Trade cardano with Lunar Block
You’ve probably heard of cryptocurrencies, bitcoin, and ethereum, but do you also know cardano (ADA) as well? It’s quickly become one of the most popular coins on the market. Do you also want to trade Cardano? With Lunar Block, you can buy and sell the popular coin directly from your phone. And it’s both easy and quick to get started.
What is cardano worth? See the rate
In the app, you can easily see what cardano, also known as ADA, is worth. Follow the exchange rate by the minute, and see the value right here and now, before you buy.
Cardano has increased significantly lately. For example, if you purchased 5.000 DKK’s worth of cardano in January 2021, it would be worth around 65.000 DKK in May 2021, according to Coinbase.
But the exchange rate for cryptocurrencies can fluctuate every second, and there are examples of very large increases and just as large falls in a short period. That’s why you always need to be aware that you could lose the amount you purchased if the rate of the cryptocurrency decreases.
Be aware of risks
When you trade cryptocurrency, you have to be aware that all trading involves risk. The value of cryptocurrency can go both up and down, and in some cases, you may lose the entire amount you have purchased cryptocurrency with.
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.
What's cardano (ADA)?
Cardano (ADA) is a digital currency that’s - just like other cryptocurrencies - not regulated by a bank or government. The exchange rate is regulated by supply and demand.
Cardano is one of the most popular cryptocurrencies, and it’s on the top 10 list of the most valuable cryptocurrencies in the world.
With Lunar Block, you can buy and sell cardano directly from your phone - without needing a wallet. It makes it easy to become a crypto owner - even if you’re a newcomer.
Buy and sell Cardano on a trustworthy platform
When you’re trading cardano with us, you can do so with complete peace of mind. You can do that because you’re trading on a Danish platform that offers you complete transparency.
And if you want to sell your cryptocurrency again, you can get the value paid out directly to your Lunar account.
Remember, all trade with cryptocurrencies - also cardano - carries a large risk. While the rate can increase, it can also fall at the very same time. So, even if you have the possibility of gain, you can also lose the amount you’ve purchased crypto with.
Buy cardano at low, set trading price
When you trade cardano with us, you’ll get a set, low trading price. You’ll always know what you’re paying for, and there are no unpleasant surprises. Your trading price is 2,5% to buy and sell cardano - and if you have Lunar Pro, that price is just 1%.
On top of that, you avoid paying pointless fees, such as depositing money to your account, withdrawal fees, and safe-deposit charges.
Report taxes with ease
It can seem difficult to report your crypto gains or potential losses to the tax authorities - but we’re helping you to make it painless.
By the end of each year, we’re giving you the overview of your trades along with a guide on how to report it on your taxes. That way, you can handle the tax report in a few minutes and spend your time trading crypto instead of hassling with the Danish Tax Authorities (Skat).
How to get started with cardano
Frequently asked questions - answered
How do I buy cardano?
How old do I have to be to trade crypto?
What does it cost to buy cardano at Lunar?
Do I need to know anything about cardano 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 cryptocurrency?
Do I get help reporting taxes?
Is there a minimum amount I need to buy cryptocurrency with?
We won’t advise you about buying and selling. We can provide factual information about the different currencies, but past price developments are not an indication of future developments. We do not advise on currencies and do not make recommendations for either buying or selling. No information from Lunar Block should therefore be considered as recommendations and all decisions are up to you alone.