Compare Bybit vs. Fairdesk in 2025

Fairdesk

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Description

Founded in 2018, Bybit is a platform specializing in cryptocurrency derivatives, offering both inverse and linear perpetual contracts. Based in the British Virgin Islands, Bybit attracts users globally, encompassing everyone from individual retail investors to seasoned professional traders. The company is led by Ben Zhou, its founder and CEO, who has experience from XM, a prominent forex and CFD trading brokerage. Bybit's team is composed of experts from various sectors, including investment banking, technology companies, the forex market, and blockchain pioneers. Notably, the development team features talent from renowned organizations like Morgan Stanley, Baidu, Alibaba, and Tencent. Our guiding principles emphasize listening, caring, and continuous improvement, all aimed at fostering a quicker, more equitable, and user-friendly trading landscape. Today, Bybit stands out as one of the most reputable, reliable, and transparent cryptocurrency derivatives platforms available. We are dedicated to maintaining a fair and efficient trading environment, providing round-the-clock multilingual support to enhance user experience. Our commitment to innovation and customer satisfaction continues to drive our growth in the competitive cryptocurrency market.

Description

Fairdesk operates as a platform for trading cryptocurrency derivatives, aiming to offer a fair and intelligent trading experience. With the ability to leverage investments up to 125 times, this platform features a seamless web interface and mobile applications that cater to the needs of professional traders. It emphasizes enhanced risk management by allowing simultaneous cross and isolated positions for the same asset. Security is a top priority, as all funds are kept in multi-layered cold storage, with transactions meticulously reviewed and signed offline. The advanced trading engine is capable of processing 450,000 orders each second, achieving a remarkable 99.9% execution rate within just one millisecond. Fairdesk is committed to maintaining a resilient trading infrastructure, even offering compensation to clients for open positions impacted by system outages. Additionally, a dedicated customer service team is available around the clock to assist users with any inquiries or issues. This commitment to reliability and support sets Fairdesk apart in the competitive landscape of cryptocurrency trading.