How to buy Monacoin (MONA) with iDeal via bitFlyer
Trying to find out how to buy Monacoin? bitFlyer is the most efficient and convenient solution for both a simple and powerful crypto-trading experience. But before actually revealing all the steps of the process, let’s take a closer look at Monacoin currency and define what it actually is.
What is Monacoin?
Monacoin was separated from Litecoin back in 2014 and can be defined as a decentralized and open-sourced cryptocurrency. Monacoin was the second cryptocurrency that emerged after Bitcoin. It was created in Japan and soon became one of the most popular altcoins for crypto traders. bitFlyer offers an opportunity for its customers to diversify their crypto portfolio with the MONA altcoin. This page will give you the most detailed look at how to do this with bitFlyer and buy some Monacoin with iDeal.
Is it possible to buy Monacoin on bitFlyer?
The bitFlyer platform offers many convenient ways of buying Monacoin. However, buying MONA with the iDeal payment system is deservedly considered one of the fastest, safest and most efficient payment methods. Buying Monacoin with iDeal won’t take longer than a few minutes. bitFlyer is widely known as a reputable and trustworthy Monacoin exchange and crypto-service, providing both entry and high-level trading tools. The platform implements the latest and most innovative technologies and values customers above anything else.
Whichever payment method you’re going to use, each of them has its own advantages. We have carefully prepared the next section to help you get familiar with iDeal.
Steps to buy Monacoin (MONA) with iDeal on bitFlyer
There are many advantages to using iDeal on bitFlyer. With iDeal, you get:
- Speed. All financial transactions happen in the blink of an eye. Purchasing Monacoin with iDeal takes no longer than a few minutes.
- Security. iDeal is known to be one of the safest payment systems in Europe, with millions of satisfied customers and successfully completed transactions. It implements the latest and most innovative encryption technologies to protect your data from being stolen and used illegally.
- Simplicity. The iDeal payment system was designed specifically for customers with different levels of expertise. So is bitFlyer! Moreover, you don’t even have to register on the platform. If your bank is a partner with iDeal, simply enter the name of your bank and iDeal does the rest.
No matter your level of experience with crypto trading, buying Monacoin with the iDeal is a straightforward process. So, what do you need to know to start trading successfully with bitFlyer?
The first step is creating an account on our platform. The process is simple and can be done via the desktop version and our mobile application as well. The platform will prompt you to enter your personal and financial details in the required fields. Moreover, you have the option of upgrading your account to Trade Pro so you can enjoy limitless deposits and withdrawals while trading your Monacoin on bitFlyer.
- Then, go to the “Instant Buy” section and choose the Monacoin digital currency you want to buy.
- Select the exact amount of EUR you want to invest in.
- Select the iDeal as the payment method of your choice.
- Confirm the payment transaction and that’s it, your MONA has been bought!
Other methods to buy Monacoin (MONA)
The process of buying MONA with iDeal is very simple. However, there are other methods that are available to our customers. These are: Credit and Debit Cards, Sofort, Giropay, a Direct Bank Transfer or a SEPA bank transfer.
Each of these payment methods has its pros. Credit and Debit cards are one of the most popular methods of payment due to the ease of use. It's like buying anything else online around the world. And Sofort and Giropay are one of the most reputable payment service providers among European crypto customers.
Direct Bank Transfer or SEPA Bank Transfer allows users to transfer a bit of fund and then use that balance when and how they so choose. You can try each of these payment methods and decide which one you prefer.