How to Purchase BOLT on Base (BOLT) using Sponge (OLD) ($SPONGE)

To buy BOLT on Base using Sponge (OLD), first, find a cryptocurrency exchange that supports the BOLT/$SPONGE trading pair. Create an account, verify your identity, and deposit your $SPONGE into your exchange wallet. Locate the BOLT/$SPONGE pair on the trading platform and place an order to exchange your Sponge (OLD) for BOLT on Base. If the BOLT/$SPONGE pair is unavailable, you can first exchange Sponge (OLD) for a stablecoin like Tether (USDT) or a fiat currency, then trade that for BOLT on Base. 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.