PAXG to $SPONGE: Convert and Swap PAX Gold (PAXG) to Sponge (OLD) ($SPONGE)

How to Exchange PAX Gold (PAXG) for Sponge (OLD) ($SPONGE) in Italy

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