How to Exchange Canary (CNR) for Sponge (OLD) ($SPONGE) in Italy

To sell Canary for Sponge (OLD), first, find a cryptocurrency exchange that supports the CNR/$SPONGE trading pair. Create an account, verify your identity, and deposit your CNR into your exchange wallet. Locate the CNR/$SPONGE pair on the trading platform and place a sell order to exchange your Canary for Sponge (OLD). If the CNR/$SPONGE pair is unavailable, you can first sell Canary 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.