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
Topic: [ANN] Sparrow | Leading options trading platform powered by smart contracts - page 2. (Read 3586 times)
February 21, 2020, 02:11:43 AM
February 20, 2020, 02:09:07 AM
February 14, 2020, 02:51:25 AM
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.
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.
February 10, 2020, 08:20:56 PM
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.
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.
February 04, 2020, 08:27:41 AM
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!
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!
January 25, 2020, 06:21:30 AM
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！
祝大家新年快乐，身体健康，恭喜发财！
January 20, 2020, 02:16:34 AM
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
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
January 06, 2020, 04:15:47 AM
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
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
January 03, 2020, 01:41:44 AM
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.
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.
January 01, 2020, 05:26:04 PM
Happy new year! Cheers to a prosperous and volatile 2020!
- Team Sparrow
- Team Sparrow
December 26, 2019, 12:25:37 PM
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
December 24, 2019, 07:25:38 AM
Happy holidays from all of us at Sparrow!
Wishing you lots of love, joy, and happiness this Christmas.
Wishing you lots of love, joy, and happiness this Christmas.
December 23, 2019, 11:57:10 AM
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
December 17, 2019, 03:13:45 AM
Bitcoin Options Call/Put Ratio Indicates More Bearish Sentiment In The Short Term
https://www.newsbtc.com/2019/12/16/bitcoin-options-call-put-ratio-indicates-more-bearish-sentiment-in-the-short-term/
https://www.newsbtc.com/2019/12/16/bitcoin-options-call-put-ratio-indicates-more-bearish-sentiment-in-the-short-term/
December 11, 2019, 11:52:18 PM
As I see SPO tokens is available for trading already to few pairs? May I convert SPO to Ethereum or other coins right now?
At this moment, Converting SPO to any other cryptocurrency is currently inactive. It is in our plans and interest to have Convert Now feature be available both ways for SPO but, we do not have a fixed date set for it to happen. Why dony you have date? And whats problem with converting to other currencies if you have posibility convert from any currencies to your SPO token? Do you have a problems with liquidity?
Exchange launched half of year ago. And since this time you havent possibility for both way trading your token. It seems strange, as every exchange is trading own token...
Actually SPO can be used in the platform, when you want to trade options - you can use it for 50% fee discount. not too shabby imo!
December 10, 2019, 11:18:41 AM
As I see SPO tokens is available for trading already to few pairs? May I convert SPO to Ethereum or other coins right now?
At this moment, Converting SPO to any other cryptocurrency is currently inactive. It is in our plans and interest to have Convert Now feature be available both ways for SPO but, we do not have a fixed date set for it to happen. Why dony you have date? And whats problem with converting to other currencies if you have posibility convert from any currencies to your SPO token? Do you have a problems with liquidity?
Exchange launched half of year ago. And since this time you havent possibility for both way trading your token. It seems strange, as every exchange is trading own token...
December 08, 2019, 01:00:14 AM
Update on Ethereum Istanbul network upgrade
Ethereum wallet upgrade has been completed.
ETH and ERC20 tokens withdrawals and deposits are now enabled.
👉 Trade now: www.sparrowexchange.com
Ethereum wallet upgrade has been completed.
ETH and ERC20 tokens withdrawals and deposits are now enabled.
👉 Trade now: www.sparrowexchange.com
December 06, 2019, 05:32:11 AM
Dear Sparrow community,
With the upcoming Ethereum Istanbul network upgrade, Sparrow will be suspending all deposits and withdrawals of ETH and ERC20 tokens on the Sparrow platform.
Trading of ETH/ERC20 will not be affected during the upgrade.
ETH and ERC20 tokens deposits and withdrawals suspension
Date: 7 December, Saturday
Time: 8PM (GMT+8)
Learn more HERE
With the upcoming Ethereum Istanbul network upgrade, Sparrow will be suspending all deposits and withdrawals of ETH and ERC20 tokens on the Sparrow platform.
Trading of ETH/ERC20 will not be affected during the upgrade.
ETH and ERC20 tokens deposits and withdrawals suspension
Date: 7 December, Saturday
Time: 8PM (GMT+8)
Learn more HERE
November 27, 2019, 03:36:11 AM
Update
We have completed the scheduled maintenance. Thank you for your support and patience!
Trade now: www.sparrowexchange.com
We have completed the scheduled maintenance. Thank you for your support and patience!
Trade now: www.sparrowexchange.com
November 26, 2019, 11:19:16 PM
Dear Sparrow community, we will be conducting scheduled system maintenance later today.
Sparrow website will be down during this period.
Date: Wed, 27 Nov 19
Time: 2pm (GMT+8) to 2.30pm (GMT+8)
Expected downtime is 30 minutes.
Thank you for your patience.
Sparrow website will be down during this period.
Date: Wed, 27 Nov 19
Time: 2pm (GMT+8) to 2.30pm (GMT+8)
Expected downtime is 30 minutes.
Thank you for your patience.
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