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How to buy Monad (MONAD) Guide

Updated on:  2024/09/17 08:37:55(UTC+0)
Coin rating
4.5
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In this tutorial, we will discuss:
1
Where and how to buy Monad
2
Alternative methods to obtain Monad
3
Methods to obtain Monad for free
4
What are the applications of Monad
5
Market stats to assist in determining optimal times for purchasing Monad
6
How to safely store your Monad
7
How to withdraw Monad

Where and how to buy Monad

Investing in Monad has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Monad. Here's a step-by-step guide on how to buy Monad on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Monad order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget App image 1Credit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget Website image 1Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget App image 2Add a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget Website image 2Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Monad order.
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How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Monad is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Monad order.
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How to buy crypto via third-party gateway
Buy Monad via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Monad order.
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How to buy crypto on Bitget P2P
Buy Monad with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Monad order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Monad in your Bitget spot account

If you've chosen to purchase Monad on Bitget, your Monad will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Monad

In addition to purchasing Monad directly, there are numerous other ways to obtain Monad.

Convert crypto to Monad with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Monad. Just choose your available crypto assets, specify the amount for the Monad swap, confirm, and check Monad instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Monad with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Monad anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Monad.

Methods to obtain Monad for free

Using real money to buy Monad is not the only way to obtainMonad. If you have the time to allocate, you can get Monad for free.
Learn how to earn Monad for free through the Learn2Earn promotion
Earn free Monad by inviting friends to join Bitget's Assist2Earn promotion
Receive free Monad airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Monad through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Monad Price Page and bookmark them to stay updated!
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Buy Monad in a different country

A selection of popular Monad buying regions.
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A welcome pack of 6200 USDT for new Bitgetters!
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How to buy Monad in other countries?

You can easily buy Monad (Monad) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Monad in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at [email protected]. Last checked on 2024-09-17.

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A welcome pack of 6200 USDT for new Bitgetters!

What can you do with Monad?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
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Store/Hold Monad

Many users hold on to their Monad with the expectation of it increasing in value. You can store your MONAD safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

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Trade Monad

You can trade Monad for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Monad trading to meet your needs.

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Send Monad

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Monad online and send to anyone and anywhere with their Monad address.

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Spend Monad

You can also buy goods and services with your Monad. More and more vendors and retailers accept Monad every day.

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Donate Monad

Bitget Charity accepts Monad donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Monad so no one misses out on the growth made possible by blockchain.

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Learn More About Monad

You can read more in-depth articles on Monad from Bitget Research and study how cryptocurrencies like Monad work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Monad

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Monad facts from our Bitget Academy articles. Learn why people buy Monad today!

What Is Monad (MONAD)?

Monad is a high-performance Ethereum-compatible L1 that combines portability and performance. It offers full bytecode and RPC compatibility with Ethereum, allowing applications and infrastructure to be seamlessly ported to Monad. In terms of performance, Monad provides 10,000 transactions per second, 1-second block times, and 1-second finality, enabling support for more users and interactive experiences at lower per-transaction costs.

How Monad (MONAD) Works

Monad achieves exceptional performance through parallel execution and superscalar pipelining in the Ethereum Virtual Machine. Parallel execution utilizes multiple cores and threads to execute work in parallel while maintaining the original order. Superscalar pipelining involves creating stages of work and executing them in parallel, allowing for more efficient resource utilization. Monad introduces pipelining to address existing bottlenecks in state storage, transaction processing, and distributed consensus. This includes pipelining in MonadBFT consensus, deferred execution, parallel execution, and MonadDb state backend. These architectural improvements, implemented in C++ and Rust, enable the platform to scale for decentralized apps.

How to Buy Monad (MONAD)

Consider investing in Monad (MONAD)? It only takes 2 minutes to create an account on Bitget and start trading MONAD.

Monad (MONAD) Resources

Official Website

Official Documents

How to safely store your Monad

After purchasing your Monad, you have several options for managing it. You can store it in your personal crypto wallet or keep it in your Bitget account. Some investors choose to hold onto their Monad for long-term growth. For enhanced security and risk management of your MONAD assets, consider using Bitget Wallet, known for its top-tier protection supported by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors.
Here's how you can manage your MONAD on Bitget:
1. Storing your Monad:
  • Sign up and transfer MONAD to your Bitget account.
  • Alternatively, use Bitget Wallet as a self-custody solution for your MONAD.
2. Trading and earning:
Trade Monad for other cryptocurrencies or stake MONAD on Bitget Earn to earn passive income.
Sign up now to benefit from secure Monad management with Bitget.

How to withdraw Monad with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Monad or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Monad you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.
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How to buy Monad (MONAD) Guide

FAQ
How do I purchase Monad?
Nowadays, you can purchase and store Monad hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Monad. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Monad?
In theory, Monad can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Monad?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Monad?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Monad?
The best place to buy Monad is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Monad right now?
You should make a decision on purchasing or investing in Monad or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Monad online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Monad instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Monad purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.