How to Buy Dai (DAI) with Sponge (OLD) ($SPONGE)

To purchase Dai using Sponge (OLD), begin by finding a cryptocurrency exchange that offers the DAI/$SPONGE trading pair. Set up an account, verify your identity, and deposit your $SPONGE into your exchange wallet. Locate the DAI/$SPONGE pair on the trading platform and place an order to swap your Sponge (OLD) for Dai. If the DAI/$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 Dai. Be aware of potential exchange fees, which differ by platform and can impact the total cost of your transaction.