How to buy Theta Network (THETA) in Australia
A beginner's guide to buying and selling THETA in Australia.
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How to buy Theta Network
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Theta Network.
- Open an account on an exchange that supports THETA.
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 Network.
- Buy Theta Network.
Complete your Theta Network purchase and then find the best wallet to store THETA.
What is Theta Network?
In its most basic sense, Theta is a decentralised video streaming platform that looks to eliminate many of the issues — related to HQ data relay, centralization, censorship — that are currently being faced by traditional platforms like Youtube. It achieves this by making use of a distributed network that consists of users all over the world who voluntarily provide the ecosystem with their excess computing resources in lieu of Theta Fuel (TFuel) tokens. THETA is the native governance token of the Theta protocol. Individuals who own substantial sums of the currency can act as validators or guardian nodes. Not only that, there is a hard cap on the total number of THETA that can ever come into existence, i.e. 1,000,000,000 tokens, making the currency immune to various inflation-based supply problems.
Theta Network (THETA) is the 17th largest cryptocurrency in the world by market cap, valued at $7,006,488,227. The current price of Theta Network is $6.89, which is 0.464% lower than yesterday. Prices have ranged between $7.16 and $5.41 over the past 24 hours. All prices are listed in US dollars and accurate as of June 23, 2021 07:06 UTC.
Where to buy Theta NetworkFind an exchange to buy, sell and trade THETA by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Theta Network at a glance
|Total THETA supply||1,000,000,000|
|Notable team members||Mitch Liu, Jieyi Long|
|Partnerships||Samsung, Google Cloud|
Theta Network price performance over time
How to sell Theta Network
You can cash out your THETA with the same exchange you bought it through:
- Sign in to the exchange you have THETA on.
If you store your Theta Network in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of THETA you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Theta Network.
What to consider when buying cryptocurrencyBuying cryptocurrency can be a risky endeavor, but there are precautions you can take to help mitigate risk:
- Don't FOMO buy coins: Spend time researching a coin before you decide to invest, particularly if the coin's price is spiking for seemingly no reason.
- Stick with well known exchanges: Unless you're an experienced cryptocurrency trader, stick to more well known crypto exchanges to help avoid the possibility of losing your money in a scam. When possible, store your crypto on a hardware wallet instead of on an exchange.
- Look into the coin's founders and developers: Anonymous teams are often a red flag, so if you can't find details on the creator of the coin you may want to consider investing in a different cryptocurrency.
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