A Step-by-Step-Guide on how to buy MonaCoin (MONA)
Step 1 – Signup to CEX.io You'll first need to purchase units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. MonaCoin (MONA) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate MonaCoin (MONA) As soon as your deposit has been confirmed, you will now have access to your assets and you can commence invest and trading. To purchase MonaCoin (MONA) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. In order to discover MonaCoin (MONA), you will need to insert the cointype (MONA) into the search box, which is marked in the image. Be certain of having selected the proper grouping, we have marked this too. Click on “MONA/BTC” to proceed.
Step 4 – Purchase (MONA) MonaCoin After you've located (MONA) MonaCoin, you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are making our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date valuation (MONA) MonaCoin was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of MONA you wish to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole volumen of MONA. If you're happy, click on “Buy MONA”. Your order will be filled as soon as a Vender sells their MONA for the price you gave.
Step 5 – Withdraw MonaCoin (MONA) Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an extensive time frame. To take off your MonaCoin (MONA), hover over the ”Funds” tab and mouse click on “Withdraw”. MonaCoin (MONA) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate MonaCoin (MONA) by using the given drop-down box. Put into the quantity of MonaCoin (MONA) you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you are satisfied, click on “Submit”. You may be requested for verfication via phone/email before a take off.