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How to buy MonaCoin (MONA) in the US

Learn how to buy MonaCoin (MONA) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

Where to buy MonaCoin

Unfortunately, at this time no major exchanges in the US offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

What to consider when buying MonaCoin

Cryptocurrency can be a risky investment, so it’s good practice to evaluate the platform and purpose of the token.
  • Consensus mechanism. In the 2020s, most new cryptocurrencies have been moving away from Proof-of-Work (computer mining) mechanisms due to its negative impact on the environment. Bitcoin has famously come under the spotlight for this. As computer mining continues to get updated due to tightening regulations, how MonaCoin adapts their network may impact the price.
  • Use case. Although MonaCoin is available globally, its use case is mostly limited to Japanese products. Those that aren’t living in Japan (or planning to), or aren't consuming Japanese products, have no real use for MONA.
  • Competition. MONA’s point of difference is that it is heavily focussed on the Japan region, but beyond that, it doesn’t offer anything particularly unique. Its function is very similar to a lot of other PoW, older networks that have much greater exposure (BitCoin, LiteCoin etc.). Many other cryptocurrencies are also often used for mobile and online gaming.

How to sell MonaCoin

You can cash out your MONA with the same exchange you bought it through:

  1. Sign in to the exchange you have MONA on.
    If you store your MonaCoin in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of MONA you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of MonaCoin.

Disclaimer: Cryptocurrencies, including MonaCoin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of MONA is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the MonaCoin or any other cryptocurrency discussed.

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