A Step-by-Step-Guide on how to buy MonaCoin (MONA)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to buy one of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and receive your welcome 10$.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. MonaCoin (MONA) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find MonaCoin (MONA) As soon as your deposit has been verified, you will directly have access to your funds and you can launch purchasing and trading. To buy MonaCoin (MONA) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. In order to find MonaCoin (MONA), you will need to put the shortname of the coin (MONA) into the search box, which is highlighted in the graphic. Be certain of having selected the right grouping, we have highlighted this too. Click on “MONA/BTC” to continue.
Step 4 – Acquisition of (MONA) MonaCoin Once you've discovered (MONA) MonaCoin, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to create our own Limit Order. The ”Price” field will be filled automatically with the recent valuation (MONA) MonaCoin was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of MONA you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole volumen of MONA. When you're satisfied, make a mouse click on “Buy MONA”. Your order will be filled when a Vendor sells their MONA for the price you introduced.
Step 5 – Withdraw (MONA) MonaCoin Unless you're frequently trading, never keep your crypto coins on an Crypto Trader for an extensive time period. In order to take off your (MONA) MonaCoin, go to the ”Funds” tab and click on “Withdraw”. (MONA) MonaCoin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (MONA) MonaCoin by using the given drop-down box. Put into the amount of (MONA) MonaCoin you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.