A Step-by-Step-Guide on how to buy MonaCoin (MONA)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy one of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and receive your welcome 10 Dollar.
Step 2 – Send Your Funds to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. MonaCoin (MONA) 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? (Just follow this how-to) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find MonaCoin (MONA) As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can launch buying and trading. To purchase MonaCoin (MONA) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. In order to find (MONA) MonaCoin, you'll need to put the cointype (MONA) into the search box, which is highlighted in the image. Make sure you have choosen the proper grouping, we have marked this too. Click on “MONA/BTC” to proceed.
Step 4 – Buy MonaCoin (MONA) After you have found MonaCoin (MONA), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date rate MonaCoin (MONA) was sold for. This can be changed to your preferred price. The “Amount” field is the volumen of MONA you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole quantity of MONA. If you're happy, click on “Buy MONA”. Your plan will be filled when a Seller trades their MONA for the price you gave.
Step 5 – Withdraw MonaCoin (MONA) Unless you're frequently trading, best advise is not to keep your coins on an Exchange for an extensive period of time. To take off your (MONA) MonaCoin, hover over the tab called “Funds” and mouse click on “Withdraw”. (MONA) MonaCoin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (MONA) MonaCoin by using the given drop-down box. Enter the amount of (MONA) MonaCoin you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, click on “Submit”. You may be requested for phone/email verification ahead of a take off.