How to buy
SPONGE
SPG
on
Sponge.finance a sustainable DeFi ecosystem on BSC ! Earn Sponge and Soak tokens through yield framing, token stacking, or even passive yield with the 5% $SPG redistribution.
Create a wallet
This guide shows how to create a wallet in the Trust Wallet app but you can use any other Smart Chain wallet like Metamask.
Download Trust Wallet and set up your account.
Keep your seed phrase a secret, never share it with anyone.
Buy some BNB
BNB is a cryptocurrency that can be swapped to others tokens like SPG. You can either buy BNB directly in Trust Wallet or get it on an external exchange like Binance or Crypto.com and then send it to your wallet.
SPONGE
SPG
Once some BNB is in your wallet, make sure it’s Smart Chain (black icon) and not regular BNB (yellow icon). You can swap regular BNB to Smart Chain in the app.
SPONGE
SPG
Go to PancakeSwap
PancakeSwap is an exchange where you can swap one Smart Chain token to another. To do it, you need to connect it to your wallet.
Open pancakeswap.finance/swap in your mobile browser.
SPONGE
SPG
Tap the Connect Wallet button.
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SPG
Tap Wallet Connect and choose Trust.
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SPG
This should bring the Trust Wallet app with a confirmation screen. Tap Connect.
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SPG
Go back to the browser. Your wallet should be now connected to PancakeSwap.
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SPG
Swap BNB to SPG
Tap Select a currency on the PancakeSwap trading view.
SPONGE
SPG
Copy the SPONGE contract address:
0x3aabCf53A1930A42E18D938C019E83Ebee50a849, make sure it’s correct (check the official website), and paste it to the token field. You may need to wait a moment before PancakeSwap displays the token. If it doesn’t help, refresh the page and try again.
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SPG
Tap the Import button once the token is loaded.
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SPG
Approve the import in the next step.
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SPG
Enter the amount of BNB you want to trade for SPG. Don’t swap all of your BNB – keep a few dollars worth of BNB to cover future transaction fees!
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SPG
Almost there! Tap the gear icon and set the Slippage tolerance to 11-15%. Slippage corresponds to the transaction tax and token price volatility. The bigger the percentage, the higher the change of a successful transaction, but you may get respectively fewer tokens.
SPONGE
SPG
Tap Swap.
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SPG
Confirm the transaction in Trust Wallet.
That’s it! You’re now the proud owner of SPONGE. If you wish to sell your SPG in the future, just swap it back to BNB.
SPONGE
SPG
If you don’t see SPONGE in Trust Wallet, you may need to add it manually. Tap the toggle icon in the upper right corner, then find the Add Custom Token button. Tap it and you should see the Add Custom Token screen. Select Smart Chain in the Network field and paste the SPONGE contract address. The token will be added to the wallet.
SPONGE
SPG