Cardano reviews for beginners

What Is Cardano (ADA)?




It was produced to be a more efficient alternative to proof-of-work networks.

It's mainly applied for identity management and traceability.

Is Cryptocurrency legal in the United States of America, United Kingdom, Australia, and Canada?

Yes! Crypto-currency is legal. 

Although, some states and regions in United States of America, United Kingdom, Australia, and Canada don’t just allow citizens get involved in it unless they obtain a license.








Is trading Cryptocurrency illegal in the United States of America, United Kingdom, Australia, and Canada?

It is not illegal because most cryptocurrency trading platforms obtains license from the government. 

These platforms are also regulated by well known finance regulatory bodies.

Is a non-US alien required to pay taxes (to IRS) in the United States of America, United Kingdom, Australia, and Canada?

Yea! Whether you are in United Kingdom, Australia, or Canada you will be taxed as long as you own taxable assets. 

United States of America has even declared crypto-currencies as taxable assets same as real estate properties and has also recommended www c r y p t o t r a d e r tax.







Is it possible to convert Cardano (or crypto-currencies) in the United States of America, United Kingdom, Australia, and Canada?




It is very possible because there are crypto exchange platform like k u coin com. 

It allows you convert any crypto into another. 

Is it legal in the USA to trade other cryptocurrencies in the United States of America, United Kingdom, Australia, and Canada?

Yes! If a crypto-currency exchange trading platform is licensed and allowed to operate in any country, then they are automatically legal to trade.

Is it possible for Cardano (ADA) to become a legal currency in the in the United States of America, United Kingdom, Australia, and Canada?





Not now but some investors, entrepreneurs and top business owners are gradually embarrassing cryptocurrency as part of their product purchasing currency. 

For instance, E l o n m u s k purchased $ 1.5 Billion worth of bitcoin for his T e l s a electric cars company and others. 

He is a strong promoter of dogecoin cryptocurrency and the force behind the increase in dogecoin’s price in the market. 

An online business can easily accept Cardano (ADA) by adding it to their other payment options



PS - T e l s a Automobile Company is giving out free electric cars worth $100,000 when you create a bit s t a r z com account.

How can I buy Cardano (ADA) are a non-US resident in the United States of America, United Kingdom, Australia, and Canada?

You can buy Cardano (ADA) through cryptocurrency exchange company any where in the world including United States of America. 

All you have to do is to provide the trading platform with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)

How to set up a cryptocurrency exchange in the United States of America, United Kingdom, Australia, and Canada?

Be sure that the country allows individuals to own a crypto-currency exchange platform. 

Then, you enquire from other crypto investors to know how to go about it. 

After getting the right information, then you need to seek for funding by sharing you business plan with a reliable person who is willing to invest into the plan. 

At this point, you have received funds to launch the cryptocurrency exchange; it’s time to engage social media influencers, popular figures and advertisement in other to get known and test how saturated the market is.

How can a US citizen buy Cardano (ADA) in the United States of America, United Kingdom, Australia, and Canada?

You can buy Cardano (ADA) through crypto platforms like www c h a n g e l l y com, www p a x f u l com, www k r a k e n com, www l u n o com, tidex app, www cex io, m e r c u r y o app, www local bitcoins com, www xcoins com, www k u coin com, or www prime x b t com in United States of America. 

All you have to do is to provide the trading platform with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)












How to safely buy Cardano (ADA) as a minor in the United States of America, United Kingdom, Australia, and Canada?

You can buy Cardano (ADA) even as a minor at www c h a n g e l l y com, www p a x f u l com, www k r a k e n com, www l u n o com, tidex app, www cex io, m e r c u r y o app, www local bitcoins com, www xcoins com, www k u coin com, or www prime x b t com. 

All you need to do is to create a gmail com account for your registration and provide the required documents by the crypto-currency exchange platform for verification to avoid scam or hackers.











How do I pay tax for trading cryptocurrency in United States of America, United Kingdom, Australia, and Canada?

IRS stated around March 2014 that all virtual currencies including Cardano (ADA) would be taxed as property rather than currency. 

Crypto-currencies are taxed through software platform by www c r y p t o t r a d e r tax









How to buy Cardano (ADA) in the United States of America, United Kingdom, Australia, and Canada?





You can buy bitcoins through crypto platforms like in United States of America, United Kingdom, Australia, and Canada. 

All you have to do is to provide the trading company with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)













How to buy cryptocurrency in United States of America, United Kingdom, Australia, and Canada?

You can buy any cryptocurrency through crypto platform in United States of America, United Kingdom, Australia, and Canada. 

All you have to do is to provide the crypto platform with any document they need to enable them verify your account and for security measures. (KYC verification and 2 F A authentication)










Can you invest in a $1 Cardano (ADA) in United States of America, United Kingdom, Australia, and Canada?

Off course yes! You can invest into lending and borrowing crypto exchange platform like www k u coin com where people borrow money from you with crypto-currency to pay back with interest and vice versa. 

But it depends on the trading platform. 

Each investment platform has its own minimum amount one can invest and maximum one can also invest.







Can a US F1 visa holder purchase a Cardano (ADA) legally in United States of America, United Kingdom, Australia, and Canada?

You can buy it through cryptocurrency exchange trading platforms in United States of America, United Kingdom, Australia, and Canada. 

All you have to do is to provide the company with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)







Do criminals use Cardano (ADA) to hide their money in United States of America, United Kingdom, Australia, and Canada?

Off course yes! There are so many reports of relationship scammers diverting their proceeds from victims into crypto-currency wallet to avoid been caught and arrested by anti-corrupt bodies. 

Do you feel that Cardano (ADA) (cryptocurrency) has much of a future in United States of America, United Kingdom, Australia, and Canada?

Yes! it has a future.











Can F1 students buy cryptocurrencies from www binance com in the United States of America, United Kingdom, Australia, and Canada?









You can buy bitcoins through in United States of America, United Kingdom, Australia, and Canada. 

All you have to do is to provide the company with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)

How isn’t Cardano (ADA) a threat to the US dollar in United States of America, United Kingdom, Australia, and Canada?

It's threat because the market-cap is huge. 

According to most investor’s prediction cryptocurrency particularly Cardano (ADA) is the most traded asset in this present age and its global currency is USD dollars.










How are cryptocurrencies taxed in United States of America, United Kingdom, Australia, and Canada?








Crypto-currencies are taxed through software platform by www c r y p t o t r a d e r tax 

It will show you how Crypto-currencies are taxed. 

When mined or purchased from another party or use it to pay for goods or services, are examples of transactions that can be taxed.