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How to buy Theta Fuel (TFUEL)
A beginner's guide to buying and selling TFUEL in the US.
How to buy Theta Fuel
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Theta Fuel.
- Open an account on an exchange that supports TFUEL. Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account. Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Theta Fuel.
- Buy Theta Fuel. Complete your Theta Fuel purchase and then find the best wallet to store TFUEL.
What is Theta Fuel?
Theta is a decentralized video streaming platform that looks to eliminate many of the issues — primarily those related to high quality data transmission, centralization and censorship — that are currently being faced by traditional platforms such as YouTube and Facebook. It achieves this by making use of a distributed network that consists of users all over the world who provide the ecosystem with their excess computing resources in return for Theta Fuel (TFuel) tokens.
Theta Fuel (TFuel) is the native cryptocurrency of the platform. It is given to users for sharing their processing power/Internet bandwidth, for their content creation efforts and for their viewership (i.e. users who watch videos on the Theta network will earn TFuel tokens).
Theta Fuel (TFUEL) is the nullth largest cryptocurrency in the world by market cap. The current price of Theta Fuel is $0.336, which is -3.691% lower than yesterday. Prices have ranged between $0.375 and $0.305 over the past 24 hours. All prices are listed in US dollars and accurate as of May 17, 2021 09:05 UTC.
Where to buy Theta Fuel
Unfortunately at this time no major exchanges offer Theta Fuel. However, you may be able to purchase TFUEL with another cryptocurrency, just be sure you're following all legal restrictions and requirements.
Instead of buying Theta Fuel, consider buying a different cryptocurrency after comparing popular exchanges.
Theta Fuel coin priceUse our graph to track the performance of TFUEL over time.
Theta Fuel at a glance
|All time high||US$0.568|
Theta Fuel price performance over time!
How to sell Theta Fuel
You can cash out your TFUEL with the same exchange you bought it through:
- Sign in to the exchange you have TFUEL on.
If you store your Theta Fuel in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of TFUEL you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Theta Fuel.
What to consider when buying Theta Fuel
Unique operational set-up: Using its decentralized framework, which depends largely on the computing power of its users, Theta is able to relay high-quality video content across its network at relatively low costs.
Censorship-resistant: Censorship is an issue that has become quite prominent in recent times. Many people around the globe feel that they are being targeted unfairly by Silicon Valley giants for simply holding views that are not similar to theirs. Theta seeks to change all that by transmitting digital media content in a manner that is not only totally immutable but also censorship-resistant.
Solid backing team: The platform is fronted by CEO Mitch Liu and CTO Jieyi Long. Liu has previously been associated with MIT’s Media Lab initiative and has served as the co-founder of mobile ad company Tapjoy. Theta has also been able to draw the co-founders of YouTube and Twitch to its advisory panel.
Limitations: The TFuel tokens that users earn as rewards can only be used to facilitate highly specific item purchases within the platform. Not only that, potential investors should also bear in mind that all deposits done on the Theta platform are irreversible and totally non-refundable.
Non-fungible token (NFT) incorporation: Theta’s Mainnet 3.0 features an NFT marketplace that allows users to explore this fast-evolving space in depth. The integration also allows for the development of cross-chain bridges between Theta, Ethereum and other blockchain ecosystems, allowing for the decentralized storage of various NFTs across different ecosystems in a highly efficient manner.
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