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About
History
Why trade?
About
History
Why trade?
Mana Coin is the cryptocurrency used in Decentraland, a virtual reality world built on Ethereum blockchain technology. Mana coin enables users to purchase virtual land and resources using a secure, trustless system. It provides flexibility for developers to create their own experiences within Decentraland without relying on any centralized authority or service provider.
With its decentralized and trustless nature, Mana Coin provides users with the freedom to trade, build, and explore within Decentraland without relying on any middleman. Additionally, it offers an incentive for users to actively engage in the Decentraland economy by rewarding holders of Mana Coins with rewards generated from transactions made in Decentraland.
Mana Coin has been on an incredible journey in the last 5 years. Starting off from its lowest price of 0.0229 back in March 2020, it quickly rose to its highest-ever price of 4.6933 by November 2021. Since then, Mana Coin has settled around the 0.5 mark as of May 2023.
While its price has been relatively stable, Mana Coin's utility as an in-game currency for Decentraland has helped to keep demand and usage high. It could still be seen as a risky investment, but Mana Coin does have the potential to appreciate in the longer term. As Decentraland continues to grow and develop, Mana Coins’ value could increase accordingly. Therefore, traders should keep an eye on both Decentraland and Mana Coin in order to make informed decisions about their investments.
Mana Coin has several advantages that make it attractive to traders. For one, it is easy to purchase and trade; its value is pegged to the US Dollar, making it easy to evaluate and monitor. Additionally, Mana Coin has low transaction fees compared to other crypto assets. This makes it a good choice for traders who are looking to capitalize on short-term price movements.
While Mana Coin may offer attractive advantages, it is important for traders to consider the risks associated with trading this asset. For instance, because Mana Coin is a relatively new cryptocurrency, its liquidity may be lower than that of more established tokens. If traders are looking for alternative crypto assets to trade, they can consider Ethereum, Bitcoin, Litecoin and Ripple. All of these coins have their own set of advantages and potential risks, so it is important for traders to do their research.
| Swap long | [[ data.swapLong ]] points |
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| Swap short | [[ data.swapShort ]] points |
| Spread min | [[ data.stats.minSpread ]] |
| Spread avg | [[ data.stats.avgSpread ]] |
| Min contract size | [[ data.minVolume ]] |
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| Commission and Swap | Commission and Swap |
| Leverage | Leverage |
| Trading Hours | Trading Hours |
* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
Trade [[data.name]] with Skilling
The most popular and trending cryptocurrencies, all in one place at the right time.
- Trade 24/7
- Minimum margin requirement below ~3$
- Spreads of just $0.50 on BTC - lower on other crypto! Plus a super low trading fee of 0.1%/side
- No withdrawal fees
- Diversify! 900+ instruments to choose from
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying crypto asset.
Crypto CFD
Physical Crypto
Capitalise on rising stock prices (go long)
Capitalise on falling crypto prices (go short)
Trade with leverage
Hold larger positions than the cash you have at your disposal
Trade on volatility
No need to own the asset or have an exchange account
No exchange fees or complex storage costs
Just lower commissions in the form of spreads and a small taker-fee
Manage risk with in-platform tools
Ability to set take profit and stop loss levels