9/27, 5:08 PM (Source: TeleTrader)
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Crypto, banking officials launch new exchange platform Fairdesk

Six former executives from Binance cryptocurrency exchange and three software developers previously from Morgan Stanley bank announced on Monday the launch of a new crypto exchange called Fairdesk.

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.

"The crypto trading business is still very young and a lot could be done to make the trading faster, securer 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," said Jacky Choi, Fairdesk co-founder.

Breaking the News / LH