Theta is a kind of YouTube on the blockchain. The platform is decentralized and transparent in nature. All this allows all participants to get the advantages that are not available on traditional centralized analogs. Find out how to buy THETA the most profitable.
- Theta is a decentralized analog of YouTube.
- The project allows all participants of video streaming to get the best possible experience.
- With Fiatom, you can find the best rate to buy Theta.
What is Theta?
Theta is a decentralized platform for hosting, distributing, and promoting video content. Theta developers have as their primary goal to provide a better user experience for content consumers, as well as to allow content creators to gain more freedom and profit. Video platforms host videos, video authors, and users can connect to the Theta network. For example, viewers receive high-quality streams, regardless of their location. In addition, viewers can share their computing resources and be rewarded with a Theta Fuel token (TFUEL). Content providers, in turn, receive more revenue from their activities, thanks to the exclusion of centralized content delivery networks from the equation. And video platforms reduce the cost of expensive video hosting equipment and marketing. The platform was founded in 2018 by Mitchell Liu (CEO) and Jieyi Long (CTO). To date, the project team includes more than 20 people. In addition, the project’s potential was appreciated by representatives of companies such as YouTube, Twitch, Sony, and others, and they became Theta advisors. Theta has extensive partnerships with global companies such as Metro Golden Mayer, Lionsgate, Katy Perry, NASA, etc.
The Theta network utilizes the Proof of Stake consensus mechanism and provides three types of nodes: Guardian, Validators, and Edge Nodes. Guardian nodes, as the name implies, are responsible for network security. Edge nodes allow users to relay video content on the network. And validator nodes perform the function of creating new blocks in the chain. Such well-known companies as Google, Samsung, Sony, Binance, and others were involved as validators.
The Theta platform has excellent prospects as it provides real-world use cases. The project began to rapidly gain popularity at the end of 2020. In the period from late December 2020 to mid-April 2021, the price of THETA snowballed. THETA soared in price from $0.9 to $15, where the all-time high was recorded. Following Bitcoin, the price of THETA has fallen, and now the coin is trading at about $3.
Best crypto exchanges
Given the popularity of THETA, you can freely buy or sell it on most of the top crypto trading platforms. However, each platform provides its conditions: fees, exchange rate, trading pairs, etc. Below we will give an example of the best services for buying THETA:
Binance crypto exchange was founded in 2017 and has become the most popular trading platform among traders. Binance provides profitable trading fees, a wide selection of cryptocurrencies and trading pairs, as well as a fiat gateway. In addition, with the help of Binance, you will be able to sell or buy THETA without intermediaries using Binance P2P.
The best for all-inclusive features.
Guardarian is an intuitive and secure trading platform. Users have access to more than 250 cryptocurrencies for purchase, as well as more than 45 fiat currencies. In addition, the service has a wide range of payment methods.
The best for user-friendliness.
Bifinity is a secure and functional fiat-to-crypto gateway launched by the Binance crypto exchange. The service supports more than 50 cryptocurrencies for buying and selling. In addition, Bifinity supports major payment methods and low fees.
The best for security.
Bifinity was recently launched, so there is no Trustpilot Rating.
Uphold is a reliable and easy-to-use service that allows users not only to buy and sell cryptocurrency but also to safely store, send, and trade it in Uphold wallet. The service supports more than 115 cryptocurrencies and major payment methods.
The best for ease of use.
Crypto.com is a reputable trading platform with a solid trading volume and high capitalization. The platform supports more than 250 cryptocurrencies for trading, buying/selling, storing, and tracking. In addition, Crypto.com provides some of the most profitable rates.
The best for multifunctionality.
How to buy Theta?
You can buy Theta cryptocurrency on any platform that provides a fiat gateway. In order to find the most favorable rate for the purchase of Theta, you can use Fiatom. Our service is absolutely free and allows users to find the best offer in a matter of seconds:
- Choose a fiat currency.
- Enter the purchase amount.
- Select THETA from the list of cryptocurrencies.
- Choose the best offer.
- You will be redirected to the processing page of the selected provider.
- Provide the necessary information for the purchase.
- Get THETA.
To sell THETA:
- Choose Theta for sale.
- Choose a fiat currency.
- Specify the amount.
- Choose the best offer.
- Proceed with the payment on our partner’s website.
- Get a fiat currency.
The Theta platform is the best example of the Web 3.0 application, a new generation of the network. Theta opens up great opportunities for both video content creators, video platforms, and viewers. Buying Theta is a great way to diversify your crypto portfolio with one of the most popular and potentially profitable assets.