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Exchange record

Fairdesk

Singapore-based centralized cryptocurrency exchange offering spot and futures trading. Fairdesk stated that it launched in 2021 and announced in October 2024 that changing market conditions and regulatory changes had led it to permanently close. Trading positions were scheduled to close on 2024-10-17, withdrawals remained available during the wind-down, and final platform closure was set for 2024-11-30.

CEXDeadVoluntary shutdown
Also known as: Fairdesk Cryptocurrency Exchange, Fairdesk crypto exchange

Registry sequence

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Key facts

Launch date
2021-01-01
Death date
2024-11-30
Years
2021–2024
Origin
Singapore
Confidence
high
Last verified
2026-06-13

URL handling

Preferred action
Use current URL handling based on status below.
URL status
Unknown
Original URL
https://www.fairdesk.com/
Archived URL
View archived site

Summary

Singapore-based centralized cryptocurrency exchange offering spot and futures trading. Fairdesk stated that it launched in 2021 and announced in October 2024 that changing market conditions and regulatory changes had led it to permanently close. Trading positions were scheduled to close on 2024-10-17, withdrawals remained available during the wind-down, and final platform closure was set for 2024-11-30.

Timeline

Fairdesk launched
2021-01-01launchedmedium

Fairdesk's closure announcement described the exchange as officially launched in 2021 and offering spot and futures cryptocurrency trading.

Fairdesk announced permanent closure
2024-10-11shutdown_announcedcritical

Fairdesk announced that all futures and spot positions would close on 2024-10-17, that only withdrawals would remain during the wind-down, and that the platform would permanently close on 2024-11-30.

Fairdesk reached its announced final closure date
2024-11-30shutdown_effectivecritical

Fairdesk's published wind-down schedule set 2024-11-30 as the permanent closure date after a withdrawal-only period.

Evidence

Fairdesk Cryptocurrency Exchange Announces Permanent Closure of Platform by November 30, 2024
Fairdesk crypto exchange / PR Newswire2024-10-11official_statementhigh reliabilityentityarchive
Fairdesk crypto exchange to shut down over regulatory concerns
Cointelegraph via TradingView2024-10-12news_articlemedium reliabilityentityarchive
Fairdesk permanent closure release
Fairdesk crypto exchange / PR Newswire2024-10-11official_statementhigh reliabilityeventarchive
Fairdesk crypto exchange to shut down over regulatory concerns
Cointelegraph via TradingView2024-10-12news_articlemedium reliabilityeventarchive
Fairdesk permanent closure schedule
Fairdesk crypto exchange / PR Newswire2024-10-11official_statementhigh reliabilityeventarchive
Fairdesk crypto exchange to shut down over regulatory concerns
Cointelegraph via TradingView2024-10-12news_articlemedium reliabilityeventarchive

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Notes and record state

Record note
Launch date is year-level and stored as 2021-01-01 for schema consistency. death_reason is voluntary_shutdown because the operator announced an orderly permanent closure; regulatory change was one stated factor rather than a documented enforcement order. The current redirect or dead-domain state of the original domain is not asserted without a fresh URL verification, so official_url_status remains unknown.
Revision state
Records may be incomplete, approximate, contested, or revised as better evidence becomes available.
This record may be incomplete or revised. Dead-side entries prefer archived URLs over original domains. Dates, causes, and classifications may change when stronger evidence becomes available. Contact / corrections

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