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