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