How to Buy MoneyByte (MON) in Azerbaijan

A Step-by-Step-Guide on how to buy MoneyByte (MON) in Azerbaijan

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and getting your first 10$.

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum 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 identical. MoneyByte (MON) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you've chosen the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate {MoneyByte (MON)|(MON) MoneyByte}

Once your deposit has been affirmed, you'll now have access to your funds and you can launch invest and trading. To purchase {MoneyByte (MON)|(MON) MoneyByte} on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

In order to discover {MoneyByte (MON)|(MON) MoneyByte}, you'll need to insert the cointype (MON) into the search-box, which is highlighted in the picture. Make sure you have selected the proper pairing, we have highlighted this also. Click on “MON/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} MoneyByte (MON)
Step 4 – Buying {MoneyByte (MON)|(MON) MoneyByte}

After you have discovered {MoneyByte (MON)|(MON) MoneyByte}, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to create our own Limit Order.

The ”Price” field will be filled with the up-to-date rate {MoneyByte (MON)|(MON) MoneyByte} was sold for. You can change this to your favoured price. The ”Amount” field is the quantity of MON you wish to purchase. The ”Total” field is the whole price in BTC that you'll pay for the whole quantity of MON.

If you're happy, click on “Buy MON”. Your order will be filled as soon as a Seller sells their MON for the price you gave.

Step 5 – Withdraw {MoneyByte (MON)|(MON) MoneyByte}

Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time period. To withdraw your {MoneyByte (MON)|(MON) MoneyByte}, go to the tab called “Funds” and click on “Withdraw”. {MoneyByte (MON)|(MON) MoneyByte} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {MoneyByte (MON)|(MON) MoneyByte} by using the provided drop-down box. Drop in the volumen of {MoneyByte (MON)|(MON) MoneyByte} you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you're satisfied, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.

Congrats! You have successfully purchased and safed MoneyByte (MON) in Azerbaijan.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {MoneyByte (MON)|(MON) MoneyByte} is stored within your wallet, you're finished.

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