How to Purchase Cardano (ADA) using Only1 (LIKE)

To buy Cardano using Only1, first, find a cryptocurrency exchange that supports the ADA/LIKE trading pair. Create an account, verify your identity, and deposit your LIKE into your exchange wallet. Locate the ADA/LIKE pair on the trading platform and place an order to exchange your Only1 for Cardano. If the ADA/LIKE pair is unavailable, you can first exchange Only1 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.