A 1.49% premium is included in the price of THETA, and the minimum order size is $1.50 or €1. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition. The easiest way to buy Theta is to purchase it online from a crypto exchange.
Users that pay with the Binance Coin token can get a 25% reduction on trading fees, while the maximum trading charge is set at 0.1%. Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. The broker’s user-friendly interface and simple layout is appealing to investors with no prior knowledge of crypto trading. To begin a trading journey on eToro, investors have to create an account.
Is Theta a Good Investment? – What Makes Theta Unique?
The architecture of the blockchain enables optimum functionality. The system can, for instance, retrieve streams from peering caching nodes. By using this strategy, video platforms can drastically cut their content delivery network expenses. Theta.tv is one of Theta Network’s most popular applications and a powerful example of the Network’s potential as a decentralised content distribution network. Theta Fuel token is the primary asset that aids gas payments to run the decentralised apps. Dapps on the Theta network need resources, namely processing power.
Even with the markets being down over 20% from their all-time-highs, most cryptocurrencies are still up over 100% year-to-date. Depending on whether you believe the market will continue to trend upward, this may be a great buy opportunity for you. To mitigate this risk, consider using a dedicated cryptocurrency wallet to store your assets. The two main types of crypto wallets are hardware and software wallets. Software wallets are computer programs that encrypt your cryptocurrency on your PC or mobile device.
The wallet is accessible for free via PC, and you can create a wallet in a matter of minutes. Upon generating a wallet, the program will show a recovery phrase. This recovery phrase can be used to access your crypto in case you lose access to your wallet, so make sure to keep your seed phrase somewhere safe. If you sign up for Binance in the U.S., you’ll need to verify your identity before you begin investing in cryptocurrency on its platform.
Binance supports trading Theta with THETA-BTC and THETA-USDT. While the USDT pair simulates investing with the U.S. dollar, the Bitcoin-Theta pair allows you to trade Theta token with Bitcoin. Storing your crypto assets on an exchange is never a good idea. Several crypto exchanges have been hacked in the past, as these platforms are large targets for cryptocurrency hackers. Since the exchange holds custody of all their investors’ funds, a security breach could lead to all of the cryptocurrency stored on the exchange being stolen.
The Bitpanda savings plan allows you to set up recurring THETA purchases. You can also spend your THETA with the Bitpanda Card, and keep up with Theta on the move through the Bitpanda mobile app. If you prefer to do your own analysis, though, you can check out the news, statistics, and research on Theta that is available on eToro. To ensure you don’t miss anything, you can add Theta to your watchlist and set up price alerts and notifications.
We work diligently to provide the lowest fees possible, and your entire transaction is completely transparent — meaning no surprise charges. You can easily exchange any portion of your Theta Network balance for another cryptocurrency of your choice. You can’t buy Theta on Coinbase as the token has not been listed on the platform. Coinbase regularly adds new tokens to its platform, so Theta may become available on Coinbase at some point in the future. Theta was founded by Mitch Liu, who also co-founded video advertising company Tapjoy, and Jieyi Long, who holds patents within the VR, streaming, and blockchain industries.
eToro: Easy to Use Platform
One reason Theta has garnered support is its groundbreaking technology. Its unique multi-level consensus mechanism is Byzantine Fault Tolerant and designed to have virtually no carbon footprint while it processes 1,000 transactions per second. The blockchain is also highly decentralised and resistant to censorship.
When ready to purchase, enter the desired THETA amount and select “Buy THETA”. Like many other regulated brokers, Binance requires that investors verify their identity before commencing their purchase. FTX Exchange WebsiteFTX implements two-factor authentication protocol for security when signing up for a new account. Additional security features include sub-accounts with configurable permissions, withdrawal address and IP whitelisting, and Chain analysis to monitor any suspicious activity. Also, this exceptional broker maintains its own insurance fund. All these security integrations are by standard requirements.
However, unlike many smart contract-enabled blockchains, Theta already has a working ecosystem and users on its platform. THETA.tv is a decentralized application on Theta’s blockchain that allows users to stream content without a centralized 3rd-party platform. Kriptomat customers are able to purchase Theta Network for cash with either a credit or debit card. Card transactions also provide an instant solution to get you into the cryptocurrency game immediately – no waiting for funds to settle. You can buy Theta from any of the platforms reviewed in this guide.
Binance WebsiteBinance deposits come with a fee that varies based on the payment method used. For instance, the global exchange charges a standard fee of up to 4.50% for all deposits made with a debit/credit card. Although Binance features a user-friendly interface that facilitates a great user experience, it is more suited for well-experienced traders.
Ways to Invest in Theta
If you opt for the buy and hold option, you will likely wait a long time before you sell. Meanwhile, if you use a trading strategy, you may be looking for a particular signal from a technical indicator to tell you when to sell. The price of Theta is affected by a great number of factors, many of which have been discussed in the previous section. Project news and developments can have an impact on Theta’s price, as well as the rest of the crypto market and the wider economy.
KuCoin is one of the world’s oldest and most popular crypto exchanges. The Seychelles-based broker is one of the most notable names in the market for traders who desire access to derivatives products to speculate in the market. Trading altcoins against Bitcoin is a great way to gauge your performance against the cryptocurrency market. Established in 2013,Huobi Globalhas since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion.
Bitsgap Review: Cryptocurrency Trading, Arbitrage, Signals & Trading Bots
You have a few different options, but our top recommendation is eToro. This is because it is a reliable, regulated platform with unique features and competitive fees. You can see how easy it is to buy Theta on eToro from the step-by-step guide above. PayPal is a fast and safe payment method but is less widely accepted by crypto platforms, especially in the UK. You can use PayPal to make a deposit on eToro without any fees.
Our price charts and indicators make it easy to analyze the price of THETA if you want to follow a strategy. You can also set up an alert to be notified when THETA reaches a specific price. Whenever you’re ready, we’ll make the buying process fast and simple.
Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. Everyone must of course make this decision for themselves, based on their own personal finances and investment strategy. At Kriptomat, we simply provide the tools needed to make joining the world of Theta Network and cryptocurrencies as simple and safe as possible.
Instant Credit/Debit Card Purchasing
Holders will vote on the best project while formulating development plans. The token holders can cast a vote depending on how many tokens they own. Aims to lead the way in streaming and entertainment technology. They intend to accomplish this by using P2P (peer-to-peer) bandwidth resource sharing. This article will highlight how and where to buy this crypto coin and also dive into the project itself.
Unlike most platforms that offer Theta, Bitpanda is multi-asset, meaning users can invest in stocks, ETFs, crypto indices, and metals, as well as over 200 other cryptocurrencies. You can even swap directly between different types of assets. Theta users have access to a global data delivery and video content base. This open-source project offers peer-to-peer streaming, esports, music, TV/movies, education, enterprise conferencing, and more.
Skilling is fully licensed and regulated, keeping funds and personal information secure. There is also customer support available Monday to Friday via phone, email, or live chat. In addition to Theta, users can trade CFDs on more than 6,000 assets, including 477 other cryptocurrency pairs, stocks, commodities, forex, and indices. Trading CFDs is high risk, but Capital.com provides a demo account for practice, as well as risk management tools such as negative balance protection. Binance is the best place to buy THETA if you want to avoid spending money on fees.