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