnership with Ben Delo and Samuel Reed, he co-founded BitMex, a peer-to-peer crypto trading platform offering users an outstanding trading experience.
As a not-out player on the pitch of crypto, he continuously scored well, not only in terms of money but also in the context of popularity and authority.
He is reported as one of the youngest crypto billionaires in African-American history. His net worth was estimated to be around $550 Million based on his private investments, earnings from BitMEX, and public wallet.
Based on the report of Beingcrypto, he is now one of the largest individual GMX holders owning around 200,580 $GMX.
BitMex at a Glimpse
BitMEX, introduced in 2014 by Arthur Hayes is a crypto trading platform. It is considered to be one of the most advanced crypto trading platforms for Bitcoin, Ethereum, and BMEX. Currently, the platform is owned and operated by HDR Global Trading Limited and emphasizes primarily advanced investors and seasoned traders.
Focusing on the features, deep liquidity for BTC, no deposit or withdrawal fee, professional trading dashboard, and low trading fee make the platform stand out from the competition. In addition, BTC, ETH, SOL, XRP, BNB, DOT, etc. are some cryptocurrencies offered over the platform. The trading fee of BitMEX starts at 0.025% and 0.01% for spot trading. In addition to this, the platform is more secure than other platforms as it is developed using the MPC system which helps individuals deposit or withdraw funds with a high level of security.
Conclusion
Arthur Hayes, the co-founder of BitMEX is one of the youngest billionaires in African American crypto history. He is one of the key players in the crypto market offering an advanced trading platform to crypto enthusiasts.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
