A Step-by-Step-Guide on how to buy MoneyByte (MON)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and getting your Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. MoneyByte (MON) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate MoneyByte (MON) Once your deposit has been approved, you'll instantly have access to your assets and you can launch purchasing and trading. To purchase MoneyByte (MON) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To find MoneyByte (MON), you'll need to put the short name of the asset (MON) into the search box, which is marked in the picture. Be certain of having choosen the proper pairing, we've marked this too. Click on “MON/BTC” to go ahead.
Step 4 – Buy MoneyByte (MON) Once you've discovered MoneyByte (MON), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order. The ”Price” field will be filled automatically with the most latest rate MoneyByte (MON) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of MON you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole volumen of MON. When you are satisfied, click on “Buy MON”. Your order will be filled as soon as a Vender sells their MON for the price you introduced.
Step 5 – Withdraw MoneyByte (MON) Unless you're trading, best advise is not to keep your crypto on an Exchange for an extended period of time. In order to withdraw your MoneyByte (MON), go to the tab called “Funds” and mouse click on “Withdraw”. MoneyByte (MON) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate MoneyByte (MON) by using the given drop-down box. Drop in the quantity of MoneyByte (MON) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you're glad, click on “Submit”. You may be requested for email/phone verification before a withdrawal.