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How to buy Decentraland with Credit Card
Why investors buy Decentraland with Credit Card
These days, buying cryptocurrencies with a credit card has become more popular and important. Fortunately, with the presence of digital currency exchanges such as ours, there is no longer a problem to buy and sell various cryptocurrencies with a credit card. Perhaps the first piece of advice for beginners who intend to buy cryptocurrency is to try the methods of buying crypto assets with a credit card. In addition to the availability of credit cards for everyone, the lack of complexity and simplicity are other reasons to recommend this method for beginners. Other reasons could be:
- Speed; A credit card purchase can be completed in a matter of seconds.
- Security; Credit cards are also very secure because they are not connected to your personal assets.
- Rewards and Bonus; Some credit card companies let you earn points or cash back on cash advances, so rewards could also be a benefit.
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 Credit Card
By owning a Credit Card, anyone who uses our exchange, whether they are new to it or a seasoned user, can profit from using their Credit Card as a payment method. Thanks to the use of a Credit Card payment method, the usability of our exchange has been further enhanced and our exchange users now have access to a wider variety of payment options.
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 Credit Card instantly?
Buying cryptocurrency using the Credit Card payment method on our exchange is simple and instant due to the speed of transactions. In order to use this payment method, you first need to have an account on our exchange website. From then, sign in to your account. Here, you will be able to see a list of digital coins available for your purchase. You should enter the amount of cryptocurrency tokens and charge your overall account funds by choosing the Credit Card method of payment, and at last, finalize your purchase.
Where can I buy MANA online with a Credit Card?
To make the purchase of cryptocurrencies more convenient for the users of our exchange, we offer the Credit Card payment service as an easy method of electronic payment service. By using the Credit Card method through our exchange, the operations of buying any cryptocurrency can occur very quickly. This speed of transactions is also because payment with a credit card eliminates the long verification step required by some other payment methods.
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.
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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 main advantages of using Credit Card as your initial method of cryptocurrency payments would be; fast deposit and withdrawal, high security, practicality, and ease of use.
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.
It may. When you use Credit Card, your creditor company may charge their own processing fee. Some exchanges might also add a credit card processing fee, but there are no buying and trading fees on 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.
No. Credit Card is not a platform for trading crypto tokens. It is however a payment service integrated by our exchange so that our users can easily buy Bitcoin, Ethereum, stable coins, or other forms of cryptocurrencies.
