How to buy MANA from Decentraland metaverse? Full 2022 tutorial

Do you want to buy MANA, the Decentraland metaverse crypto, but you don’t know how to do it? You are in the right place! In just a few minutes you will be able to buy MANA crypto with regulated platforms in France like eToro.

Which exchange should you choose to buy MANA?

You wish buy MANA ? First, you need to choose the trading platform you want to use. There are several of them, and your choice can be made according to different elements, such as the cost of buying and withdrawing the MANA crypto, the ease of use of the platform or its reputation.

That the simplicity of using a platform is essential if you are just starting out in the world of investments and cryptocurrencies. This allows you to buy Decentraland crypto without any problems.

Therefore, if you are in this case, we recommend eToro, a crypto broker perfectly adapted to buy MANA with ease. It won’t take you more than a few minutes to buy MANA crypto.

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Below is a table where we have gathered the most important criteria for using five exchanges to help you make your choice.

Tutorial to buy MANA with eToro

With eToro, buying MANA is extremely easy and fast. This guide describes each step until you acquire your MANA tokens. Crypto broker eToro is regulated in France as it received its PSAN status from the Autorité des marchés financiers (AMF). So you can use it with confidence.

To get started, create your eToro account by clicking the following button (affiliate link) and then clicking ” start investing »:

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After that, you have to answer various investment related questions and then proceed to verify your account. This is a mandatory step for any regulated platform in France. Bring identification and your phone number here.

Once your account has been validated, you can now fund your eToro wallet with euros. Click on ” Make a deposit » in the middle of the dashboard:

eToro Deposit

Credit card or bank transfer, the choice of payment method is yours. Please note that the deposit fee (1%) is the same with eToro regardless of your choice.

Then fill in the required fields in the ” Deposit your account », in particular the amount in euros that you wish to invest, then click on « Security deposit »:

eToro Debit Card

Your euros are credited to your eToro wallet within moments. You are now ready to proceed with the purchase of MANA. To do this, search for ” MANA ” Where ” Decentralized country at the top of the page and click ” Invest »:

eToro MANA Decentraland

Finally, here you must fill in the dollar amount of MANA tokens you want to buy. The eToro crypto broker automatically converts your euros to dollars when you deposit, you don’t have to do anything. Finally, click the button Invest “.

eToro MANA Decentraland

And there you go! You are now in possession of MANA tokens! You are free to send them to an external exchange or wallet.

👉 Do you need more detailed explanations? Here is our opinion and complete tutorial about eToro

What are the other options to buy MANA?

If you want to use another platform to buy MANA crypto, there are of course alternatives to eToro. MANA is a fairly popular token that is listed on Binance, FTX, SwissBorg or Bitpanda.

These platforms are all different in terms of their features, fees for example, and some like Binance offer bets which allow you to generate passive income with crypto from Decentraland.

Of course, if you bought MANA on eToro, you can still bet them on a competing platform by simply transferring them.

Get started with the Decentraland metaverse

that MANA is the cryptocurrency of Decentralized countrya metaverse developed on the Ethereum blockchain. This is a 3D interactive virtual world with a real economy. Specifically, participants can buy virtual land there, THE COUNTRIESor virtual assets.

it is non-fungible tokens (NFT), meaning they cannot be replicated as the ownership of each asset is tracked on the Ethereum blockchain. They can be purchased on the Decentraland Marketplace.

LANDS can be purchased individually, and if a user owns two or more adjacent LANDS, these become a domain or property. Virtual assets are collectibles that include clothing and accessories for your avatar, emotes or even names.

These COUNTRIES are available in limited quantities (approx. 90,000). The owner of a LAND is thus free to build there and create what he wants : experiments, videos, sounds, buildings, etc.

Any LAND owner can whether to make money from the created content on his or her virtual plots, in the way he wants. This is a decentralized project, then Decentraland users are very free.

👉 Find our in-depth analysis of metaverse Decentraland (MANA)

MANA in 2022, an interesting addition to its portfolio?

The MANA token is ranked in the top 50 cryptocurrencies the most valued at the time of writing these lines. It is therefore a popular project that has convinced investors. However, like many cryptocurrencies since the beginning of the bear market, the price of MANA also fell sharply since its peak in November 2021, with a severe -85%.

To measure the growth potential in Decentraland, one must first analyze the potential for metaverses in the future, the competitors and the activity in Decentraland.

Metaverse is one of the new trends of the blockchain world, and some analysts such as those at Bloomberg Intelligence estimate that this market can be valued at 800 billion dollars by 2024. Many companies, and even governments, are embarking on this adventure.

In this context, Decentralized country is one of the pioneers in the field with approximately three years of activity. Also, its biggest competitor so far is The Sandbox. It is a very similar metaverse whose token valuation is on par with Decentraland.

Finally, not surprisingly, activity at Decentraland collapsed in 2022 with the bear market, which is potentially worrying, although most Web 3 project activities have suffered the same fate. We can also ascertain that large companies participate in Decentraland : Netflix, JP Morgan or even Samsung.

In any case, we can only advise you make your own in-depth analysis on Decentraland to determine if buying MANA in 2022 is a good investment.

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FAQ: frequently asked questions about MANA

How long has Decentraland been around?

Decentraland first raised funds in 2017 through an initial coin offering, then the metaverse was official open to the public in January 2020.

MANA, what can we do about it?

All transactions that take place on Decentraland are paid with MANA. That is, you can buy a COUNTRY or virtual assets such as clothes and unique names with the MANA token.

When a user buys a LAND, a 2.5% fee is charged by Decentraland to burn them. Thus, these burned MANA tokens are permanently removed from the supply. What makes MANA a deflationary token.

Finally, it allows you to hold MANA participate in the decentralized autonomous organization (DAO) from Decentraland, to decide on the future of the project. The weight of a user’s vote is proportional to the amount of MANA tokens he owns.

How can I keep up to date with the course and the price of MANA?

You can check our MANA crypto price tracker page if you want to know the course of MANA in euros or dollars, but also other interesting real-time data such as the price graph, the supply of MANA tokens in circulation or the total valuation of the project.

Protect your MANA, how to do it?

After purchasing your MANA tokens, you may want to find a way to protect them as much as possible from a possible theft or hack. For this, using a wallet is the best option. You will need that supports Ethereum networks like MetaMask.

Finally, if you want more security, a physical wallet like Ledgers is a perfectly suitable option.

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