How to Purchase Alibaba (Ondo Tokenized Stock) (BABAON) Using Sponge (OLD) ($SPONGE) in China

To buy Alibaba (Ondo Tokenized Stock) using Sponge (OLD), first, find a cryptocurrency exchange that supports the BABAON/$SPONGE trading pair. Create an account, complete the KYC process to verify your identity, and deposit your $SPONGE into your exchange wallet. Locate the BABAON/$SPONGE pair on the trading platform and place an order to exchange your Sponge (OLD) for Alibaba (Ondo Tokenized Stock). If the BABAON/$SPONGE pair is unavailable, you can first exchange Sponge (OLD) for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Alibaba (Ondo Tokenized Stock). Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.