Buy Decentraland
in Norway

Trusted by Decentraland buyers, you can buy and trade Decentraland in Norway and 100+ countries on Blocktrade without any fees easily. 

Norway

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Learn More about buying MANA in Norway

How to buy Decentraland in Norway

Is MANA a good investment in Norway?

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.

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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.

Learn more about this cryptocurrency on Decentraland official website.

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Is Decentraland legal to buy in Norway?

Yes. According to the Norwegian Government’s strategy document for cooperation with the EU, the government states that the usage of blockchain technology is an area of importance for Norway and that the government is working to ensure secure storage and use of digital personal data. Also, in a recent report by the Central Bank of Norway, it was stated that the development of digital currencies may help to give crypto assets a greater role in ordinary domestic and cross-border payments.

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Is Decentraland taxed in Norway

Yes. According to the Norwegian Tax Administration, cryptocurrencies in Norway are treated as assets and must be declared in yearly tax returns. Almost all of your crypto transactions are subject to tax in Norway. According to the above-mentioned tax regulation, if your crypto holdings are above NOK 1,500,000, they are subject to a wealth tax of 0.7%. Any gains on cryptocurrency transactions are also subject to a capital gains tax of 22%. For income earned in cryptocurrency, you have to pay an income tax of 22% as well as a bracketed tax. For more information on bracket tax see the guide by the Norwegian Tax Administration. As stated in the Norwegian crypto tax regulations, you can also claim a tax deduction for transaction costs linked to trading and income from virtual currency.

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After you've bought Decentraland in Norway

Decentraland (MANA) token holders are important members of the Decentraland platform; Because they are known as part of the network governance (DAO) in each region. Using MANA tokens, they can vote on issues affecting these regions. The total amount of mana tokens held by each member determines the weight of his vote.

MANA tokens are the power behind this platform. In fact, everything on this platform gets its power and value from this token. In addition to its governance use in this game, MANA can also be used to buy LAND or any number of other virtual assets and services in Decentraland.

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Who can buy Decentraland in Norway?

Anyone can easily buy cryptocurrency in Norway through cryptocurrency exchanges. There are different means of payment when it comes to purchasing crypto assets in Norway. The country provides payments through: Apple pay, Google pay, Credit Card, Debit Card, Bank Transfer and PayPal. But you must also consider if the exchange you choose supports these payment methods. Our exchange offers access to all these payment services while charging zero exchange fees for offering you secure and fast transactions.

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Buy Decentraland at your ease

Payment methods to buy Decentraland in Norway

Credit Card

Debit Card

Bank Transfer

Credit Card

Debit Card

Bank Transfer

PayPal

Google Pay

Apple Pay

PayPal

Google Pay

Apple Pay

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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.

Yes. According to the virtual currency taxation by the Norwegian Tax Administration, selling cryptocurrency will require you to declare capital gains tax whether it’s at a profit or loss. Note that it’s important to calculate the selling price in local currency at the time of sale.

Yes. According to the virtual currency taxation by the Norwegian Tax Administration, buying digital currency has no tax consequences at the time of purchase. You do not need to declare the costs attributable to the purchase until you sell, but when you sell your crypto asset, you must know how much you paid. As a result, you should keep documentation of the date of purchase, transaction costs, and market value as of the date of purchase.

You can purchase Decentraland (MANA) for less than a dollar. Therefore, the least amount of Decentraland (MANA) that you can likely purchase is dependent upon the minimum purchase offered by your exchange. Our exchange allows a minimum of $10.

It is estimated that 420,000 Norwegians, approximately 10 percent of the total population, own cryptocurrency.

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.

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