XRP to $SPONGE: Convert and Swap Binance-Peg XRP (XRP) to Sponge (OLD) ($SPONGE)

How to Exchange Binance-Peg XRP (XRP) for Sponge (OLD) ($SPONGE) in Italy

To sell Binance-Peg XRP for Sponge (OLD), first, find a cryptocurrency exchange that supports the XRP/$SPONGE trading pair. Create an account, verify your identity, and deposit your XRP into your exchange wallet. Locate the XRP/$SPONGE pair on the trading platform and place a sell order to exchange your Binance-Peg XRP for Sponge (OLD). If the XRP/$SPONGE pair is unavailable, you can first sell Binance-Peg XRP 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 affect the total amount you receive. In Italy, it's also important to consider the tax implications of your transactions, as capital gains tax may apply to your earnings from cryptocurrency trading.