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