How To Buy Theta Token (THETA)- A Step-By-Step Guide For You!
Theta, the next evolution in streaming technology, establishes a decentralized peer-to-peer network that enables better video distribution at more affordable prices. Read more about How to buy Theta token here.
The only end-to-end infrastructure for decentralized video streaming and delivery that offers both technological and financial answers is the Theta blockchain. An innovative native blockchain, driven by users.
In June 2021, Theta Network released non-fungible tokens to its product catalog, such as trading cards of worldwide superstars.
This ground-breaking platform offers the streaming industry both technical and financial answers to its issues.
Contents
How To Buy Theta Token- An Overview
As a result, the Theta blockchain was created to encourage network-wide bandwidth sharing. Viewers are now encouraged to engage in the network by receiving rewards for contributing extra bandwidth and resources.
Theta Blockchain is a blockchain that was specifically created with the media and entertainment sector in mind.
Enterprise Validator Nodes on Theta is currently operated by Google, Blockchain Ventures, Samsung, Sony Europe, Binance, Gumi Cryptos, Creative Artists Agency, and Theta Labs, with the participation of more significant businesses.
The Theta Blockchain has a low carbon footprint, can handle 1,000 transactions per second and is extremely decentralized.
The decentralized platform and blockchain technology are expected to disrupt the following areas:
- Industry for streaming video content.
- Live performances and ticketing websites.
- Movie studios and production companies.
- Local sports team.
- Hosts for websites and online information.
- Platform developments in the metaverse.
What Is Theta?
The money driving the Theta Network is called Theta, and anyone interested in becoming a verifier or guardian node can stake it.
Theta coins serve as the Theta network’s governance token. They provide users with a wide range of features.
With the help of this token, you can invest as a Validator or Guardian node, generate blocks, and take part in protocol governance. There are only 1 billion Theta tokens in existence.
Theta has two native cryptocurrencies: TFUEL for carrying out transactions and THETA currency for voting on protocol updates.
What Is Needed To Buy The Theta token?
- You will require a trading account with any cryptocurrency exchange platform.
- If you use another cryptocurrency to gain a Theta token, then you must build a wallet that supports the Theta Network.
- Then purchase the cryptocurrency, and finally use that cryptocurrency to purchase the Theta token on the platform of your choice.
How To Buy A Theta token?
Step 1: Open an online account
Create a new account on any leading cryptocurrency platform. Register for a free account by going to their official website.
When prompted, enter your personal information and confirm it with your identification documents.
Step 2: Buy a wallet
Purchase a wallet of your choice and deposit money. Users from the US and the UK can sign up and use the platform with just a $10 deposit.
Find Theta – Choose the page for the asset class (stocks, cryptocurrencies, commodities, etc.) you want to trade or invest in, then type “Theta” into the search box. Alternatively, enter it in the search box at the top.
Step 3: Make Purchase
Make a purchase – Click “Trade” after reviewing the price chart on the “Buy Theta” page and deciding that you are ready to buy.
To place an order, set the value you want to put into Theta and select “Open Trade.”
Is Theta A Good Investment?
The price of the Theta cryptocurrency token has stabilized since it fell in May, including the rest of the crypto markets, and it is now aiming to break out of its latest trading range.
After the beginning of the year, the price of the token decreased by more than 70%, but since the May fall, it has steadied between $1 and $1.50.
According to many analysts, Theta’s value will increase dramatically in the upcoming years because of the following reasons:
1. High Blockchain Productivity
With the mean transaction time of approximately 3 seconds and the ability to process 1,000 transactions per second, the Theta blockchain is very effective. That will inevitably attract potential developers to it.
2. Global Video Streaming Market Expansion
In the upcoming years, it is expected that the global market for video streaming will continue to expand enormously. The need for a high-quality video streaming platform without restrictions will only grow as barrier-free video streaming platforms become more and more in demand as video streaming platforms like YouTube continue to erect obstacles in the way of content creators. Theta can fill the gap in that situation by stepping in.
3. High-profile Collaborations
Theta has formed a number of well-known collaborations, all of which contribute to raising its visibility in the cryptocurrency industry. The cooperation with Google, the world’s largest search engine company’s initial foray into cryptocurrencies, is the most well-known of these. The past year has seen phenomenal growth for Theta.
It is crucial to conduct your own research on a coin or token to see if it is a fine fit for your investment portfolio in the very volatile world of cryptocurrencies.
The value of cryptocurrencies is at considerable risk. Your level of risk tolerance and the amount you plan to invest will determine if THETA is a good investment for you.
Remember that past results do not guarantee future success. Never invest money that you can’t afford to lose, either.
How To Trade/Sell Theta?
The THETA trading pairs with Bitcoin (BTC) or Tether are by far the most popular ones (USDT).
Therefore, if you intend to purchase THETA, you will need to have some BTC or USDT in your trading account. If you don’t have enough, deposit it.
You must have some THETA in your trading account if you plan to sell any.
You may begin trading THETA as soon as you have completed the registration process and deposited your THETA, BTC, or USDT.
Buying:
✔ You will need to make a market order if you would like your order to be filled right away.
✔ All you have to do is specify how many THETA tokens you want to buy.
✔ As long as you have enough BTC in your account to fund your purchases, you will pay whatever the lowest ask price in the order form is when the buy market order is executed.
✔ Use market orders with caution, since the bid-ask spread can be greater than you expect. The actual price you pay could be significantly higher than the most recent traded price, particularly when market uncertainty is high and liquidity is low.
Selling:
✔ When you carry out a sell market order, you need to sell the stated number of Theta tokens at the highest order book bid price up until all of those Theta tokens have been sold. As a result, your sell order will be fulfilled right away.
✔ Again, using sell market orders requires caution. Particularly when market volatility is high and liquidity is low, the price you actually receive may be significantly lower than the price at which it was last traded.
Trading:
✔ Once you Select a Cryptocurrency Exchange and have Deposited funds, you must Pick a Trading Strategy. Most crypto trade methods essentially entail speculating on the price movements of your chosen currency. You are set to start trading now!
Where To Buy Theta?
1. Crypto.com
The purchase of THETA from Crypto is quite simple. Crypto.com may be the ideal option for you if you’re searching for an affordable and user-friendly cryptocurrency exchange.
Staking Crypto.com’s proprietary cryptocurrency, CRO, on the platform enables you to gain superior advantages.
💡 How To Buy Theta Token Note: Theta was listed on the site in September 2019.
Crypto.com has undoubtedly benefited from its recent Visa card offering, which has made it stand out from the competition. Users can use the Visa card’s innovative service to store their bitcoins while continuing to use fiat currency for purchases.
It can be used like an ATM card to withdraw any saved cryptocurrencies.
To Purchase Theta On crypto.com, Follow These Steps:
Step 1:
Link your DeFi Wallet account to your Crypto.com App account:
a) Choose the Wallet for the coin you wish to purchase.
b) Link your Crypto.com App account to the wallet.
c) Make sure you’ve linked the credit or debit card you want to use for your transaction in the Crypto.com App.
Step 2:
From the bottom navigation bar, select the ‘Buy’ tab to learn more about Theta Token.
Step 3:
In the Top Coins area, select the Theta Token you wish to buy, or click the ‘Buy Now’ option.
Step 4:
Enter the purchase amount and choose your credit/debit card.
Step 5:
You’ll have 15 seconds to double-check the information and confirm your purchase.
Step 6:
Enter the passcode for your Crypto.com App account.
Step 8:
Once you get the Theta token, the order status will change to ‘Completed.’
2. Binance
By trading volume, Binance is one of the biggest cryptocurrency exchanges and the largest online cryptocurrency exchange in the world.
The exchange is simple to use and provides a variety of trading platforms depending on the users.
For buying Theta and a long list of the most discounted cryptocurrencies, more than 100 million consumers rely on Binance.
Currently, there are several ways to pay on Binance, including bank transfers, debit or credit cards, peer-to-peer trading, and third-party payments.
On Binance, users can buy, sell, and trade some of the most well-known cryptocurrencies, including Bitcoin, Dogecoin, Ethereum, USD Tether, Litecoin, MATIC Network, and more.
To Purchase Theta On Binance, Follow These Steps:
Step 1:
Create a free account on the Binance website or the app.
Step 2:
Choose how you want to purchase the Theta Network (THETA) asset.
A. Credit/Debit Card
B. Bank Deposit
C. P2P Trading
D. Third Party Payment
Step 3:
Create a free account on the Binance website or the mobile app.
Step 4:
Store or use your Theta Network (THETA) in Binance.
Once you’ve purchased your cryptocurrency, you may either hold it in your Binance account or save it in your own cryptocurrency wallet. For additional passive revenue, you may sell it for other cryptocurrencies or stake it on Binance Earn.
eToro
It has actively participated in effectively innovating the bitcoin and other commodity investing markets.
It ranks as one of the biggest and most well-known cryptocurrency networks with more than 27 million members in more than 140 nations.
The platform eToro is renowned for being user and beginner friendly with a simple-to-use interface.
Before investing their own money, investors can practice their strategies on the $100,000 virtual trading account.
You may start investing with as little as $10, and the eToro platform makes it easy for you to acquire Theta because there is no commission and no cost for insurance.
Theta coin is one of more than 70 cryptocurrencies offered on eToro.
To Purchase Theta On eToro, Follow These Steps:
Step 1:
Open a free account on the official eToro website, When asked, enter your personal information and confirm it with your identification papers.
Step 2:
Make a deposit. Deposits made in USD are free at eToro.
Step 3:
Look for the Theta – Search for “Theta” on the website for the applicable cryptocurrency that you wish to trade or invest in. Alternatively, enter it in the search box at the top.
Step 4:
When you are ready to buy, click “Trade” on the Theta page after reviewing the price chart. To place an order, enter the amount you want to put into Theta and choose “Open Trade.”
Huobi
Theta is one of the more than 350 cryptocurrencies that Huobi offers. It was established in 2013.
Similar to Crypto.com, Huobi enables users to stake their coins in order to earn interest.
Huobi was founded in China in 2013. When China’s government started to crack down on cryptocurrencies, Huobi moved its headquarters to Singapore and then to Seychelles.
The site has rather modest fees for trading cryptocurrencies, however, there are significant fees for making deposits with a debit or credit card. The perfect security measures are in place, allowing users to trade without worry.
To purchase Theta on Huobi, Follow These Steps:
Step 1:
Click ‘Buy Crypto’ in the header to get to Huobi’s ‘Quick Buy or Sell’ page.
Step 2:
In the ‘Buy’ area, choose the fiat currency and cryptocurrency you wish to purchase. Input the fiat or cryptocurrency amount you want to exchange, choose ‘Wallet Balance’ as the payment method, then click ‘Buy BTC.’
Step 3:
If you have a fiat balance in your Exchange Wallet, you must click ‘Confirm’ to transfer the fiat amount you want to exchange to your Fiat Wallet; if you have enough fiat balance in your Fiat Wallet, you will be sent immediately to the page in Step 4.
Step 4:
Please check the information in the window, including the cryptocurrency, price, amount paid, and cryptocurrency received. When you’re satisfied with the quote, click ‘Confirm.’
Theta Token Price Prediction 2025, 2030
Theta Price Prediction 2025
Analysts predicted that Theta’s price will reach a maximum of $5.52 by the end of 2025. On the other side, it is very likely that the Theta Network will eventually expand.
Therefore, depending on the market, it is expected that Theta’s average price in 2025 will range from $4.80 to $4.94.
💡 How To Buy Theta Token Note: The Theta’s maximum price for 2025 ranges from $4.80 to $5.52.
Theta Price Prediction 2030
There are a few advantages for the industry that the native token provides. The independence of the digital economy makes it ideal.
The network provides competitive programmable payment, logistic, and storage alternatives as DAPPs and stable coins grow.
If additional investors are drawn to the concept, Theta’s average price may increase to roughly $33.54 by 2030.
💡 How To Buy Theta Token Note: In 2030, the price can end the year at a maximum of $38.12 and a minimum of $32.41.
Final Verdict On How To Buy Theta Token
Theta seems to fill a significant gap in the market. As a result, there is a rising market demand for this token.
Theta would be a wise investment. Due to their extreme volatility, cryptocurrency investments should only make up a tiny fraction of your portfolio.
The Theta project has a fantastic roadmap that is chock-full of valuable features for its members. According to the specifications in their whitepaper, the project will be a game changer as we go into WEB 3.0.
Theta’s previous success is linked to the emotion of the cryptocurrency market. The coin experienced an all-time high in the bull market of 2021 before suffering a more than 80% loss in the bear market of 2022. Theta will experience a bull run that is highly profitable with no chance of a market crash.
Before investing in financial markets to trade cryptocurrencies, always do your homework.
Also, a solid suggestion for investing in Theta token is to wait for market drops before making significant bets.
Frequently Asked Questions on How To Buy Theta Token
That is due to –
a) High Efficiency of the Blockchain
b) Growth of the Global Video Streaming Market
c) High Profile Partnerships
A threshold of 1000 theta tokens is required to stake theta. This may take some time to accumulate since it would cost about $7k at the present price. You can stake your tokens using the Theta web wallet if you have the necessary 1000 tokens. You may use up to 10,000 tokens for this.
Theta was launched in 2017 by Jieyi Long, who had worked previously on VR live streaming technology, and Mitch Liu, who led firms in mobile gaming and online advertising.
It was launched in March 2019.
It has 9 patents to date.
