How to Exchange Gems VIP (GEMS) for Sponge (OLD) ($SPONGE) in Italy

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