Where & How to Buy Decentraland (MANA) for Beginners in 2025

Use our step-by-step guide to learn how and where to buy Decentraland on 5+ highly rated crypto platforms.
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Updated on Oct 10, 2024
Reading time 3 minutes

Decentraland coins are available buy via a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy Decentraland this way. Follow our quick step guide below.

How to buy Decentraland quickly in 3 steps

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To buy Decentraland you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to a crypto platform

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Sign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.

We found 12 crypto platforms for users based in

eToro review
4.6
eToro
Min. Deposit $100
Fees 1%
No. assets 50+
Demo account Yes

eToro review

eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the BD.

Coinbase review
4.2
Coinbase
Min. Deposit $10
Fees Up to 0.6%
No. assets 150+
Demo account No

Coinbase review

Kraken review
4.0
Kraken
Min. Deposit $10
Fees 0.10% – 0.26%
No. assets 200+
Demo account Yes

Kraken review

Step 2. Make a deposit

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Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.

Step 3. Buy Decentraland token

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Locate the search box and type MANA. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.

Now you own Decentraland tokens! Not a big deal, right?

Where to buy MANA easily

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The overall best platform to buy Decentraland for beginners is eToro .

Here are the top five places to buy Decentraland, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

  1. eToro: Best for beginners, copy-trading & demo-account
  2. Coinbase: Best secure trading platform for all types of trader
  3. Kraken: Best for simple, global cryptocurrency trading from your phone
  4. KuCoin: Best social trading altcoin exchange
  5. OKX: Best for futures and margin trading

Read more about how we rate, rank and review platforms.

Best exchanges to buy Decentraland (MANA), reviewed

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We found 12 crypto platforms for users based in

1. eToro. Best for beginners, copy-trading & demo-account

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4.5
Ratings

$100

Min. deposit

0% commission

Fees

50

No. assets

Yes

Demo account

Overview

We love eToro because it’s a trading platform built with beginners and casual traders in mind. The platform combines an interactive, social trading experience with an easy-to-use interface, making it ideal for novice traders.

The far-reaching catalog of more than 5,500 stocks, ETFs, and crypto tokens, includes big names like Apple, Tesla, and Bitcoin, as well as smaller companies or tokens with high growth potential. You can start trading with as little as $10 using fractional shares if you’re on a tight budget.

One feature we particularly appreciate is the ability to interact with eToro’s 35 million users on any asset, market, or portfolio page. If you find traders whose strategies match your risk tolerance, you can copy their portfolios automatically using eToro’s flagship copy trading functionality. This is a great way to learn and potentially benefit from the expertise of more experienced traders.

If you don’t feel comfortable investing your cash straight away, you can use a free demo account, credited with $100,000 virtual dollars. This offers plenty of opportunities to try out a trading strategy that works for you across stocks, crypto, and options trading markets.

Highlights

Fees & Costs

Pros & Cons

eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the BD.

2. Coinbase. Best secure trading platform for all types of trader

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4
Ratings

€10

Min. deposit

Up to 0.6%

Fees

200

No. assets

No

Demo account

Overview

We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.

Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure. 

A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000

The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.

Highlights

Fees & Costs

Pros & Cons

3. Kraken: Best for simple, global cryptocurrency trading from your phone

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4
Ratings

€10

Min. deposit

0.10% – 0.26% (volume dependent)

Fees

200

No. assets

Yes

Demo account

Overview

We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around. 

With an intuitive interface and many advanced features, the Kraken crypto app is suitable for those just starting, or experienced traders wanting to enhance their trading experience. The Kraken mobile app caters to different trading styles and preferences with spot, margin, and futures all available. 

Kraken’s mobile app also supports up to 5:1 leverage allowing you to amplify your position and potentially increase your returns. With such a wide selection of tokens available and a solid range of features and tools, the Kraken app is one of the top cryptocurrency trading platforms while on the go. 

The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.

Highlights

Fees & Costs

Pros & Cons

4. KuCoin. Best social trading altcoin exchange

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4
Ratings

€-

Min. deposit

Fees

No. assets

No

Demo account

Overview

We love KuCoin because it’s a great place for beginners to trade more than 700 altcoins. Kucoin offers a vast range of cryptocurrencies including all the big names like Bitcoin and Ethereum, together with hundreds of altcoins and newly released tokens. 

The exchange gives you multiple ways to trade and invest in crypto, including spot trading, futures trading, margin trading, and staking. This choice allows you to choose the method that best suits your trading strategies and risk tolerance. 

Kucoin is a top platform for both beginners and experienced traders. Its intuitive interface is easy to get to grips with and its advanced trading features mean even high volume traders can make use of it. Kucoin also offers an earn feature, where you can generate passive income through staking and lending, making it one of the best all round crypto exchanges. 

The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.

Highlights

Pros & Cons

5. OKX. Best for futures and margin trading

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4
Ratings

$-

Min. deposit

Fees

No. assets

No

Demo account

Overview

We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools. 

From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.

The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.

Highlights

Pros & Cons

How to trade MANA

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You can trade Decentraland on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how MANA crypto trading works:

  1. Monitor the price: For simplicity, let’s say the price of MANA/USDT is $1. You read the price charts and decide that now is a good time to start purchasing MANA.
  2. Open a trade: You trade one USDT for one MANA ($1 USD for 1 MANA).
  3. Continue to monitor the price: The following month, one MANA token is now worth $2, a 100% increase.
  4. Close your trade: You trade your MANA token back to USDT for $2.

In this example, you buy and sell Decentraland, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts, technical patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

What is the best way to pay for Decentraland (MANA)?

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The simplest way to buy Decentraland cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for MANA.

  • Buy Decentraland with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
  • Buy Decentraland with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US, Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
  • Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store Decentraland (MANA)?

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Most people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Decentraland then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best Decentraland wallets to use are MetaMask and the Ledger Nano S.

Is now a good time to buy Decentraland?

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The answer depends on the current price and your own investment goals. Put simply, buying Decentraland, selling Decentraland, and trading MANA are all the exact same process in literal terms. It’s really just your personal investing intentions that defines whether ‘now’ is a good time to invest or not.

  • If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long term in the hopes of larger profits. In this sense, any time is a good time to trade Decentraland.
  • As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of MANA, then a good time to purchase Decentraland is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Decentraland and selling it the next day probably isn’t why you’re here either.

How has Decentraland (MANA) performed this year?

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The current Decentraland price today is $0.49, which is -91.76% versus its all time high of $5.90, which it reached on 25 November 2021. MANA is +3.12% this year, with a 52 week high of $0.85 and a 52 week low of $0.22. 

Regardless, closely following Decentraland price news & analysis will help you decide when to pull the trigger.

Is Decentraland (MANA) a good investment?

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Whether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of Decentraland and its token to help you decide whether to invest in MANA.

  • Decentraland is a virtual gaming platform. Decentraland is a cryptocurrency that runs an entire virtual world. As virtual reality becomes ever more popular, the opportunity to build and own items within that world might become increasingly sought after.
  • It is one of the largest and most popular crypto gaming networks. Few competitors offer virtual reality on anything like the same scale. The challenge at the moment is that it’s a fairly small community, but that could be an opportunity for anyone who owns the coin now, as the MANA token is required for anyone who wants to join it.
  • The metaverse is expected to grow. Decentraland is a metaverse coin and this industry is anticipated to grow in the coming years exponentially. As the metaverse gains traction and becomes more mainstream, Decentraland could be able to capitalise on the growth. 
  • MANA coins are required to join the platform. If the community grows, the coin is going to grow in value. Not only is it required to join, but it’s also the only way to buy land and items through the marketplace. 
  • There is a fixed supply of MANA coins. The total supply of MANA is fixed, so it won’t suffer from inflation as it would if more were constantly being created. This will increase the token’s scarcity and ultimately push up its price. 
  • You can lend your MANA coins to earn rewards. MANA is a proof of work token, which means you cannot stake it. However, several options are available where you can hold your coins on a lending platform and earn rewards for doing so.  

Use this quick summary of pros and cons to compare Decentraland with other, similar projects.

Pros

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  • A low-cost investment in virtual reality, which could be the technology of the future
  • The MANA coin has practical value as a means of payment within the Decentraland world
  • The coins are destroyed each time MANA is used to buy something on the marketplace. That could help limit the supply and drive the price up

Cons

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Ultimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.

FAQs

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01

Where can I buy Decentraland (MANA)?

02

What do I need to buy MANA?

03

Is Decentraland on Coinbase?

04

Is Decentraland on Binance?

05

Is Decentraland on eToro?

06

What is the best wallet to store MANA?


Sources & references

James Knight

James Knight

Editor of Education

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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets. His main focus is on improving financial literacy among casual investors. He has been with Invezz since the start of 2021 and has been...