How to Exchange PandaDAO (PANDA) for Sponge (OLD) ($SPONGE) in Italy

To sell PandaDAO for Sponge (OLD), first, find a cryptocurrency exchange that supports the PANDA/$SPONGE trading pair. Create an account, verify your identity, and deposit your PANDA into your exchange wallet. Locate the PANDA/$SPONGE pair on the trading platform and place a sell order to exchange your PandaDAO for Sponge (OLD). If the PANDA/$SPONGE pair is unavailable, you can first sell PandaDAO 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. In Italy, it's also important to consider the tax implications of your transactions, as capital gains tax may apply to your earnings from cryptocurrency trading.