What is THETA
THETA is a blockchain based network that was launched in March 2019 and operates similarly to a decentralized P2P Peer-to-Peer system.
Justin Kan co-founded Twitch and Steve Chen founded YouTube.
Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network. The project counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators & consulting firm called Guardian Network.
Developers are saying that Content Creators are being denied their rights in the centralized industry. The project aims to shake up video streaming, getting it out of providers’ hands at a lower cost.
Where and How To Buy Theta In The UK
- Sign up to an exchange which trades Theta
- Fund it with cryptocurrency
- Trade your crypto for Theta
Sign up to an Exchange
We recommend Binance? This for a number of reasons
Binance is one of the most popular cryptocurrency exchanges in the world. It is one of the fastest and easiest to use exchange with a clean interface.
Binance is a cryptocurrency exchange which was founded in 2017 by Changpeng Zhao and Yi He. It provides an easy-to-use interface for users to buy & sell cryptocurrencies. It has an easy integration with crypto wallets like Coinbase and offers trading pairs like, Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) and Tether (USDT).
This exchange offers a variety of trading tools such as order books, charts, analytics and more. Another great thing about this exchange is that it boasts an incredibly low trading fee – it’s 0.1%.
Binance is a leading name in the field of cryptocurrency, a place where investors can buy and sell a variety of digital currencies. They have many features that make it easier to use, such as the ability to create your own coin or token, or its own initial coin offering (ICO) exchange.
The positives of Binanace are many including the ability to start trading with little effort and without having to open an account with them first, but they also have their share of negatives which includes not being able to deposit certain coins or tokens without buying them first on Binance’s marketplaces.
What other advantages does it have? Most importantly, binance delivers a fine user experience that keeps its customers happy. There are many positive aspects about using Binance for your crypto trading needs. One would be their low fees; another would be their fast deposits and withdrawals
Fund your Binance account
Now you need to transfer BTC in order to trade Theta with it.
It’s really easy to buy BTC with your debit card on binance.
You can transfer your funds from your bank account or use our other options to make the process easier for you.
You can also setup recurring orders! which is another great option for Binance which other platforms don’t offer. In order to make it easier for customers to set up recurring orders on Binance, the company released an official guideline which makes it clear.
Trade your BTC for Theta
We now need to get into our trading section of the guide.
To do this follow the above picture and click on Classic!
Now we have to find the correct pair BTC/Theta
Now type Theta in the top corner like I did.
If you are new to the market, the stock market can be a confusing place. Let’s break down some of the most basic terms you need to know in order to get started.
– Market order: this order type is executed immediately. This means that your trade will execute as soon as possible and the price of the trade will not change.
– Limit order: this order type is put in place so that your trade executes for a specific price and does not execute until it reaches that specified price.
Is THETA a good investment
Yes it has huge potential to have massive gains of 140% in the next bull market
Theta’s main goal is to decentralize video streaming, data delivery, and edge computing. Doing so will make these activities more efficient, cost-effective and fair for industry participants.
You may not be fully aware of the workings of the network due to its focus on privacy, but this blockchain runs with two native tokens, THETA & TFUEL. The latter provides for an internal economy in which content has value depending on how long it’s seen & who’s watching it.
Many content creators see this as an opportunity, with their profit margins potentially increasing by 50% or more. And for streaming platforms, the cost associated with building infrastructure is reduced by around 80%.
Network users can watch and share network content for this reason, given that these actions lead to rewards in the form of TFUEL tokens.
The platform is open source and token holders have some governance powers.
In addition to video, data and computing, Theta caters to developers looking to launch decentralized applications on its fully featured EVM-compatible Smart contract platform.
How do I buy THETA tokens UK?
Trade Theta on Binance using your credit card or debit card
- The first step is to sign up for an account on Binance – go here to do so.
- Here’s how to do that: Access Binance.com on your computer and login with the details you would like to use for verifying your account.
- Use a credit or debit card to buy Theta
Will THETA go up in price
THETA is a great long-term investment according to the WalletInvestor Forecast System. THETA can be a profitable investment option if you’re looking for virtual currencies with high potential for growth. Check out our latest THETA price right now! At 7.49 USD, the THETA tokens will be worth $130 after just 1 day if you buy them today.