How to Buy MonaCoin (MONA) in Anguilla

A Step-by-Step-Guide on how to buy MonaCoin (MONA) in Anguilla

Step 1 – Signup to Coinmama

You'll first need to purchase one of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and to get your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. MonaCoin (MONA) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Locate {MonaCoin (MONA)|(MONA) MonaCoin}

As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can begin buying and trading. To invest in {MonaCoin (MONA)|(MONA) MonaCoin} on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”.

In order to discover {MonaCoin (MONA)|(MONA) MonaCoin}, you'll need to insert the short name of the asset (MONA) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this too. Click on “MONA/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} MonaCoin (MONA)
Step 4 – Purchasing {MonaCoin (MONA)|(MONA) MonaCoin}

As soon as you have spotted {MonaCoin (MONA)|(MONA) MonaCoin}, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're making our Limit Order.

The field with the “Price” tag will be filled with the most latest rate {MonaCoin (MONA)|(MONA) MonaCoin} was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of MONA you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of MONA.

If you are happy, make a mouse click on “Buy MONA”. Your plan will be filled when a Seller sells their MONA for the price you introduced.

Step 5 – Withdraw {MonaCoin (MONA)|(MONA) MonaCoin}

Unless you're regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extensive time period. In order to withdraw your {MonaCoin (MONA)|(MONA) MonaCoin}, hover over the tab called “Funds” and click on “Withdraw”. {MonaCoin (MONA)|(MONA) MonaCoin} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {MonaCoin (MONA)|(MONA) MonaCoin} by using the given drop-down box. Drop in the amount of {MonaCoin (MONA)|(MONA) MonaCoin} you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you're happy, click “Submit”. You could be asked for phone/email verification ahead of a take off.

Kudos! You've successfully bought and stored MonaCoin (MONA) in Anguilla.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the {MonaCoin (MONA)|(MONA) MonaCoin} is safe in your wallet, you're finished.

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