How to Purchase Cardano (ADA) using Sui (SUI)

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