BBL to $SPONGE: Convert and Swap BlockBlend (BBL) to Sponge (OLD) ($SPONGE)

How to Purchase BlockBlend (BBL) using Sponge (OLD) ($SPONGE)

To buy BlockBlend using Sponge (OLD), first, find a cryptocurrency exchange that supports the BBL/$SPONGE trading pair. Create an account, verify your identity, and deposit your $SPONGE into your exchange wallet. Locate the BBL/$SPONGE pair on the trading platform and place an order to exchange your Sponge (OLD) for BlockBlend. If the BBL/$SPONGE pair is unavailable, you can first exchange Sponge (OLD) for a stablecoin like Tether (USDT) or a fiat currency, then trade that for BlockBlend. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.