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How to Purchase BitShares (BTS) Using Sponge (OLD) ($SPONGE)

To purchase BitShares using Sponge (OLD), start by finding a cryptocurrency exchange that offers the BTS/$SPONGE trading pair. Create an account, verify your identity, and deposit your $SPONGE into your exchange wallet. Then, locate the BTS/$SPONGE pair on the platform and place an order to trade your Sponge (OLD) for BitShares. If the pair is unavailable, you can first exchange Sponge (OLD) for a stablecoin like Tether (USDT) or a fiat currency, then trade that for BitShares. Be aware of potential exchange fees, which can vary by platform and impact the total cost of your transaction.

How to Exchange BitShares (BTS) for Sponge (OLD) ($SPONGE)

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