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How to Buy MonaCoin (MONA)

A Step-by-Step-Guide on how to buy MonaCoin (MONA)

Step 1 – Signup to CEX.io

You will first need to buy one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Exchange

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 identical. MonaCoin (MONA) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have selected the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate MonaCoin (MONA)

Once your deposit has been approved, you will immediately have access to your assets and you can commence buying and trading. To buy MonaCoin (MONA) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to spot MonaCoin (MONA), you will need to insert the shortname of the coin (MONA) into the search box, which is marked in the picture. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “MONA/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} MonaCoin (MONA)
Step 4 – Acquisition of MonaCoin (MONA)

As soon as you have located MonaCoin (MONA), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date valuation MonaCoin (MONA) was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of MONA you like to buy. The ”Total” field is the total price in BTC that you'll pay for the complete amount of MONA.

When you are glad, click on “Buy MONA”. Your plan will be filled when a Seller trades their MONA for the price you submitted.

Step 5 – Withdraw MonaCoin (MONA)

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extensive period of time. In order to take off your MonaCoin (MONA), go to the ”Funds” tab and click on “Withdraw”. MonaCoin (MONA) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate MonaCoin (MONA) by using the provided drop-down box. Drop in the amount of MonaCoin (MONA) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you are happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a take off.

Congrats! You have successfully purchased and safed MonaCoin (MONA).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the MonaCoin (MONA) is safe in your wallet, you're done.

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