Sparrow Exchange Review: Is It Safe or Just Another Crypto Trap?

When you hear Sparrow Exchange, a crypto trading platform that claims to offer low fees and fast trades. It's not listed on major crypto directories, has no public team, and zero verified user reviews. That’s not a coincidence—it’s a warning sign. Many new crypto exchanges pop up promising the moon, but vanish before you can withdraw your first dollar. Sparrow Exchange fits that pattern exactly.

What makes a crypto exchange worth using? Trust score, a metric based on liquidity, user feedback, and regulatory compliance matters more than flashy ads. Platforms like Binance or Kraken have trust scores above 80 because they’ve been around, proven their security, and opened their books to audits. Sparrow Exchange? No trust score exists because no one tracks it. That’s not an oversight—it’s a red flag. Then there’s custodial control, when the exchange holds your keys instead of you. If Sparrow Exchange asks you to deposit crypto without giving you full access to your wallet, you’re trusting strangers with your money. And history shows that’s how $56 million vanishes overnight, like it did with BitForex.

Most users don’t realize how many fake exchanges copy names, logos, and even fake testimonials from real platforms. Sparrow Exchange might look real—but if you can’t find its headquarters, its team, or its license number, it’s not real. You don’t need a PhD to spot this. Just ask: Can I withdraw my funds anytime? Is there public proof they’re not running a Ponzi? Are there real user complaints on Reddit or Trustpilot? If the answer to any of those is no, walk away.

The posts below aren’t just reviews—they’re autopsy reports. You’ll find breakdowns of exchanges that shut down, platforms that disappeared with user funds, and others that hid their ownership like criminals. We cover ZKE Exchange, Cobinhood, Amaterasu Finance, and BitForex because they all followed the same path: hype first, transparency never. Sparrow Exchange is likely next on that list. Don’t wait until it’s too late. Learn what to look for before you deposit a single coin.