Table of Contents
1. Choose a crypto exchange
First things first, you need an exchange that both has Theta, and is trustworthy!
You can find our top 3 exchanges for buying Theta here, alternatively you can also check our comparison of the best Australian crypto exchanges if you’re generally interested in seeing which exchanges work for Australians.
2. Sign up with the crypto exchange
Once you’ve chosen your crypto exchange, it’s just a matter of signing up and getting your account verified. Most exchanges have streamlined this process very well so it shouldn’t take long.
3. Fund your account
The next step is to transfer AUD or another cryptocurrency into your account. Most top crypto exchanges offer various payment methods. From bank transfer to PayID, POLi pay and credit cards, it’s very straightforward.
4. Buy Theta
And of course, the final step is to find Theta on the exchange and buy it. A lot of exchanges offer different ways of buying cryptocurrencies, like market orders and limit orders.
Where to Buy Theta (THETA)
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How to Sell Theta
- Sign into the exchange
- Find where you stored your Theta, either on a hardware wallet or on the exchange.
- Transfer your Theta to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
- Sell Theta.
Considerations when looking to buy Theta.
Theta (THETA), a blockchain-powered network, is designed for video streaming. Theta (THETA) was launched in March 2019. It is a blockchain-powered network that allows users to share bandwidth and computing resources in a peer-to–peer (P2P), model.
Theta has its own native cryptocurrency token, THETA. It performs various governance tasks within Theta and includes Google, Binance and Blockchain ventures as Enterprise validators. There is also a Guardian network with thousands of community-run guardian nosdes.
Developers claim that the project will shake up the video streaming industry as it exists today. End users are often left disappointed by the lack of centralization, poor infrastructure, and high costs. End users also make less money than content creators due to the distance between them and their customers.
Theta's primary business concept is to decentralize data delivery, video streaming and edge computing. This will make it more efficient, fair, and cost-effective for all industry participants.
The network is run on a native blockchain with two native tokens known as Theta Fuel and Theta Fuel (TFUEL) which power the internal economy.
Theta's appeal lies in three ways: Theta viewers are rewarded with better streaming services, content creators increase their earnings, and middlemen -- video platforms -- can save money on infrastructure building and increase subscription revenue and advertising revenues.
As tokens of TFUEL, users have the incentive to share and watch content on networks.
Open source platform. Token holders have governance rights as with other PoS-based blockchain ecosystems.
Theta offers video, data, and computing services, as well as support for developers who want to launch decentralized apps (DApps), on its fully-featured EVM-compatible Smart contract platform.