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How to Buy Canadian Dollar (CAD) with Sponge ($SPONGE)

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

How to Sell Canadian Dollar (CAD) for Sponge ($SPONGE)

To sell Canadian Dollar for Sponge, first, find a cryptocurrency exchange that supports the CAD/$SPONGE trading pair. Create an account, verify your identity, and deposit your CAD into your exchange wallet. Locate the CAD/$SPONGE pair on the trading platform and place a sell order to exchange your Canadian Dollar for Sponge. If the CAD/$SPONGE pair is unavailable, you can first sell Canadian Dollar 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.