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How to Buy New BitShares (NBS) with Sponge (OLD) ($SPONGE)

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

How to Sell New BitShares (NBS) for Sponge (OLD) ($SPONGE)

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