Convert
Indian Rupee (INR) to Decentraland (MANA) Instantly
Purchase Decentraland (MANA) with Indian Rupee (INR) easily at Switchere and benefit from fast, secure transactions.
About
Decentraland (MANA)
Decentraland (MANA) is a pioneering decentralized virtual world platform built on the Ethereum blockchain, empowering users to create, experience, and monetize content and applications within a user-owned digital realm. Its primary purpose is to establish a persistent, shared, and open virtual environment where digital real estate (LAND NFTs) and in-world assets are verifiably owned and controlled by participants, not a central entity. The core technology leverages smart contracts for LAND ownership (ERC-721 tokens) and its native currency, MANA (an ERC-20 utility token), fostering a robust on-chain economy and a truly decentralized network for its metaverse.
The MANA token is integral to the Decentraland ecosystem. It serves as the medium of exchange for acquiring LAND parcels, virtual goods, wearables for avatars, and accessing various in-world services and experiences. Beyond its transactional utility, MANA also functions as a governance token, granting holders voting rights within the Decentraland DAO (Decentralized Autonomous Organization). This allows the community to influence key decisions regarding platform policies, development grants, and the allocation of resources. As a foundational Web3 infrastructure project, Decentraland is a key player in the burgeoning creator economy and the evolution of immersive social gaming and virtual reality experiences, all secured by blockchain technology and cryptographic security.
How to Buy Decentraland (MANA)
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Frequently asked questions
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What is the INR/MANA trading pair and its significance for the Decentraland metaverse?
The INR/MANA pair allows you to directly purchase Decentraland's native ERC-20 token, MANA, using Indian Rupees (INR). Its significance lies in providing a direct fiat on-ramp for Indian users into the Decentraland virtual world, enabling them to buy LAND parcels, avatar wearables, and participate in the Decentraland DAO without needing to convert INR to another cryptocurrency first. This simplifies access to the virtual real estate and play-to-earn economy on the Ethereum blockchain. -
What payment methods are typically used to buy MANA with INR on Indian cryptocurrency exchanges?
On regulated Indian cryptocurrency exchanges, the most common and efficient payment methods to fund your account for an INR to MANA transaction are UPI (Unified Payments Interface), IMPS, NEFT, and RTGS bank transfers from a verified Indian bank account. These methods are preferred for their speed and integration with the Indian banking system, facilitating a smooth fiat on-ramp process subject to standard KYC/AML compliance. -
What are the essential KYC verification steps for trading the INR/MANA pair in India?
To comply with KYC/AML regulations in India for trading digital assets, you must complete a verification process. This typically involves providing your PAN (Permanent Account Number) card, your Aadhaar card for address and identity proof, and linking a bank account in your name. Some platforms may also require a selfie for biometric verification. This ensures a secure trading environment and legal compliance for all fiat on-ramp services. -
How should I securely store my MANA tokens after a successful INR to MANA digital asset purchase?
For maximum security, it's recommended to move your MANA tokens from the exchange to a personal digital wallet where you control the private keys. Since MANA is an ERC-20 token, it is compatible with any Ethereum-supported wallet. Options include hardware wallets like Ledger or Trezor for cold storage, or software wallets like MetaMask for easy interaction with the Decentraland platform and its dApps. Leaving assets on an exchange is convenient for trading but carries custodial risk. -
Besides trading fees, are there other costs like blockchain transaction fees when handling MANA?
Yes. While purchasing on an Indian exchange involves trading fees (maker/taker) and possibly INR deposit fees, moving your MANA off-exchange incurs blockchain network fees. As MANA is an ERC-20 token on Ethereum, any withdrawal to a personal wallet or interaction within the Decentraland metaverse (like buying LAND) requires paying 'gas fees' in ETH to Ethereum miners to process the blockchain transaction. These fees fluctuate based on network congestion.