Swap Tether (USDT) to Decentraland (MANA)
Swapping Tether (USDT) to Decentraland (MANA) is an incredibly easy process with ZenGo. Within just a few taps, you can trade your Tether for Decentraland tokens or the other way around or spend them right away. Swap your Tether for Decentraland tokens safely and in the most secure way possible with the ZenGo wallet app whenever you want, wherever you are.
Tether (USDT) is a cryptocurrency running on the ERC-20 blockchain, issued by iFinex, a FinTech company that also owns the BitFinex cryptocurrency exchange in 2014. Tether initially launched as RealCoin, but later rebranded to Tether. Tether is the third-largest cryptocurrency by market capitalization, right after Bitcoin and Ethereum. It is labeled as a ‘’stablecoin’’ because its value is pegged to the United States Dollar. This means that one Tether token should always be worth around $1. Tether users can redeem their Tether tokens for Dollars at the official Tether site or sell them for fiat via the ZenGo wallet app. iFinex guarantees that Tether’s reserves are sufficient and that every Tether token is backed 1:1 by real USD, held in the company’s bank account.
Decentraland (MANA) is a cryptocurrency token founded by Ari Meilich and Esteban Ordano in 2015 that allows its users to purchase, develop, and trade virtual plots of land in a decentralized manner within the Decentraland metaverse project. Apart from virtual plots of land, users can also use the MANA token to purchase other virtual goods and services offered in this metaverse game. It is essentially an Ethereum-based ERC-20 token, and Decentraland is a user-owned and content-generated virtual reality platform. The game’s first map, Genesis City, was made up of 90,601 parcels of land, and the game is often compared to other open map user-generated content games like Roblox and the Sandbox.
How To Trade USDT for MANA With ZenGo?
Trading Tether for Decentraland or vice versa is a piece of cake with the ZenGo wallet app and just a matter of a few taps. To do so, download and install the ZenGo app from the Google Play or Apple App Store, and set up your personal wallet account.
When you have finished the ZenGo onboarding process, follow the steps below to swap USDT for MANA.
Why ZenGo is the Best Non-Custodial Crypto Wallet to Swap Tether for Decentraland
ZenGo is the best non-custodial cryptocurrency wallet to swap your Tether tokens for Decentraland tokens because it has built-in safety features, charges low, competitive fees, and acts as a gateway to decentralized finance. Other key reasons why thousands of other users choose ZenGo as their digital wallet of choice are:
The Web3-ready ZenGo wallet allows users to buy, sell, send, receive, and swap digital assets like Bitcoin, Ethereum, Dogecoin, Polygon, Chainlink, and Shiba Inu. Additionally, the ZenGo wallet app also allows you to store your NFT collection safely and provides you access to Web3, NFT marketplaces, Metaverse gaming, and decentralized finance via its WalletConnect feature.
Safety and Security
The ZenGo wallet is the safest and most secure non-custodial cryptocurrency wallet app on the market today that leverages the latest MPC technology to secure your digital assets with biometrical 3-factor authentication. For this reason, you don’t need to write down any traditional seed phrases anymore, as only you can safely log in and access your digital assets through facial ID.
Accessibility and Control
As a non-custodial Web3-ready crypto wallet, ZenGo allows you to have full control over your cryptocurrencies since only you have access to the private keys. Its easy and beginner-friendly user interface also allows you to buy, trade, and sell cryptocurrencies effortlessly.
ZenGo not only provides its users access to a wide variety of cryptocurrencies, but it also charges low, competitive trading fees. Moreover, ZenGo doesn’t charge you at all to send or receive cryptocurrencies on top of the original network fees. Added to that, you can decide how much transaction fees you want to pay. The faster you want your transaction to be processed, the higher the gas fees you offer.
ZenGo guarantees the safety of your digital assets. So even if you lose your phone, forget your login details, or delete the app, the ZenGo keyless recovery system, in combination with the biometric 3-factor authentication, will make sure that only you can regain access to your tokens.
24/7 Live Customer Support
If you ever run into a problem with your ZenGo wallet or have a question regarding ZenGo’s services, feel free to contact our professional 24/7 available support staff by email or live chat. If you have a more general question about the ZenGo app, you may already find what you’re looking for in our extensive Online Help Center.
Although trading and investing in digital assets can be fun and profitable, the majority of the cryptocurrency industry is still unregulated, and most tokens are highly volatile. For this reason, ZenGo safeguards your digital assets and enables you access to Web3, Dapps, and NFTs, but it doesn’t provide you with financial advice, and neither does it recommend buying or selling certain digital assets. Always do your own research before investing in any token, coin, or cryptocurrency project.
FAQs About Swapping USDT for MANA
ZenGo goes to extreme lengths to provide its users with everything they need to effortlessly swap USDT for MANA tokens and the other way around. If you still have questions about swapping Tether for Decentraland tokens, be sure to check out the FAQ section below.
Although both Tether (USDT) and Decentraland (MANA) are both cryptocurrencies running on the ERC-20 blockchain, Tether is centralized as a company issues it, whereas Decentraland is decentralized as no single entity controls the issuance of MANA tokens. Another key difference between both digital assets is that Tether is a so-called ‘’stablecoin’’ that is minimally volatile and that should always be worth around one United States Dollar. MANA, on the other hand, is as volatile as most other cryptocurrencies and both traders and long-term investors speculate on the value of the token. MANA tokens can be spent only in the Decentraland Metaverse game, whilst Tether tokens can be spent in other places, including other online games, web stores, and even real, physical stores that accept the token.
This means that you sell your Tether tokens and receive MANA tokens in return by making use of ZenGo’s built-in swap feature.
For instance, it is possible to swap USDT for MANA if you intend to purchase items or goods in the Decentraland Metaverse game or if you want to speculate on the MANA token price. On the other hand, you may choose to swap your MANA tokens for USDT to benefit from reduced cryptocurrency market volatility without converting your cryptocurrency into fiat.
Yes, you will need a safe and secure cryptocurrency wallet, such as ZenGo to swap your Tether for Decentraland and the other way around. The ZenGo wallet app is your go-to solution for this, as once you’ve downloaded and installed the app, you can easily trade Bitcoin, Ether, and other cryptocurrencies, such as MATIC, Voyager, and Sandbox, against low, competitive fees.
Yes, there are minimum trading amounts between Tether and Decentraland, but they are dynamic and based on the current market conditions. For this reason, we recommend logging into the ZenGo wallet app to check the current minimum trading amounts between USDT and MANA.
For more information about ZenGo minimum trading amounts, fees and limits, click here.
With the ZenGo wallet app, you can trade BTC, ETH, SHIB, DOGE, XTZ, USDC, MATIC, ALPHA, wBTC, SAND, and EUROC. All these tokens can be swapped for both Tether (USDT) and Decentraland (MANA).
Yes, when you have Tether and/or Decentraland in your ZenGo wallet account, you can easily send it to external wallets whenever you deem fit. Launch the app, navigate to the Tether or Decentraland screen, specify how many tokens you want to send, and enter the destination address to do so. Once you have done this, simply follow the on-screen instructions and tap ‘’Send’’ to finalize the transaction. Make sure to keep enough funds in your account to cover the gas fees.
You know when your Tether to Decentraland trade has been completed once the status of the trade updates from ‘’Trade Pending’’ to ‘’Trade Received.’’ You can check this by launching the app and navigating to the transaction history. Additionally, you will also be notified by a push notification.
Yes, you should definitely store your Tether (USDT) and Decentraland (MANA) tokens in your ZenGo wallet, as it is the safest and most secure non-custodial cryptocurrency wallet on the market.
Yes, you can buy both Tether and Decentraland with ZenGo. To buy Tether or Decentraland tokens, simply launch the app, tap the ‘’Buy’’ button within the main menu, select the coin you want to purchase, and follow the on-screen instructions. It is also possible to buy other cryptocurrencies through ZenGo, such as Ethereum, Dogecoin, Tezos, Shiba Inu, and Polygon with Visa, MasterCard, Apple Pay, and bank wire transfers.