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