DAI to $SPONGE: Convert and Swap Binance-Peg DAI (DAI) to Sponge (OLD) ($SPONGE) in Canada

How to Purchase Binance-Peg DAI (DAI) with Sponge (OLD) ($SPONGE) in Canada

To buy Binance-Peg DAI using Sponge (OLD), first, find a cryptocurrency exchange that supports the DAI/$SPONGE trading pair. Create an account, verify your identity, and deposit your $SPONGE into your exchange wallet. Locate the DAI/$SPONGE pair on the trading platform and place an order to exchange your Sponge (OLD) for Binance-Peg DAI. If the DAI/$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 DAI. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction in Canada.