Thank you for your query and interest in Sparrow’s
digital asset wealth management solutions.
Our team will be in touch with you shortly.
Risk Warning on Digital Payment Token Services
The Monetary Authority of Singapore (MAS) requires us to provide this risk warning to you as a customer of a Digital Payment Token (DPT) service provider. Before you pay your DPT service provider any money or DPT, you should be aware of the following.
1.
Your DPT service provider is licensed by MAS to provide DPT services. Please note that this does not mean you will be able to recover all the money or DPTs you paid to your DPT service provider if your DPT service provider’s business fails.
2.
You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by your DPT service provider.
3.
You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.
4.
You should be aware that your DPT service provider, as part of its licence to provide DPT services, may offer services related to DPTs which are promoted as having a stable value, commonly known as “stablecoin”.
The information provided here is for informational purposes only and is not to be construed as a recommendation or advice to any prospective investor in relation to any legal, tax, financial investment or any other matters. You should consult with an attorney or other professional advisors to determine what may be best for your individual needs.
Sparrow Tech Private Limited (“Sparrow”) does not make any guarantee or other promise as to any results that may be obtained from using our content. In making any decisions regarding our content, prospective users should first consult his or her own financial advisor and rely on their own examination of the terms of the offering, including the merits and risks of investing in the relevant products.
To the maximum extent permitted by law, Sparrow shall not be liable in the event of any information, commentary, analysis, opinions, advice and/or recommendations proving to be inaccurate, incomplete or unreliable, or result in any decisions regarding our content or other losses.
Content contained on or made available through any of our communication channels is not intended to and does not constitute legal advice or investment advice and no attorney-client relationship is formed. Your use of the information on any of our communication channels is at your own risk.
I hereby acknowledge that I have read and understand the contents of the Risk Warning and Disclaimer and I accept and agree with all the terms stated therein.
We use cookies on our website to offer you relevant contents by remembering your preferences, visits and activities. By clicking “Accept”, you consent to the use of all the cookies.
Sparrow offers a digital assets trading platform that endeavors to comply with the highest regulatory and cybersecurity standards. We also provide innovative structured products and white-labeled products in Singapore with a focus on digital asset solutions designed to meet the needs of institutional and accredited clients. Furthermore, we have obtained the Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) to provide Digital Payment Token (DPT) services in Singapore under the Payment Services Act (PSA).
Start trading on our easy-to-use
options trading platform
Learn more about the
Sparrow business
Explore digital asset products tailored to cater to
institutions and accredited clients
Sparrow’s strategic partnerships with
established digital assets entities
Learn about Sparrow's
legal and compliance framework
Meet
Sparrow's Team of Experts
As Seen On
Why Sparrow?
Brand
An established digital assets partner of institutions and wealth managers
Security
Secure technology and processes are at the heart of all that we do
Compliant
We strive to meet high compliance and operational standards
Expertise
Experienced team that bridges traditional and digital asset solutions
Assurance
We help clients meet their objectives with tailored digital asset products and services
Trade Now
Forgot Password
Register
Sparrow Blog
Compliance at the forefront of cryptocurrency
Why is a Major Payment Institution (MPI) licence a key evaluation criterion when selecting a digital assets partner?
How can cryptocurrency drive innovation and efficiency within the financial industry?
