The shift in how people interact with innovations — such as virtual and augmented reality — is highly anticipated in the crypto community. Decentraland is a unique blockchain venture enabling this internet of the future. The project provides a virtual world that brings the metaverse closer to becoming a reality. Decentraland is powered by its native token, MANA, which gamers use to buy LAND (a non-fungible token) on the platform. This guide gives step-by-step directions on how to buy decentraland with a credit card.
How to buy decentraland with a credit card
Buying decentraland with a credit card is one of the most convenient ways to acquire the token. Here’s how you can purchase MANA with a credit card.
1. Choose a cryptocurrency exchange platform that accepts credit cards: MANA is available to trade on many cryptocurrency exchange platforms. In this case, we’ll use Coinbase to demonstrate the process.
2. Create a new account on the website or app: Go to the Coinbase website and complete the registration and verification process.
3. Open the Coinbase app: Once you have completed the registration process, open the Coinbase mobile app to buy crypto.
4. Select MANA: Go to the search bar, enter, and select MANA to begin the purchasing process.
5. Select Buy MANA: On the following page, you will see several options for Decentraland (MANA). Select the plus sign to buy crypto.
6. Select the payment method: You will need to register your credit card with Coinbase before you can use it. Coinbase accepts Visa and MasterCard.
7. Select the amount of MANA to buy: Enter the amount of MANA to buy, then select “Review Order” to continue.
8. Review your order: Make sure that all facets of your transaction are correct. After you have reviewed your order, select “Buy Now.”
8. View order: You have successfully bought MANA. You can now view your order or continue to explore the platform.
After you are finished buying MANA with a credit card, you have several options to store your MANA tokens in a crypto wallet, including;
- Crypto exchange account wallets.
- Hardware/air-gapped wallets
- Software/hot wallets
A MANA wallet should be secure, ERC-20 compatible, and non-custodial to give you full control over your digital assets. Always remember to prioritize crypto wallet security in order to keep your tokens safe.
What is Decentraland (MANA)?
Decentraland is a play-to-earn (P2E) metaverse game where you can buy or sell virtual real estate and develop digital land created as non-fungible tokens (NFTs). This 3D virtual reality game is built on the Ethereum blockchain.
Decentraland was founded in 2015 by Ari Meilich and Esteban Ordano, held its initial coin offering (ICO) in 2017, and was made public in 2020.
Decentraland is decentralized and governed by a decentralized autonomous organization (DAO) called the Decentraland Foundation. The DAO allows the community to introduce and vote on proposals, auctions, and other activities affecting the platform’s operation. Committee members use a multi-sig wallet to guarantee the security of the DAO.
You can use Decentraland as a guest, but for a better experience, you’ll need a hot or cold digital wallet to store the digital assets found on the platform.
The immersive virtual universe uses blockchain technology to create various interactive experiences for gamers. It operates using two digital assets, LAND and MANA.
LAND
LAND is a non-fungible ERC-721 token used in Decentraland. The NFTs represent parcels of digital real estate on the platform. LAND is a finite resource with only 90,601 16m x 16m unique land tokens available, creating scarcity and potentially increasing market value.
LAND owners can build scenes, buy in-game items, and create a range of experiences on their parcels of land. They can also visit other gamer’s parcels of land and combine two or more parcels to make an estate. LAND is purchased using MANA.
“The metaverse is here, and it’s not only transforming how we see the world but how we participate in it.”
Satya Nadella, Microsoft CEO: LinkedIn
MANA
MANA is a fungible ERC-20 token that serves as the native token of Decentraland. Gamers on the platform use MANA as a utility token to participate in LAND auctions, buy and customize avatars, and get other in-game collectibles and services. MANA holders can also join the Decentraland Foundation and participate in governance.
People can get MANA in different ways, including earning it in-game through rewards, selling goods on the Decentraland marketplace, or through a crypto exchange. You can also purchase MANA using a credit card on multiple digital asset exchanges, including Kraken, Binance, OKX, and more.
Join the Decentraland metaverse
Decentraland is a pioneer in merging blockchain technology and the metaverse. Its fun approach to acquiring and owning tokens promotes crypto adoption and brings gamers into the decentralized economy. Buying MANA with a credit card is an easy and convenient way to join the metaverse and become part of the revolution.
Frequently asked questions
What payment methods are available for Decentraland?
Where can I buy MANA for Decentraland?
Is Decentraland land a good investment?
How to invest in Decentraland?
Disclaimer
In line with the Trust Project guidelines, the educational content on this website is offered in good faith and for general information purposes only. BeInCrypto prioritizes providing high-quality information, taking the time to research and create informative content for readers. While partners may reward the company with commissions for placements in articles, these commissions do not influence the unbiased, honest, and helpful content creation process. Any action taken by the reader based on this information is strictly at their own risk. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
