A Step-by-Step-Guide on how to buy Decentraland (MANA)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting your first 10 Dollar.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Decentraland (MANA) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find (MANA) Decentraland As soon as your deposit has been affirmed, you will directly have access to your funds and you can launch buying and trading. To purchase (MANA) Decentraland on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to find (MANA) Decentraland, you will need to insert the cointype (MANA) into the search-box, which is highlighted in the picture. Be certain of having choosen the right pairing, we have highlighted this too. Click on “MANA/BTC” to progress.
Step 4 – Purchase (MANA) Decentraland As soon as you've spotted (MANA) Decentraland, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're creating our Limit Order. The ”Price” field will be filled with the most recent tariff (MANA) Decentraland was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of MANA you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete amount of MANA. If you're happy, make a mouse click on “Buy MANA”. Your order will be filled when a Seller trades their MANA for the price you submitted.
Step 5 – Withdraw Decentraland (MANA) Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time period. To take off your Decentraland (MANA), hover over the tab called “Funds” and click on “Withdraw”. Decentraland (MANA) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Decentraland (MANA) by using the given drop-down box. Drop in the volumen of Decentraland (MANA) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.