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Decentraland

How & Where to Buy Decentraland A Step-by-Step Guide to Buying MANA

Congratulations! You can buy Decentraland directly with cash at Gemini.

  1. Sign up at our one of our top-ranked Decentraland exchanges.
  2. Fund your new account with cash or crypto.
  3. Buy DecentralandMANA

Read on for detailed instructions below on where and how to buy Decentraland and you will be a DecentralandMANA owner in no time at all.

  1. STEP 1Register at a MANA Exchange

    Best Decentraland (MANA) Exchanges

    • 1486429286
      Ease of use
      Very Easy
      Time to 1st Buy
      10 min
      24h Volume
      $20,659,392
      Coins
      44

      Founded by the Winklevoss twins, who also conceived Facebook, Gemini is an ultra-convenient and incredibly legitimate platform that has gone through every level of financial scrutiny possible to be the most reliable cryptocurrency exchange in the US. Truly too legit to quit, this is one of the few exchanges where your funds are actually insured in case of theft. USD-only, features most of the well-known cryptocurrencies.

    After choosing one of the exchanges listed above, you will need to create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Decentraland DecentralandMANA quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy MANA with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for MANA.

Frequently Asked Questions About Buying & Selling Decentraland (MANA)

How do I Buy MANA with Crypto?

If you want to buy MANA with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Gemini and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to Gemini.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Decentraland (MANA)?

To sell MANA, simply reverse the buying process described above. You will likely need to trade your DecentralandMANA into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Decentraland Research Center

Decentraland Technical Details & Statistics

Tokenomics
  • Market Rank68
  • Market Cap1,193,828,203
  • Circulating Supply1,690,654,645
  • Total Supply2,194,149,827 MANA
Yesterday's Trading
  • 24 HR Volume130,560,300 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

What is Decentraland?

Decentraland is a virtual reality platform that uses the Ethereum blockchain to store information about virtual land ownership and content. Its platform-native token, MANA, can be used to buy empty land parcels on which users can build content vertically, including the addition of DApps and other services for which they can be paid. As a project meant for students, artists and gamers, the eventual goal of Decentraland is to create a fully-interactive 3D world, complete with VR support and customization of the world’s laws of physics, with verification of all content kept live and on the blockchain.

History of Decentraland

Decentraland was founded by Ari Meilich and Estaban Ordano, who had previous experience developing the Streamium and Bitcore projects. The project first got started as early as 2015 when a bitcoin-like Proof of Work algorithm was used to allocate “land” based on a pixel-formed grid to participating miners. In August 2017, the platform-native MANA token was distributed to purchasers during a contribution period, which allows users to claim parcels of digital land and communicate with one another. By the end of the year, claims to land within the Decentraland VR environment began, with plans to begin implementing a multi-user environment and advanced features in 2018. MANA has been traded on cryptocurrency exchanges ever since the finale of Decentraland’s contribution period, and the token has already enjoyed an immense amount of success during the short time it has been in existence.

How Decentraland Works

Users buy “land” on the virtual reality platform using MANA, with each empty, purchasable land tile representing a space of 10m x 10m. Users can build upwards without limit on their purchased space. Transactions for land purchases are validated using Ethereum smart contracts, as well as data hashes representing content within the virtual world. Decentraland simply provides the platform for a VR space which participants can build upon and add value to, all of which cannot be regulated by a centralized authority and is overseen by the community.

Why Decentraland?

Decentraland and MANA represent a departure from most cryptocurrency platforms in that it is built for gaming and its token is the currency for purchases within the game. It offers the following benefits as a platform:

Public virtual world. In contrast from most similar VR-type environments that are controlled by a particular vendor or publisher, rules are created by the users and can be changed based on consensus.

User owned and controlled content. In Decentraland, each participating user has full control over the land they own and can keep all proceeds generated from services they offer to other users.

Unforgeable ownership record. Because the Ethereum blockchain is immutable, all records of ownership cannot be altered or tampered with by outside forces.

Ethereum-based token. As an ERC20-compliant token, MANA enjoys all the benefits of using the Ethereum network to process its transactions, including fast transaction speeds and robust security.

DApp-friendly environment. Some of the potential uses of DApps within Decentraland include casinos, live music performances, workshops, shopping, and anything which can be imagined for integration into a VR setting.