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How to Purchase Pax Dollar (USDP) Using Sponge (OLD) ($SPONGE) in China

To buy Pax Dollar using Sponge (OLD), first, find a cryptocurrency exchange that supports the USDP/$SPONGE trading pair. Create an account, complete the KYC process to verify your identity, and deposit your $SPONGE into your exchange wallet. Locate the USDP/$SPONGE pair on the trading platform and place an order to exchange your Sponge (OLD) for Pax Dollar. If the USDP/$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 Pax Dollar. Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.

How to Exchange Pax Dollar (USDP) for Sponge (OLD) ($SPONGE) in the Chinese Market

To sell Pax Dollar for Sponge (OLD), first, find a cryptocurrency exchange that supports the USDP/$SPONGE trading pair. Create an account, complete the identity verification process, and deposit your USDP into your exchange wallet. Locate the USDP/$SPONGE pair on the trading platform and place a sell order to exchange your Pax Dollar for Sponge (OLD). If the USDP/$SPONGE pair is unavailable, you can first sell Pax Dollar 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.