This article will also tell you how to use Theta Fuel and how to get TFUEL coin, by the way the best option is StealthEX. All this and much more
What Is Theta Fuel TFUEL Crypto? TFUEL Price Prediction. How To Get TFUEL Coin?
If you are wondering what the TFUEL coin is, you have come to the right place. This article will also tell you how to use Theta Fuel and how to get TFUEL coin, by the way the best option is StealthEX. All this and much more in our new article. So let's roll.
- What is Theta Fuel TFUEL Coin?
- How Theta Fuel Is Used
- What problems does Theta Fuel solve
- Where to store TFUEL Crypto?
- Theta Fuel Coin Prospects
- TFUEL price prediction
- TFUEL Price Live Data
- How To Get TFUEL Coin?
- How To Buy Theta Fuel Token?
What is Theta Fuel TFUEL Coin?
Theta is a blockchain-based decentralized transmission network. Its users share bandwidth and computing resources.
The goal of this blockchain project is to remove barriers between content creators and consumers, make data delivery and video streaming processes decentralized, fast and easy.
The project uses 2 tokens on its network, and Theta Fuel (TFUEL) is one of them.
How Theta Fuel Is Used
The TFUEL coin is a platform token that is created for the decentralized transmission of video content and other data. This coin is intended to support all transactions on the Theta blockchain. It includes:
- Payments to repeaters for joint use a video stream.
- Deployment and interaction with smart contracts.
- Fees associated with NTF transactions and DeFi apps.
What problems does Theta Fuel solve
The live streaming industry has a lot of problems today, including:
- Low-quality videos. Modern content delivery networks (Akamai, AWS Cloudfront, etc.) lack reach. As a result, it causes video rebuffering, and people in different parts of the world have to wait for a long time to access the content.
- Users prefer watching high-quality content. Most people are looking for videos in 4k or 8k. However, it's challenging because it's more expensive to reach higher-quality streaming networks.
- Centralized and inefficient infrastructure. Due to centralization, video creators and streaming networks have fewer opportunities, and it results in lower revenues.
But thanks to the coins Theta Network and Theta Fuel, its users receive as rewards, these problems can be solved.
Where to store TFUEL Crypto?
Theta has its wallet available for desktop and mobile users. This program will keep your tokens safe thanks to the mnemonic phrase that you will have to use as a key. To make it even more secure, you can integrate it with a Ledger or Trezor hardware wallet.
Also, you can use Theta Wallet Extension, which is a great option for accessing your digital assets in the browser. It allows you to have multiple accounts, send TFUEL, bet on guardian nodes, and manage your TNT-20 tokens.
Theta Fuel Coin Prospects
According to the roadmap, the TFUEL developers have many plans for the future. In early June 2021, they made updates to Mainnet 3.0 that should be released in mid-summer 2021.
The team will also launch the second version of Edgecast's fully decentralized streaming dApps in Q3 2021. And they will launch an advanced platform for smart contract developers by the end of the year.
Many third-party companies support Theta Network. For example, BitBoy, a popular crypto streamer, launched its Theta NFTs on ThetaDrop in May, and DHVC joined the Theta Enterprise Validator and Governance Council in mid-June 2021.
TFUEL price prediction
Since the Theta project and the TFUEL crypto team have such big plans for future development, experts believe that the price of TFUEL can grow and this token can become a great investment. This coin already reached its top index in early June 2021. But according to Digitalcoinprice, the price of the TFUEL token will exceed $ 0.686 early next year. The WalletInvestor team has an even more positive Theta Fuel coin price prediction and believes that TFUEL will cost $ 1,092.
TFUEL Price Live Data
The live Theta Fuel price today is $0.347029 USD with a 24-hour trading volume of $88,305,810 USD. Theta Fuel is down 3.18% in the last 24 hours. The current CoinMarketCap ranking is #49, with a live market cap of $1,839,676,801 USD. It has a circulating supply of 5,301,214,400 TFUEL coins and the max. supply is not available.
Source - CoinMarketCap, Data was taken on 10 July 2021
How To Get TFUEL Coin?
TFUEL is now available on many cryptocurrency exchanges, and StealthEX is one of them. This platform is easily accessible, allows you to exchange other digital currencies to TFUEL without hidden charges, and you can choose a rate (fixed or floating) for the transaction. Also, you can buy some coins for fiat money (EUR, GBP, USD, RUB).
How To Buy Theta Fuel Token?
To buy TFUEL crypto just go to StealthEX and follow these easy steps:
- Choose the pair and the amount for your exchange. For example, BTC to TFUEL.
- Press the “Start exchange” button.
- Provide the recipient address to which the coins will be transferred.
- Move your cryptocurrency for the exchange.
- Receive your coins.
After all, Theta Network has to improve a lot and add many more services to make its platform the best in the video streaming industry. But its developers have already done a lot to simplify access to high-quality content for everyone, and many investors already appreciate the opportunity to obtain TFUEL tokens for particular activities. So this token is a great investment if you are looking for a cryptocurrency whose price will continue to grow in the long term.
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