A Step-by-Step-Guide on how to buy Decentraland (MANA)
Step 1 – Signup to CEX.io You will first need to buy one of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and receive your Bitcoin or Ethereum.
Step 2 – Transfer Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Decentraland (MANA) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Decentraland (MANA) As soon as your deposit has been approved, you will immediately have access to your funds and you can begin purchasing and trading. To buy Decentraland (MANA) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. To find Decentraland (MANA), you will need to insert the short name of the asset (MANA) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this too. Click on “MANA/BTC” to proceed.
Step 4 – Buying Decentraland (MANA) As soon as you have spotted Decentraland (MANA), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation Decentraland (MANA) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of MANA you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole quantity of MANA. When you're satisfied, make a mouse click on “Buy MANA”. Your order will be filled as soon as a Seller sells their MANA for the price you offered.
Step 5 – Withdraw Decentraland (MANA) Unless you're trading, never keep your crypto on an Cryptocurrency Exchange for an extended time period. To take off your Decentraland (MANA), hover over the tab called “Funds” and mouse click on “Withdraw”. Decentraland (MANA) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Decentraland (MANA) by using the provided drop-down box. Enter the volumen of Decentraland (MANA) you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.