The most common way to buy Theta Fuel is usually through the most popular exchanges and platforms that can be used. Although, almost all of them have a similar operation. It is essential to register and make a transfer or link a card in order to be able to buy Theta Fuel. Once you log in to the platform, just choose the cryptocurrency you are interested in and proceed to buy it with the exchange rate you have at that precise moment.
Where to buy Theta Fuel
To buy Theta Fuel, the best option is to use the Binance platform. Although there are other exchanges where you can also buy theta fuel, Binance offers the best options and the largest variety of cryptocurrencies.Â
If you don’t have an account with Binance, you can create one here. Now I leave you with a video, so you can see how to buy theta fuel in the best and easiest way, step by step, so you don’t have any doubts.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
Step by Step
To buy theta fuel, the first thing you need to do is to log in to your Binance account, deposit your funds, either Euro, USD or another currency.Â
Once you have funds in your account, go to markets, and select your currency pair against USDT (Tether). You will then be able to buy Theta fuel. Once you choose the pair, you have to go to sell, and indicate the amount you want to exchange your currency for USDT, and then buy Theta fuel.Â
With the USDT bought, you can go back to the main menu to see that you already have them in your account and the order has been executed. Go back to the market, and look for the TFUEL/USDT pair, and click on it.Â
Here, you will see again the same buy and sell panel, where you have to go to buy, to exchange your USDT for the amount of THETA FUEL you want. Once you have chosen the amount, click on buy and you will have it.
If you go back to the dashboard, you can see your amount of Theta Fuel you have. Now, you can keep it in Binance to sell it whenever you want, or take it to a wallet for more security.Â
The most popular digital wallet is Metamask, where you can withdraw your Theta Fuel from Binance to keep it in Metamask for added security. You can also use them in DEFI exchanges.
If you follow these steps, you can have TFUEL in less than 5 minutes. Sign up with Binance today so you don’t miss your chance.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
What is Theta Fuel (TFUEL)?
Theta fuel is a native token of the theta platform, where its main token is theta token. So, let’s see what is theta token as well and its platform to understand how it works.
Theta blockchain is a decentralized video distribution network and cryptocurrency. This innovative platform offers both technical and economic solutions to the problems facing the streaming industry. As such, Theta’s blockchain was designed to incentivize bandwidth sharing on the network. Specifically, users have the opportunity to contribute their excess bandwidth and computing resources in exchange for rewards in the form of tokens.
Theta’s developers intend to address several challenges facing the video streaming industry today through a new and innovative blockchain. In particular, the platform design eliminates the bottleneck of traditional content delivery pipelines. This problem is known to practitioners as the “last mile” problem. It is a major concern for high-resolution, high bitrate 4k, 8k and next-generation streaming platforms.
Advantages of Theta Blockchain
Theta users enjoy access to a global infrastructure for the delivery of video content and data. This open source project offers e-sports, music, TV/movies, education, enterprise conferencing, peer-to-peer streaming and much more. In addition, the decentralized nature of the platform ensures that Theta is user-driven.
How does Theta Blockchain work?
Theta is a decentralized video distribution network that is ERC-20 compliant. This categorization means that Theta users can use the Ethereum ecosystem to simplify their crypto experience. Ethereum is the world’s largest Dapp ecosystem and ERC-20 tokens enjoy a huge variety of wallets, DEXs and games. Theta leverages the security and efficiency of Ethereum and combines it with several proprietary technologies to improve the quality of stream delivery.
The Theta blockchain
Theta blockchain is the only end-to-end infrastructure for decentralized video streaming and delivery at this time. The blockchain design allows for maximum functionality in this regard. For example, the system can pull streams from caching nodes. This approach allows video platforms to significantly reduce content delivery network (CDN) costs.
Theta tokens
Theta tokens are the governing token of the Theta network. They provide users with a number of functionalities. This token is the one used to bet as a Validator or Guardian node, to produce blocks and to participate in the governance of the protocol. There are currently 1,000,000,000,000 Theta tokens in circulation. Interestingly, this is also the total amount of tokens the platform intends to issue.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
