How to Buy Binance-Peg Filecoin (FIL) with Sponge (OLD) ($SPONGE)

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