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