How to Buy Theta (THETA)
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How to buy THETA
Just 3 easy steps to start investing in Theta
Create your account
Sign up on the website, and verify your account with complete information.
Select a payment
Select whether you want to purchase THETA with PayPal, Google Pay, etc.
Choose THETA, select how much you want to buy, and make your first investment.
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Learn more about Theta
What is Theta Network ?
The Theta Network is a peer-to-peer blockchain-based video streaming platform founded in 2018. This decentralized platform lets Theta users share their excess bandwidth and computing resources with others to facilitate data delivery and video streaming. Many video streaming channels use this network to broadcast or capture live videos, including Samsung VR, Shout!, and Theta.tv, which belongs to this network. The main idea behind creating this network is to bring the benefits of blockchain to the video delivery industry, which is getting more popular these days. As a result, the speed and quality of video streaming will be improved. Furthermore, the developers can also use this blockchain to build decentralized apps (dApp).
More information and updates are available on Tetha network official website.
What is THETA ?
Two different tokens are available on the Theta Network; each uses for a purpose. The official token of this network is called THETA, which is a governance token. The users, called Validator or Guardian, can stake THETA to join the network. The THETA owners can use it to vote on the system projects and change regulations. The more tokens they stake; the more power they will have on the network. The ability to vote on such a network can attract or detract investors. Therefore, voters may contribute to the value of THETA in the future because they can promote the network's growth. The supply of THETA is limited to 1 billion tokens.
TFUEL is the other token on this network which is known as a “gas” token. It is used for operations like running smart contracts, validating transactions, or producing blocks. The Theta Network users who share their bandwidth and other resources for video streaming earn TFUEL as a reward. They can sell this token to others who may need it to do specific operations on the network, such as developers who want to publish a new application on this network. The others who want to share their video using this blockchain should also pay by TFUEL. Therefore, the TFUEL users are developers and video streamers or content creators.
Is Theta reliable
Theta blockchain uses a multi-level Byzantine Fault Tolerance (BFT) consensus alongside a Proof-of-Stake algorithm to secure the network. As a result, higher transaction is possible on the network without the concern of any hacks. Furthermore, since users can participate in governance activities, the network is secured by its own users.
The network tokens are also among the most secure tokens on the crypto market. However, you should always consider buying the coins from a trusted exchange and keep them in a secure wallet with a strong password. The security of your coins mainly depends on how you protect them. In the case of investment, consider using a hardware wallet to improve the security of your coins.
After you've bought THETA
THETA tokens are used on the Theta Network as a governance token. The owners can use this coin to vote or do different operations on this network. It should be mentioned that the governance tokens are usable only on their network. Therefore, THETA is not used as a payment method outside the Theta platform.
Meanwhile, most people consider buying cryptocurrency as an investment. THETA is one of the coins that most people would like to invest in. If you also want to buy THETA as an investment, it is better to consider some factors. First, if you are a beginner, start with a minimum investment so that if nothing goes as well as you thought, you will not lose much money. On the other hand, it is also advisable to decide when to pull out of your investment. Therefore, if the THETA price reaches that amount, you sell it and gain a profit. In the end, cryptocurrency investing is a risky business. Read more about whatever is happening in this world, such as THETA investors and participants. Then you will have a better chance of winning your investment.
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Other Methods of buying Theta
Where can I buy Theta
If there is any crypto ATM near you, it is possible to buy some coins with these machines and you should check to see whether it sells Theta or not. However, the process is not as simple as it seems. Furthermore, the ATM rates are somehow more than other methods.
You can buy Theta directly from another person over the web.
Crypto Exchanges are the safest places for buying Theta . You can use Blocktrade as a cheap, secure, and global exchange to buy THETA. You don’t need to pay any trading fee while using Blocktrade exchange. Sign up for free, create an account, and purchase THETA with a few clicks.
How to sell Theta
Sign up and verify your Blocktrade account
You’ll need a username, email address and a strong password to sign up on Blocktrade. Then, you'll be guided to verify your account.
Deposit THETA to your Blocktrade account
To sell Theta on Blocktrade, generate a deposit address and transfer the desired amount - just as simple as sending it to any Theta address.
Start selling Theta !
Once you deposited your Theta in your Blocktrade deposit address, you’ll be able to sell your THETA.
Frequently asked questions
THETA holders can use their coins to do different processes on the THETA network, such as voting on the system regulations or suggesting new projects.
The Theta Network was founded in 2018 by a computer science expert called Mitch Liu.
The cost of buying Theta can vary depending on where, how, and when you purchase it. Typically, the price is determined by supply and demand in the cryptocurrency market. The price can also be influenced by market sentiment and news about the cryptocurrency. To find the current price of THETA, you can either log in to our website and see the real-time price or check our Theta Calculator to see the price of Theta in your desired currency.
No one can predict the future of cryptocurrency because this market is very volatile and unpredictable. However, the probable future of THETA depends on how well video streaming on blockchain will perform. Video streaming is becoming more popular each day, so THETA might also have a bright future.
There are several options to buy THETA such as cryptocurrency exchanges, Peer-to-peer marketplaces, Theta brokers, etc. However, cryptocurrency exchanges are among the most popular ways to buy Theta for beginners. You can easily buy Theta without any buying fees from our exchange.
People can sell TFUEL or THETA FUEL to developers and people who want to share videos. However, since this coin is somehow a reward on this network, there might not be much need of buying it. Therefore, TFUEL is not a great coin for investment.
There is no right time to buy Theta , as the price is highly volatile and can fluctuate rapidly. Some experts believe that the best time to buy is when the price is low and predicted to rise, while others believe in buying and holding for the long term.
It is always recommended to do your own research, understand the risks, and have a clear investment strategy before buying Theta or any other cryptocurrency.