Loading...

How to Purchase Coinbase Wrapped BTC (CBBTC) Using Sponge (OLD) ($SPONGE)

To purchase Coinbase Wrapped BTC using Sponge (OLD), start by finding a cryptocurrency exchange that offers the CBBTC/$SPONGE trading pair. Create an account, verify your identity, and deposit your $SPONGE into your exchange wallet. Then, locate the CBBTC/$SPONGE pair on the platform and place an order to trade your Sponge (OLD) for Coinbase Wrapped BTC. 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 Coinbase Wrapped BTC. Be aware of potential exchange fees, which can vary by platform and impact the total cost of your transaction.

How to Exchange Coinbase Wrapped BTC (CBBTC) for Sponge (OLD) ($SPONGE)

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