Purchasing Decentraland (MANA) on Binance
There are many trading platforms on the WWW nowadays, but without a doubt Binance is among the most popular and reputed.
Therefore, the first thing you must to do if you want to start operating on it is to learn how to buy Decentraland (MANA).
That’s why on this page we will bring you all what you need to know to trade with Decentraland (MANA) on the Binance crypto exchange.
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Figure out how to register on Binance
To be able to buy Decentraland (MANA) on Binance, what you must know is certainly how to subscribe.
Simply follow each one of the steps listed below.
Proceed to the Binance main page and press on the "Register" key.
Click here to go straight to the Binance platform.
In the Binance main page you’ll find a button with the label "Register with a phone or email". Press it.
iOS devices can be used as well.
For the purpose of this guide, the email address subscription technique will be described.
- In the window that will be shown, choose your country of residence from the drop down list.
- The next step is choosing a safety password. This is quite relevant since it’s all about your money’s safety, so you have to create a strong one
- Whether you wish to be updated periodically via email about Binance news, mark in the corresponding box. Then you must accept the "Terms of Service" and that’s almost all. Your account has been created Next step is the e-mail verification
See the inbox at the e-mail address you used for sign up and look for the activation code exclusive of your Binance account. Enter it in the corresponding box and click on "Send"
Finally, your Binance account has been activated.
Take a time to become familiar with the different options of the Binance platform by visiting them.
That’s the best way to realize how practical the Binance platform is, and how quick you can start trading Decentraland (MANA).
To get access to those options, the first thing you need to do is complete the ID checking.
Warning: No Decentraland (MANA) trading will be allowed if you overlook this security step.
But no need to worry, continue reading the following section to find out how to do it.
Learn to complete the verification of your Binance account and begin trading
Read the following instructions and become an authorized end user:
On the main page, hover the mouse on the user profile option and a list will immediately drop down where you will have to click on "Security"
Or simply look for the "Verify" button on the top of the screen
Locate the option "Identification" on the left side of the screen.
Country of residence is the first thing you must pick.
Now, the three verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on screen.
Here you must select "Verified", pressing the "Start now" option under it.
Then it will appear a pop-up window where you must write the following data:
- Nationality.
- First Name and Last name.
- Second name and birth date.
- Exact address of your residence.
Here, the Binance platform will ask you to use a legal document for identity verification.
You can do this by using your passport, ID card, or driver’s license.
Follow the system guidance to take a selfie.
Now you will have to wait for a short period while an account confirmation process takes place.
Now be patient, Binance will let you know via email once your application has been accepted.
After that, it’s time to purchase Decentraland (MANA), just see the instructions below.
Buying Decentraland (MANA) on Binance
Now that you are registered on the platform and have your account confirmed, you can begin trading.
Learning how to make a purchase of Decentraland (MANA) is actually quite easy.
It is time to check your identity using a legal document.
Use your passport, ID card or even your driver’s license to complete this step.
Now the platform will ask you to take a selfie under certain conditions.
After you have fulfilled the platform’s requirements, you will have to wait a moment while your account is verified.
Once your profile has been accepted, the system will let you know via email, just be patient.
After that, it’s time to get Decentraland (MANA), just follow the guidelines below.
Buying Decentraland (MANA) on Binance
All right, account verified was all you needed to begin buying Decentraland (MANA) immediately.
Take a time to understand how to make a purchase of Decentraland (MANA).
Be aware that you may have different alternatives for this process
See the "Buy cryptos" menu on the Binance main page to know which alternatives you have when buying.
Certainly, you’ll only be able to do this if you’re logged in
Unveil all the different purchase options just by hovering your mouse over this button.
It is time to verify your identity using a legal document.
Use your ID card, passport or even your license to complete this step.
In the next stage, you will have to take a selfie, according to the application’s guidance.
The last step will be carried out by the Binance platform: a corroboration process that will just take a while.
Now you have to wait until your request has been approved. Be patient, the system will send you an e-mail.
Congrats! As soon as you’ve got the confirmation you’re officially licensed to operate with Decentraland (MANA). See the guidelines that follow.
How to buy Decentraland (MANA) on Binance
Beginning your Decentraland (MANA) trading experience has never been so simple, right?.
Learning how to convert money into Decentraland (MANA) is not that hard.
Some processes may have optional paths
To know which options are available to you when buying, see the "Buy cryptos" menu on the Binance main page.
You have to, of course, make this happen after you’ve signed into your account
Move your mouse on this option and a list of buying alternatives will be shown.
Using your credit or debit card to buy cryptos
Go to the "Buy Cryptos" and select the credit card-related option from the menu.
These guidelines will be helpful to continue the process:
In the next box, pick the currency you wish to buy with and enter how much you want to invest.
Next, select the Decentraland (MANA) you’re going to buy
The number of Decentraland (MANA) you are going to get will depend upon the amount of USD you have just stated. The Binance system will immediately show it to you.
Next, just stick to these guidelines:
In the next box, select the currency you want to buy with and enter the amount you are going to invest.
In the second field you should pick the Decentraland (MANA) you would like to get
Once you do so, the platform will automatically show you the quantity of Decentraland (MANA) you’ll be given, taking into account the amount of USD you have previously invested.
Now select "Continue".
Now it’s time to define your method of payment. To pay with a credit card, select in the "Visa/Mastercard" field the option "Add card".
CC numbers must be typed in this step, then press "Next".
The next field is where you’ll indicate the address associated to the card. Write it exactly as it is, then choose "Add card".
When you see your new card has been successfully added, press "Continue".
Next, all the important details of the transaction will be displayed: the sum you are paying and the corresponding currency, and obviously, the cryptos you will get.
It will also indicate the commission will be charged for the purchase.
Now you have to validate the order pressing the "Confirm" button within the next minute, or it will be automatically terminated.
The next step has to be carried out on the credit card banking webpage. Proceed exactly as you do when making a payment with your card on the bank website.
Once the banking process has been completed, you are already in possession of the purchased Decentraland (MANA) in your Binance e-wallet (referred to as the «Spot Wallet»)
Learn how to buy Decentraland (MANA) via Binance P2P
A different way to purchase crypto is to trade it
with another person. To get this done, the first step is to state the payment method you would want to apply.
The system will now show you the synthesis of the buying order you are about to complete. The amount your card will be charged with the currency you’ve picked, and the Decentraland (MANA) you will get.
It will also state the commission will be charged for the transaction.
In less than 1 minute click on "Confirm", and then the order will expire automatically.
Next, you will be redirected towards the site of the credit card issuing bank. Follow the instructions in the same way you would normally pay with your card.
You can check your Binance digital wallet (called the «Spot Wallet») as soon as the banking procedure is complete to see your recently bought Decentraland (MANA) already credited
Learn how to purchase Decentraland (MANA) through Binance P2P
You could buy Decentraland (MANA) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user as well. In that case, you should add which payment method you would want to use first.
- Go to your account and press "Security".
- Press "Payment" on the left-hand side of the screen.
- Choose "Add a Payment Method" and the platform will guide you through the rest of the procedure.
Once you finished configuring the new payment method to your account, go to the "Buy Crypto" menu (upper part of the screen), select the "Trading P2P" button, and follow the guidance below:
- Locate the "Buy" option on the top bar of the "P2P Account" menu and click it
- All the Decentraland (MANA) available for buying via P2P trading will be shown in this list, so you will be able to choose the one you’re interested in. In this guide, we will present «USDT».It is important to note that when you buy any crypto through P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- Look for the "Fiat" column on the upper tabs and deploy the drop-down menu to see all valid currencies. Let’s use «VES» in this example.
- Now you must input the amount in VES you’re going to use in the "Amount" box.
- Define the payment method and wait for the system to show you the list of the dealers that are offering Decentraland (MANA).
- From the list displayed list, you can pick any of the traders. However, it is advisable to select a verified one and better if a good percentage of completed sales is displayed.
- Now select "Buy USDT"
- In this step, the amount you would want to invest in VES must be entered
- Click on "Buy USDT" once again
- A buying order has been created and the trader and you will be able to contact each other for further details, in case you need it. You have a limited time to complete, if you fail doing so the order will be shut down by the platform (and that’s bad for your reputation as a buyer). Once you have paid, press "Transferred, Next", then press "Confirm".
Tips on how to transfer your Decentraland (MANA) to the Spot Wallet
When you have completed a payment to the seller, they will release the Decentraland (MANA), by confirming payment reception.
The default place where Decentraland (MANA) are transferred to is your account wallet.
Take into account that your Decentraland (MANA) must be in your Spot Wallet in order for you to get others, so you will have to move them there before.
That’s quite simple: just click on "Transfer to Spot Wallet" once the buying order is completed.
In the event you didn’t do this, don’t be concerned, you can do it at any other time.
Ways to transfer your Decentraland (MANA) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as money reception validation has been done.
This way, they will automatically be added to your wallet balance.
Take into account that your Decentraland (MANA) must be in your Spot Wallet in order for you to get others, so you will have to move them there before.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t follow this step, don’t be anxious, you can do it later.
- Drop the "Wallet" list down and select the "Wallet Funds" button.
- Next press "Transfer" option at the top right.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: Funds
- To: Fiat and Spot
- Select the currency according to your funds in the platform, in this example we’ll use «USDT»
- Input the cryptos you are transferring to the spot walet and click "Confirm".
All right! Now you have money available to trade any of the several Decentraland (MANA) in the Binance platform.
See how easy is to purchase any crypto from the Binance platform:
- Pick the "Trading" option in the top top section.
- From that listing choose the "Convert" alternative.
- Fill in the box the sum of «USDT» you would like to invest.
- Now indicate the crypto you’re about to purchase.
- Click on "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the funds of the chosen cryptocurrency in your Spot Wallet.
Perfect! Now you have money available to trade any of the several Decentraland (MANA) in the Binance platform.
Buy any cryptocurrency from the Binance platform just following the instructions described below:
- In the upper panel, loate the "Trading" option.
- Pick "Convert" from the list.
- Fill in the box the amount of «USDT» you wish to invest.
- Now select the cryptocurrency you’re about to purchase.
- Click on "Preview conversion".
- Confirm the operation and that’s all. Now you will have the amount of the selected cryptocurrency in your Spot Wallet.
This article have surely pictured you a wide panorama of what Binance is and how you can trade Decentraland (MANA) on it.
So, no time to waste, make a worthwhile business in this cryptocurrency platform.