A Step-by-Step-Guide on how to buy Decentraland (MANA)
Step 1 – Join Kraken You'll first need to purchase one of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and to get Ethereum or Bitcoin.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Decentraland (MANA) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Decentraland (MANA) As soon as your deposit has been confirmed, you'll directly have access to your finances and you can start buying and trading. To buy Decentraland (MANA) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To discover Decentraland (MANA), you will need to insert the shortname of the coin (MANA) into the search box, which is highlighted in the image. Make sure you have selected the correct grouping, we've marked this also. Click on “MANA/BTC” to go on.
Step 4 – Purchase Decentraland (MANA) After you've spotted Decentraland (MANA), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to create our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date rate Decentraland (MANA) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of MANA you want to buy. The ”Total” field is the total price in BTC that you will pay for the whole volumen of MANA. When you're glad, click on “Buy MANA”. Your plan will be filled when a Vendor trades their MANA for the price you introduced.
Step 5 – Withdraw Decentraland (MANA) Unless you are frequently trading, never keep your coins on an Exchange for an longer period of time. To withdraw your Decentraland (MANA), go to the tab called “Funds” and click on “Withdraw”. Decentraland (MANA) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Decentraland (MANA) by using the given drop-down box. Enter the volumen of Decentraland (MANA) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.
Congratulations! You've successfully bought and safed Decentraland (MANA).That's it! Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (MANA) Decentraland is stored inside your wallet, you're done.
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