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How to Buy Binance-Peg XRP (XRP) with Sponge ($SPONGE)

To purchase Binance-Peg XRP using Sponge, firstly, look for a cryptocurrency exchange that supports the XRP/$SPONGE trading pair. Make an account, verify your identity, and deposit your $SPONGE into your exchange wallet. Find the XRP/$SPONGE pair on the trading platform and place an order to exchange your Sponge for Binance-Peg XRP. If the XRP/$SPONGE pair is not available, you can initially exchange Sponge for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Binance-Peg XRP. Keep in mind potential exchange fees, which vary by platform and can affect the total cost of your transaction.

How to Sell Binance-Peg XRP (XRP) for Sponge ($SPONGE)

To sell Binance-Peg XRP for Sponge, firstly, find a cryptocurrency exchange that supports the XRP/$SPONGE trading pair. Create an account, verify your identity, and deposit your XRP into your exchange wallet. Locate the XRP/$SPONGE pair on the trading platform and place a sell order to exchange your Binance-Peg XRP for Sponge. If the XRP/$SPONGE pair is not available, you can first sell Binance-Peg XRP for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Sponge. Be mindful of potential exchange fees, which differ by platform and can affect the total amount you receive.