How To Buy Theta Network (THETA) – A Step-By-Step Guide

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By Crypto Vibe

How To Buy Theta Network (THETA)

The Theta Network (THETA) is a purpose-built network with an aim to empower video streaming as a blockchain network. Founded in March 2019, the Theta Network functions as a decentralized network that allows users to share bandwidth and computing resources on a P2P basis. Moreover, the focus of THETA is to create a decentralized video streaming infrastructure to deliver high-quality video streaming to everyone. If you want to know how to buy Theta Network (THETA), we have got you covered with the following simple and easy steps of instructions.

How to buy Theta Network (THETA)

Register On Crypto Exchange

Since THETA is an altcoin, it can not be purchased directly with money. You will first need to buy Bitcoin (BTC) or Ethereum (ETH). To do that, you need to register on any of the credible crypto exchanges like Coinbase.

Buy Cryptocurrency With Cash

Once registered on the crypto exchange, you can buy BTC or ETH by paying cash through bank transfer or using an instant cash deposit (applicable in some countries).

Transfer Cryptocurrency To Altcoin Exchange

You will need to transfer your purchased cryptocurrency to an exchange that allows THETA trading. Some of the popular altcoin exchanges include, Binance, HotBit, and Poloniex. Just like other crypto exchanges, you will need to register on any of these first. While this may be valid, you may need to first check which of the altcoin exchanges allow THETA trading.

Deposit Your Crypto

After registering for altcoin exchange, you will be eligible to exchange your cryptocurrency. However, the exchange policies may vary depending upon the alt exchange you are using. If you want to deposit BTC to an exchange, you will find a string of random numbers saying ‘BTC address’ in the exchange app. Once you locate it, click on ‘Copy Address’ or simply select the address by right-clicking and copying the address.

Now, head to your crypto exchange e.g. Coinbase, and go to the Portfolio page. Once the page is open, click on your assets list and then click ‘Send’.

You can now paste the copied wallet address to the ‘Recipient’ field and click on ‘Send’ to proceed.

Once your exchange is successfully through, you will receive a confirmation email from your altcoin exchange.

Check out the Bitcoin weekly prediction as of June 14, 2021.

Buy And Trade THETA

You can now open your altcoin exchange and select BTC from the options above the search bar. We choose BTC because we are trading bitcoins to purchase THETA. Now, type “THETA” in the search bar and you will find the available sets of pairs.

Select the pair to see the price chart. Once you are ready to make the purchase, click on the green button ‘Buy THETA’.

Following the above-mentioned steps, you can easily buy Theta Network (THETA) with your BTC or ETH on any of the altcoin exchanges.