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How to Buy United States Dollar (USD) with Sponge ($SPONGE)

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

How to Sell United States Dollar (USD) for Sponge ($SPONGE)

To sell United States Dollar for Sponge, first, find a cryptocurrency exchange that supports the USD/$SPONGE trading pair. Create an account, verify your identity, and deposit your USD into your exchange wallet. Locate the USD/$SPONGE pair on the trading platform and place a sell order to exchange your United States Dollar for Sponge. If the USD/$SPONGE pair is unavailable, you can first sell United States Dollar 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.