How to Purchase First Digital USD (FDUSD) Using Sponge (OLD) ($SPONGE) in China
To buy First Digital USD using Sponge (OLD), first, find a cryptocurrency exchange that supports the FDUSD/$SPONGE trading pair. Create an account, complete the KYC process to verify your identity, and deposit your $SPONGE into your exchange wallet. Locate the FDUSD/$SPONGE pair on the trading platform and place an order to exchange your Sponge (OLD) for First Digital USD. If the FDUSD/$SPONGE pair is unavailable, you can first exchange Sponge (OLD) for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for First Digital USD. Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.
How to Exchange First Digital USD (FDUSD) for Sponge (OLD) ($SPONGE) in the Chinese Market
To sell First Digital USD for Sponge (OLD), first, find a cryptocurrency exchange that supports the FDUSD/$SPONGE trading pair. Create an account, complete the identity verification process, and deposit your FDUSD into your exchange wallet. Locate the FDUSD/$SPONGE pair on the trading platform and place a sell order to exchange your First Digital USD for Sponge (OLD). If the FDUSD/$SPONGE pair is unavailable, you can first sell First Digital USD for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Sponge (OLD). Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.
