Monad coin ( MON ) is the crypto asset of the Monad project, aiming to provide a high-speed and decentralized Layer-1 public chain. Its core features include asynchronous and parallel execution, Monad BFT consensus mechanism, and high-performance storage. Users can use MON with wallets compatible with Ethereum, and the token is used for security, gas fees, and staking, etc. To purchase MON, one needs to open an account on the trading platform and verify their identification, after which transactions can be conducted.