A Step-by-Step-Guide on how to buy Decentraland (MANA)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Decentraland (MANA) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Decentraland (MANA) As soon as your deposit has been confirmed, you will directly have access to your funds and you can launch purchasing and trading. To invest in Decentraland (MANA) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. In order to find Decentraland (MANA), you will need to insert the cointype (MANA) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we've highlighted this too. Click on “MANA/BTC” to go ahead.
Step 4 – Acquisition of (MANA) Decentraland Once you've located (MANA) Decentraland, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are going to create our Limit Order. The field with the “Price” tag will be filled with the most up-to-date price (MANA) Decentraland was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of MANA you want to buy. The “Total” field is the whole price in Bitcoin that you'll settle for the complete volumen of MANA. When you are satisfied, click on “Buy MANA”. Your plan will be filled when a Seller sells their MANA for the price you introduced.
Step 5 – Withdraw Decentraland (MANA) Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extensive period of time. To take off your (MANA) Decentraland, go to the “Funds” tab and click on “Withdraw”. (MANA) Decentraland can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Decentraland (MANA) by using the provided drop-down box. Put into the volumen of Decentraland (MANA) you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you are glad, click “Submit”. You could be requested for email/phone verification before a take off.