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- 1. How & where to buy Theta (THETA) online
- 2. How to buy Theta instantly in 3 simple steps
- 3. Where to buy THETA easily
- 4. Best exchanges to buy Theta (THETA), reviewed
- 5. How to trade THETA
- 6. What is the best way to pay for Theta (THETA)?
- 7. How do I store Theta (THETA)?
- 8. Is Theta (THETA) a good investment?
- 9. Is now a good time to buy Theta?
- 10. FAQs
How & where to buy Theta (THETA) online
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82% of retail CFD accounts lose money.
Theta tokens are available on a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy Theta this way. Follow our quick step guide below.
How to buy Theta instantly in 3 simple steps
Copy link to sectionTo buy Theta you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.
Step 1. Sign up to eToro
Copy link to sectioneToro is the simplest crypto exchange to get started with. Create an account and supply a copy of your photo ID for verification.
77% of retail CFD accounts lose money.
Step 2. Make a deposit
Copy link to sectionAdd funds via a card payment, bank transfer or an alternative payment method. You can start with as little as £10.
Step 3. Buy Theta token
Copy link to sectionType THETA into the search box then click ‘trade’. Enter how much money you want to spend and hit ‘trade now’.
Now you own Theta tokens! It’s as simple as that.
Where to buy THETA easily
Copy link to sectionThe overall best exchange to buy Theta token for beginners is eToro . Theta is also available on lots of other cryptocurrency exchanges.
Here are the top three places to buy Theta, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.
77% of retail CFD accounts lose money.
Read more about how we rate, rank and review platforms.
Best exchanges to buy Theta (THETA), reviewed
Copy link to section1. eToro. Best for beginners, copy-trading & demo-account
1500
No. assets
$10
Minimum deposit
Crypto
Platform type
Pros & Cons
Overview
We love eToro because it makes it simple to trade crypto at home or on the go. If you’ve never bought cryptocurrency before, then eToro makes it simple to buy 75+ of the leading coins, including the likes of Bitcoin, Ethereum, and Dogecoin. Every crypto trade comes with a flat 1% fee, which makes it one of the cheapest crypto brokers on the market to boot.
As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the crypto market every day, browse the latest technical analysis about every one of those tokens, and copy other people’s trade suggestions from your desktop or the eToro app.
The fees: You will be charged a 1% fee every time you buy or sell crypto. The charge is included in the market price that’s displayed on eToro. CFD trades may be charged an overnight or weekend fee if you leave the position open.
77% of retail CFD accounts lose money.
2. OKX. Best for futures and margin trading
...
No. assets
$50
Minimum deposit
Crypto
Platform type
Pros & Cons
Overview
We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools.
From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.
The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.
3. KuCoin. Best social trading altcoin exchange
1
No. assets
...
Minimum deposit
Crypto
Platform type
Pros & Cons
Overview
We love KuCoin because it;s a great place for beginners to trade more than 700 altcoins. KuCoin is a social trading platform with 20+ million investors worldwide in 200+ countries.
KuCoin’s beginner zone offers up rewards up to $500 for new users. The rest of the platform has plenty of features for the crypto enthusiast: a staking service to earn money on your stored crypto, an NFT marketplace, and margin trading features to buy leveraged tokens.
The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.
How to trade THETA
Copy link to sectionYou can trade Theta on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how THETA crypto trading works:
- Monitor the price: Let’s say the price of THETA/USDT is $1. You read the price charts and decide that now is a good time to start purchasing THETA.
- Open a trade: You trade one USDT for one THETA ($1 for 1 THETA).
- Continue to monitor the price: The next day, one THETA token is now worth $2, a 100% increase.
- Close your trade: You trade your THETA token back to USDT for $2.
In this example, you buy and sell Theta, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend many hours learning to trade, reading charts, patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.
77% of retail CFD accounts lose money.
What is the best way to pay for Theta (THETA)?
Copy link to sectionThe simplest way to buy Theta cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for THETA.
- Buy Theta with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
- Buy Theta with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a £1 fee, and these transactions are more or less instant as they run through the Faster Payments System (FPS).
- Buy Theta with PayPal. Some crypto brokers accept deposits via PayPal. eToro is the best option because it doesn’t charge a fee for PayPal deposits, whereas the charge can be as high as 5% or more with other platforms.
- Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.
How do I store Theta (THETA)?
Copy link to sectionMost people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Theta then you should move it to a crypto wallet.
A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best Theta wallets to use are MetaMask and the Ledger Nano S.
Is Theta (THETA) a good investment?
Copy link to sectionWhether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of Theta and its token to help you decide whether to invest in THETA.
- Theta aims to revolutionise video streaming with blockchain technology. It is a blockchain platform that seeks to disrupt the video streaming industry by offering a decentralised and distributed network for delivering video content. The platform uses blockchain technology to incentivise users to share their unused bandwidth and computing resources, creating a network that offers fast and reliable video streaming.
- The video streaming industry has lots of potential. The video streaming industry is massive, with some of the biggest companies in the world operating in this space. These companies have built large audiences and generated significant revenue through video content. If Theta can successfully compete in this industry, the potential for growth and profitability is enormous.
- Theta could pay off if its platform grows. If Theta can establish itself as a big player in the video streaming industry, investing in it now could pay off big. Companies mentioned in the same breath as giants like YouTube, Netflix, and Twitch are typically successful and have a high growth potential.
- You can earn rewards for simply owning THETA. Holding and staking THETA tokens on the Theta network allows users to earn rewards for helping to secure the platform. Users can validate transactions and maintain the integrity of the network, in return for which they receive rewards in the form of additional THETA tokens.
- Video streaming is a competitive space with no guarantee of success. However, it is important to note that the video streaming industry is highly competitive, and there is no guarantee of success for any company entering this space. Companies must offer high-quality content, reliable streaming, and a user-friendly experience to succeed in this industry.
- Similar projects have failed in recent times. The recent failure of Quibi, a short-form video streaming service, highlights the challenges of running a successful video streaming business. Companies must navigate complex challenges such as securing content, building a large user base, and generating revenue.
Use this quick summary of pros and cons to compare Theta with other, similar projects.
Pros
Copy link to section- A unique and potentially disruptive project
- Has some prominent investors including Samsung
- Serious names, including YouTube Co-Founder Steve Chen, are involved
- Passive income potential for guardian node runners
Cons
Copy link to sectionUltimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.
How has Theta (THETA) performed this year?
Copy link to sectionThe current Theta price today is $0.999, which is 93.45% below its all time high of $15.88, which it reached on 16 April, 2021]. THETA is up 39.02% this year, with a 52 week high of $4.38 and a 52 week low of $0.709.
Is now a good time to buy Theta?
Copy link to sectionThe answer depends on the current price and your own investment goals. Put simply, buying Theta, selling Theta, and trading THETA are all the exact same process. It’s really just your personal investing intentions that defines whether now is a good time to invest or not.
- If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #hodl that coin long term in the hopes of larger profits. In this sense, any time is a good time to buy Theta.
- As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of Theta and its decentralised aggregator platform, then a good time to purchase Theta is on any major dip.
In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Theta and selling it the next day probably isn’t why you’re here either.
Regardless, closely following THETA price news & analysis will help you decide when to pull the trigger:
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FAQs
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