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

