How to Exchange Decentraland (MANA)
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Historical Price Chart
Decentraland Current Market Data
Name | Decentraland |
---|---|
Price | $0.45 |
Price Change 24h | 0.05% |
Price Change 7d | -4.22% |
Price Change 30d | -15.17% |
Price Change 60d | 2.61% |
Market Cap | $851,226,461.06 |
Circulating Supply | 1,893,095,370.64 MANA |
Volume 24h | $45,194,260.81 |
How to Exchange Decentraland in Just a Few Straightforward Steps
If you are looking to MANA exchange, you are in the right place. Swap Decentraland in a matter of minutes using Exchang.io crypto exchange. Just adhere to these 4 simple steps.
Benefits of Exchanging MANA on Exchang.io
Simple
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Secure
Exchang.io is a safest place to exchange MANA. Get MANA anonymously, without KYC and registration.In touch
Write to us in any unclear situation with MANA swaps. Our support team is happy to help you 24/7.Fast
We are constantly upgrading our platform to make Decentraland exchanges really fast. The average speed for the swap is about 5-15 minutes.Popular Decentraland trading pairs
Here are some popular MANA trading pairs. You can buy MANA with every listed coin on Exchang.io.
How Much Decentraland Can I Exchange on Exchang.io?
Exchanging Decentraland on Exchang.io is unlimited. You can start swapping MANA right now starting from the lower limit of ≈ $3.
There are no upper limits for Decentraland exchanges at Exchang.io. Exchange Decentraland with other cryptocurrencies from the list of over 700 coins as much as you want to.
Cross-chain exchanges are available; just choose any coin on any network and click the Exchange button, and we'll do the rest for you
Why exchange Decentraland?
Things you will be able to do with exchanged MANA:
With your Decentraland (MANA) cryptocurrency, you can participate in the vibrant virtual world of Decentraland by purchasing virtual land, known as LAND, and building or trading digital assets within it. You can buy MANA on various exchanges to acquire the necessary funds for these transactions. Additionally, you can use MANA to purchase in-world goods and services from other users, such as virtual clothing, accessories, and artworks. The value of MANA fluctuates based on market demand, and you can track its price using cryptocurrency tracking platforms. To securely store your MANA, you can use a digital wallet that supports the Decentraland ecosystem.
What is Decentraland?
Decentraland (MANA) is a decentralized virtual reality platform built on the Ethereum blockchain. It allows users to buy, sell, and trade virtual land, known as LAND, as well as create and monetize virtual experiences. MANA serves as the primary cryptocurrency within the Decentraland ecosystem, facilitating transactions and interactions between users.
Decentraland distinguishes itself from other cryptocurrencies by focusing specifically on creating a virtual world. While many cryptocurrencies aim to provide general-purpose digital currencies or platforms, Decentraland has a specific use case centered around virtual reality. This targeted approach sets it apart in terms of its vision and goals.
In terms of exchanges, MANA can be traded on various cryptocurrency exchanges, providing liquidity and accessibility to users who want to buy or sell the currency. These exchanges act as intermediaries where users can convert their fiat currencies or other cryptocurrencies into MANA or vice versa. Some popular exchanges that support MANA include Binance, Coinbase, and Kraken.
Decentraland's abbreviated form, MANA, represents the token used within the platform. This choice of abbreviation is deliberate, as it aligns with the virtual nature of the ecosystem. Using a distinct name helps differentiate it in the market and reinforces its association with the virtual realm.
The price of MANA fluctuates based on market demand and supply dynamics. Factors such as investor sentiment, platform developments, and broader market trends can influence its value. As with any cryptocurrency, the price of MANA can be volatile, and investors should exercise caution and conduct thorough research before making investment decisions.
When it comes to transactions within Decentraland, MANA is used to facilitate various activities. Users can send MANA to each other, buy virtual LAND or virtual assets, pay for services or experiences, and participate in the platform's virtual economy. The ability to perform these transactions seamlessly within the ecosystem adds value and utility to the MANA cryptocurrency.
To store and manage MANA, users need a cryptocurrency wallet that supports Ethereum-based tokens. These wallets provide a secure way to hold, send, and receive MANA. Examples of compatible wallets include MetaMask, MyEtherWallet, and Ledger. By utilizing these wallets, users can have full control over their MANA holdings and engage in transactions securely.
Decentraland leverages the Ethereum blockchain for its underlying infrastructure. This blockchain provides a decentralized and transparent framework for recording and validating transactions within the Decentraland ecosystem. The use of blockchain technology ensures immutability, security, and trust in the virtual world created by Decentraland.
In summary, Decentraland (MANA) is a cryptocurrency specifically designed for a decentralized virtual reality platform. It differentiates itself through its focus on creating a virtual world and offers unique utility within this ecosystem. Users can trade MANA on various exchanges, perform transactions within the platform, and store their MANA in compatible wallets. The Ethereum blockchain forms the foundation of Decentraland, enabling secure and transparent interactions in the virtual reality space.
Brief History of Decentraland
Decentraland (MANA) is a blockchain-based virtual reality platform that allows users to create, explore, and interact with digital content. The history of Decentraland dates back to 2017 when the project was first introduced by its founders, Ariel Meilich and Esteban Ordano. The project gained attention for its unique concept of a decentralized virtual world where users can own and trade digital assets using MANA, the native cryptocurrency of the platform.
To fund the development of Decentraland, an initial coin offering (ICO) was conducted in August 2017, during which MANA tokens were sold to investors. The ICO raised approximately $24 million worth of ETH, making it one of the most successful ICOs at the time. The MANA tokens served as the primary medium of exchange within the Decentraland ecosystem, enabling users to buy, sell, and trade virtual land, as well as other digital assets such as wearables and artwork.
Following the ICO, the Decentraland team continued to develop the platform, creating partnerships with various companies and organizations to expand its offerings. In 2020, Decentraland launched its virtual world, allowing users to explore and experience different districts, attend events, and participate in games and social activities. This led to increased adoption and demand for MANA, driving up its value on cryptocurrency exchanges.
Over the years, MANA has been listed on several prominent cryptocurrency exchanges, including Binance, Coinbase, and Kraken, among others. Being listed on these exchanges provided liquidity and accessibility for users to trade MANA with other cryptocurrencies or fiat currencies. The availability of MANA on multiple exchanges made it easier for individuals to enter and exit positions, contributing to its overall market liquidity.
Decentraland's unique concept, combined with its growing user base and increasing adoption of MANA, has contributed to the appreciation of the cryptocurrency's price. As more users join the platform and engage in transactions within the virtual world, the demand for MANA increases, potentially driving its value higher. Additionally, the scarcity of virtual land and limited supply of MANA tokens further enhance its value proposition.
To participate in the Decentraland ecosystem, users need a compatible cryptocurrency wallet to store and manage their MANA tokens. There are several options available, including web-based wallets, mobile wallets, and hardware wallets, each offering different levels of security and convenience. Users are advised to choose a wallet that best suits their needs and ensures the safe storage of their MANA.
In conclusion, Decentraland (MANA) has emerged as a prominent player in the blockchain-based virtual reality space. Its innovative concept, combined with its native cryptocurrency MANA, has created a vibrant ecosystem where users can buy, sell, and trade digital assets. The history of Decentraland showcases its journey from inception to its current state, marked by successful ICO fundraising, platform development, and increasing adoption. With its growing user base and expanding partnerships, Decentraland continues to offer unique experiences and value within its decentralized virtual world.
Decentraland Key Advantages and Unique Features
Decentraland (MANA) is a decentralized virtual reality platform built on the Ethereum blockchain, offering key advantages and unique features within the cryptocurrency space. One notable advantage of Decentraland is its focus on providing users with ownership and control over virtual land, digital assets, and experiences. This innovative approach sets it apart from traditional cryptocurrencies by enabling users to buy, sell, and trade virtual land parcels using MANA tokens, the native cryptocurrency of the platform.
A distinctive feature of Decentraland is its decentralized governance model, allowing community members to participate in decision-making processes and shape the development of the platform. This ensures a democratic and inclusive environment where users have a say in determining the direction of the virtual world. Moreover, the decentralization of governance prevents any single entity from having excessive control or influence over the platform, enhancing its overall fairness and transparency.
Another noteworthy aspect of Decentraland is its interoperability, which enables seamless integration with other decentralized applications (DApps) and exchanges. This means that users can utilize their MANA tokens not only within Decentraland but also in various external applications and exchanges, facilitating liquidity and expanding the usability of the cryptocurrency. The ability to freely transfer and exchange MANA tokens empowers users to engage in transactions and interact with different platforms without restrictions.
Additionally, Decentraland leverages non-fungible tokens (NFTs) to represent scarce and unique digital assets within its virtual world. NFTs provide verifiable ownership and provenance, allowing users to create, trade, and monetize digital content such as artworks, wearables, and virtual real estate. By integrating NFTs into the platform, Decentraland enhances the overall user experience and opens up new possibilities for creators and investors alike.
Furthermore, Decentraland employs the Ethereum blockchain, known for its security, scalability, and wide adoption. This choice ensures that transactions conducted within the platform are secure, transparent, and resistant to censorship. Users can confidently store their MANA tokens in Ethereum-compatible wallets, which offer a high level of security and control over their digital assets.
In terms of price discovery and liquidity, Decentraland benefits from its listing on various reputable exchanges. These exchanges provide users with the opportunity to buy, sell, and trade MANA tokens against other cryptocurrencies or fiat currencies. The availability of multiple exchange options enhances market efficiency and accessibility, enabling users to participate in the MANA ecosystem with ease.
In summary, Decentraland stands out among cryptocurrencies for its focus on virtual reality, decentralized governance, interoperability, integration of NFTs, and utilization of the Ethereum blockchain. These key advantages and unique features allow users to engage in immersive experiences, exercise control over digital assets, participate in decision-making, and benefit from liquidity and price discovery through exchange listings. By combining these elements, Decentraland has created a vibrant and inclusive ecosystem that continues to push the boundaries of what is possible in the cryptocurrency space.
10 Facts About Decentraland
- Decentraland (MANA) is a blockchain-based virtual reality platform where users can create, explore, and monetize their digital experiences.
- MANA is the native cryptocurrency of Decentraland, used for various transactions within the virtual world.
- The platform operates on the Ethereum blockchain, leveraging smart contracts to facilitate secure and transparent interactions.
- Decentraland allows users to buy and sell virtual land parcels using MANA through its decentralized marketplace.
- Users can create unique 3D content and applications on their land parcels, attracting visitors and potentially generating revenue.
- MANA can be traded on various cryptocurrency exchanges, providing liquidity and enabling users to convert it into other cryptocurrencies or fiat currencies.
- The price of MANA can be volatile like any other cryptocurrency, subject to market demand and supply dynamics.
- To store MANA securely, users can utilize Ethereum-compatible wallets that support ERC-20 tokens, as MANA is an ERC-20 token.
- Decentraland's decentralized governance system enables community members to have a say in platform development and decision-making processes.
- Decentraland has emerged as one of the best-known blockchain-based virtual reality platforms, offering a unique blend of creativity, ownership, and financial opportunities within its decentralized ecosystem.
What is the Best Place to Exchange MANA?
Via Exchang.io service you can effortlessly swap Decentraland for over 700+ different assets. Begin by selecting MANA and your desired coin, paying attention to the network when making your choice. Next, provide the recipient's wallet address for the coin you're swapping to, and press 'Exchange' to continue. Deposit the required amount of MANA to the address displayed on the screen, ensuring you have the necessary amount to finalize the transaction. Once completed, check your wallet to confirm the arrival of your newly acquired coin. Exchang.io makes exchanging Decentraland simple and convenient, allowing you to enjoy a seamless experience with an extensive selection of coins to choose from.
Do I need to create an account on Exchang.io to swap Decentraland?
No, you don't need to create an account or provide personal information on Exchang.io. It's a registration-free service without any ID verification requirements. Simply follow the easy steps to buy Decentraland with your crypto.
How long does it take to exchange Decentraland on Exchang.io?
The exchange process on Exchang.io is usually very fast, taking just a few minutes to complete. The actual time may vary slightly depending on network traffic and transaction confirmation times.
What is the minimum amount needed to swap MANA on Exchang.io?
There is a minimum amount required for exchanging MANA on Exchang.io. However, please note that this minimum amount may change, so it's advisable to check the platform for the latest requirements.
Is Exchang.io legit? Why should I trust Exchang.io?
Exchang.io is operated by a team of crypto enthusiasts with over 7 years of experience in the industry. The platform's main goal is to provide a user-friendly service that is convenient, fast, and transparent. Exchang.io values community feedback and continuously strives to improve based on user reviews. You can check out reviews on Exchang.io.com to get a better idea of the platform's reputation.
What are some popular trading pairs for Decentraland?
Popular trading pairs for Decentraland (MANA) on Exchang.io include MANA/BTC, MANA/ETH, MANA/LTC, and MANA/USDT, among others.
Are cross-chain exchanges available for Decentraland?
Yes, Exchang.io supports cross-chain exchanges for Decentraland. You can choose any coin on any network, click the 'Exchange' button, and Exchang.io will handle the rest.