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Learn More about buying MANA in Slovenia
How to buy Decentraland in Slovenia
Is MANA a good investment in Slovenia?
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.
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.
Is Decentraland legal to buy in Slovenia?
Yes. According to the virtual currency press release by the Bank of Slovenia, cryptocurrencies
are digital representations of value or token that are neither issued nor backed by a central bank
or a public authority. That being said, it is not illegal to accept crypto assets as a means of
payment in Slovenia. According to the mentioned statement, Transfer, purchase, storage and
trading of cryptocurrency, though warned to be risky, yet arises no legal problems in Slovenia.
Is Decentraland taxed in Slovenia
According to the Financial Administration of the Republic of Slovenia (FURS), a natural person
resident in Slovenia is not taxed on the capital gains from the sale or use of virtual currencies,
unless the activity is considered to be a professional business. This is because, according to the
Slovenia’s Personal Income Tax Act, capital gains are generally not taxable if they result from
movable property or the disposal of derivative financial assets. Since cryptocurrencies are not
fixed financial assets or shares, they are not included in the individual’s taxable capital gain. But
according to the statement by the Financial Administration, individuals who engage in trading
and extracting virtual currencies as business activity are subject to income tax. More information
on the taxation of activities is published in the brochure on income from activities (in Slovenian).
After you've bought Decentraland in Slovenia
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.
Who can buy Decentraland in Slovenia?
Anyone. Many crypto-trading platforms have launched following the cryptocurrency boom of the
last decade. This availability of numerous options can make it confusing for new investors to
select the places to buy cryptocurrency in Slovenia. With the help of crypto exchanges, you can
easily start your crypto transactions by creating an account. What distinguishes an exchange
from others, is the transaction services it offers, exchange fee and the payment methods it
provides for an easy and convenient crypto purchase. In Slovenia, payment methods such as
Apple pay, Google pay, Credit Card, Debit Card, Bank Transfer and PayPal are accessible. Our
exchange supports all of these payment services and offers you fast, safe and free of charge
cryptocurrency transactions in Slovenia.
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Payment methods to buy Decentraland in Slovenia
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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.
According to the Financial Administration of the Republic of Slovenia (FURS), if profits from
regular and business-like cryptocurrency activities are treated as capital gains under the
corporate law, capital gains are considered regular income, and the total amount of profits
earned is taxed at 19%.
Yes. According to the Bank of Slovenia, cryptocurrency is not recognized as legal tender.
Therefore, it is not widely accepted as a form of money. But according to the same statement, if
the service provider or goods seller is willing to accept crypto-payment, then there should be no
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 over 50 thousand people, 2.45% of Slovenia’s total population, currently own
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.