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How to buy Theta Fuel (TFUEL)
Learn how to buy Theta Fuel (TFUEL) in our step-by-step guide.
Theta Fuel (TFUEL) is in the top 1,000 cryptocurrencies by market cap, valued at $525,557,822.
Theta Fuel is a highly volatile asset capable of major price swings in a single day. Today TFUEL is trading for $0.080611, which is slightly down from yesterday's trading price of $0.0863248228. Theta Fuel's seen an increase of 46% over the past year.
So before you buy Theta Fuel, make sure you understand these unique risks as well as its legal, regulatory and tax status here in the US.
If you're ready to get started, read on for step-by-step instructions and a list of platforms you can buy Theta Fuel.
How to buy Theta Fuel in 5 steps
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
- Compare crypto exchangesThe easiest way to buy Theta Fuel is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
- Create an account To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
- Make a depositOnce verified, you can deposit USD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
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Buy Theta Fuel
You can now exchange your funds for Theta Fuel. On beginner-friendly exchanges, this is as simple as entering the USD or TFUEL amount you want to purchase and clicking "buy".
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Secure your Theta Fuel
Consider transferring your TFUEL to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.
Where to buy Theta Fuel
Find an exchange to buy, sell and trade TFUEL by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
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How we keep this Theta Fuel guide up-to-date
- TFUEL price data is regularly updated through data feeds so you always have the latest information.
- Theta Fuel performance data is regularly updated using automated comparisons.
How do I find the best places to buy Theta Fuel?
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
What will I need to buy Theta Fuel?
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Theta Fuel.
- This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
- Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing TFUEL with your local currency then you will need to pass KYC.
- Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.
What are the best ways to buy Theta Fuel?
Once you've created an account, you will need to deposit funds to buy TFUEL with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to to buy TFUEL:
- Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
- Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
- Cryptocurrency: You can usually purchase TFUEL by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for TFUEL on the spot market to see what cryptocurrencies it can be traded for.
What is the easiest way to buy Theta Fuel?
The easiest way to buy TFUEL is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Best Theta Fuel wallets to store your TFUEL
You can keep your TFUEL on the exchange you purchased it on, or move it to a personal wallet:
- Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
- Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your TFUEL below.
Trezor Model T Wallet
★★★★★ 4
Price (USD)
$179
Supported assets
9,000+
Ledger Nano X Wallet
★★★★★ 4.6
Price (USD)
$149
Supported assets
5,500+
SafePal S1 Wallet
★★★★★ 4
Price (USD)
$49.99
Supported assets
30,000+
Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
Is Theta Fuel a good investment?
Below are the aspects you should consider before investing in TFUEL:- 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.
Today's Theta Fuel price versus ATH
Compare today's price of Theta Fuel ($0.080611 USD) against its all-time high (ATH) price of $0.68159 on June 09, 2021. The closer the bar is to 100%, the closer TFUEL is to reaching its ATH again.
Current price: $0.080611
All time high: $0.68159
How do I trade, convert or sell Theta Fuel?
You can convert or sell 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 convert or sell it on.
- Choose Sell or Convert and place a sell order.
- Choose the amount of TFUEL you'd like to convert or sell.
- Confirm the sell price and fees and close your sale of Theta Fuel.
- Complete your transaction and move your TFUEL to a wallet for storage.
How to buy other cryptos
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.
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