I never set it up , but I send some coins to my friend and he set it up . Good thing , every day u get some amount of coins bcs u own higher amount of same coin(every coin have their ''rules'' which tells u how much coins u need to start MN), but it's very risky bcs there are lot of scams now , try to explore coin in which u invest , roi , team ... Dash and Gobyte are good coins for MN(masternode)