How to Buy Theta in a Few Simple Steps

Key Points

• Theta was launched in 2017 by gaming/tech entrepreneurs Mitch Liu and Jieyi Long.
• Theta dubs itself as a “dual network”. It is both a Proof of Stake (PoS) blockchain and a decentralised high-quality video streaming platform that allows users to share unused bandwidth with each other.
• Theta offers multiple unique incentive mechanisms beyond staking, in an effort to grow and maintain user adoption over the long term. Network participants can share bandwidth and resources, or create content to earn rewards.
• Caleb & Brown offers a simple, highly secure process for obtaining the native tokens THETA and TFUEL, along with 100s of other cryptocurrencies. Learn how you can do it below.

Theta is a growing network, providing high-quality video streaming to users all over the world. It has gained significant attention through its partnerships with Google, Sony, and more.

But for some looking to invest in this project, it can be hard to buy THETA through exchanges or other traditional methods.

In this guide, we’ll show you how to buy THETA and TFUEL in the most simple and secure way possible, helping you avoid multiple transaction fees in the process.

What is Theta?

Theta is a dual network. An open-source, Proof of Stake (PoS) blockchain and a user-facing platform that delivers high-quality media content to a global audience.

Theta achieves this through an incentivised peer-to-peer network with multiple types of participants. Through well-designed tokenomics, each participant type can benefit from contributing positively to the network.

The Theta community consists of the following platform and blockchain participants:

• Content Creators: Produce media content on the network. Rewarded by advertisers (in the form of sponsorship) and viewers (through tipping TFUEL).
• Advertisers: Gain exposure by placing ads on the platform and sponsoring content creators.
• Viewers: Can access high-quality video content globally upon joining the platform. Also tip content creators.
• Nodes: Computers or servers that work to improve video quality, resolution, and delivery speed. Earn rewards through staking, sharing bandwidth, or relaying streams to other users.

Recommended Reading: What is Theta? A beginner’s guide

Theta Token

THETA is the network’s utility token.

It functions as a governance token, whereby users can use THETA to vote on proposed changes to the network.

THETA is also used by Validators and Guardian nodes for staking in the network’s modified Proof of Stake (PoS) consensus protocol. Users who participate in consensus are rewarded in TFUEL.

The max supply of THETA is capped at 1 billion and will never increase. At the time of this writing, all coins are in circulation.

TFUEL

TFUEL is Theta’s infrastructure token. TFUEL is rewarded to any users who contribute positively to the network. This includes:

• Validators who help to secure the network
• Users who contribute their spare bandwidth to the wider network
• Participants who assist in relaying video streams to other users

The token is also used by network participants for tipping content creators and for purchasing premium content.

Recommended Reading: 6 Types of Altcoins and Their Use Cases

What Theta Brings to the Table

There are some key features that distinguish THETA as an asset. These include:

Decentralized Video Streaming: The network is unique in that it's the first decentralised video streaming platform. Decentralising content delivery could lead to enhanced streaming speed for all viewers on the network, reducing the load the traditional CDNs experience when relaying video.

Low Cost, High Quality: Not needing to rely on a centralised server to deliver video could reduce the costs of streaming in the long term. Viewers plagued by low quality would not have to pay a corporation for more bandwidth/network speed. Viewers who don’t have the local infrastructure to facilitate HD streaming consistently could rely on the shared bandwidth on Theta.

Industry Partnerships: Theta has gained the support of industry leaders like Google and Samsung, along with mentorship from co-founders at YouTube and Twitch. Media personalities like Katy Perry have released NFTs on the network, all of which could help accelerate network adoption.

Staking: For a fee, users can earn rewards by participating in securing the network. Validators propose and process transaction blocks and Guardians work to confirm their accuracy. Nodes are rewarded for their activity in TFUEL.

Incentivised Participation: Users are not limited to staking as a way to earn rewards. They can share bandwidth, relay streams to others, and potentially earn TFUEL through content creation. With multiple reward streams, users are incentivised to regularly participate in maintaining the network.

While these key features may be attractive to potential investors, it’s ultimately in the hands of the individual to do the proper research and determine if Theta is the right asset for their portfolio.

How to Buy THETA or TFUEL in 4 Easy Steps

Buying THETA or TFUEL doesn’t have to be complicated.

Caleb & Brown provides a simple alternative to complex crypto exchanges.

We deliver a personalised crypto investing service, with a dedicated member of our broker team always on hand to guide you through your crypto investments. From account setup to storage, we support you at every step, so you can focus on getting the best out of your investments. With our brokers by your side, you can confidently buy, sell, swap, and safely store THETA and other digital assets for peace of mind investing.

Here’s how you can buy THETA or TFUEL in 4 easy steps.

1. Open an Account

Register as a client for free in just 5 minutes. You can register as an individual, corporation, business, trust, self-managed super fund, self-directed IRA or 401(k).

2. Verify Your Account

Verify your account by submitting the required Know Your Customer (KYC) documentation. This usually includes a photo ID, proof of address, and other documentation depending on the type of entity you register as. For more information, see our Onboarding Your Account FAQs.

3. Deposit Cash or Crypto

Once your account is verified, deposit your funds into the account provided by Caleb & Brown. A test transaction will be done first and, if successful, you can then transfer the entire amount.

4. Buy THETA or TFUEL

Once the funds hit your account, you’re ready to place an order. Simply send your order form via email to your personal broker. Your broker will execute your trade as requested, avoiding slippage where possible.

FAQs

How Much THETA Should I Buy?

How much THETA you buy depends largely on your investment goals. Investors should also weigh a variety of factors before choosing a project to invest in. Ultimately, it’s up to you to determine how much you decide to invest, and what strategies you use to invest in crypto. Doing your own independent research will go a long way in helping you create and set investment goals.

How is the Theta Different From Ethereum?

The difference between Theta and Etheruem lies in the problems they choose to solve.

The creators of Theta want to solve a very specific problem: affordable, accessible, high-quality decentralised video streaming.

The creators of Ethereum want to create a platform for users to leverage blockchain technology to solve real-world problems independently.

While both projects are open-source, allowing users to create and develop their own decentralised apps (DApps) and services, Theta’s primary goal is to optimise video content first before moving into other ventures.

Where is the Safest Place to Buy THETA or TFUEL?

With digital asset scams on the rise, now is more important than ever to engage services that prioritise user security above all else. If you’re looking for a secure, custodial service to safeguard your assets, look no further than Caleb & Brown. We have a battle-tested security infrastructure, through the leading asset security platform Fireblocks.

Make Your First Theta Investment

Buying THETA or TFUEL through a broker is a simple and easy process.

Caleb & Brown is the world's leading cryptocurrency brokerage for those looking to invest in THETA, TFUEL, or other digital assets.

Our personalised broker service makes crypto investing simple. A dedicated member of our broker team is always on hand to guide you along the way, giving you the confidence you need to navigate the world of crypto.

Not to mention key features such as:

• No joining or signup costs
• Industry-leading storage solutions
• 24/7 customer support

If you are ready to take the next step and start investing, contact your crypto broker today.

Not yet a client? Sign up for your free consultation.