Discover how to buy Decentraland (MANA) on an exchange you can trust
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Decentraland (MANA) is currently at
$0.16150
$0.0033000 (+2.04%)
Last updated on --.
How can I buy Decentraland on OKX?
Whether you're new to crypto or an experienced trader, you can buy Decentraland using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose Decentraland
Select Decentraland and buy using your chosen method.
Step four
Receive your Decentraland
Confirm your purchase and store your Decentraland in your portfolio.
What's Decentraland?
Decentraland is like a digital playground where you can create and explore virtual worlds. Imagine a place where you can build your own house, play games, or even attend events, all online. It exists to give people a space to express creativity and connect with others in a virtual environment. It solves the problem of limited physical space by offering endless possibilities in a digital world.
How can I buy Decentraland?
1) Visit OKX and create an account by providing your email and setting a password. 2) Verify your identity with a government-issued ID to comply with U.S. regulations. 3) Fund your account using a bank transfer, credit card, or other local payment methods. 4) Navigate to the trading section, search for Decentraland, and place a buy order by entering the amount you wish to purchase.
Why do people buy Decentraland?
People buy Decentraland to participate in a growing virtual world where they can create, socialize, and explore. It offers practical benefits like owning digital land, creating unique experiences, and engaging with a global community. Decentraland is part of a larger trend towards virtual reality and digital ownership, making it relevant in today's tech-driven society. However, it's important to understand its limitations, such as the need for technical skills to fully utilize its features.
Things to know before buying Decentraland in the United States
In the United States, cryptocurrencies like Decentraland are legal but regulated. You must complete KYC/AML verification when buying, which involves providing personal information. Tax implications include reporting any gains or losses from selling or using Decentraland, as it's considered property by the IRS. Understanding these rules helps ensure compliance and avoid potential legal issues.
What are other ways to own Decentraland?
You can obtain Decentraland through alternative methods like participating in airdrops, where tokens are distributed for free. Some platforms offer Learn-and-Earn programs, rewarding you with tokens for completing educational tasks. Additionally, you might earn Decentraland by providing liquidity or participating in network activities. These methods often require effort and understanding of the risks involved, such as market volatility and technical requirements.
How can I store my Decentraland?
To keep your Decentraland safe, consider storage options like custodial wallets, where a third party holds your tokens, or non-custodial wallets, giving you full control. Hot wallets are online and convenient but more vulnerable to hacks, while cold wallets are offline and more secure. Always back up your wallet, keep recovery phrases safe, and use strong passwords to protect your assets. Understanding these options helps you store your tokens securely.
Why should I buy Decentraland on OKX?
Learn more about the security measures keeping your Decentraland safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
Learn more about how to buy Decentraland (MANA)
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How to get Decentraland for free
Invite friends, earn rewards
See how you can get free Decentraland when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your Decentraland grow, for free. Put your crypto to work, 24/7.
Join airdrop campaigns
You can get free Decentraland airdropped to you when you join campaigns.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade Decentraland
Take advantage of price fluctuations and trade your Decentraland for other cryptocurrencies.
Send Decentraland
Send your Decentraland anywhere, anytime with fast, low-cost transfers.
Spend Decentraland
Use your Decentraland to pay for goods, services, and experiences seamlessly.
Hold Decentraland
If you think your Decentraland will increase in value, you can hold onto it.
Sell Decentraland
Convert your Decentraland to cash quickly and securely.
How to buy Decentraland (MANA) FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Decentraland MANA safely on a trusted exchange like OKX.
Choose the best exchange to buy Decentraland (MANA) depending on your individual needs. Factors to consider when picking the best place to buy Decentraland (MANA) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Decentraland. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell Decentraland (MANA), as well as fiat withdrawal options.
This depends on the method you use to convert Decentraland (MANA) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.