How to Purchase Cardano (ADA) using 20EX (20EX)

To buy Cardano using 20EX, first, find a cryptocurrency exchange that supports the ADA/20EX trading pair. Create an account, verify your identity, and deposit your 20EX into your exchange wallet. Locate the ADA/20EX pair on the trading platform and place an order to exchange your 20EX for Cardano. If the ADA/20EX pair is unavailable, you can first exchange 20EX 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. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.