A Step-by-Step-Guide on how to buy MonaCoin (MONA)
Step 1 – Join Kraken You will first need to buy units of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and getting Funds.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. MonaCoin (MONA) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate MonaCoin (MONA) As soon as your deposit has been confirmed, you'll now have access to your finances and you can initiate invest and trading. To purchase MonaCoin (MONA) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate MonaCoin (MONA), you will need to insert the short name of the asset (MONA) into the search box, which is marked in the picture. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “MONA/BTC” to proceed.
Step 4 – Buying MonaCoin (MONA) As soon as you've found MonaCoin (MONA), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are making our own Limit Order. The field with the “Price” tag will be filled with the most latest rate MonaCoin (MONA) was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of MONA you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete quantity of MONA. If you are satisfied, make a mouse click on “Buy MONA”. Your order will be filled as soon as a Vendor trades their MONA for the price you gave.
Step 5 – Withdraw MonaCoin (MONA) Unless you are regularly trading, you should never keepyour crypto on an Crypto Trader for an extended time frame. To take off your MonaCoin (MONA), hover over the tab called “Funds” and click on “Withdraw”. MonaCoin (MONA) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate MonaCoin (MONA) by using the given drop-down box. Put into the volumen of MonaCoin (MONA) you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are happy, click on “Submit”. You may be requested for phone/email verification before a take off.
Congrats! You have successfully purchased and safed MonaCoin (MONA).That's it! Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the (MONA) MonaCoin is safe within your wallet, you are all done.
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