Buy Cardano
in Ireland

Cardano and its official coin “ADA” is known as the third generation blockchain, which has fulfilled the issues on the previous generations of blockchains. It is now faster and cheaper than Bitcoin and Ethereum. But that’s not the only benefit that this coin has. There are other factors to check to find out if Cardano is a good investment. One of them is its performance over the years. ADA was released as the native token of Cardano in 2017 with the price of $0.024, which was the lowest price of this token. Very soon the price rose up to $3 in 2021, which shows this coin was a good long-term investment.During this period, ADA had many fluctuations, but analysts always had positive opinions about this coin.
One important thing to consider is that no one can guarantee if the future of a coin is positive because everything in the world of cryptocurrencies is volatile and risky. However, the price predictions of a coin can help you see how positive the analysts and experts think about the future of a coin. Many experts have predicted the future of ADA until 2030 between $3 to $5. Thus, considering a long-term investment, check the price of ADA for the day you are buying and check the future prediction for up to 5 years later. Think about the risks and choose an exit point for your investment. These steps can help you have a good investment.

You may have heard about Cardano and ADA and wondered if there is any difference between these two names. First, you need to know that Cardano is the name of the company that has launched the ADA coin. Therefore, Cardano and ADA are somehow used interchangeably. To take a deeper look into Cardano we need to mention that Cardano is a decentralized public blockchain that is designed to have a faster and more efficient performance compared to its previous blockchains. As one of the first blockchains of this new generation, Cardano has become so popular and one of the biggest cryptocurrencies by market cap. From the first day of its release, it acted better than most of its previous competitors.

Yes. According to a press release by the Director of Financial Regulation which was published
by the Central Bank of Ireland, blockchain and cryptographic technology have the potential to
bring significant benefits to the economy and to the users of financial services, since
cryptocurrency is being deployed in different situations and for various purposes such as
supporting smart contracts, engaging in payment services, investment activities or, as is often
the case, speculation.

Yes. According to the Irish Tax and Customs Agency (Revenue), if an Irish resident sells a
crypto asset and gains profit from it, any gain would be treated as capital gain and could be
subject to capital gains tax (currently 33%). According to the above-mentioned document, if an
Irish individual was carrying on a ‘trade’ of dealing in cryptocurrency, any profit on the selling of
crypto assets would be subject to income tax, the income tax rates can be up to 55% (including
universal social charge and social insurance). According to the above-mentioned Irish Tax
Agency reference, a trade in crypto-assets would be similar in nature to a trade in shares,
securities, or other assets. Where a person makes a trading profit or loss on crypto-asset
transactions this must be reflected in their accounts and will be taxable in accordance with
normal Income Tax rules.

When you buy a coin, you can use it in different ways. Most people would like to keep a token as an investment. Therefore, they should find a secure wallet to keep their coins there and keep an eye on their price each day to find the right time to trade. But there are still other uses for ADA coins rather than just investing. Many companies accept ADA as a currency, so you can buy something on the internet and spend your ADA to pay for it. Most of the time, crypto coins are used for online games. ADA is accepted for some online games too. Furthermore, ADA can be used to build smart contracts and create decentralized applications.

Anyone. You are able to easily perform cryptocurrency transactions such as buying, selling,
holding and managing by the help of cryptocurrency exchanges in Ireland. There are also a
varying range of payment services available in Ireland for your cryptocurrency purchase
including: Apple pay, Google pay, Credit Card, Debit Card, Bank Transfer and PayPal which are
highly convenient and secure if your exchange allows these means. Our exchange presents
safe and fast cryptocurrency transactions by such service and is one of the cheapest exchanges
out there to buy cryptocurrency in Ireland, as we charge zero fees for all cryptocurrency
transactions.