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