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