Buy Theta (THETA)
The quality of the material and the speed of delivery are poor, and the costs are prohibitive? Where centralized networks are powerless to help, innovative distributed ledger technology comes in. Although no blockchain can store videos, it is necessary to create a service for decentralized file delivery to the right place and at the right time. It is precisely the challenge set by the developers of Theta, a blockchain project that has the potential to revolutionize the online video industry.
The THETA Token crypto platform is the product of the Theta Labs programmer team, a subsidiary of the SLIVER.tv corporation.
What is Theta?
Theta cryptocurrency is a key component of a decentralized digital web service dedicated to providing dedicated software tools to promote streaming video.
The Theta crypto coin will be mainly used to pay financial incentives to participants in the crypto network and carry out financial transactions between users within site. Theta Network members who help share video content as edge nodes are rewarded for data streams using TFUEL. The platform itself pays for content distribution, which means that the service is free for end-users. Edge nodes usually do not broadcast full videos but tiny fragments of them, so end users watch content transmitted from multiple nodes in the community. It would be like BitTorrent if torrent users were paid to share content and contribute to other parties' download speeds.
The second native cryptocurrency of the Theta network is a governance token designed to help manage the blockchain and its future development. THETA has a fixed supply of 1 billion coins to avoid the risk of inflation. THETA coins can be staked to receive TFUELs as a reward, but the user needs at least 1000 tokens to become a suitable pivot node and 1 million tokens to become an enterprise-grade validator.
Pros of Theta cryptocurrency:
- High quality and smooth streaming video;
- Low usage fees;
- The ability to earn digital tokens;
- Support of major market players.
Cons of Theta cryptocurrency:
- Raw technological base;
- The impossibility of mining coins in the traditional way;
- If the token falls in value, it will become unprofitable to start caching nodes.
Where does Theta come from?
The Theta ecosystem is divided into two levels. The first level is the global video content delivery network. The second level is a block chain, internal tokens, which serve as a reward for participants. Each user can make his PC one of the network nodes for transferring video materials. And it is certainly not free, for video hosting services you receive payments in digital tokens.
How does Theta work?
Theta is a blockchain-based decentralized peer-to-peer video delivery network that enables high-bandwidth content delivery for free. When users watch videos, some of their computing power is used to transmit those videos to other users, with the main users earning tokens as a reward.
Is Theta a good investment?
As part of the ICO, which was held from the end of 2017 to the beginning of 2018, the authors of the coin managed to collect more than 20 million in investments. Thanks to this financial success, the coin managed to attract the attention of investors and users.
What makes Theta unique?
The uniqueness of the Theta Token concept is based on the idea of load balancing through user interaction with the crypto network. The cryptosystem is built so that the users themselves provide the necessary quality of streaming video, thus earning a crypt. Such technologies will become especially in demand in places where there is a problem with the quality of communication.
Where to Buy Theta in New Zealand?
You can invest in cryptocurrency by opening a cryptocurrency wallet on one of the cryptocurrency exchanges, or trade Theta through online trading platforms, earning on the change in the value of the cryptocurrency.
The first investment method is more complicated and requires a deeper understanding of the nature of cryptocurrency, but if you have a desire to open a cryptocurrency wallet, it is not difficult to do it!
The most popular ways to buy Theta New Zealand are on an exchange or online brokerage platform, which allows you to earn money regardless of the movement of the asset price, whether it goes up or down. A feature of trading Theta cryptocurrency through exchanges is the fact that a trader can only open buy deals and make money on the growth of an asset. Short positions are allowed only if there are already open long positions. In this sense, trading CFDs on cryptocurrencies opens up more opportunities for the trader.
When trading CFDs on Theta, you are not buying the asset itself, you are simply making money from the price movement. So go for it, successful bidding!
How to start investing in Theta in New Zealand?
The popularity of cryptocurrencies continues to grow. At the same time, various strategies for investing in digital assets are emerging. To make money on investments in Theta in New Zealand, you need to constantly monitor market news and changes in the regulatory field.
There are different approaches to how to start making money by investing in Theta in New Zealand. Let's consider the most popular strategies.
Hold is a popular term in the crypto community that netizens use to refer to the purchase of cryptocurrency in order to keep it long-term. Working according to this scheme implies making money on the growth of the asset rate over a long period of time. It is most profitable to invest for the long term during such periods, which are characterized by a prolonged decline in prices in the market, after the cryptocurrencies - the leaders of capitalization - reach local cost peaks.
The term scalping usually means income from short-term changes in the asset's rate. Most often, to make money using the scheme, they use the influence of news on the digital asset market. Also for scalping, you can use the technical analysis of the behavior of the asset rate on the chart.
The essence of the strategy is to buy an asset for an extended period of time on a certain day of the week / month (or at a different frequency), regardless of the current position of the cryptocurrency. Market participants who choose a strategy believe that this approach allows them to earn by averaging risks.
This term means the deliberate retention of assets on the account, in order to organize a source of passive income. On the staking market, you can find offers with high yields.
There are different investment strategies for traders looking to capitalize on the movement of Theta. For those who are not in a hurry, the Hold scheme is suitable. Users who are ready for increased risk for the sake of instant earnings should pay attention to scalping. Those who want to combine high profitability of different strategies with investment safety may be interested in staking.
A good income can be the "reward" for being attentive to work. Take control of your financial future now!
Universal Tips to Improve Your Theta Investment Performance:
- Investments are worth diversifying. A distributed portfolio of assets reduces the likelihood of losing all investments due to a sudden drop in the rate of one cryptocurrency;
- You don't need to buy digital assets with your last money. The market can be unpredictable. It is worth investing only what you can afford to lose;
- Investments need to be planned. It is worth determining in advance how much you are willing to invest in Theta.
Experienced market participants advise to keep records and record all their transactions in the market, so that if necessary have information at hand to analyze the effectiveness of decisions.
Should traders invest in Theta?
The support of large technology companies and the presence of its own clientele allows Theta to maintain a high potential in the market. Perhaps in the future, Theta will be able to squeeze traditional video content providers out of the market. And then the Theta network tokens will grow even more in value. Try it now. You will definitely succeed!
How to buy Theta right now?
In the modern world, online services facilitate the process of trading in the market, using technology and offering new forms of investment. To start trading, you need to go through a simple registration procedure by providing your personal data: name, email address. After confirming the registration process, you can start buying Theta CFDs in New Zealand.
Broker leverage will allow you to trade CFDs with a relatively small starting amount.
On the trading platform, you have the opportunity to try trading without fear for your own savings by opening a demo account. A demo account gives you a chance to gain invaluable trading experience and learn how to cope with your emotions, experiencing unexpected surges in the market and unpredictable events so that the trader reacts less sharply next time.
After you get an idea of market trading, you can fund your wallet by creating a personal account. To replenish your wallet, you need to transfer fiat money to it. Depending on the selected method of replenishment, money can be received up to several days. When you have funded your account, you will need to convert your fiat currency to Bitcoin or Ethereum, as Theta is only available with these cryptocurrencies.
Your trading account is available 24/7 and you can track your trades in the account anywhere and anytime. Just do it!