How to Purchase Cardano (ADA) using Litecoin (LTC)

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