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