How to Purchase Cardano (ADA) using Tether Gold (XAUT)

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