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