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How to Purchase sUSD (Optimism) (SUSD) using Sponge (OLD) ($SPONGE)

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

How to Sell sUSD (Optimism) (SUSD) for Sponge (OLD) ($SPONGE) in Germany

To sell sUSD (Optimism) for Sponge (OLD), first, find a cryptocurrency exchange that supports the SUSD/$SPONGE trading pair. Create an account, verify your identity, and deposit your SUSD into your exchange wallet. Locate the SUSD/$SPONGE pair on the trading platform and place a sell order to exchange your sUSD (Optimism) for Sponge (OLD). If the SUSD/$SPONGE pair is unavailable, you can first sell sUSD (Optimism) for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Sponge (OLD). Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.