How to Purchase Cardano (ADA) using Privasea AI (PRAI)

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