how about the ecosystem of the Sparrow Token, is it similar to Stablecoin?
We have 2 coins, one is SPO which is a native payment token on Sparrow platform, You get 50% discount on transaction fees while using it. We also have Sparrow Dollar (SP$), which is a settlement currency of Sparrow platform. It allows traders to settle contracts easily with a commonly denominated settlement currency.
that means, SPO tokens will not have value and its only used to access services on the Sparrow platform ?
I also heard the minimum convert is 1000 SPO, that means a bonus 100 SPO for registering an account not worthless at all. this is like fraud to get free KYC for the new user, you don't respect them.
Hi Vimdesk,
We hope to welcome you to our platform with the Welcome Bonus and facilitate your trading experience at Sparrow.
We'll also have more campaigns coming up, so stay tuned if you are interested.
More info on SPO - With SPO, users get to enjoy 50% off transaction fees on Sparrow
- For SPO now, only can buy on ConvertNOW Facility
- Sell is disabled for now, when it is available will inform the community
- SPO can be withdrawn to any ERC20 wallet, but not sent to any exchanges as it is not supported on any other exchange currently
- We will announce when we have official updates regarding trade activation or any exchange listings