Maybe you’ve heard about the cryptocurrencies bitcoin and ethereum, but do you also know cardano (ADA)? It’s quickly become one of the most popular coins on the market, and you can trade it via Lunar Block.
Buy cardano with Lunar Block.
What's cardano (ADA)?
Cardano (ADA) is a digital currency that– just like any other cryptocurrency – isn’t controlled by a bank or a government. The exchange rate is adjusted after supply and demand.
With Lunar Block, you can buy and sell cardano directly from your phone without creating a wallet. That makes it easy to trade crypto – even if you’re a beginner.
Buy and sell Cardano on a trustworthy platform
When you trade cardano with us, you can do so with complete peace of mind. You can do that because you’re trading on a Danish platform with full transparency.And if you’d like to sell your cryptocurrency again, you can get the value of it paid out directly to your Lunar account.
Remember, all cryptocurrency – cardano included – trading carries a large risk. When the rate can rise, it could also fall. So even if you have the opportunity to yield gains, you can also risk losing the entire amount you’ve bought crypto with.
Guide on tax reporting
Reporting your crypto gains or any losses to Skat seems like a hassle – but we can lighten some of the workload.
By the end of every year, we’re giving you the overview of your trades along with a guide on how to report crypto on your taxes. Like that, you can handle the tax report in a matter of minutes.
How to get started with cardano
- 1
Download Lunar for free
Download Lunar in the App Store or Google Play. Remember to have your photo ID ready.
- 2
Sign up to Lunar Block in the app
Find Lunar Block under ‘Products’ and sign up. First, you’ll be asked to take a test about crypto - among others, to make sure that you’re aware of the risks involved. You can learn more about the risks in the app before you take the test.
- 3
Buy cardano with a swipe
When we’ve approved you, you can buy crypto right away - cardano, for example - in the app, and buy with a single swipe.
Frequently asked questions - answered
How do I buy cardano?
With Lunar Block you’re ready to trade instantly. Download the Lunar app and sign up to Lunar Block in the app. You will need to take a test in connection to your signup, where we will, amongst others, ask you about the risks of cryptocurrencies. You can see the risks in the app before you take the test. When you’ve been approved, you can get started trading cardano immediately.
How old do I have to be to trade crypto?
Do I need to know anything about cardano and crypto beforehand?
What’s the difference between trading cardano via Lunar Block and other platforms?
What risks should I be aware of?
Is it safe to trade cardano?
Do I get help reporting taxes?
Is there a minimum amount I need to buy cryptocurrency with?
Cryptocurrencies can rise and fall
When you trade cryptocurrencies, you need to be aware that it carries a large risk. The value of your cryptocurrency can both rise and fall, and you can risk losing the entire amount you’ve invested in cryptocurrencies.
Cryptocurrency trading is done through Lunar Block. Lunar Block is not regulated by the Danish Financial Supervisory Authority (Finanstilsynet). That means you won’t have the same protection as when trading e.g. stocks or other regulated assets.
We do not counsel
We do not advise on currencies and do not make recommendations for either buying or selling. We can provide factual information about the different currencies, but past price developments are not an indication of future developments.
No information from Lunar Block should therefore be considered as recommendations and all decisions are up to you alone.