How to Buy Bitcoin (BTC) with Sponge (OLD) ($SPONGE)
To purchase Bitcoin using Sponge (OLD), begin by finding a cryptocurrency exchange that offers the BTC/$SPONGE trading pair. Set up 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 swap your Sponge (OLD) for Bitcoin. If the BTC/$SPONGE pair is not available, you can initially exchange Sponge (OLD) for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be aware of potential exchange fees, which differ by platform and can impact the total cost of your transaction.
How to Sell Bitcoin (BTC) for Sponge (OLD) ($SPONGE)
To sell Bitcoin for Sponge (OLD), 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 (OLD). 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 (OLD). Be aware of potential exchange fees, which vary by platform and can affect the total amount you receive.
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