How to Exchange Malagasy Ariary (MGA) for Sponge (OLD) ($SPONGE) in Italy

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