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