How to Buy MonaCoin (MONA) in Armenia

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

Step 1 – Join Coinmama

You'll first need to buy one of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and to get your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
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 Crypto Exchange now. All exchanges have 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 Crypto Exchange? (Just follow these easy steps)

Make sure you have chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

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

Once your deposit has been approved, you'll instantly have access to your assets and you can initiate buying and trading. To invest in {MonaCoin (MONA)|(MONA) MonaCoin} on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover {MonaCoin (MONA)|(MONA) MonaCoin}, you'll need to insert the cointype (MONA) into the search box, which is highlighted in the image. Make sure you have selected the correct pairing, we have highlighted this too. Click on “MONA/BTC” to proceed.

{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 located {MonaCoin (MONA)|(MONA) MonaCoin}, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to make our own Limit Order.

The ”Price” field will be filled with the most latest valuation {MonaCoin (MONA)|(MONA) MonaCoin} was traded for. You can change this to your preferred rate. The ”Amount” field is the amount of MONA you want to buy. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole amount of MONA.

When you are happy, click on “Buy MONA”. Your plan will be filled when a Vendor sells their MONA for the price you gave.

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

Unless you're frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time frame. To take off your {MonaCoin (MONA)|(MONA) MonaCoin}, hover over the tab called “Funds” and mouse click on “Withdraw”. {MonaCoin (MONA)|(MONA) MonaCoin} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {MonaCoin (MONA)|(MONA) MonaCoin} by using the given drop-down box. Put into the amount of {MonaCoin (MONA)|(MONA) MonaCoin} you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

When you're glad, make a mouse click on “Submit”. You may be asked for email/phone verification before a withdrawal.

Congrats! You've successfully bought and safed MonaCoin (MONA) in Armenia.

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the {MonaCoin (MONA)|(MONA) MonaCoin} is safe inside your wallet, you are finished.

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