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