How and Where to Buy Decentraland in the UK

What is Decentraland?

Decentraland is an NFT game on the Ethereum blockchain, which is a virtual world in which users create land and artworks.
The game appeared in 2016, and has gone from a simple 2D experiment to a vast 3D world.

Decentraland developers Estaban Ordano and Ari Meilich have created a virtual space with digital properties, objects, and other customizable assets. All in-game assets are purchased with MANA, Decentraland's ERC-20 token.

Decentraland users can buy MANA on several exchanges for cryptocurrency or fiat currency.

How to buy Decentraland (MANA)

In general, the process of buying a crypto token is simple:

  • Step 1 — Sign up at CEX.io
  • Step 2 — Fund your account
  • Step 3 — Buy cryptocurrency

Now let's understand in detail how to register on the most popular and reliable exchanges, to verify your account and make an order.

Exchange Name:

CEX.io

CEX.IO Logo

Deposit Methods:

Credit card
Debit card
Bank transfer
Skrill

Fiat currencies:

USD, EUR, AUD, CAD, GBP, JPY

Coins Supported:

BTC, ETH, BCH, BTG, DASH, LTC, XRP, XLM, TRX, BTT, MHC, ONT, ONG, ADA, NEO, GAS, ATOM, BAT, XTZ, MATIC, LINK

Buy MANA at CEX.IO (click to expand )

How do I sign up for CEX.io?

CEX.io offers two types of accounts: private and corporate. Creating a personal account takes no more than 5 minutes. When registering at CEX.io it is safer to use an email address and a secure password, but you can also use a social network login (Telegram, Facebook, Google, Github). The process of opening an account on the exchange itself is quite simple and consists of several steps:

 
  • From the home page of CEX.io, click on the “Register” button in the top-right corner.
Register
  • Select type of account: private or corporate.
Create you account
  • Fill out the form: enter your email and password; confirm that you agree to the terms and privacy policy of the exchanger; solve the captcha and click on the register button.
Fill out the form
  • Check your email and confirm it. Be aware that you only have 24 hours to confirm it. Then also verify the telephone number.
Confirm your email
Welcome to CEX.IO
  • After confirming your email, you will need to verify it by hovering over the profile icon and selecting "verify".
Verification
  • Verification consists of 3 stages, starting with the first.
Verification consists of 3 stages, starting with the first
  • Fill in the following fields: Country, ZIP code, Province/State, Street Address, City, Apartment/Suite
Fill the following fields
  • After completing these fields, go to the next step, enter the phone number and press “send code” to receive the code.
Phone verification
  • You must then submit a scan of one of the following documents: International Passport, National ID Card, Driver's Licence.
Proof of identity document
  • To be verified, upload a photo of your document and selfies as shown in the screenshot.
Upload a photo of your document
  • After you have sent your documents, you must fill in personal information about yourself.
Personal Information
  • After filling in your personal information, go to the next step. Fill in the International passport information.
International passport information
  • Once you have filled in all the fields, proceed to the next step.
Proceed to the next step

Congratulations, you have passed the first stage of identity verification and now have access to deposits up to $3,000 per day and withdrawal limits of up to $10,000.

Let's find out how to buy MANA on CEX.IO

To buy MANA, click Spot Trading in the dropdown menu:

Spot Trading

The spot trading window opens. Enter “MANA” in the search box and press “Enter”. The search will show the currency pairs available for trading.

Search

Then select the desired pair. MANA/USD is currently available on CEX.io. The following page will open:

To buy MANA, you need to place an order. On CEX.io, you can use the most popular order types: market and limit orders.

Limit Order — an order to buy a token below the market or to sell it above the market at a set price. Execution of such an order may take some time. The limit order will not be executed until the price reaches the price specified in the order. These orders can be partially executed if there is not currently enough volume at the appropriate price to cover the entire order.
If you have chosen this option, enter the amount of MANA you wish to purchase in the “Amount to Buy” field. Then click on the “Place to Order” button and await the results of the order.

Market Order — an order to buy or sell a cryptocurrency, which occurs immediately at the best available market price. A Market Order is usually executed instantly and cannot be cancelled. Only the absence of orders in the order book can prevent the execution of the order.

If you have decided this option, enter the amount you wish to purchase MANA tokens in the “USD to Spend” field and click on the “Buy now” button. The purchased tokens will appear in your account almost immediately.

Creating an account and buying MANA token on CEX.io is easy. If you have a need to buy this token, this exchange might be the best option for you.

Exchange Name:

Binance

Deposit Methods:

Cryptocurrency
Credit card
Debit card
Simplex
Koinal

Fiat currencies:

USD, AUD, EUR, GBP, NZD, CZK + 46 others

Coins Supported:

BTC, ETH, LTC, XRP, LINK, BNB, TRX + 181 others

Buy MANA at Binance (click to expand )

How to register on the Binance exchange 

To conduct transactions on the exchange Binance, you need to create an account.

  • To do this on the main page of Binance, press the Register button
Register
  • Before continuing, you need to specify the country/region of residence, then press Confirm
Where do you live
  • Then click Create Personal Account
Create Personal Account

Create an account:

Create an account
  • Enter email
  • Create strong password
  • Accept Binance terms of service
  • Click create account

You will also need to activate your account: to do this, go to the email and find the 6-digit confirmation code in the letter from Binance, which you specify on the site. After that, the system will redirect a new user to a personal account.

Account verification
Welcome to Binance

How to get verified on Binance

Passing the verified and extended verification opens more trading opportunities for the trader. Let's look at what they are.

Stage 1 verification (confirmed)

Stage 1 verification (confirmed)

To pass the 1st stage of verification:

  • Click on the profile icon in your personal cabinet and select the Verification tab;
  • In the confirmed column, click Start;
Verify Your Account
  • Specify the country of issue and select the document to be used for verification, then click Continue;
Select Country of Residence
  • After entering personal information about yourself and click further
Personal Information
  • Next, you need to take a photo of the document, select take a photo;
Image
  • Take a photo that meets the requirements and click continue;
  • The next step is to go through the facial recognition procedure: you will need to take and upload selfies;
Facial Recognition
  • Next, you will need to complete the verification process on your mobile device: go to the Binance app and follow the instructions;
  • After the verification on your phone is complete, click I completed the process on my phone;
Completing facial recognition
  • In the new window, we will be informed that the application is under consideration and its result will be sent to the email address linked to the exchange. Click OK.

Processing time for verified verification: up to 10 days.

PLUS extended verification

Having completed the basic verification, the trader can go through the extended verification. For this, the trader will be required to provide the necessary documents with their residential address.

The advantage of the PLUS verification on Binance is the extended deposit and withdrawal limit in fiat: up to $200,000 per day.

To pass the extended verification, select the Verification tab in your personal cabinet, in the new window — Verification PLUS — start. And follow the instructions.

Term of consideration of application for extended verification: up to 10 days.

How to buy MANA with a card

From the home page, find the Buy Crypto tab, select Credit/Debit Card from the drop-down list 

How to buy SAND with a card

Next, specify the amount of MANA you wish to buy and press Continue

Buy MANA

Adding a new card

Add New Card

Confirm payment and buy MANA

Confirm

How to buy MANA on the market

To buy MANA on the market, click on Trader and select Classic

How to buy MANA on the market

Then choose a trading pair, for example if you have USDT on your balance you can buy MANA for USDT, to do this choose the trading pair MANA/USDT

MANA/USDT

Now we can start buying Decentraland.

There are 3 types of orders on Binance — limit, market, stop-limit.

Spot

To buy MANA through limit order, you must set the price at which we want to buy a coin, to do this in the field Price set the order price, in the amount field set the number of tokens that we would like to buy. Thereafter, the total field will show the amount of USDT needed to buy MANA tokens.
Then you need to press Buy MANA and your order will be placed in Open order.

You can also buy MANA through market-order, to accomplish that, simply enter the necessary number of tokens into the amount field and click Buy MANA, thus you will immediately buy Decentraland at the current market price.

The next type of order is a stop-limit order. To use it, you need to set the stop price at which you want to buy the token, and in the limit field the maximum price at which you are willing to buy it.

How to exchange any coin for MANA

To exchange any coin for MANA, select Trade → Convert in the menu 

How to exchange any coin for MANA

Then in the From field select a cryptocurrency which is available, for example Ethereum, in the To field select MANA. Then enter the amount of ETH we want to exchange into MANA.

Enter an Amount

Once you have entered the required data, Preview Conversion will appear. If the values you entered are correct, and you are satisfied, click on Convert and MANA will be deposited into your wallet.

Exchange Name:

Gate.io

Deposit Methods:

Cryptocurrency

Fiat currencies:

No

Coins Supported:

Bitcoin, Ethereum, Litecoin, USDT, XMR, DAI, BCH, others

Decentraland overview

Genesis Date

2017-09-06

Market Cap Rank

33

Market Capitalization

1,460,210,000 GBP

Current Price

0.80639

Available Supply

2,193,590,000

Circulating Supply

1,810,790,000

Max Coin Supply

2,193,590,000

Decentraland Price History

24 Hours Trading volume

266,370,000 GBP

24 Hours Trading volume change

54.7%

24 Hours Low

0.766879 GBP

24 Hours High

0.811799 GBP

24 Hours Price Change

4.9%

7 Days Low

0.729932 GBP

7 Days High

0.818843 GBP

7 Days Price Change

5.1%

30 Days Low

0.664522 GBP

30 Days High

0.832451 GBP

30 Days Price Change

2%

90 Days Low

0.587139 GBP

90 Days High

1.32656 GBP

90 Days Price Change

-39.2%

1 Year Low

0.447854 GBP

1 Year High

1.32656 GBP

1 Year Price Change

60.7%

Where to Store Decentraland

Since MANA is an ERC-20 token, any compatible web wallet, such as MetaMask, can be used to store it.

Hardware wallets such as Ledger and Trezor also support ERC-20 token storage.

Note that MANA is not supported directly in Ledger Live, and you will have to connect the device to MetaMask or MyEtherWallet to actively manage the tokens.

MetaMask is a decentralized wallet for Ethereum and ERC20 tokens that allows the user to send, receive and exchange cryptocurrency with full control over their keys.

Ledger was founded in 2014 and is a leading manufacturer of secure cryptocurrency storage devices. Two of the company's best-known products are the Ledger Nano S and Ledger Nano X hardware wallets.

Trezor Wallet is considered the first hardware wallet for storing cryptocurrency. It was developed in 2014 by Satoshi Labs.

How to Trade Decentraland

You can trade MANA tokens on special marketplaces. The most popular trading platforms currently are Bitcoin Era, Bitcoin Revolution and Bitcoin Superstar. They offer their users a wide range of services.

BitcoinEra Logo

Min Deposit

$250

Exclusive promotion

Ranking

9.5

Bitcoin Era is an AI-powered trading system that provides automated cryptocurrency investment services for the sake of gaining profit. The platform is backed up by algorithmic analysis that ensures a high level of accuracy. However, you can also apply customized parameters and abandon auto-trading.

Bitcoin Revolution logo

Min Deposit

$250

Exclusive promotion

Ranking

9.0

Bitcoin Revolution is a live trading platform with automated trading functionality. The platform is fairly new - it was launched in 2017. Over the last few years, it has managed to build a good reputation, although some hurdles were faced along the way.

Logo of Bitcoin Superstar

Min Deposit

$250

Exclusive promotion

Ranking

8.5

Bitcoin Superstar is an automated trading technology based on algorithms to determine which options will guarantee positive results in a risk-aversive approach and develop effective strategies.

FAQ

How can beginners buy Decentraland in the UK?

The easiest way to buy MANA tokens for a newcomer is to use a cryptocurrency exchange. For example, CEX.io.

What is the safest way to buy Decentraland?

The safest option for purchasing MANA tokens is to buy them on a regulated cryptocurrency exchange.

What is the minimum amount to invest in Decentraland?

The minimum investment amount for a MANA token depends on the cryptocurrency exchange on which you intend to buy it. Presently, the average is £30.

Is Decentraland a good investment in 2022?

Decentraland is a very high-quality project that is very popular. Investing in a MANA token can be very profitable.

How to invest in Decentraland?

To invest in a MANA token thanks to a financial advisor, you will need to decide on an investment amount, choose a cryptocurrency exchange, register with it and purchase tokens.

Where is the best place to buy Decentraland?

The MANA token is traded on almost all leading cryptocurrency exchanges. The most popular trading pair is MANA/USDT. 

Disclaimer

Cryptocurrency trading is a high-risk investment that is not appropriate for all investors. Before you decide to trade cryptocurrencies, think about your financial goals, level of knowledge, and risk tolerance. Furthermore, you should not invest money that you cannot afford to lose because there is a chance you will lose some or all of your initial investment.

You should be aware of all the dangers of cryptocurrency trading and get financial counsel from someone who is not affiliated with any cryptocurrency exchange. This website's opinions, news, research, analysis, pricing, and other information are offered solely for educational purposes and do not represent investment advice.

Jack Evans


I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments.

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