PHB to $SMH: Convert and Swap Phoenix Global [OLD] (PHB) to Spacemesh ($SMH)

How to Exchange Phoenix Global [OLD] (PHB) for Spacemesh ($SMH) in Italy

To sell Phoenix Global [OLD] for Spacemesh, first, find a cryptocurrency exchange that supports the PHB/$SMH trading pair. Create an account, verify your identity, and deposit your PHB into your exchange wallet. Locate the PHB/$SMH pair on the trading platform and place a sell order to exchange your Phoenix Global [OLD] for Spacemesh. If the PHB/$SMH pair is unavailable, you can first sell Phoenix Global [OLD] for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Spacemesh. 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.