Bootstrap Gallery
  1. Home
  2. Finance
Latest Finance News 🔥
Finance
The Genesis of a Cryptocurrency Trading Revolution: A Hike in Hong Kong
The concept of the perpetual swap, also known as a perpetual future, was conceived on a hiking trail in Hong Kong in 2015. Ben Delo, a mathematician and co-founder of BitMEX, was discussing a problem with his friend Bavik, a derivatives trader. BitMEX had been experimenting with various types of futures contracts, but customers were consistently complaining about their positions being closed with…
July 29, 2026, 1:53 p.m.
Finance
The Birth of a Revolutionary Trading Concept: How a Hong Kong Hike Changed Crypto Forever
In 2015, a hike in Hong Kong's countryside led to the conception of the perpetual swap, a financial instrument that would go on to transform the crypto trading landscape. Ben Delo, a mathematician and BitMEX co-founder, was on a hike with his friend Bavik, a derivatives trader, when he posed a question that would change everything: "What if a future never expired?" The answer, "mathematically, it…
July 29, 2026, 1:53 p.m.
Finance
How a Chance Encounter on a Hong Kong Hike Revolutionized Crypto Trading
The concept of the perpetual swap, also known as a perpetual future, was conceived in 2015 on a hiking trail in Hong Kong. Ben Delo, a mathematician and co-founder of BitMEX, was discussing a problem with a friend, Bavik, a derivatives trader. BitMEX had been experimenting with various types of futures contracts, but customers were consistently complaining about their positions closing unexpected…
July 29, 2026, 1:53 p.m.
Finance
How a Hong Kong Hike Revolutionized Crypto Trading
In 2015, a conversation between Ben Delo and his friend Bavik on a hiking trail in Hong Kong led to the creation of the perpetual swap, also known as a perpetual future or 'perp'. Delo, a mathematician and BitMEX co-founder, was struggling to find a solution to the problems faced by his customers, who were frustrated with their positions closing without warning. They wanted a product that combine…
July 29, 2026, 1:53 p.m.
Finance
How a Hong Kong Hike Revolutionized Crypto Trading Forever
In 2015, a conversation on a Hong Kong hiking trail between Ben Delo, BitMEX co-founder, and his friend Bavik, a derivatives trader, led to the creation of the perpetual swap. Delo was struggling to find a solution to customers' complaints about their positions closing unexpectedly. They wanted a product that resembled spot trading but offered the leverage of derivatives. The concept of a future …
July 29, 2026, 1:53 p.m.
Finance
How a Chance Encounter on a Hong Kong Hike Revolutionized Crypto Trading
In 2015, a casual conversation between Ben Delo, co-founder of BitMEX, and his friend Bavik, a derivatives trader, on a hiking trail in Hong Kong, sparked an idea that would change the face of crypto trading forever. Delo had been struggling to find a solution to a problem that had been plaguing his customers - the constant closure of their positions without warning. The answer, it seemed, lay in…
July 29, 2026, 1:53 p.m.
Finance
The Genesis of a Revolutionary Trading Concept: How a Hong Kong Hike Paved the Way for Crypto's Future
In 2015, a hike in Hong Kong's countryside marked the inception of the perpetual swap, a concept that would forever alter the landscape of crypto trading. Ben Delo, BitMEX's co-founder and a mathematician by training, was grappling with a persistent issue alongside his friend Bavik, a derivatives trader. Despite experimenting with various futures contracts, including quarterly, monthly, weekly, a…
July 29, 2026, 1:53 p.m.
Finance
How a Hong Kong Hike Led to a Revolutionary Change in Crypto Trading
The concept of the perpetual swap, also known as a perpetual future or 'perp,' was born in 2015 on a hiking trail in Hong Kong. Ben Delo, BitMEX co-founder and mathematician, was discussing a problem with his friend Bavik, a derivatives trader. BitMEX had tried various futures contracts, but customers complained about positions closing without warning. They wanted a product that resembled spot tr…
July 29, 2026, 1:53 p.m.
Finance
How a Hong Kong Hike Revolutionized Crypto Trading
The concept of the perpetual swap, also known as a perpetual future, was born in 2015 on a hiking trail in Hong Kong. Ben Delo, a mathematician and co-founder of BitMEX, was discussing a problem with a friend, Bavik, a derivatives trader. They were trying to find a solution to the issue of futures contracts expiring too quickly, causing customer positions to close without warning. Delo asked, "Wh…
July 29, 2026, 1:53 p.m.
Finance
The Birth of a Revolutionary Trading Concept: How a Hong Kong Hike Changed Crypto Forever
The concept of the perpetual swap, also known as a perpetual future or 'perp,' was conceived in 2015 on a hiking trail in Hong Kong. Ben Delo, BitMEX co-founder and mathematician, was discussing a persistent problem with a friend, Bavik, a derivatives trader. BitMEX had experimented with various futures contracts, but customers complained about positions closing unexpectedly. They sought a produc…
July 29, 2026, 1:53 p.m.