If you’re bearish on ETH (you think the price won’t reach 240 and above), you can sell an ETH call option at strike price 240, expiring on 2nd August 2019 and you could receive 3.03% in premium upfront!
That’s 122.54% Annualized Percentage Returns!
Join the tribe and don’t miss out on really great gains.
https://medium.com/sparrowexchange/sparrow-hits-usd-10-mil-in-trading-volume-326d03f1c1e4
#SparrowOptions #OptionsTrading #HODLSmarter #REKTNoMore #cryptooptions #cryptotrading #BTC #ETH https://sparrowexchange.com

Getting started at Sparrow — Part 2: Topping up your account

For those who have successfully registered an account and passed user verification, congratulations! You’re just a few steps away from making your first trade. Let’s start with topping up your account.
What you need to trade Sparrow Options

To buy options
Get SP$ from ConvertNOW facility to buy options and pay for transaction fees
To sell options
Sparrow Options are fully covered. Deposit digital assets to pledge them as collateral
Sell call: Pledge the asset you are trading — Bitcoin or Ethereum
Sell put: Pledge SP$
You can top up your account according to your trading needs. Here’s how.
Topping up your digital assets
Step 1
After logging in to Sparrow, click on “Funds”, then click on “Deposit” in the drop down menu

Step 2
Click on the “Deposit” navigation at the top left corner to choose the assets you would like to deposit

Step 3
Click “Generate Address” to get your deposit address to deposit your tokens in
Tokens will be deposited after 3 network confirmations — progress can be tracked at the “Pending deposit” section at the bottom of the page

Converting your digital assets
Step 4
To start converting tokens, click on “ConvertNOW” tab

Step 5
Choose your preferred assets to convert at the left side of ConvertNOW Facility
Convert your assets to SP$ to buy options, sell put options and pay for transaction fees
Convert your assets to SPO to enjoy a 50% discount on transaction fees

Step 6
Input the amount you would like to convert and click “Go” to get a real time quotation
Note: quotation will expire in 4 seconds, click “ConvertNow” to confirm your order. If you wish to cancel the order, click “Cancel”

Why choose ConvertNOW Facility (CNF)?
CNF offer the most competitive prices where you can trade BTC or ETH with stablecoins instantly at the best rates, with no hidden fees. Large sizes are no issue. The larger your trade, the better the price. CNF currently supports over 25 trading pairs.

You are now ready to make your first trade! Stay tuned for our next article for a step-by-step guide on making your first trade.

#SparrowOptions #OptionsTrading #HODLSmarter #REKTNoMore #cryptooptions #cryptotrading #BTC #ETH https://sparrowexchange.com

Our Offerings
Sparrow Options
Sparrow Options
More liquid than OTC options and more customizable than exchange-traded options. Enjoy the best of both worlds.
TradePROTECT & TradeBOOST
TradePROTECT & TradeBOOST
Simplified option products
anyone can use. Create an
option in 3 simple steps.
ConvertNOW Facility
ConvertNOW Facility (CNF)
Instantly swap your digital assets
at any specific amounts at the
best market price. Simple, secure
and zero fees.
API Trading
API Trading
Sparrow offers trading APIs
and attractive volume-based
rebates for professionals.
Contact us for more details. #SparrowOptions #OptionsTrading #HODLSmarter #REKTNoMore #cryptooptions #cryptotrading #BTC #ETH https://sparrowexchange.com

Watch this video to help you understand the project: https://www.youtube.com/watch?v=Jv6FhdJIZdM #SparrowOptions #OptionsTrading #HODLSmarter #REKTNoMore #cryptooptions #cryptotrading #BTC #ETH https://sparrowexchange.com