🔥 Buy Decentraland Instructions | Paypal, Credit Card & SEPA

Decentraland

One can deal with both day and time deposit accounts and be annoyed that the money in the savings book is not growing either, because the interest rate policy of the European Central Bank - in short: ECB - does not allow any increase in wealth. If you take inflation into account, it quickly becomes clear that money in the savings book or overnight money account even loses value over time.

But what alternative is there? More and more people are dealing with crypto currencies. But not necessarily only here Bitcoin or Litecoin, but also with more unknown digital currencies, which, according to the experts, have the potential to cause a sensation in the foreseeable future.

MANA, the coin from Decentraland, may be such a cryptocurrency. But how promising is the cryptocurrency actually?

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Buy Decentraland from Germany, Austria & Switzerland Instructions:

etoro

A digital currency that you shouldn't lose sight of is called Decentraland. At this point it should be noted in advance that it is absolutely irrelevant for price speculation or the acquisition of a crypto currency whether you are at home in Austria, live in Switzerland or have your place of residence in Germany. It is important that you get access to the crypto market.

Access to the crypto market is available through the Crypto exchange. But there are also online brokers who allow speculation and trading in digital currencies. However, it should be mentioned at this point that there is a significant difference between investing, i.e. buying coins in a crypto currency, or speculating, i.e. only dealing with the price speculation of the digital currency.

Because a crypto exchange is primarily an access to invest money directly. This means that you buy coins of your favorite cryptocurrency, transfer them to your wallet, which is the digital wallet in which the coins are stored, and you are happy when the price of the cryptocurrency rises, as the assets invested also go up . If the crypto currency then reaches the desired price level, it can then be sold.

But you can also get access to the crypto market via an online broker. In this case, there is only speculating on the price of the digital currency. This means that you don't buy digital coins, you just bet on whether the price of the cryptocurrency will rise (you open a long position) or fall (you open a short position). It is important to be aware from the outset that the crypto market is extremely volatile and difficult to assess. What that means? Anyone who misjudges the price development of the cryptocurrency here must then note that there can be high losses. For this reason, it is important to only invest money that is freely available. Of course, there can also be attractive profits if the market is assessed correctly.

With eToro there is a provider on the market who provides the services of an online broker and is also a crypto exchange. The advantage that the services of a stock exchange and a broker are offered here? You can speculate about the price development via eToro, but you can also buy coins and transfer them to the internal wallet

Furthermore, the provider eToro scores with the fact that so-called social trading is offered here. That means, you take decisions like strategies of successful traders - so you can participate in their successes. However, it should be noted that there is no guarantee of profit here. Even an experienced trader who has been successfully participating in the market for years and has already made high profits several times can be wrong. Therefore, one should also be careful here and only invest freely available money.

The broker eToro is regulated. The provider is based in Cyprus. That is the reason why the CySEC, the Cyprus Securities and Exchange Commission, is behind the provider. The regulatory authority then checks whether eToro complies with all rules and laws, so that the customer can be sure that no fraudulent activities are being pursued here.

If you find out that the offer from eToro corresponds to your personal ideas, you can open an account afterwards.

Step 1: Register with eToro

Registration

Only a few details need to be provided during registration. This includes the first and last name, a user name and an email address. Finally, a password has to be generated. Here you should not only use uppercase and lowercase letters, but also integrate digits and work with special characters. The more complex the password, the greater the security.

The verification process does not start until the payment is requested. This means that you can start trading or investing immediately after entering your personal data.

The entire registration process takes a few minutes and is self-explanatory. There are no challenges here. Even beginners who have never come into contact with such a platform will have difficulties here.

Step 2: Deposit with PayPal, credit card or instant transfer 

Depending on the selected deposit method, the money is then available either immediately or after two to four working days in the eToro account.

Compared to many other providers, eToro offers a wide range of various payment options. For example, you can use the bank transfer, but you can also top up your account with your credit card. eToro also makes eWallets available as a deposit option as well PayPal.

PayPal should be mentioned again at this point. This is because the online payment service is very popular and is available in many online shops, but is still a real rarity in the brokerage industry. So if you are looking for a broker who accepts PayPal as a deposit method, you have come to the right place.

Deposit money

Step 3: buy and sell Decentraland 

Due to the fact that eToro brokers and Cryptocurrency exchange is, there are different accesses to then be able to work with the coin of the crypto currency Decentraland.

You can specify the amount you want to invest, and you get the information about how many coins you get. But you can also specify the number of coins you want to purchase and eToro calculates how high the amount to be invested should be. Now, after the transaction has been confirmed, the coins are transferred to the internal wallet. However, you don't have to use the eToro wallet, you can also choose your own provider.

By clicking on X2, you don't invest directly, but opt ​​for price speculation. The big advantage? You can also bet on falling prices here. However, the market is volatile and difficult to assess, so that one should be particularly careful with short-term speculations.

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Decentraland buy deposit methods

The variety of deposit methods may be overwhelming. It is important, however, to pay attention to the advantages and disadvantages in advance - that is, do the advantages outweigh the advantages or are there a few critical points that sometimes lead to the decision to use a different payment method?

Buy Decentraland PayPal

PayPal

The online payment service PayPal is particularly popular. The focus here is on real-time transfers. This means that if you make the transfer at 11 a.m., you will have the money in your account at 11:01 a.m. Due to the fact that PayPal is accepted by an enormous number of online shops, it may be a well-known variant. All those who do not yet have an account but want to use the service can register. Registration only takes a few moments and will not be a big challenge here.

Buy Decentraland Sofortüberweisung

Sofortüberweisung is another way to transfer money in real time. If you compare Sofortüberweisung with PayPal, an advantage arises relatively quickly, which then speaks in favor of the option of Sofortüberweisung: You don't need another provider, you access your bank account here - that is, the amount to be transferred is here in real time transferred from the bank account to the broker's account, such as eToro.

Decentraland buy credit card 

Real-time transfers are also available if you choose to deposit with your credit card. It is important to ensure that the chosen credit card company is also accepted by the provider. If this is not the case, you cannot make a deposit into the account with the credit card. Furthermore, you have to pay attention to your own limit - that is, how is your personal credit line?

Buy Decentraland with Paysafecard

Paysafe

If the Paysafecard is accepted, account capitalization can also be carried out using this payment option. Then you can also buy coins from Cryptocurrency via Paysafecard pay.

‍How to buy and sell Decentraland

When it comes to buying cryptocurrency coins, it is important to clarify for yourself personally what price do you want to invest at all. This is also the case if you then plan to sell at a profit. In other words, at what price level are you ready to sell the coins?

‍ Buy Decentraland without registering

A purchase process without registration is usually not possible. That's because you have to register before you can get direct access to the crypto market.

‍ Buy Decentraland anonymously

This is also the case when it comes to answering the question of whether you can purchase coins anonymously. A purchase process, completely anonymous, is not possible via an exchange or broker.

‍ Buy Decentraland without verification

If the verification only has to be carried out with the start of the first payout, one can at least say that the purchase process without verification is possible.

‍Where to buy Decentraland the cheapest: Crypto exchange fees comparison

If you invest your money, it is extremely important that you take a look at the fee model in advance. Because the fees gnaw at the profits. So it is advisable that the services of a provider are used, which causes very low costs.

Development

Buy Decentraland or not: Is it worth buying Decentraland

Cryptocurrencies that are relatively unknown have a risk that should not be underestimated. MANA, the crypto currency from Decentraland, ranks 92nd when market capitalization is taken into account (as of the end of June 2021). The price is 0,49 US dollars - the all-time high is 70 percent away (1,60 US dollars, set on May 7, 2021).

Anyone who thinks the price is going up again and the potential is definitely there is well advised to when he invests.

Decentraland front

‍Other special features when purchasing Decentraland

Decentraland defines itself as a virtual reality platform. The platform is based on the Ethereum blockchain. The users are given the opportunity to create applications such as content themselves, whereby monetization naturally also plays an important role here. In this virtual world, users buy properties that they can later drive on, build on and then monetize.

After the Initial Coin Offering - ICO for short - Decentraland was started with a value of around 24 million US dollars. The ICO took place in 2017. Decentraland started with the closed beta in 2019; The system was made available to the public in February 2020.

Two coins or tokens are used at Decentraland: LAND and MANA.

Buy Decentraland Conclusion: This is the best way to buy Decentraland

When dealing with digital currencies, it is important to always take a look behind the scenes. That is, what does the project that takes place in the background look like? Decentraland may well be a project here that is sustainable. Especially because the interest in virtual reality platforms is increasing.

And an increasing interest in the technology in the background or in the project may have positive effects on the price development of the cryptocurrency.

Do you want to trade cryptocurrencies with the best conditions?
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Crypto investments are made by eToro (Europe) Ltd. and the custody is carried out by eToro Germany GmbH.
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Thomas Cormik

Thomas Cormik started out with the sole focus on educating his readers about Bitcoin and its potential impact on traditional financial systems. Thomas prides itself on bringing quality content to the masses under the Bitcoin-News.one banner.

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