How to Buy Monad (MON): A Step-by-Step Guide

How to Buy Monad (MON): A Step-by-Step Guide

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Whether you’re a seasoned investor or a blockchain newcomer, this step-by-step guide will walk you through all the ways to buy MON—via centralized exchanges, DEXs, bridges, and OTC desks—while also showing how to use onchain analytics to improve your entry timing and reduce risk.

What Is Monad (MON) and Why It Matters

Before learning how to buy Monad, it’s essential to understand what is Monad and why it’s quickly gaining traction among developers and investors.

Key Features of Monad

  • 10,000+ Transactions Per Second: Achieved through parallel execution
  • Sub-Second Finality: Near-instant transaction confirmation
  • EVM-Compatible: Seamlessly deploy Ethereum dApps
  • Low Gas Fees: Cost-efficient execution for users and developers
  • Developer-Friendly Ecosystem: Robust tooling and community

Monad is built to support the next generation of DeFi, GameFi, and enterprise-grade applications.

How to Buy Monad

1. Set Up a Wallet

Monad supports EVM wallets. Choose from:

  • MetaMask – Popular and browser-based
  • Phantom – Great multi-chain UX
  • Rainbow – Mobile-first option
  • Ledger/Trezor – Secure cold storage

Add Monad Network:

  • Network: Monad Mainnet
  • RPC URL: [Insert official URL]
  • Chain ID: [Insert ID]
  • Symbol: MON

2. Buy MON via Centralized Exchanges (CEX)

Quick Steps:
  1. Create an account on a CEX supporting MON
  2. Verify identity (KYC)
  3. Deposit fiat or crypto (e.g., USDT)
  4. Trade for MON (market or limit order)
  5. Withdraw MON to your wallet (always test with small amounts)

Pro Tip: Compare fees and liquidity across exchanges before trading.

3. Buy MON on Decentralized Exchanges (DEX)

Steps:
  1. Connect your wallet to a Monad DEX
  2. Ensure you have MON for gas (bridge if needed)
  3. Swap USDT/USDC for MON
Why use a DEX?
  • No KYC
  • Full custody
  • Early access to tokens

4. Stake Your MON for Rewards

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Once you hold MON, its time to put it to work. The best way to stake your MON the smartest way is to do so with Nansen Staking:

  • Earn 8–12% APY
  • Secure the network
  • Get 2Ă— Nansen Points via Nansen staking in the first 90 days from Monad’s launch

Conclusion

Whether using centralized exchanges for convenience, DEXs for immediate access, or bridges for cross-chain transfers, each method offers unique advantages.

By combining your MON purchases with Nansen's powerful onchain analytics, you gain insights that help optimize entry timing, reduce risks, and maximize long-term returns. The platform's smart money tracking, real-time metrics, and exclusive 2x points boost for staking MON with Nansen make it the ideal companion for your Monad journey.

Disclaimer

The authors of this content and members of Nansen may be participating or invested in some of the protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Nansen does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Nansen at any time without notice. Nansen accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.

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