How to Purchase Cardano (ADA) using Ekta (EKTA)

To buy Cardano using Ekta, first, find a cryptocurrency exchange that supports the ADA/EKTA trading pair. Create an account, verify your identity, and deposit your EKTA into your exchange wallet. Locate the ADA/EKTA pair on the trading platform and place an order to exchange your Ekta for Cardano. If the ADA/EKTA pair is unavailable, you can first exchange Ekta 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.