A Step-by-Step-Guide on how to buy MoneyByte (MON)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and getting your welcome 10 Dollar.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. MoneyByte (MON) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find (MON) MoneyByte As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can begin invest and trading. To invest in MoneyByte (MON) on Binance, you will want to go to the “Exchange” tab and then click on “Basic”. To locate MoneyByte (MON), you will need to insert the short name of the asset (MON) into the search box, which is highlighted in the graphic. Be certain of having selected the right pairing, we have highlighted this also. Click on “MON/BTC” to go on.
Step 4 – Buying (MON) MoneyByte Once you've found (MON) MoneyByte, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). For now we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff MoneyByte (MON) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of MON you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole volumen of MON. If you're satisfied, click on “Buy MON”. Your order will be filled as soon as a Seller trades their MON for the price you introduced.
Step 5 – Withdraw (MON) MoneyByte Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your MoneyByte (MON), go to the tab called “Funds” and click on “Withdraw”. (MON) MoneyByte can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (MON) MoneyByte by using the given drop-down box. Put into the volumen of MoneyByte (MON) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.