[ANN] Sparrow | Leading options trading platform powered by smart contracts

[vennali]

Happy holidays from all of us at Sparrow!

Wishing you lots of love, joy, and happiness this Christmas.  

[vennali]

What will be your option play this Christmas?

Pick the position that you think will generate the most ROI - 3 lucky winners will stand to win 100 USDT each! 🎅💰

Participate now: by Clicking HERE

Less than 24hrs to go!! Do join in and get a chance to win 100USDT.

[vennali]

Happy new year! Cheers to a prosperous and volatile 2020!

- Team Sparrow

[vennali]

3 Strategies to Combat Crypto Market Volatility with Options Trading

We have all heard stories of crypto traders losing over 50% within weeks or even days. This is what happens when amateurs do not know how to control risk. Options when used correctly can help you combat crypto market volatility and even profit from it. I am going to share 3 strategies that professionals use daily.
Read more by clicking HERE or the top headline.

[vennali]

What will be your option play Christmas quiz — Announcement of winners
Congratulations to the winners of our options trading Christmas quiz!

Based on the settlement price of 7,165 USD on 27 December, the correct answer which will generate the largest options payoff is

d) Sell put — Earn $1,200

[vennali]

3 smart ways to bet on the upcoming bitcoin halvening with options

Are you prepared for the upcoming Bitcoin (BTC) halvening? Learn more about how you can not only protect, but also boost your crypto portfolio with options.
Read the article by clicking HERE

[vennali]

Wishing everyone a healthy, happy & prosperous lunar new year with your family and friends. 
 
祝大家新年快乐，身体健康，恭喜发财！

[vennali]

Boosting your trades with crypto options
Options, being versatile tools, enable you to boost your trades in any market condition, whether you think the market is going up, down or sideways. Click on the headline to read more! 

[vennali]

Feeling bullish? Buy a Call option.

If you think that prices will move up, and you want to trade 1 BTC worth of value but do not have 1 BTC, you can buy a Call option and profit from Bitcoin’s volatility.

[vennali]

How are trades settled on Sparrow?
What is Settlement?

Settlement is a process that takes place on the Settlement Date to determine whether your option will settle In-The-Money or Out-The-Money. Smart Contracts calculate the difference between the Strike Price and the Settlement Price to determine how to transfer assets appropriately to Buyer and Seller.

Sparrow Options are European which means they can only be settled on the Settlement Date. If Sparrow Options are In-The-Money, they are automatically settled. If they are Out-The-Money, the underlying assets are returned to the Seller.

Sparrow Options are cash-settled. The cash settlement amount is the difference between the Settlement Price and Strike Price. This is unlike physically-settled options, where settlement is done with the physical delivery of the underlying assets.
Read more on Sparrow's official medium page.

[vennali]

Buying a crypto option contract

Read by clicking the picture or link above.

[vennali]

 We’re moving from USDT OMNI to ERC20 protocol for faster transactions, lower withdrawal fees & greater compatibility across platforms.

 USDT deposits & withdrawals will be temporarily suspended on Wednesday, 26 February, 2pm (GMT+8) to facilitate the swap. 

Read more by clicking HERE

[sv.alyona]

SPARROW in his tweeter announced that they had completely completed the migration, the transition from the USDT OMNI protocol to the ERC20 protocol, which will help to significantly speed up transactions and reduce the transfer fee
https://twitter.com/SparrowExchange/status/1232557650858008576?s=20

[magisterr]

When your SPO token will be available for trading? Almost one year has been passed and there is no possibility ti trade SPO to any other currency   

[Sparrow Exchange]

When your SPO token will be available for trading? Almost one year has been passed and there is no possibility ti trade SPO to any other currency   

Hello! Sparrow tokens (SPO) are native payment tokens on the Sparrow platform. With Sparrow tokens (SPO), users can enjoy 50% discount on transaction fees for their trades.

We recommend you to try out trading on Sparrow to make full use of SPO tokens

Right now SPO can be bought with other crypto at Sparrow's ConvertNOW facility or you can tick the checkbox at the trading interface to automatically "use SPO for fees".

SPO cannot be sold for other crypto at the moment.

Follow us on our official channels for any announcements or updates!

Website: https://www.sparrowexchange.com

Blog: https://blog.sparrowexchange.com/

Medium: https://medium.com/@FriendlySparrow

Telegram chat: https://t.me/SparrowExchange

Telegram announcement: https://t.me/sparrow_ann

Facebook: https://www.facebook.com/SparrowExchange/

Twitter: https://twitter.com/SparrowExchange

LinkedIn: https://www.linkedin.com/company/sparrowexchange/

Youtube: https://www.youtube.com/channel/UCXW1AX7vdgkcIxNaZJFRFwg

Bitcointalk: https://bitcointalk.org/index.php?topic=5146551.msg51185904#msg51185904

Reddit: https://www.reddit.com/r/SparrowExchange/

 

[Sparrow Exchange]

Sparrow and Elliptic join forces to strengthen global compliance capabilities

Sparrow is pleased to announce our partnership with Elliptic, the leading cryptocurrency compliance provider to step up customer protection with enhanced global compliance and anti-money laundering (AML) capabilities.

“We are pleased to announce our partnership with Elliptic, a globally renowned cryptoasset compliance provider who shares our mission to reduce the flow of illicit funds while improving trade surveillance. Their market leading transaction monitoring product, Elliptic Navigator, with its extensive blockchain database and capabilities will enable our team to manage risk in a systematic and automated way. We are committed to ensuring that Sparrow remains a safe, secure and compliant platform by global standards.” said Kenneth Yeo, CEO of Sparrow.

Learn more: https://blog.sparrowexchange.com/sparrow-and-elliptic-join-forces-to-strengthen-global-compliance-capabilities/

[vennali]

7 more days to Bitcoin Halvening!

Check out what our CEO Kenneth and other industry experts have to say!

[vennali]

Feeling bullish? Buy a Call option.

[vennali]

Trade on the go! Sparrow now optimized for mobile.



Seize opportunities anytime, anywhere with our mobile optimized options trading interface!*

- Buy and sell option contracts in just a few steps using our simplified interface

- Boost your returns and sieve through option contracts by potential return and APR

- Buy and sell cryptocurrencies and stable tokens at the best price with ConvertNOW Facility (CNF)
 
Check it out now 👉 www.sparrowexchange.com

*Mobile view is currently optimized for iOS devices. Stay tuned for updates regarding optimized mobile support for other devices such as Android

[gettingrektallthetime]

Trade on the go! Sparrow now optimized for mobile.

https://i.imgur.com/Ugv0gIG.gif

Seize opportunities anytime, anywhere with our mobile optimized options trading interface!*

- Buy and sell option contracts in just a few steps using our simplified interface

- Boost your returns and sieve through option contracts by potential return and APR

- Buy and sell cryptocurrencies and stable tokens at the best price with ConvertNOW Facility (CNF)
 
Check it out now 👉 www.sparrowexchange.com

*Mobile view is currently optimized for iOS devices. Stay tuned for updates regarding optimized mobile support for other devices such as Android

Nice, i like how it shows the APR rate, I can easily see which options contract can give me the best ROI