Give and Take is a Normal Trap Card.
Trap Cards are normally Set first and can be activated on a later turn, often in response to an action.
On the current TCG and OCG Forbidden & Limited lists tracked here, Give and Take is Unlimited.
YGOPRODeck lists Give and Take for these formats: Duel Links, Edison, TCG, OCG, Master Duel.
A listed print of Give and Take appears in Duelist Pack: Yusei (DP08-EN029) at Super Rare rarity.
Among markets shown on this page, the lowest listed snapshot for Give and Take is about $0.49 on Cardmarket (prices change frequently).