STETH to $SPONGE: Convert and Swap Lido Staked Ether (STETH) to Sponge (OLD) ($SPONGE)

How to Buy Lido Staked Ether (STETH) with Sponge (OLD) ($SPONGE)

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