What is the difference between Solana and Cardano?
A post by William Parvez
To buy Cardano using Lumos, first, find a cryptocurrency exchange that supports the ADA/lumos trading pair. Create an account, verify your identity, and deposit your lumos into your exchange wallet. Locate the ADA/lumos pair on the trading platform and place an order to exchange your Lumos for Cardano. If the ADA/lumos pair is unavailable, you can first exchange Lumos for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Cardano. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Cardano for Lumos, first, find a cryptocurrency exchange that supports the ADA/lumos trading pair. Create an account, verify your identity, and deposit your ADA into your exchange wallet. Locate the ADA/lumos pair on the trading platform and place a sell order to exchange your Cardano for Lumos. If the ADA/lumos pair is unavailable, you can first sell Cardano for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Lumos. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by William Parvez