Fee Structure on Sparrow

Deposit Fees

There are no fees for deposits.

Withdrawal Fees

Withdrawal fees will be regularly adjusted according to blockchain conditions.

Option Transaction Fees

We charge a transaction fee of either 0.1% of the notional value of the contract, or 30% of the Instant Premium, whichever is lower. We accept BTC, ETH, SPO or SP$ as payment for the transaction fee.

ConvertNOW Facility (CNF) Transaction Fees 

 We do not charge any transaction fees for ConvertNOW Facility (CNF).

Discounted Transaction Fees

You can enjoy a 50% discount if you use SPO as payment for the transaction fee.

1) If you have enough SPO, we will deduct the fee from your current SPO balance

2) If you do not have enough SPO, we will automatically convert your existing SP$ or underlying asset (in this order) for SPO