Can I take out SIM card in my old lg extravert and use in new lg extravert?

My lg extravert is almost 5 yrs old.   I don't think the battery is going to last much longer, so I found the exact same phone (brand new) on eBay and just received it.   Can I take the SIM card out of my old phone and use it in the new phone?     I hope I can still use the lg extravert on Verizon Prepaid plan.     Does anyone have this phone and using it on the prepaid plan?

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