A Step-by-Step-Guide on how to buy Decentraland (MANA)
Step 1 – Join CEX.io You will first need to buy units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum or Bitcoin has 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 will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Decentraland (MANA) As soon as your deposit has been approved, you will directly have access to your finances and you can start purchasing and trading. To purchase Decentraland (MANA) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To spot Decentraland (MANA), you will need to insert the cointype (MANA) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “MANA/BTC” to progress.
Step 4 – Buy (MANA) Decentraland After you've discovered (MANA) Decentraland, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price (MANA) Decentraland was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of MANA you like to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the complete volumen of MANA. When you're happy, make a mouse click on “Buy MANA”. Your order will be filled as soon as a Seller sells their MANA for the price you introduced.
Step 5 – Withdraw (MANA) Decentraland Unless you are trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive period of time. To take off your (MANA) Decentraland, go to the tab called “Funds” and mouse click on “Withdraw”. (MANA) Decentraland can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (MANA) Decentraland by using the given drop-down box. Drop in the quantity of (MANA) Decentraland you would wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.