Where To Buy Decentraland in USA – Learn How To Buy Decentraland Today in 2023

Fact Checked by Gary McFarlane

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

Decentraland (MANA) is a fully decentralized platform that runs on Ethereum, where users can own, develop, and interact in a 3D shared virtual world. Fully in line with the NFT boom of 2021, this blockchain-based network has since seen its value skyrocket in the cryptocurrency market.

Our beginner’s guide will teach you how to buy Decentraland, what investment methods to consider, and most importantly – a list of the best online platforms that you can use to make your MANA purchase. 

#1 Broker to Buy Decentraland – XTB

Where To Buy Decentraland in USA – Overview of the 5 Best Brokers

If you are looking to buy Decentraland, you will need to use a suitable online broker that supports MANA tokens. From our research, we found that the following platforms are the best in the market – based on the quality of their services and the costs involved in making a cryptocurrency investment.

  1. XTB – Overall Best Broker to Buy Decentraland
  2. Coinbase – User-Friendly Broker to Buy Decentraland
  3. Binance – Great Exchange to Buy Decentraland For Access to 100+ Tokens
  4. OKEx – Deposit Crypto to Buy Decentraland
  5. Capital.com – Buy Decentraland with 0% Commission

To give you a better idea of why we prefer these Decentraland brokers, we have added detailed reviews in the later section of this guide.

How to Buy Decentraland in USA – A Quick Guide For 2023

Are you looking for the easiest and safest method of how to buy Decentraland? If so, this four-step guide will sum up the process for you.

  • Step 1: Open an Account with XTB –  XTB is one of the best online crypto brokers to buy Decentraland, not only because it’s beginner-friendly but is also regulated by multiple financial authorities. To get started, you will need to create your account by providing your email address and setting your username/password.
  • Step 2: Upload Your ID – As a regulated online broker, XTB will ask you for some personal information and contact details, along with a copy of your government-issued ID for the verification of your identity.
  • Step 3: Deposit Funds – Next, you can make a deposit into your XTB account. The platform supports payment methods such as debit/credit cards, online banking, and e-wallets like PayPal.
  • Step 4: Buy Decentraland – When your account is fully funded, you can search for Decentraland on XTB and click on the ‘Trade’ button. You can then enter how many MANA tokens you want to buy or the amount you want to invest in this digital asset. Finally, confirm your order by clicking ‘Open Trade.’

As you can see, buying Decentraland via an SEC-regulated broker like XTB is quite simple and straightforward. You can continue reading our guide to learn more about investing in this digital asset.

Cryptoassets are highly volatile unregulated investment products. Proceed at your own risk.

Where to Buy Decentraland in USA – Full Broker Reviews

When thinking of how to buy Decentraland – your first port of call is to find a suitable broker that lists MANA tokens. However, finding the right platform demands a keen eye – since you will need to consider multiple factors. This includes regulation, the minimum investment required, payment methods, user-friendliness, and fees.

To help you expedite the search for the ideal broker, below we list a selection of the best platforms that give you unfettered access to Decentraland in a safe and cost-effective manner.

1. Coinbase – Best Broker to Buy Decentraland in the US for Beginners

Buy MANA at Coinbase

With 68 million verified users and growing, Coinbase is easily one of the most-used cryptocurrency exchanges in the world. What makes this platform so popular is the fact that it is user-friendly and makes buying digital assets a simple process for investors across all levels. The site also allows you to set up scheduled purchases of Decentraland at regular intervals.

For instance, suppose that you want to buy MANA tokens at a stake of $100 every week – Coinbase will enable you to schedule the orders, and your instructions will be carried out by the platform automatically. In other words, you will get the opportunity to maximize the benefits of the dollar-cost averaging strategy when purchasing Decentraland. Moreover, this cryptocurrency exchange ensures that it stores 98% of clients’ digital currencies in offline cold wallets.

coinbase review

All that being said, Coinbase is one of the most expensive brokers to use to buy Decentraland. The platform charges a hefty 3.99% for processing your deposits via a debit or credit card. In other words, if you invest $100 into MANA tokens – you will receive coins worth only $96. As your stake amount increases, such charges can easily add up to a considerable sum. Therefore, you will want to make sure that you go through the fee structure before signing up with this cryptocurrency exchange.

Pros

  • One of the most popular cryptocurrency exchanges
  • Over 68 million clients
  • Supports instant debit or credit purchases
  • Numerous digital tokens to select from
  • Institutional-grade security practices

Cons

  • Debit card deposits are expensive at 3.99%
  • You will pay a standard trading commission of 1.49%

Cryptoassets are highly volatile unregulated investment products. Proceed at your own risk.

2. Binance – Great Exchange to Buy Decentraland in the US For Access to 100+ Tokens

If you want to expand your portfolio to other cryptocurrencies along with Decentraland, then Binance might be a suitable platform for your investment style. This exchange lists over 100 digital assets, giving you the convenience of investing your money into a diversified basket of coins via one website. However, it is crucial to note that the level of access you will have will ultimately be determined by your location.

For example, Binance US lists just over 50 tokens, whereas if you are in Europe, you will have access to more cryptocurrencies. However, US clients are also charged less when it comes to debit and credit card payments – at just 0.5%. In comparison, users based elsewhere using the same service can end up paying as much as 4% in fees when buying Decentraland.

binance review

 

Another thing to remember if buying Decentraland via Binance is that – you will have to exchange a different popular cryptocurrency like Bitcoin or Ethereum to get your hands on MANA tokens. There are, in total, four related markets – MANA/USDT, MANA/BTC, MANA/BUSD, and MANA/ETH accessible to you on this platform. Moreover, every time you purchase or sell this digital asset via Binance, you will have to pay a standard commission of 0.10%.

When it comes to storing your Decentraland tokens, you will have the option between the in-house custodial solution offered by Binance or move your assets to the exchange’s official wallet, Trust. To add more safety to your cryptocurrency trades, the platform has also made it a requirement to set up two-factor authentication to gain access to your account.

Pros

  • Facilitates billions of dollars in daily trading volume
  • lists hundreds of cryptocurrency pairs
  • Near-instant deposits via debit/credit card
  • Trading commission starts at just 0.1% per slide
  • Offers crypto savings accounts
  • Suitable for both newbies and advanced investors alike

Cons

  • The debit/credit card feature doesn’t apply to all supported markets
  • No e-wallet deposits or withdrawals

Cryptoassets are highly volatile unregulated investment products. Proceed at your own risk.

3. OKEx – Deposit Crypto to Buy Decentraland in the US

OKEx homepage

For those who already own other cryptocurrencies, you have the option of exchanging the digital coins you own in order to buy Decentraland. If you are choosing this method, OKEx is a platform that facilitates such purchases of MANA tokens at low fees. Moreover, this approach also allows you to use the services of the site without having to fulfill the KYC requirements (limits apply).

Put otherwise, if you want to fund your account using a fiat currency like US dollars or British pounds – you will need to go through a verification process that requires a copy of your ID. That being said, this exchange supports multiple markets such as MANA/USDT, MANA/ETH, and MANA/BTC.

OKEx has also gone to great lengths to ensure the safety of your MANA investments. If needed, you will also have access to the exchange’s in-built wallet to safe-keep your Decentraland tokens. This can be a viable and hassle-free option for beginners, especially since you do not have to withdraw your digital assets to an external storage option for the long term.

Pros

  • Credible cryptocurrency exchange with more than 20 million clients
  • More than 400+ digital currency pairs
  • Invest in digital tokens using a debit/credit card or wire transfer
  • Low commissions that start from 0.1%
  • Fully-fledged mobile app on Android and iOS
  • Great reputation in the market and super secure

Cons

  • Debit/credit card fees could be more competitive
  • Derivative products are too complex for beginners

Cryptoassets are highly volatile unregulated investment products. Proceed at your own risk.

4. Capital.com – Trade Decentraland With 0% Commission

capital.com review

If you know your way around the cryptocurrency markets, you might also want to consider buying Decentraland via a CFD (Contracts-for-Differences). Although these are complex financial instruments, Capital.com makes it simple for beginners to buy and sell MANA CFDs with ease. However, note that this product is more suited for those who want to capitalize on the short-term movements of this digital asset.

In other words, instead of investing in Decentraland for the long-term – you will be opening and closing positions within shorter spans. This way, you will be targeting smaller profits but placing regular trades. Additionally, Capital.com also allows you to take advantage of leverage – where you can borrow funds from the broker to open positions that you cannot fund with your current account balance. For instance, by applying leverage of 1:10 to a $100 stake, you will be able to multiply your profits tenfold (note that your losses will also be magnified).

capital.com review

Capital.com is another broker that gives you access to hundreds of other assets along with Decentraland. Using this platform, you can diversify your trades into stocks, commodities, forex and also, into over 200 other cryptocurrency markets. Moreover, if using a debit/credit card, you will be able to gain access to MANA tokens from a minimum deposit of just $20. Bank wires, on the other hand, require a minimum of $250. It is also beneficial that this site is regulated by multiple financial authorities – including the FCA and CySEC.

Pros

  • Top-rated spread betting and CFD broker
  • FCA-licensed
  • Minimum deposit just $20 (debit/credit cards and e-wallets)
  • All markets are tradeable at 0%-commission
  • Tight spread and no deposit/withdrawal fees
  • Supports thousands of financial markets
  • Convenient for Newbies

Cons

  • Experienced traders might consider the broker too basic
  • $250 minimum deposit on wire transfers
  • Not available in the US

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.25% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.

Buy Decentraland – Best Place to Buy Decentraland

Earlier in our guide, we listed the five best platforms that allow you to buy Decentraland – which includes both online brokers and cryptocurrency exchanges. Now, some of you might be wondering what the difference between these two is and which type of site is the best suited for your MANA investments. 

If so, we help clear the mist below.

Online Cryptocurrency Broker

Online brokers have been around for a very long time, facilitating investments into different types of assets, including cryptocurrencies, stocks, commodities, and more. When you are buying Decentraland from such a platform, you will be obtaining the MANA tokens directly from the provider.

In other words, when thinking of how to buy Decentraland, an online cryptocurrency broker is both the safest and easiest option you will find. That is, given that the platform is regulated.

Decentraland Overview

Using an investment site like XTB gives you the added security and advantages of buying Decentraland in a regulated space. Moreover, you will also be able to pay for your MANA tokens directly using fiat currency. Additionally, if you are choosing to leave your digital coins in your brokerage portfolio, it is always best to do so via a licensed platform.

Cryptocurrency Exchange

When looking up how to buy Decentraland, you would have invariably come across the names of a few popular exchanges. In fact, Binance and OKEx are some of the most popular sites that fall under this category of cryptocurrency providers. However, it is crucial to bear in mind that only a handful of such platforms allow you to invest in MANA tokens using fiat money.

Instead, on the vast majority of these exchanges, you will have to swap another cryptocurrency in order to purchase MANA tokens. This means that you will have to fund your account with a different digital asset.

Decentraland markets

To add to this inconvenience, most of these platforms are also unlikely to be regulated in any manner. In other words, without the safety of a license, you will be adding more risk to your MANA investments. Ultimately, if you are considering how to buy Decentraland safely, it will be in your best interest to proceed with a licensed broker like XTB.

Ways to Buy Decentraland

When it comes to paying for your Decentraland investment, brokers of today facilitate a variety of options. However, each comes with its own merits and drawbacks that we will discuss below.

Buy Decentraland With Debit Card

If thinking of how to buy Decentraland in the fastest way possible, a debit card payment will certainly be your best option. On XTB, US residents can use this method on a fee-free basis. Whereas, Coinbase will charge you 3.99% every time you buy Decentraland with a debit card.

Buy Decentraland With Debit Card Now

Buy Decentraland With Credit Card

If buying Decentraland using a credit card, XTB will process your deposit at no extra cost – given that you fund your account in US dollars. However, you might have to deal with the ‘cash advance fee’ charged by your service provider.

Not only that it is not uncommon for credit card companies to restrict payments for cryptocurrencies – so you will want to check with your provider first.

Buy Decentraland With Credit Card Now

Buy Decentraland With Paypal

XTB has also added the option for you to buy Decentraland with PayPal. Alternatively, you can also resort to purchasing MANA tokens via your Neteller or Skrill accounts.

Buy Decentraland With Paypal

Buy Decentraland With Bitcoin

If you already have some Bitcoin tucked away in your private wallet, then you can use the tokens to buy Decentraland. Instead of fiat currencies, you will be exchanging your BTC coins to purchase MANA tokens. The key advantage is that platforms facilitating such investments do not require you to complete the KYC process (limits might apply).

Buy Decentraland Now

Why Buy Decentraland?

When considering how to buy Decentraland, you will be unquestionably faced with the question – is it worth investing in this digital asset? To answer that, you will need to consider the future prospects of this cryptocurrency and your personal risk exposure. You will also need to evaluate whether it is a good match for your financial goals.

In this section, we will look at some of the reasons that make Decentraland an attractive digital coin in the current market. However, note that you need to do your own independent research before you decide to invest in MANA tokens.

Practical Use Cases

Although there are thousands of cryptocurrencies circulating the market, only a few of them offer any real utility. As a 3D virtual space, Decentraland is a platform that developers can use to build apps and create scenes using its scripting language.

These apps can, in turn, be a means for members of this community to interact with each other. In fact, there are even neighborhoods that have been set up, which attracts users and has growing communities.

eToro how to buy Decentraland

Decentraland also makes money via advertising in this virtual world. As communities grow, brands acquire spaces here for marketing their products. This adds an attractive revenue to both the platform as well as investors like you.

In addition, users can also buy and sell NFTs that represent assets via this network. With a variety of use cases, MANA tokens are bound to grow in value, bringing more returns to those who believe in the long-term future of the project.

Low Entry Point

If you are trying to find your footing in the cryptocurrency market, then Decentraland comes with a low entry point – which is an appealing factor for casual investors. Compared to the likes of Bitcoin and Ethereum, the value of a single MANA token is worth less than $1.00 ($0.63 at the time of writing). Put otherwise, you will be able to buy many units of this digital asset even with just $100.

Decentraland Price Action

In fact, with brokers like XTB allowing you to invest in Decentraland with just $25 – you will be able to get nearly 40 MANA tokens. Even if the project is to go through a bearish market in the future, you are unlikely to be affected significantly when investing small amounts. Considering the crypto volatility, it is always best to risk only amounts that you can afford to lose.

Increasing Adoption

Another factor that is in favor of Decentraland is that there is increasing adoption of this blockchain-based platform by several institutions. One example is the case with Sotheby’s – a prominent auction house that deals with high-profile luxury items, real estate, and more.

This firm has created a virtual gallery, where its users can buy products on Decentraland using MANA. If such a trend is to continue, with more and more companies creating their virtual version on this platform, then this will reflect positively on Decentraland price.

The Cost of Buying Decentraland

When buying Decentraland, you will also have to pay close attention to the fees charged by your broker. Below, we give you a quick rundown of what you need to look for when making MANA investments.

Deposit Fees

When thinking of how to buy Decentraland, you will need to consider if your preferred payment method comes with additional costs. It is not uncommon for brokers to charge you for processing your deposits on the platform.

For instance, Coinbase charges a whopping 3.99% for debit/credit cards, whereas deposits via this payment method are absolutely free for US-based users on XTB.

eToro how to buy decentraland

Funding your account via a wire transfer might be cheaper, depending on your broker. But this will involve prolonged waiting periods as determined by your bank and service provider. Since most platforms prefer US dollars as the benchmark currency- you will also have to think about any exchange rate fees if you are making a deposit in anything other than USD.

Commissions

Almost every broker you come across will charge you a commission when buying Decentraland. This is often expressed as a percentage, which is calculated against your stake amount. For instance, Coinbase charges 1.49% – meaning, on your $1,000 investment into MANA tokens, you will have to pay $14.90 to the platform.

The Spread

Compared to commissions, you might find the spread a bit harder to assess. This is because the spread is often viewed as an indirect fee that fluctuates based on the market and liquidity of Decentraland. In simple terms, this fee is the mark-up between the buy and sell price of the asset.

To give you an example, let’s suppose that the difference between the two prices of Decentraland comes to 1%. This means that you will have to pay this spread when you buy MANA tokens. Crucially, you need your investment to make a profit of at least 1% to break-even.

etoro how to buy decentraland

As it goes, not every Decentraland broker is transparent about the spread. So, you will end up having to make the calculation yourself. On XTB, however, this fee starts from just 0.75% on cryptocurrencies – which is reasonable given the fact that the platform does not charge any commissions to facilitate your MANA investments.

How to Sell Decentraland

After you have completed your Decentraland purchase, your next concern will be how to keep your digital coins safe. As our How to Buy Decentraland Guide has pointed out – there are several ways for you to store your MANA tokens safely.

  • The easiest option would be to leave them in the in-house custodial wallet supported by XTB.
  • This is not only safer but will also allow you to sell your Decentraland investment directly from within your account.
  • On XTB, you will be able to cash out your MANA tokens at the click of a button via your brokerage portfolio.
  • The proceeds will be instantly added to your balance, and be readily available for withdrawal upon request.

Alternatively, if you have stored your MANA tokens in a private wallet, you will have a private key that will give you access to your cryptocurrencies. When you are ready to sell, you can transfer your Decentraland coins to your brokerage platform, and follow the same procedure of cashing out as we have discussed earlier.

How & Where to Buy Decentraland in USA – Conclusion

Investing in MANA tokens might be a great way to diversify the exposure of your cryptocurrency portfolio. However, you should always adhere to the fact that the market for digital assets is largely volatile and unregulated. As such, before considering how to buy Decentraland, make sure that you do independent research about the risks and rewards associated with this coin.

Most importantly, you will also need to find a regulated broker like XTB in order to facilitate the purchase of Decentraland. Not only is this platform licensed by multiple authorities, but will also allow you to buy Decentraland from just $25, thus leaving you plenty of room to diversify your investment landscape.

XTB – Best Broker to Buy Decentraland

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About Kane Pepi PRO INVESTOR

Kane Pepi writes for several high profile publications such as InsideBitcoins, the Motely Fool, and Learnbonds. Based in Malta, Kane is extremely skilled at complex subjects related to financial matters - including a Bachelor’s Degree in Finance, a Master’s Degree in Financial Crime, and actively engaged in Doctorate Degree research, for the money laundering threats of the blockchain economy.