How to Buy Aave RAI (ARAI) with Sponge (OLD) ($SPONGE)
To buy Aave RAI using Sponge (OLD), first, find a cryptocurrency exchange that supports the ARAI/$SPONGE trading pair. Create an account, verify your identity, and deposit your $SPONGE into your exchange wallet. Locate the ARAI/$SPONGE pair on the trading platform and place an order to exchange your Sponge (OLD) for Aave RAI. If the ARAI/$SPONGE pair is unavailable, you can first exchange Sponge (OLD) for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Aave RAI. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell Aave RAI (ARAI) for Sponge (OLD) ($SPONGE)
To sell Aave RAI for Sponge (OLD), first, find a cryptocurrency exchange that supports the ARAI/$SPONGE trading pair. Create an account, verify your identity, and deposit your ARAI into your exchange wallet. Locate the ARAI/$SPONGE pair on the trading platform and place a sell order to exchange your Aave RAI for Sponge (OLD). If the ARAI/$SPONGE pair is unavailable, you can first sell Aave RAI for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Sponge (OLD). Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.