Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.
Note: this cryptocurrency is not available for withdrawal to external crypto wallets. It can be bought, held, and sold on Uphold.
About Theta (THETA)
Theta Token (THETA) is the native digital currency of the Theta Network. Theta Network provides a blockchain protocol built to empower the creation and streaming of online video content.
The Theta Network rewards users for sharing unused computing bandwidth on a peer basis. The blockchain was designed to allow peer-to-peer video transmission for greater efficiency than access from the initial distributor while at the same time maintaining intellectual property control for the content creator. Bandwidth providers receive a utility token, TFuel.
By solving the “last-mile” delivery problem facing streaming services, THETA was built to capitalize on the demand for high resolution, high bit rate 4k, 8k, and next-generation streaming services. According to a study by Grand View research in February 2021, the total market size for streaming video globally exceeds $40 billion and is projected to expand by a compound growth rate of over 20% until 2027.
Theta Labs, creator of the Theta network, has received multiple patents for processes in the US that cover the network’s “Peer Discovery” algorithm technology to create faster viewing across the full open-sourced blockchain. Theta Labs has secured Google, Sony, and Samsung as Theta Enterprise validators, while media companies including MGM and Lionsgate are on board as content partners. Theta Labs was founded in 2017 as a subsidiary of virtual reality technology firm Sliver.tv.
What is the price of THETA?
THETA has a total token supply of 1 billion which is fully in circulation. In March 2021, THETA’s market cap briefly swelled to $11.5 billion, pushing it into the top 10 largest digital currencies by total market value.In mid-April of 2021, THETA hit an all-time high above $15 but one month later, as of May 16, 2021, it was 40% lower, down to about $9.
How to buy Theta (THETA)
With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet.
Nothing could be easier.
Here’s how fast it is to get started:
1. Go to Uphold.com and click sign up.
2. Enter your email address and personal details.
3. Click the link we send you and create a password
… and you’re off to the races!
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