Key Takeaways
In 2024, buying Manta Network Coin (MANTA) is straightforward, with multiple platforms offering unique features. Uniswap stands out for its decentralized nature and compatibility with ERC-20 tokens. Binance provides global reach, simplicity, and a mobile-friendly experience. KuCoin offers strong security and a user-friendly interface.
Each platform caters to specific needs, whether you prefer decentralized exchanges, comprehensive options, or secure trading environments. These platforms make it easy to obtain MANTA based on your preferences and available cryptocurrencies.
What is Manta Network Coin?
Manta Network Coin (MANTA) operates on the Manta Network, a modular ecosystem for Web3 applications. As of 2024, MANTA ranks 116th on CoinMarketCap, with a price of $2.17, a 24-hour trading volume exceeding $805 million, and a market cap of over $538 million. Out of a maximum supply of 1 billion MANTA coins, 251 million are in circulation.
MANTA may not yet be available on all exchanges, but it can be purchased on several trusted platforms. Here’s a guide to the top exchanges where you can buy MANTA.
Uniswap: How to Buy MANTA on a Decentralized Exchange
Uniswap is a decentralized exchange on the Ethereum blockchain. It allows users to trade MANTA without intermediaries, keeping fees low. Since MANTA is an ERC-20 token, you’ll need other ERC-20 tokens like ETH, USDT, or DAI to buy it.
Steps to Buy MANTA on Uniswap
- Set Up a Crypto Wallet
Create a wallet compatible with ERC-20 tokens, such as MetaMask, Trust Wallet, or Coinbase Wallet. Make sure to secure your seed phrase to protect your funds. - Fund Your Wallet
Add funds to your wallet by transferring cryptocurrencies from another wallet or purchasing them through services like MoonPay or Simplex. - Connect Wallet to Uniswap
Visit the Uniswap website and click “Connect Wallet” at the top. Follow the instructions to link your wallet. - Initiate a Swap
- Select the token you want to swap (e.g., ETH) in the “From” field.
- Choose MANTA in the “To” field. Use the contract address (0xf7b410007e37cc34794a4de9234fba430ec4cec22) if needed.
- Enter the amount you want to swap.
- Review and Confirm
Check the swap details, including gas fees and slippage tolerance. Adjust settings if necessary, then confirm the transaction in your wallet. - Check Your Wallet
Once the transaction is complete, your MANTA balance will appear in your wallet.
Uniswap is ideal for users who prioritize decentralization and access to a wide range of ERC-20 tokens.
Binance: How to Buy MANTA on a Leading Exchange
MANTA was added to Binance Launchpool in January 2024 and officially listed for trading shortly after. Binance supports pairs like MANTA/USDT, MANTA/BNB, MANTA/BTC, and MANTA/TRY.
Steps to Buy MANTA on Binance
- Create an Account
Sign up on Binance via their website or app. Complete the identity verification process. - Deposit Funds
Add funds using fiat money or other cryptocurrencies. Go to the “Wallet” section to find deposit options. - Choose a Trading Pair
Search for the MANTA trading pair that matches your deposited currency, such as MANTA/USDT. - Place an Order
- For a quick purchase, choose a market order.
- If you want a specific price, select a limit order.
- Complete the Transaction
Once the order is processed, MANTA will appear in your Binance account. - Withdraw to a Wallet
Transfer your MANTA to a secure wallet. Double-check the wallet address before confirming the withdrawal.
Binance is an excellent choice for beginners due to its global accessibility, user-friendly app, and a wide range of supported currencies.
KuCoin: A Secure Platform for Buying MANTA
KuCoin is known for its security and high liquidity. It offers advanced trading features and supports various order types, making it a preferred choice for many traders.
Steps to Buy MANTA on KuCoin
- Sign Up
Register on KuCoin with your email or mobile number. Set a strong password and select your country of residence. - Secure Your Account
Enable two-factor authentication (2FA) and set anti-phishing codes for added protection. - Verify Your Identity
Complete the verification process by uploading a valid photo ID. - Deposit Funds
Add funds via credit card, bank transfer, or existing cryptocurrency. - Buy MANTA
- Transfer funds to your trading account.
- Search for MANTA trading pairs and place an order.
- Store MANTA
- Option 1: Keep MANTA in your KuCoin account for easy access to trading and staking.
- Option 2: Withdraw to a non-custodial wallet for maximum security.
KuCoin is a great option for those who value security and want a seamless trading experience.
Conclusion
Buying MANTA Network Coin in 2024 is simple, with multiple platforms catering to different needs. Uniswap offers decentralization and compatibility with ERC-20 tokens, Binance provides global access and ease of use, and KuCoin emphasizes security and advanced features.
Choose the platform that best suits your trading style and preferences. Always research and follow security best practices when handling cryptocurrency. Whether you’re a seasoned trader or a beginner, these platforms make acquiring MANTA straightforward and efficient.