Buy Theta
in Finland

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.

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).

Yes. According to the Bulletin by Bank of Finland, cryptocurrencies refer to virtual mediums of
exchange, which are transferred from one holder to another without the use of a centralized
ledger. They are viewed as speculative assets. According to the definition of cryptocurrency by
the Finnish Tax Administration, cryptocurrencies are considered a type of personal asset that
can be traded freely on the open market and can be electronically transferred, saved, and
exchanged.

Yes. According to the Finnish Tax Administration (Vero Skatt), you are subject to tax if the
amount of your crypto transactions exceeds €1000. According to the mentioned reference,
cryptocurrency investments can be subject to two tax formats: Capital Gains Tax and Income
Tax. Profits from exchanging or selling cryptocurrency are considered capital income and are
therefore taxed as Capital Gains Tax. Capital gains are subject to a 30% tax rate on the amount
up to €30,000, and a 34% tax rate for any amount exceeding this.
As for the Income Tax rule, in accordance with the same above-mentioned reference, every
Finnish taxpayer is taxed on their income. This means if you have earned crypto for some form
of work or effort, you need to pay typical income taxes which ranges from 6% to 31.25%
depending on your total income amount.

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.

Anyone can buy cryptocurrency in Finland. The easiest method to buy crypto assets in Finland
is through a cryptocurrency exchange. Finland offers access to a number of payment services:
Among all, Apple pay, Google pay, Credit Card, Debit Card, Bank Transfer and PayPal are
some of the popular ones. Our exchange presents fast and secure transactions through these
commonly preferred services and is free of charge for your different crypto transactions in
Finland.