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How to buy Decentraland with Debit Card
Why investors buy Decentraland with Debit Card
A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:
- The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
- It is safe to use against fraud.
- Debit cards do not have an annual fee.
Is MANA a good investment?
A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:
- The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
- It is safe to use against fraud.
- Debit cards do not have an annual fee.
Who can buy Decentraland with Debit Card
Anyone with a bank account can own a debit card and anyone with a verified debit card and an account on our exchange can enjoy our Debit Card payment service to buy cryptocurrencies. Offering cryptocurrency purchase services using debit cards means more flexible financing for our exchange users.
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 Debit Card instantly?
The transactions paid through the Debit Card payment service are instantaneous, as Debit Card is directly linked to your cash-funded bank account. For that reason, depositing funds and withdrawing money from our exchange also happen instantly when using a debit card payment service as the funds are immediately deducted from your account.
Where can I buy MANA online with a Debit Card?
In order to offer more payment options for users to purchase cryptocurrencies simpler, our exchange provides Debit Card as a form of electronic payment service. To use debit card payment on our exchange, you must first log into your account on Blocktrade.com. After doing so, select the digital coin or the crypto token you want to purchase, enter the quantity of cryptocurrency you need to buy, and then choose to charge your account balance using a debit card. Your transaction will take place straight away.
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.
In a nutshell, we could name these advantages of Debit Card: No debt, No application or minimum credit score needed, Less fees, Identity theft protection, Fast withdraw verification
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.
Debit cards generally have no additional fees. But note, if you make a transfer from a terminal whose issuing bank is not your debit card bank, some transaction fees may be deducted from your card account. Or if you withdraw or spend an amount from this card that exceeds its balance, you will also have to pay a fee. But there are zero exchange fees for your crypto-trading through our exchange.
Yes. Users will have the option to trade MANA with other users in exchange for goods and services hosted within Decentraland in addition to burning MANA in exchange for LAND.
The bank may agree to the transaction in accordance with the conditions of your account or the policies of your debit card network, but it may also charge an overdraft fee for that transaction and any subsequent ones, up until you make a sufficient deposit.