How to Purchase Celo Dollar (CUSD) Using Sponge (OLD) ($SPONGE)
To purchase Celo Dollar using Sponge (OLD), start by finding a cryptocurrency exchange that offers the CUSD/$SPONGE trading pair. Create an account, verify your identity, and deposit your $SPONGE into your exchange wallet. Then, locate the CUSD/$SPONGE pair on the platform and place an order to trade your Sponge (OLD) for Celo Dollar. 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 Celo Dollar. Be aware of potential exchange fees, which can vary by platform and impact the total cost of your transaction.
How to Exchange Celo Dollar (CUSD) for Sponge (OLD) ($SPONGE)
To sell Celo Dollar for Sponge (OLD), first, find a cryptocurrency exchange that supports the CUSD/$SPONGE trading pair. Create an account, verify your identity, and deposit your CUSD into your exchange wallet. Locate the CUSD/$SPONGE pair on the trading platform and place a sell order to exchange your Celo Dollar for Sponge (OLD). If the CUSD/$SPONGE pair is unavailable, you can first sell Celo Dollar 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.
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