How to Purchase MakerDAO Arbitrum Bridged DAI (Arbitrum One) (DAI) Using Sponge (OLD) ($SPONGE) in China

To buy MakerDAO Arbitrum Bridged DAI (Arbitrum One) using Sponge (OLD), first, find a cryptocurrency exchange that supports the DAI/$SPONGE trading pair. Create an account, complete the KYC process to 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 MakerDAO Arbitrum Bridged DAI (Arbitrum One). If the DAI/$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 MakerDAO Arbitrum Bridged DAI (Arbitrum One). Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.