How to Buy MonaCoin (MONA) in 4 Easy Steps

Price updated 3 mins ago

Quick Answer:

You can buy MonaCoin and have it in your wallet in less than one hour in 4 simple steps:

  1. Find the best exchange that sells MonaCoin.
  2. Register a new account.
  3. Fund your account.
  4. Buy MonaCoin.
MONA
$0.41887217055105

These steps are simple if you know where to buy MonaCoin cryptocurrency -- but knowing where to buy is the hard part.

Many cryptocurrencies are only offered on less well-known exchanges, and finding the best place to buy MonaCoin (MONA) and then figuring out if that exchange is trustworthy is more than most people - even experienced crypto traders - can handle!

We've done all the hard research for you. Let's get started.

Step 1Find the Best MonaCoin Exchange

Ultimately, doing your own research in crypto is the best way to learn the processes of moving your money, finding promising investment opportunities, and buying and selling cryptocurrencies.

We have done years of work to make this as simple as possible for you.

Why You Should Trust Our Recommendations

346

We started with 346 crypto exchanges.

We start by evaluating our comprehensive list of 346 exchanges that we have spent 7+ years and 600+ hours gathering data on.

15

Only

15

of these exchanges sell MonaCoin.

We then filter down the entire set of possible marketplaces to only the ones that have active MONA markets.

8

Only

8

of these exchanges have $100m in daily trade volume.

We then remove any exchanges that don't have adequate trading volume to make buys and sales of all sizes.

4

Only

4

remaining exchanges received a 7/10 Trust Score.

We give each exchange a trust review rating using history, longevity, proof of reserves, and reputation.

1

Apply our editorial review process to rank the remaining exchanges.

We manually review the remaining candidates to declare a winner.

The Winner is Zengo

VISIT Zengo Read Review
Reasons we ♥ Zengo
Keyless security
Asset Recoverability
User-friendly design
Broad Cryptocurrency Support
24/7 Support
CRYPTOCURRENCIES: All
FUNDING:
Apple Pay
,
Bank Transfer (ACH)
,
Credit Card
,
Cryptocurrency
,
Debit Card
,
Google Pay
,
SEPA
,

Step 2Register Your New Account

  1. Download App: Get the ZenGo wallet app from the App Store (iOS) or Google Play (Android).
  2. Create Wallet: Open the app and select “Create a New Wallet” to initiate the setup.
  3. Set Security: Implement security measures including Face ID or Touch ID, email verification, and a keyless backup system.
  4. Add Cryptocurrencies: Click “Add Assets” and choose the cryptocurrencies you wish to add.
  5. Begin Usage: Start using your ZenGo wallet to send and receive cryptocurrencies, check balances, and track transactions​​.

Step 3Fund Your Account

Once you have registered or logged in to your account at , there are several funding methods you can use to buy MonaCoin cryptocurrency.

You can buy MonaCoin on using:

Please select listing to show.

  • Bank Transfer (ACH) 3-5 business days processing time
  • Debit Card Instant processing time
  • Wire Transfer 1-3 business days processing time
  • Paypal Instant processing time
  • Apple Pay Instant processing time
  • Google Pay Instant processing time
  • SEPA 1-3 business days processing time
  • EFTCAD 3-4 business days processing time
  • Interac Instant processing time
  • SGD Transfers 2-3 business days, Same day for a fee processing time
  • 3D Secure Card UK Instant processing time
  • Easy Bank Transfer UK Less than 2 hours processing time
  • Faster Payments UK 1-3 business days processing time
  • Instant Card Cashouts UK Instant processing time
  • PayPal UK Instant processing time

Step 4Buy MonaCoin (MONA)

After registering and funding your account at , you should be able to buy MonaCoin after your deposit finishes processing. After you receive your MONA, make sure to secure it and follow best security practices to avoid losing it scams or hacks.

Best MonaCoin Exchanges

MonaCoin is also available on these exchanges:


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Frequently Asked Questions

Yes, MonaCoin is safe to buy. It is listed for trade on some of our top-rated exchanges including Binance, Zengo, Coinbase, Kraken, KuCoin, Bybit, OKX, Gate.io, BingX.

You can buy MonaCoin instantly at Binance, Zengo, Coinbase using their instant buy feature or a credit card.

Yes you can buy less than one (1) MONA. Cryptocurrencies in general are divisible to 16 decimal places.

To buy MonaCoin, you will need to deposit funds into your exchange account - which usually has no fees - and then buy MONA, which will incur a trading or purchase fee; usually 0.1-3% depending on the exchange.

You can buy $1 of MonaCoin at Binance, Zengo, Coinbase.

MonaCoin Investment & Buying Guide

What is MonaCoin?

One of the older altcoins which continues to be tremendously popular in the present, MonaCoin (MONA) bills itself as “the first Japanese Cryptocurrency”, driven largely by community efforts to preserve and enhance its functionality. Though its original intentions were for it to become an in-game currency used by video games produced in Japan, it slowly evolved into more of a broad user base, to be enjoyed by anybody who downloaded its wallet client. Its community is so dedicated that, in order to show appreciation for the coin, a Shinto shrine was erected to it in Japan in 2017.

History of MonaCoin

Originally developed anonymously in December 2013 and announced on New Year’s Eve of that year, the idea for MonaCoin is based off of an ASCII character (graphics out of keyboard text) called “Mona.” One of its core characteristics that the developers still pride itself upon was the fact that MONA enjoyed a very fair launch, having none of its coins “premined,” or issued to any party before publicly launching it. After the collapse of bitcoin exchange MtGOX in 2014, MonaCoin enjoyed an increase in popularity, as a cryptocurrency alternative to bitcoin, advertising itself as “safe and made in Japan.” MonaCoin implemented its own version of SegWit in March 2017 and remains actively updated, making it one of the longest-lasting, most evolved altcoins to ever be created. Upon its last mine block, there will be a total of 105,120,000 coins in circulation. The market capitalization of MonaCoin briefly surpassed the $1 billion mark in December 2017.

How MonaCoin Works

Like Litecoin, MonaCoin was originally designed using scrypt as its hashing algorithm but has since changed to an algorithm called Lyra2RE. Like scrypt, the new algorithm is also Proof of Work (PoW) but is even more ASIC-resistant, meaning it is hard to develop mining hardware dedicated to mining coins with its algorithm. MonaCoin is a fully distributed payment system and relies upon very few third party systems, unlike the vast majority of all other cryptocurrencies. A total of 25 MonaCoins are mined every 1.5 minutes. MonaCoin has proven itself to be very reliable over the years, never having suffered a hacking incident, and the fairness of its launch makes it all the more credible.

Why MonaCoin?

Enjoying the benefits of a large community, MonaCoin users have developed several Mona-based web applications and services to increase its utility. Some of its features include:

Fast transaction processing. The block time for MONA is 1.5 minutes, making it roughly 6 and 2/3 faster for processing payments than bitcoin.

Widespread adoption. As one of the older cryptocurrencies still in existence, MonaCoin enjoys a solid, dedicated user base and considerable merchant adoption throughout Japan. In March 2018, a Japanese real estate developer announced they would soon accept MonaCoin as a payment method.

Dedicated community. Not reliant on a team of “core” developers or third party system, MonaCoin is almost entirely supported by its community, which is very supportive and sizeable, considering the coin has enjoyed an existence of almost 5 years.

MonaCoin (MONA)
Price
$0.41887217055105
24h Change
0.3
7d Change
-3.6