How to Purchase Cardano (ADA) using Flow Lending (FLOW)

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