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