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