HomeThetaHow and Where to buy Theta (THETA)
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How and where to buy Theta (THETA) in 3 steps

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THETA (THETA)
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Author: Alexander Buckley Updated: March 23, 2022

Known to many as a ‘decentralised Youtube’, Theta harnesses the bandwidth of its dedicated userbase to deliver high-quality video streaming to consumers.

In return for providing their excess bandwidth, users are rewarded with one of Theta’s native crypto tokens known as TFUEL. TFUEL has real value in the crypto space and can be exchanged for other cryptocurrencies and also the THETA token itself, or even swapped for fiat currencies such as the US dollar.

The Theta token is, however, the blockchain’s star performer and, when staked, is used to take part in governance decisions, to create new blocks and validate transactions.

This page will take you through the process of purchasing Theta and storing it safely. We’ll also explain more about the Theta network and why you might want to invest.

If you’d like to buy Theta right away, use the link below from one of our partnered trading platforms to start your journey.

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3 steps to buy THETA

Step 1: Sign up to a broker or exchange

Create a trading account with one of our chosen cryptocurrency exchanges or brokerages. Signing up takes only a few minutes. You’ll need to provide your personal I.D. and some contact information to complete the setup. 

Step 2: Deposit funds

After signing up, you should make a monetary deposit into your account so you can purchase cryptocurrencies. Deposits can be made using a debit/credit card or bank transfer. 

Step 3: Buy THETA

Swap your deposited funds into a base crypto base currency such as USDT or Ethereum. Most coins cannot be bought using fiat. Search for Theta, then enter the amount you’d like to purchase. After clicking the buy button, your Theta will appear in your portfolio within a few seconds. 

Where to buy THETA

You can purchase Theta from a wide range of crypto exchanges and brokerages. If you already hold some crypto on a non-custodial wallet, you can connect to a decentralised exchange (DEX) such as Uniswap and swap your coins for Theta. You can use one of our partnered trading platforms to purchase Theta for yourself.  

1
Min Deposit
$10
Promotion
User Score
10
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full regulations list:
CySEC, FCA
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Why buy THETA?

Theta is a decentralised streaming platform where users can lend their bandwidth for rewards. The Theta network is set up with Guardian Nodes—network users on the Theta blockchain who validate transactions from the Enterprise validator. 

Enterprise validators are businesses that stake their THETA tokens so they can process transactions. Then there are Edge Nodes. These are users who confer their bandwidth to the network and are rewarded in TFUEL, a token can be traded on crypto exchanges for other cryptos or sold back into a fiat currency such as the US dollar. Theta's video creators on Theta can also earn Theta tokens from viewers and other creators thanks to Theta’s built-in tipping system. Using the official Theta wallet, users can send Theta to creators on the Theta platform. 

Along with video streaming, developers can build dApps for the Theta network’s ecosystem. The Theta blockchain itself follows a BFT (byzantine fault tolerance) proof of stake (PoS) consensus, similar to the Fantom network. This consensus adds extra layers of security and speed to the network compared to other proof of stake blockchains. There is also a Theta native wallet for users to stake and earn rewards on their TFUEL and THETA. 

If a decentralised video sharing site, similar to YouTube, that has the backing of some of the biggest names in the tech industry, sounds interesting then it’s well worth checking out one of the buzziest cryptos around today—Theta. 

Where to store your THETA

You can keep your Theta on your chosen crypto exchange or brokerage or send your Theta to a non-custodial wallet for greater control over your asset. Wallets such as Metamask and Trustwallet allow investors to interact with decentralised applications (dApps) and do more with their holdings. 

Physical hardware wallets such as Ledger and Trezor provide an extra layer of security that exchanges and brokerages can’t provide. If you’d like to learn more about hardware wallets and purchase one for yourself, simply visit one of the links below. 

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Frequently Asked Questions

  1. You can view Theta’s current partners on the Theta website. On the website, you’ll also be able to view Theta’s network explorer roadmap and view the latest updates.

  2. You can create a Theta wallet on the official Theta website. Creating a wallet is quick and easy, and there are steps provided to keep your wallet secure and protected. 

  3. Theta Fuel can be purchased from most exchanges. TFUEL is given to Theta users for lending their bandwidth to the network. Users can then exchange their TFUEL for other cryptocurrencies. 

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