It has been a busy and fruitful 2 months since our official launch. Curious to know what we’ve been up to? Read on to find out!
🐦Platform updates and new features
Premium Receivable and Payable rate: Conveniently check the estimated premium rate of your position before making a position
Simplified options trading interface: Start trading options with our simplified interface suited for beginners. Easily toggle between TradePROTECT (buy options) and TradeBOOST (sell options)
Streamlined asset pledging process: For selling options, users can easily choose between 25%, 50%, 75% to 100% of their account balance for fuss-free collateral pledging
System Status: Instantly check Sparrow’s current system status
🔥Events
Community meetup in Malaysia
We had a great turnout for our first ever community meetup in Malaysia hosted by Mark Pui, Sparrow’s ambassador. Mark shared insights on the growing crypto derivatives ecosystem, followed by options trading strategies and a walk-through on Sparrow’s platform.
Crypto Coffee Exchange Meetup
Sparrow was also invited for a crypto coffee meetup hosted by grounded.work. We had a great time meeting and exploring potential synergies with exchanges such as ABCC, Biki, Digifinex, Exonium, Liquid, Latoken and ZB.
World eSports & Blockchain Summit MARVELS Singapore
Kenneth (CEO of Sparrow) was invited to WBS MARVELS as a VIP keynote speaker amongst other distinguished VIPs such as Ban Ki-Moon, the 8th Secretary General of the United Nation and Kim Hyeong-Joo, Chairman of the Korea Blockchain Industry Promotion Association.
NYC Blockchain Week: Consensus and The Trading Show
Reuben (CSO of Sparrow) attended NYC Blockchain Week, where he met Sparrow partners and established key connections.
Jubilee Capital Management exclusive project showcase
At this invite-only event, Kenneth shared with investors and stakeholders on Sparrow’s options trading platform which empowers everyone to manage risk and trade with confidence.
Sparrow first ever AMA with Vietnamese community
Sparrow co-hosted an AMA session on Telegram for our Vietnamese communities. Thanks our Vietnam friends — Syndicator, Bitcoin Vietnam News, VikoCapital and VozBlockchain for organising this AMA and helping to lead our Vietnam communities!
📣Announcements
Sparrow hits USD 10 mil in trading volume!
We’re proud to announce that we’ve hit over USD 10 million in trading volume in less than 2 months since launching!
Sparrow teams up with leading custodian BitGo to safeguard users’ assets
“We chose BitGo, a world-class custodian, as our partner to offer our users a safe and secure trading experience.” — Kenneth
Sparrow seeks to list DGX gold token for spot, options, and fiat conversion
We’ve submitted a proposal to Digix DAO for the listing of Digix Gold Tokens (DGX) for spot, derivative (options) and fiat conversions. Proposal has been approved! Look out for Digix options.
Thank you for all your support!
We can’t wait to bring you more exciting news and updates.
Have questions, feedback on Sparrow or just wish to talk crypto? We’d love to hear from you!
