How to Purchase Cardano (ADA) using Fautor (FTR)

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