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