How to Buy Tezos (XTZ) with Sponge (OLD) ($SPONGE)
To purchase Tezos using Sponge (OLD), begin by finding a cryptocurrency exchange that offers the XTZ/$SPONGE trading pair. Set up an account, verify your identity, and deposit your $SPONGE into your exchange wallet. Locate the XTZ/$SPONGE pair on the trading platform and place an order to swap your Sponge (OLD) for Tezos. If the XTZ/$SPONGE pair is not available, you can initially exchange Sponge (OLD) for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Tezos. Be aware of potential exchange fees, which differ by platform and can impact the total cost of your transaction.
How to Sell Tezos (XTZ) for Sponge (OLD) ($SPONGE)
To sell Tezos for Sponge (OLD), first, find a cryptocurrency exchange that supports the XTZ/$SPONGE trading pair. Create an account, verify your identity, and deposit your XTZ into your exchange wallet. Locate the XTZ/$SPONGE pair on the trading platform and place a sell order to exchange your Tezos for Sponge (OLD). If the XTZ/$SPONGE pair is unavailable, you can first sell Tezos for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Sponge (OLD). Be aware of potential exchange fees, which vary by platform and can affect the total amount you receive.