All About Theta: How it Works and Buying Guide
Theta is a decentralized video streaming protocol that has been making waves in the crypto world. It was first launched on September 11th, 2017, and since then, it has made a name for itself as one of the most promising projects out there.
The platform aims to solve bandwidth issues with block chain technology by using peer-to-peer streaming networks where users are compensated for their bandwidth contribution via tokens called “theta.”
Where can one buy Theta coins?
Now, the post gets the answer to your question. Where can I buy Theta coin? The easiest way to get your hands on some theta is by purchasing them from cryptocurrency exchanges such as Binance, Huobi, and OKex. You won’t be able to purchase any there with fiat currency. To do that, you’ll need to use one of these other methods:
* Purchase bitcoin or ether at an exchange like Coinbase, and then send it over
* Use a debit card via services like Coinmama or CEX
Once you’ve got your hands on some BTC/ETH, head back to either Binance, Huobi, or OKEx to purchase some THETA Token. As mentioned earlier, though – this is the easiest way to get your hands on some.
For those interested in purchasing Theta via fiat currency, there is a workaround that can be done by using an exchange like ShapeShift or Changelly. You’ll first need to buy bitcoin with FIAT at Coinbase and then use this newly purchased BTC to buy ETH, which will allow you to trade for theta tokens at exchanges such as Binance, Huobi, or OKEx, where they are available for trading against ETH.
Where can one sell Theta coins?
To sell your Theta coins back into Bitcoin (or any other crypto), all you’ll need to do is find whichever cryptocurrency wallet address it was sent from and send them over. This could either be from the Theta dashboard or from whichever exchange you originally purchased them.
Where can one store Theta coins?
The safest way to keep your tokens safe is by transferring them over to a hardware wallet such as the Ledger Nano S. This will ensure that even if anything were to happen on either side of your device, it would be impossible for anyone else not even yourself to gain access without using another physical device with an identical PIN code and key phrase.
Storing any token in an online cryptocurrency exchange also holds some risks. While popular exchanges like Coinbase have taken steps towards securing their systems to protect transactions against hacks, there’s always a chance that something could go wrong, and all those bitcoins (or ether) could get stolen. This is a risk not worth taking, especially considering that even the biggest exchanges like Coinbase have been hacked in the past.
Where can one read about Theta’s partnerships?
Theta has partnered with Twitch, the leading gaming content platform currently broadcasting over 100 million hours of live video per month. The company’s CEO, Emmett Shear, said: “We’re excited to explore potential use cases of RAPID technology on our service.”
Where did Theta come from?
Mitch Liu and Jieyi Long founded Theta. The company is headquartered in Palo Alto, California, with Beijing, Shanghai, South Korea, and Tokyo. Theta is one of the most promising projects in the crypto space. The company first launched on September 11th, 2017.
Since then, it has made a name for itself as one of the leading blockchain-based streaming networks that provide consumers with improved quality of online content while enabling them to earn tokens just by sharing their bandwidth.
Theta, the company’s token, is an ERC-20 token that was first sold in September 2017. Those who purchase Theta can use it as a utility token on its decentralized peer-to-peer network, enabling them to share their bandwidth and resources with viewers for content streaming.
How does the Theta network work?
Theta utilizes a special peer-to-peer bandwidth sharing network to provide consumers with online content with improved quality and also allowing users who share their bandwidth resources to receive tokens as compensation for that contribution.
Why it’s a good investment opportunity?
Theta has a lot of growth potential shortly. With its standout team, partnerships, and projects already underway – like their partnership with Twitch- this token could be one to watch.