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No. Account trading outside the game gets you permanently banned in Wizard101.
You might be able to get your account back after being banned from AirG but it is totally up to the operators. You can try writing a letter or complaning to the account representatives, but there is no simple solution for getting your account back.
Forever!
If your account was permanently banned, there is no getting back on. You will have to start over, and too avoid getting banned, do not break the rules of RuneScape.
You don't once it's been banned it is gone forever.