Fairdesk will enable users to place long and short orders and profit from bearish and bullish tactics. The crypto exchange bases its work on four core features: security, fairness, reliability, and high-performance infrastructure. Find out in this article “What is Fairdesk Exchange? Review Features Fairdesk Exchange”
What is Fairdesk?
Six former Binance executives and three former software architects from the FICC department of Morgan Stanley launched a new crypto exchange called Fairdesk this September.
Fairdesk is a forward-looking company focusing on building a platform that enables traders to go both long and short, profit from both bullish and bearish markets, with leverage up to 125X. Fairdesk strives for security, fairness, reliability, and high performance.
Jacky Choi, one of the co-founders of the crypto company, joined Binance as a technology executive after working more than five years with Morgan Stanley. He mentioned:
“The whole crypto trading industry is quite fascinating as blockchain is the future and users are very active. However, the crypto trading business is still very young and a lot could be done to make trading faster, secure, and fairer.
We shared the ideas with our former colleagues, and all of us decided to create a new trading platform together to make it happen and we have made it.”
Fairdesk's Core features:
- Security: With all funds stored in multi-level cold wallets and every transaction scrutinized manually and signed offline, Fairdesk ensures the highest level of protection to its customers and stakeholders. Cold wallets are mostly disconnected from the network and are least susceptible to network-based attacks.
- Fairness: Carefully designed mark price, funding rate, and stepping liquidation process help limit the scale and frequency of liquidation, thus protecting client's assets in most market situations. The trading commission is set at the lowest levels in the industry, leaving the profits to the clients.
- Reliability: Fairdesk's trading infrastructure is designed to be reliable. They claim that if the system goes down, they will compensate clients who have open positions. This further demonstrates their determination to provide a highly reliable service to their clients.
- High-performance infrastructure: Their proprietary match engine can efficiently handle more than 450,000 orders per second, with 99.9% of orders being executed within one millisecond, providing their clients with a blazingly fast trading experience.
Why Fairdesk Exchange
We empower participants to execute critical investing, trading, and risk decisions with confidence by providing high-grade cryptocurrency derivative exchanges. In Fairdesk, our clients could easily trade cryptocurrencies, commodities, stocks, and other derivative products with less fee and better service.
Advantages of Fairdesk
|Commission Rate||0.01% / 0.015 for btcusdt|
0.018% / 0.028% for others
|Social Media Bonus||$60||0||0||0|
|Deposit Bonus||5% of the deposit amount, up to $300.||$50||$70||$10|
|Referral Program||Up to $10 as long as the referee has…||up to 40% commission every time when…||A $20 bonus in USDT and an unlimited number…||Invite friends to register and deposit to get $15…|
|System failure compensation||YES||NO||NO||NO|
- Fairdesk Vision: Fairdesk is a forward-looking company focusing on building a platform that enables traders to go both long and short, profit from both rising and falling markets, with leverage up to 125X. Fairdesk stands for transparency, trust, security, and lower costs.
- Reliability Fairdesk Exchange: The trading infra is designed to be robust and we are serious about it – we will compensate clients having open positions if a system outage happens.
- Security Fairdesk Exchange: All funds are stored in multi-level cold wallets; transactions are humanly scrutinized and signed offline.
- Transparency And Trust: All trades and asset transfer records are synchronized to blockchain-backed storage – no manipulation. Traders can view trading records in an open-source browser with a secured key.
- Fairness: The marked price, funding rate, and stepping liquidation process are carefully designed to limit the scale and frequency of liquidation and protect the client's assets.
- System Performance: Our proprietary match engine could handle 450,000 orders per second with 99.9% executed within 1 millisecond.
How to create an account Fairdesk Exchange
To register an account, follow these steps
Step 1. Open https://www.fairdesk.com/ and click the [ Register ] button in the upper right corner.
Step 2. Enter the email address and password, carefully read the terms of services and tick it, and then click [Register].
- For account security, please enter at least 6 characters when setting the password.
- If you need to fill in the referral ID, please fill it in after checking with your referrer. Once successful registration, the referral relationship cannot be changed.
Step 3. In the verification window, move the puzzle to perform security verification.
Step 4. In the security verification window, please correctly enter the verification code which is automatically sent to your email address.
Step 5: After entering the correct verification code, youwill automatically log in and enter inthe home page. Now congrats to you of registering successfully.
Trading fees Fairdesk Exchange
Our Vision is to Become the Most Secure, Trustworthy And Cost Effective Trading Platform，Each trade is traceable and can be proven to be untouched after the transaction. You can see more here:
Fairdesk Welcome Bonus
We care about Fairdesk users and we would like to reward you for your trust. We have a welcome bonus for each of our users.
How to get a Welcome Bonus?
- Sign up & Login – Receive $5 in USDT
- Deposit USDT/BTC – Get 5% of the deposit amount, up to $300 in USDT
- First Contract Trading – $50 in USDT
- Invite friends – $10 in USDT as long as the referee registered, up to $300 when the referee first deposits, and up to 35% rebate.
Bonus for new users
- Deposit BTC ($300): Deposit BTC to get a 5% bonus of the deposit amount. The more you deposit, the more you will get, up to 300USDT.
- Deposit USDT($300): Deposit USDT to get a 5% bonus of the deposit amount, the more you deposit, the more you will get, up to 300USDT.
- Social Media Bonus($10): Follow @FairdeskGlobal Twitter account and retweet the pinned tweet, you can get this bonus.
- Social Media Bonus($50): Follow @FairdeskGlobal Twitter account and share it to any of your other social media platforms. The bonus will be awarded if the cumulative number of likes reaches 10.
- Trade BTCUSDT($10): Open your first perpetual contract trading BTC/USDT with a margin > $199, you can get this bonus.
- Trade BTCUSDT($50): Open your first perpetual contract trading BTC/USDT with a margin > $1999, you can get this bonus.
- Alternative Bonus($30): Open your first perpetual contract trading in another trading pair (Exclude BTC/USDT) with a margin > $1999, you can get this bonus.
Deposit Gift ($80)
Alternative Deposit Bonus: Complete deposit the specified currency, and the cumulative deposit amount reaches the specified threshold to get the reward.
- ADA >= 840
- BNB >= 4.8
- DOT >= 54.5
- DOGE >= 8300
- ETH >= 0.6
- LINK >= 67
- LTC >= 11
- TRX >= 17500
- UNI >= 80
- XRP >= 1850
Terms and conditions
The welcome bonus could be used to open positions, pay transaction fees, or make up losses. The bonus itself does not support withdrawal and transfer, while the trading profit by trading through the gift money supports withdrawal and transfer.
- The welcome bonus could be used to open positions, pay transaction fees, or make up losses. The bonus itself does not support withdrawal and transfer, while the trading profit by trading through the gift money supports withdrawal and transfer.
- A new user could only get the deposit bonus once.
- The user is entitled to get a trading bonus once.
- If your account is blocked due to the creation of multiple accounts, please contact the online customer service or send an email to firstname.lastname@example.org. Fairdesk will refund your recharge.
- Users who complete the task will receive the bonus from the platform within 1 ~ 3 working days. For details, you can view it in the fund history of the account.