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
Simple 3-step guide to buying MONAD today in Uruguay
Create your free Bitget account
Select a funding method
Complete your Monad purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Monad using a payment method of your choice:
Buy Monad with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Monad order.
How to buy crypto with credit/debit cardBuy Monad with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Monad is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Monad order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Monad order.Buy Monad with the fiat balance in your Bitget account
You can Deposit fiat funds using 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.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Monad in your Bitget spot wallet
Bitget—where the world trades Monad
How to buy 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
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FAQ
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Sharing borders with both Argentina and Brazil, the South American nation of Uruguay forms part of the Southern Cone region of the continent. It’s home to 3.5 million people, with one-third of them residing in the country’s capital, Montevideo, a city heralded as one of Latin America’s safest capitals. Delightfully, it boasts the highest ranking for quality of living in all of South America, serving as the economic hub of a country that recorded an estimated GDP of US$96.81 billion in 2022.
While you’re there, be sure to take a stroll along the 22-kilometer ocean-side promenade, visit the iconic Plaza Independencia, grab a bite at the fragrant Mercado del Puerto, and relax on the vibrant Pocitos beach. Of course, you may also want to make trips to some of Uruguay’s other major tourist destinations, including the resort town Punta del Este, the historic quarters of Colonia del Sacramento, and the rolling hills of Tacuarembo.
Using Uruguay’s national currency – the Uruguayan peso (UYU) – you can purchase Monad(MONAD) in just a few minutes, whether you’re in Montevideo, Mercedes, Artigas, Minas, or anywhere else in the country. Our exchange uses a variety of secure methods, including P2P trading, crypto deposits, and other third-party merchants, such as Apple Pay, Google Pay, and numerous credit cards, to offer you plenty of payment options with proven security.