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How to buy Theta with Bank Transfer

Why investors buy Theta with Bank Transfer

SEPA or Single Euro Payments Area is a bank transfer payment system created by the European Union. It is a system that allows cross-border payments in Euros within the Euro-zone. European Union and neighboring country residents frequently use SEPA to send and receive payments using the funds in their bank accounts. A trustworthy framework for quick and affordable money transfers is provided by this network. A business must adhere to stringent guidelines and meet the highest security standards in order to offer SEPA wire transfers. Using SEPA bank transfers, you can buy cryptocurrency at our exchange and deposit and withdraw EUR easily. Offering payment options via bank transfer or SEPA would have the following main benefits:

  • Instant payments are one option provided by the SEPA payment system. Weekends and holidays are not excluded from the SEPA Instant transfer schedule.
  • High security because every transfer has to be cleared by several banks on its way to the exchange.
  • No deposit fees, high buying limits
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Is THETA a good investment?

SEPA or Single Euro Payments Area is a bank transfer payment system created by the European Union. It is a system that allows cross-border payments in Euros within the Euro-zone. European Union and neighboring country residents frequently use SEPA to send and receive payments using the funds in their bank accounts. A trustworthy framework for quick and affordable money transfers is provided by this network. A business must adhere to stringent guidelines and meet the highest security standards in order to offer SEPA wire transfers. Using SEPA bank transfers, you can buy cryptocurrency at our exchange and deposit and withdraw EUR easily. Offering payment options via bank transfer or SEPA would have the following main benefits:

  • Instant payments are one option provided by the SEPA payment system. Weekends and holidays are not excluded from the SEPA Instant transfer schedule.
  • High security because every transfer has to be cleared by several banks on its way to the exchange.
  • No deposit fees, high buying limits
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Who can buy Theta with Bank Transfer

Citizens living in a Eurozone location are able to open a bank account and use SEPA. If you are based in a non-Eurozone country, you can easily check which banks offer SEPA if you want to make this type of transfer. You can purchase any kind of cryptocurrency directly into your personal wallet without making any initial deposits by using our exchange to perform a straightforward SEPA transfer with your bank account.

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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.

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How to buy THETA with Bank Transfer instantly?

SEPA is a way to make European cross-border payments simpler, cheaper, and faster. It is one of the most cost-effective and convenient ways to transfer money within the EEA. As the ease of use and clear navigation that come with using SEPA/bank transfer as the initial payment method may appeal to users, buying cryptocurrency with SEPA is likely the best option to purchase crypto assets in Europe instantly.

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Where can I buy THETA online with a Bank Transfer?

If you prefer simple and secure crypto trading, SEPA/bank transfer would be your ideal method. Our exchange offers SEPA/bank transfer as a payment solution to give its users more options to buy cryptocurrencies easily. You must first log into your account on Blocktrade.com in order to use SEPA/bank transfer payment on our exchange. Then, after entering the number of cryptocurrencies you need to buy and choosing to charge up your account balance using SEPA/bank transfer, finish your cryptocurrency purchase.

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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. 

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FAQ

Frequently asked questions

THETA is available on most exchanges. You can easily find a trusted and user-friendly exchange, like Blocktrade, to buy this coin. BlockTrade is also one of the most cost-effective exchanges because you don’t have to pay any extra amount as the processing fee on this exchange. Therefore, your purchase will be cheaper.

Some of the greatest advantages of this payment method include: Simplified payments handling, Reduced processing costs, Reduced bank charges, Quick payments, and Easier cross-border transfers.

Generally, since THETA can be used on the network as a governance token, it can impact the value and future of the network. According to crypto experts, THETA is a better investment than TFUEL.

There are no fees associated with this method initially. But note that SEPA trades crypto by Euro fiat currency, so if you insist on trading with other currencies using this method might require extra fees. Also, there are zero exchange fees for your crypto-trading through 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.

SEPA compatible areas consist of EEA (European Economic Area) countries, the United Kingdom, Switzerland, Andorra, Gibraltar, San Marino, and Vatican City.

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