Where to Buy Theta – A Beginner’s Guide

The Theta Blockchain, whose token is THETA, is working on becoming the next generation of entertainment and streaming technology. They are planning to do so by sharing bandwidth resources on a P2P (peer-to-peer) basis.

In this guide we’ll cover how to buy Theta in 2024 with the lowest fees and on the safest trading platforms.

Where to Buy Theta?

Live streaming has risen to be one of the largest industries on the internet. It was forecasted to rise to a $70 billion industry by the end of 2021, from $30 billion in 2016.

As the online audience rises and more and more content is produced and consumed on platforms such as Netflix, YouTube, Vimeo, and a host of other entertainment platforms, the next step towards live streaming will be its integration with Web3.

Below are the best places to buy Theta:

1. Crypto.com – Buy THETA with a Debit Card

Crypto.com listed THETA on the platform in September 2019.

You can easily purchase THETA on Crypto. If you’re looking for a cryptocurrency exchange that is budget-friendly and user-friendly, Crypto.com could be the right option for you. You can stake Crypto.com’s own token, CRO, on the platform to earn better rewards.

Its recent Visa card offering has certainly helped Crypto.com stand out from the rest of the crowd. The unique offering allows users to use the Visa card to store their cryptocurrencies while they can still spend fiat money. It can also be used as an ATM card to withdraw the cryptocurrencies stored.

The platform waives the 2.99% commission for its users for the first 30 days. With a selection of more than 150 cryptocurrencies available for users to trade, sell and invest in, users can access the best cryptocurrencies such as Bitcoin, Ethereum, Litecoin and many more.

Cryptoassets are a highly volatile unregulated investment product. 

2. Huobi – An Exchange with One of the Highest Crypto choices

Huobi was founded in 2013 and offers more than 350 cryptocurrencies, including THETA. Much like Crypto, com, Huobi also allows users to earn interest by staking them.

Huobi was founded in China in 2013, and moved its headquarters to Singapore, and eventually Seychelles, as the country’s authority cracked down on cryptocurrencies.

You can use Huobi in most countries. But it isn’t available in US and Japan. The fees for trading crypto on the platform is pretty low, but fees for depositing using debit or credit card are pretty high.

Security features are perfectly in place and allow users to trade stress-free.

Cryptoassets are a highly volatile unregulated investment product.

3. Binance – One of the Most Reputed Crypto Exchange

Being the world’s largest online cryptocurrency exchange by trading volume, Binance is one of the largest crypto exchanges. The exchange is easy to navigate and offers multiple trading platforms, based on the users.

More than 100 million users trust Binance to buy THETA and an extensive list of the most undervalued cryptocurrencies. The current payment methods on Binance include crypto deposit, bank deposit, debit or credit cards, P2P trading, and third-party payment (through Banxa & Simplex).

Some of the most popular cryptocurrencies such as Bitcoin, Dogecoin, Ethereum, USD Tether, Litecoin, MATIC Network and more are available on Binance to be bought, sold and traded.

Cryptoassets are a highly volatile unregulated investment product.

What is Theta?

Theta can be considered to be a native blockchain with an open-source protocol. It means that partners and developers can use Theta and develop decentralized applications such as Ethereum.

Theta is a decentralized video delivery network that aims to solve the vulnerabilities and issues that the streaming sector currently faces. The platform was designed keeping in mind the last-minute bottlenecks and hindrances about content delivery and is a significant concern for content creators who use high resolutions (4K and above).

Different features of Theta

The network enables users to share access to any bandwidth that is excess to them in exchange for rewards. What makes it a notch above the traditional streaming industry and players is that it is decentralized and powered, planned entirely by its users.

History of Theta

As a peer-to-peer video delivery network Theta was created in 2017 to solve the challenges of the streaming sector. The project was co-founded by Mitch Liu, an entrepreneur, and Jieyi Long, who has expertise in virtual reality live-streaming technologies. 

They began their journey by starting with a private token sale, selling 30% of their predetermined 1 billion unit supply of THETA to raise an equivalent of $20 million and launch their project. Their experience with SLIVER.tv significantly helped create another platform – Theta.tv. 

As a decentralized video platform for streaming and viewing videos, Theta.tv aims to solve major issues streamers face. It became the first decentralized video platform based on the Theta blockchain. Later, Theta project launched another coin – TFUEL, which became the operational token of the network. 

Theta’s future plans include collaboration with Samsung to make Theta.tv available on Samsung phones. If this happens, the number of Theta.tv users can grow dramatically as there are millions of Samsung phone users. This can positively affect the value of the THETA coin. 

How Does it Work?

Theta is a peer-to-peer platform that rewards its users for real-time payments with real-time payments for content distribution. Being a decentralized platform, it allows users to build decentralized apps on the platform itself.

Theta boasts of a dual token mechanism called Theta Fuel, which serves a similar purpose to gas fees.

Another token that’s native to the platform is THETA, which can provide them access to THETA’s operations and obtain certain benefits.

Price Prediction for Theta in 2023, 2024, 2025 & Beyond

The THETA coin started trading initially in 2018 at less than $0.2 when the price spiked to $2. The spike was short-lived, and THETA maintained levels around $1 around August till the end of the year.

In 2021 many factors and news, such as Theta Labs’s partnership with Lionsgate and Theta’s entry into DeFi, signaled Theta’s strong growth and upside potential. So, Theta hit its all-time high of $15.7 and finished the correlation at $4. After experiencing ups and downs, Theta entered 2022 at $4.9. 

2022 was a tough year for the whole market, so Theta prices dropped as low as $0.7, but it was never below its listing price. In 2023, THETA increased significantly and currently has more than a 50% YTD return rate. Let’s take a look at the THETA price predictions conducted by popular algorithm-based platforms. 

Theta price chart via CoinMarketcap

Theta Price Prediction in 2023

Giving price predictions for the THETA coin, Wallet Investor indicates that it will lose 90% of its value in 2023 and drop to $0.1 annually. 

However, Price Prediction is optimistic about the THETA price performance and indicates it can reach an average value of $1.49 in 2023 with a maximum price of $1.67 and a minimum price of $1.44. 

Digital Coin Price predictions are quite bullish, showing that the coin can have a maximum value of $2.39 while its average price will be $2.18 during 2023.

Theta Price Prediction in 2024

Price Prediction’s data indicates that THETA can hit $2 in 2024 with an average trading rate of $2.06. Its maximum price can reach $2.48, and THETA can have a minimum price of $1.99 in 2024. According to Digital Coin Price, THETA will be traded above $2 during 2024 with an average trading rate of $2.61. 

Theta Price Prediction in 2025

Both platforms, Digital Coin Price and Price Predictions, indicate that THETA will reach $3 in 2025. While according to Digital Coin Price, THETA’s average value will be $3.62 during 2025, Price Prediction indicates that the coin will be traded at $2.8 on average, but its maximum price can hit $3 and reach $3.42. 

Theta Price Prediction in 2030

According to Price Prediction, by 2030, THETA can reach as high as $20. The platform shows that in 2030 Theta can have an average value of $17.8 while its maximum price can reach $21.05. Digital Coin Price suggests that THETA can be traded above $10, but the predictions are not as bullish. According to the platform, THETA’s maximum price for 2030 will be $11.43.

Summary – Theta Price Prediction 

Theta’s price shows signs of recovery after dropping by almost 95% compared to its all-time high. The growth is associated with the uptrend of the crypto market. Still, Theta has other features to stand out among many other crypto projects. 

Strong partnerships such as Samsung VR and Sony Spatial Reality Display are predicted to eventually help it reach its older prices. Improved security and enhanced effective partnerships with such bigger brands can work out in Theta’s favor.

If Theta upgrades and new collaborations happen and the cryptocurrency market continues to grow, Theta is predicted to see growth in price over the next few years. Algorithm-based platforms also indicate mostly positive projections about Theta prices. 

How to Sell Theta?

When it comes to selling THETA crypto, most exchanges allow you to do so quickly and efficiently.

Your decision to buy THETA or sell it depends on your investment strategy, requirements, and resources for your investment and position in the markets.

If you want to sell THETA, simply login to your account and select the cryptocurrency you want to sell, which in this case is THETA.

When you complete the process, your cryptocurrency will be sold, and the same amount (in fiat currency) will be added to your account.

Storing your cryptocurrency on the account is possible as well. Most platforms do not charge extra fees and/or charges to store your cryptocurrencies.

Certain estimates expect Theta to reach a maximum target of $27.336 if everything currently under development stays on track in 2023.

Should you Invest in Theta?

Theta’s history and functionalities make it a strong competitor in the space that sees many blockchain projects popping up. Interestingly, THETA doesn’t only cater to the rising blockchain ecosystem and provides a solution for content consumption. Theta has been working with some giant companies in the industry to raise the adoption of its Theta.tv platform, including Samsung and Sony. 

It certainly has the credentials and aims to innovate the live-streaming industry by integrating it with the blockchain. But Theta also faces competition in the market. One of the most popular competitors is the Livepeer decentralized video training platform with its native token LVP which is also available to buy on Crypto.com.

As an investor, it is always necessary to conduct your due diligence before diving into it. Performing your own research before you buy THETA and investing your hard-earned money and resources can increase your risk-taking abilities, allowing you to presume what to expect. Apart from going through the price prediction, consult the coin’s price history, the founders’ background, and the story behind the project.

Final Words on Theta

Theta is a blockchain project with a specific niche it caters to and is willing to innovate an already growing industry. Keeping the price factor aside, the Theta blockchain project has proactively identified a requirement for a large group of users such as content creators, live streamers, and simply viewers who look forward to consuming content on a live stream.

Theta is looking at making streaming more cost-effective and reducing the reliance on platforms like Netflix & YouTube, and Twitch. To make its adoption more widespread, Theta is collaborating with multiple popular companies in the industry. Last year, Theta’s collaboration with Sony gave birth to two 3D NFTs for Sony Spatial Reality Display usage. 

It also aims at making Theta.tv is available on Samsung phones through its collaboration with the company. AI platform FedML is Theta’s next partner which will try to enable collaborative machine learning on content recommendation and generative AI. Theta indeed aims to disrupt the streaming industry. 

FAQs on Buying Theta