{"id":13108,"date":"2022-07-02T09:44:24","date_gmt":"2022-07-02T09:44:24","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/fairdesk-launches-crypto-spot-trading-services\/"},"modified":"2022-07-02T09:44:24","modified_gmt":"2022-07-02T09:44:24","slug":"fairdesk-launches-crypto-spot-trading-services","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/fairdesk-launches-crypto-spot-trading-services\/","title":{"rendered":"Fairdesk Launches Crypto Spot-Trading Services"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Singapore-based and licensed crypto exchange Fairdesk, which previously offered contract trading, is now launching spot trading to fulfill the needs of the market.<\/p>\n<h2><strong>About Fairdesk<\/strong><\/h2>\n<p>Fairdesk is a leading centralized\u00a0cryptocurrency\u00a0exchange specializing in\u00a0derivatives\u00a0products.<\/p>\n<p>Founded in 2021 by former Binance executives and software architects from Morgan Stanley, Fairdesk holds a Money Services Business license from Canada and the United States. It is registered as a Virtual Asset Service Provider with Lithuania\u2019s designated authority. As a fast-growing financial service institution, Fairdesk has strategic partnerships in Russia, Turkey and South Korea.<\/p>\n<h2><strong>What is spot trading?<\/strong><\/h2>\n<p>A spot trade refers to the purchase or sale of a foreign currency, financial instrument, or commodity for instant delivery on a specified spot date.<\/p>\n<p>Starting June 30, 2022, Fairdesk allows users to buy and sell cryptocurrencies in the spot market. It has spot-trading pairs for Bitcoin (<a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">BTC<\/a>), Ether (<a href=\"https:\/\/igaming.org\/cryptocurrencies\/ethereum-alternative-coin\/\">ETH<\/a>), Litecoin (<a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-litecoin\/\">LTC<\/a>), Tron (TRX), and BNB (BNB) and plans to add more based on traders\u2019 interests.<\/p>\n<p>The new spot-trading functionality can complement the needs of low-risk traders. Compared to derivatives trading, spot trading is more secure to hold and trade at longer periods. Traders can now manage their portfolios with risks and profits comfortably.<\/p>\n<p>Fairdesk offers spot-trading to users at this particular time because the market is experiencing a downturn.<\/p>\n<p>Jacky Choi, co-founder of Fairdesk, said:<\/p>\n<blockquote>\n<p>\u201cWe are giving out benefits to our spot traders to help them ride the waves and benefit from the market downtrend.\u201d<\/p>\n<\/blockquote>\n<p>For regular traders, market-maker and -taker fees are currently as low as 0.1%. Users will get trading-fee discounts as they level up their VIP status.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/fairdesk-launches-crypto-spot-trading-services\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Singapore-based and licensed crypto exchange Fairdesk, which previously offered contract trading, is now launching spot trading to fulfill the needs of the market. About Fairdesk Fairdesk is a leading centralized\u00a0cryptocurrency\u00a0exchange specializing in\u00a0derivatives\u00a0products. Founded in 2021 by former Binance executives and software architects from Morgan Stanley, Fairdesk [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":13109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13108"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=13108"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/13109"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=13108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=13108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=13108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}