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How to Purchase Decentralized USD (DUSD) Using Sponge (OLD) ($SPONGE) in the UAE

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

How to Sell Decentralized USD (DUSD) for Sponge (OLD) ($SPONGE) in the UAE

To sell Decentralized USD for Sponge (OLD), first, find a cryptocurrency exchange that supports the DUSD/$SPONGE trading pair. Create an account, verify your identity, and deposit your DUSD into your exchange wallet. Locate the DUSD/$SPONGE pair on the trading platform and place a sell order to exchange your Decentralized USD for Sponge (OLD). If the DUSD/$SPONGE pair is unavailable, you can first sell Decentralized USD for a stablecoin like Tether (USDT) or a fiat currency such as AED, then trade that for Sponge (OLD). Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.

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