How to buy and sell MONA coin? Picture and text tutorial on MONA coin trading

Reputable crypto exchanges like CoinEX and Binance offer MONA coin trading, allowing users to buy and sell it with specified currency pairs on the platform.

Oct 06, 2024 at 04:24 pm

Step 1: Choosing a Trading Platform

• Select a reputable crypto exchange that supports MONA coin trading, such as CoinEX, Bittrex, or Binance.
• Consider factors like fees, security measures, and trading volume.

Step 2: Creating an Account

• Register with the chosen exchange and complete the necessary verification steps.
• Provide personal information, such as name, email, and ID document.

Step 3: Funding Your Account

• Transfer funds into your account via supported payment methods (e.g., bank transfer, credit card).
• Choose a funding currency that can be exchanged for MONA coin.

Step 4: Finding the MONA/USDT Pair

• Navigate to the exchange's trading interface and search for the MONA/USDT pair (or other desired currency pair).
• Verify that the price and available liquidity are suitable.

Step 5: Placing a Buy or Sell Order

• To buy MONA coin: Enter the amount of USDT you want to spend and select "Buy MONA."
• To sell MONA coin: Enter the amount of MONA you want to sell and select "Sell MONA."
• Choose the order type (e.g., market order, limit order).

Step 6: Confirming and Executing the Order

• Review the order details carefully, including the price and fees.
• Confirm the order to execute it on the exchange.
• The order will be filled immediately (for market orders) or once the market price reaches the specified limit (for limit orders).

Step 7: Withdrawing MONA Coin

• If you want to store your MONA coin externally, create a wallet compatible with the coin.
• Go to the exchange's withdrawal page, enter your wallet address, and specify the amount of MONA you want to withdraw.
• Complete the withdrawal process and wait for the transaction to be confirmed.