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How to buy Decentraland with Bank Transfer
Why investors buy Decentraland with Bank Transfer
SEPA or Single Euro Payments Area is a bank transfer payment system created by the European Union. It is a system that allows cross-border payments in Euros within the Euro-zone. European Union and neighboring country residents frequently use SEPA to send and receive payments using the funds in their bank accounts. A trustworthy framework for quick and affordable money transfers is provided by this network. A business must adhere to stringent guidelines and meet the highest security standards in order to offer SEPA wire transfers. Using SEPA bank transfers, you can buy cryptocurrency at our exchange and deposit and withdraw EUR easily. Offering payment options via bank transfer or SEPA would have the following main benefits:
- Instant payments are one option provided by the SEPA payment system. Weekends and holidays are not excluded from the SEPA Instant transfer schedule.
- High security because every transfer has to be cleared by several banks on its way to the exchange.
- No deposit fees, high buying limits
Is MANA a good investment?
Decentraland is a decentralized metaverse (virtual world). This metaverse operates on the platform of the Ethereum blockchain and was created to support the creation, development, hosting and sale of virtual property. Virtual worlds that provide this feature, lead users to a fascinating digital world where they can buy, sell, and build anything they can think of. Decentraland also provides its users with the possibility to purchase virtual property. Users of this metaverse can develop their property as an online and virtual business and a source of income. They can create different buildings and attractions in their virtual land and earn money through them. In addition, users also get good profits by selling their built properties.
Decentraland platform is supported by MANA which is an ERC-20 token that serves as the system's primary currency. Members of the Decentraland community can purchase virtual parcels of the VR platform with MANA. The entire virtual reality ecosystem, which has no central authority, is run and governed by users of Decentraland. The world serves as an alternative VR ecosystem where users can buy and sell virtual goods and real estate, play games, and do whatever they want with their land as long as the network's features permit it. Users are able to interact, manage, monetize, and develop the Decentraland metaverse, which simulates reality in a virtual setting.
Who can buy Decentraland with Bank Transfer
Citizens living in a Eurozone location are able to open a bank account and use SEPA. If you are based in a non-Eurozone country, you can easily check which banks offer SEPA if you want to make this type of transfer. You can purchase any kind of cryptocurrency directly into your personal wallet without making any initial deposits by using our exchange to perform a straightforward SEPA transfer with your bank account.
What is Decentraland ?
MANA is the symbol and the main in-game currency of Decentraland. It is an ERC-20 token that lets users purchase, trade or develop virtual lands in a decentralized manner.
What is MANA
When the Decentraland’s MANA token was launched and started trading on exchanges, it was priced at just $0.02. This number increased rapidly and by January 2018 it reached its peak of $0.26. Then, with the price decrease, it was in the trading range of $0.07 to $0.11. The price of MANA started to slowly retreat again, reaching below $0.04 by mid-2020. The value of MANA doubled by the end of 2020 and remained at the level of $0.08-0.09. As 2021 approached, the value of this token increased along with the entire cryptocurrency market and reached its highest level of $1.19 on March 14, 2021. The analysis carried out on MANA currency indicates the high value of this digital currency along with other Meta-market currencies. Due to the price reduction experienced recently, it requires analysis to buy on the spot. Nonetheless, MANA is inexpensive and simple to get, therefore it seems to be one of the finest crypto tokens for newcomers.
You should know that any news regarding Metaverse can affect the value of VR-related cryptocurrencies such as Decentraland’s. For instance, when it was announced that the video game company Atari is building a cryptocurrency casino in the virtual world Decentraland, the price of Decentraland Token (MANA) experienced a massive jump. Or when Facebook announced its name change to Meta, a jump in the prices of Decentraland (MANA) was inevitable. Therefore, Decentraland’s MANA currency as a valuable digital currency is closely tied to the news regarding Metaverse. But keep in mind that this does not mean giving you a buying signal. If you are working as a trader, you should naturally decide to enter the MANA currency transaction after analyzing the market and exit it at the right time with your desired profit. Meanwhile, for long-term investments, a percentage of the total capital can be allocated to its purchase.
How to buy MANA with Bank Transfer instantly?
SEPA is a way to make European cross-border payments simpler, cheaper, and faster. It is one of the most cost-effective and convenient ways to transfer money within the EEA. As the ease of use and clear navigation that come with using SEPA/bank transfer as the initial payment method may appeal to users, buying cryptocurrency with SEPA is likely the best option to purchase crypto assets in Europe instantly.
Where can I buy MANA online with a Bank Transfer?
If you prefer simple and secure crypto trading, SEPA/bank transfer would be your ideal method. Our exchange offers SEPA/bank transfer as a payment solution to give its users more options to buy cryptocurrencies easily. You must first log into your account on Blocktrade.com in order to use SEPA/bank transfer payment on our exchange. Then, after entering the number of cryptocurrencies you need to buy and choosing to charge up your account balance using SEPA/bank transfer, finish your cryptocurrency purchase.
Is MANA Reliable?
Decentraland is a decentralized metaverse built on blockchain functionality. Blockchain is widely expected to become one of the key technologies that enables the development of a fully inclusive cyberspace. A cyberspace that is as secure as the second-generation Internet of the Web. It is thanks to blockchain-based digital identity, digital personalities and digital assets that Metaverse can inherit values such as permission-free access, uncensorability, security, and decentralization. These values are what the blockchain industry is built upon. Regarding security in Decentraland, every change to the status of tokens, including contents or ownership transfers, are recorded by Ethereum smart contracts. The Ethereum blockchain tracks these modifications and verifies them, while guaranteeing their security. There is also a Security Advisory Board (SAB) in Decentraland that oversees the security of smart contracts on the platform. The board is also responsible for reviewing governance proposals to minimize the risk of fraud.
Buy Decentraland at your ease
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FAQ
Frequently asked questions
What ensures the survival and future of digital currencies is a strong development team, functional services and an attractive platform to attract users. Fortunately, Decentraland (MANA) has all these features. In 2021, Metaverse was one of the hottest topics in the cryptocurrency world. The future of MANA currency mostly depends on how long people are interested in the metaverse. According to Mark Zuckerberg the CEO of Meta, the future is going to be all about the Metaverse market and we are still at the beginning point. Most experts believe that if Decentraland can maintain its appeal to users with timely and correct updates, it has a bright future and buying it at its current price might be a profitable and reasonable investment.
Some of the greatest advantages of this payment method include: Simplified payments handling, Reduced processing costs, Reduced bank charges, Quick payments, and Easier cross-border transfers.
The Decentraland project has been developed by two developers named Ari Meilich and Esteban Ordano. Both of them have already been involved in other successful blockchain projects such as Streamium and Bitcore.
There are no fees associated with this method initially. But note that SEPA trades crypto by Euro fiat currency, so if you insist on trading with other currencies using this method might require extra fees. Also, there are zero exchange fees for your crypto-trading through our exchange.
As an ERC-20 token, Decentraland (MANA) can be safely stored in any Ethereum compatible wallet. It is usually recommended to use a Metamask wallet to connect to the Decentraland platform. To use personal wallets, be sure to back up your wallet so that you can restore your assets in case of any software or device issues.
SEPA compatible areas consist of EEA (European Economic Area) countries, the United Kingdom, Switzerland, Andorra, Gibraltar, San Marino, and Vatican City.
