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How to buy Theta with Credit Card
Why investors buy Theta with Credit Card
These days, buying cryptocurrencies with a credit card has become more popular and important. Fortunately, with the presence of digital currency exchanges such as ours, there is no longer a problem to buy and sell various cryptocurrencies with a credit card. Perhaps the first piece of advice for beginners who intend to buy cryptocurrency is to try the methods of buying crypto assets with a credit card. In addition to the availability of credit cards for everyone, the lack of complexity and simplicity are other reasons to recommend this method for beginners. Other reasons could be:
- Speed; A credit card purchase can be completed in a matter of seconds.
- Security; Credit cards are also very secure because they are not connected to your personal assets.
- Rewards and Bonus; Some credit card companies let you earn points or cash back on cash advances, so rewards could also be a benefit.
Is THETA a good investment?
THETA coin was released in January 2018 with an initial price of $0.15. It didn’t have many fluctuations until 2020 when its price rose to $3.05. However, the surprise was still on the way, and THETA price reached its highest value of $15.90 in 2021. Although it wasn’t that profitable in the first years of its announcement, no one could have predicted that buying this coin would increase their wealth a hundredfold in three years. However, THETA's price started to fall and ended the year with a price of $4.85. The price of this coin continued to decrease in 2022 and went under $1.
THETA has experienced down days, up days and days that remained stable. This happens to every coin on the volatile market of cryptocurrency. But if you want to buy this coin, how can you ensure your investment will be profitable? First, you should know that no one can tell you if a coin will be profitable in the future. However, you can read THETA’s price predictions based on experts’ analysis, but still know they are just predictions and might not happen. On the other hand, these predictions can help you find the probable future of THETA. Most analysts believe that THETA might reach $5 by 2026. Others think THETA would be a risky long-term investment, and people should consider it a short-term investment.
Who can buy Theta with Credit Card
By owning a Credit Card, anyone who uses our exchange, whether they are new to it or a seasoned user, can profit from using their Credit Card as a payment method. Thanks to the use of a Credit Card payment method, the usability of our exchange has been further enhanced and our exchange users now have access to a wider variety of payment options.
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).
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.
How to buy THETA with Credit Card instantly?
Buying cryptocurrency using the Credit Card payment method on our exchange is simple and instant due to the speed of transactions. In order to use this payment method, you first need to have an account on our exchange website. From then, sign in to your account. Here, you will be able to see a list of digital coins available for your purchase. You should enter the amount of cryptocurrency tokens and charge your overall account funds by choosing the Credit Card method of payment, and at last, finalize your purchase.
Where can I buy THETA online with a Credit Card?
To make the purchase of cryptocurrencies more convenient for the users of our exchange, we offer the Credit Card payment service as an easy method of electronic payment service. By using the Credit Card method through our exchange, the operations of buying any cryptocurrency can occur very quickly. This speed of transactions is also because payment with a credit card eliminates the long verification step required by some other payment methods.
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 main advantages of using Credit Card as your initial method of cryptocurrency payments would be; fast deposit and withdrawal, high security, practicality, and ease of use.
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.
It may. When you use Credit Card, your creditor company may charge their own processing fee. Some exchanges might also add a credit card processing fee, but there are no buying and trading fees on our exchange.
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.
No. Credit Card is not a platform for trading crypto tokens. It is however a payment service integrated by our exchange so that our users can easily buy Bitcoin, Ethereum, stable coins, or other forms of cryptocurrencies.
