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Theta Fuel, the operational token of the Theta Protocol, works as the utility token for payments to relayers for sharing a video stream, or for interacting with smart contracts. TFUEL also serves as the gas token of the protocol.
About Theta Fuel
Mitch Liu and Jieyi Long are regarded as the founders of the entire Theta ecosystem and Theta Fuel coin in 2017. Theta has a long list of investors as Sony Innovation Fund, Samsung NEXT, CAA Creative Artists Agency, DCM, Sierra Ventures, and many more.
• It is used for interacting with smart contracts and also serves as a gas of the protocol.
• It works on the ‘Proof-of-Stake’ consensus algorithm.
• It has a market capitalization of almost $2 Billion.
• Theta Fuel (TFUEL) serves as a means of payment for setting up caching nodes and as fees for NFTs and Defi applications.
Theta Fuel (TFUEL) is designed to serve as the utility token in data delivery and decentralized video on the Theta blockchain. If you are looking to buy a Theta Fuel coin, then you can check for third-party cryptocurrency exchanges like Coinswitch Kuber.
Theta Fuel ensures greater security, speedy transactions, and a trustless approach. You can use Theta Fuel (TFUEL) in the following ways:
• Streaming: Earn Theta fuel coins for every minute of stream viewing on the Theta TV.
• International Transfers: Theta fuel coins could be transferred easily to family and friends.
• Smart contracts: Theta fuel is also used for deploying and interacting with smart contracts.
• Investment: Theta fuel has grown exponentially in the past which makes it a good investment.
• Content Creator: Anyone can become a streamer on Theta TV to earn TFUEL through contributions from viewers.
• Transaction: The transaction process is efficient as it runs on the Ethereum blockchain.
• Bandwidth: Theta Fuel coins can be earned by providing bandwidth to the network.
• High-grade encryption: Protects your privacy and ensures complete anonymity.
• Unlimited supply: The Theta Fuel coins are unlimited which can possibly diminish their value.
• Giant Competitors: Bitcoin and Ethereum are its largest and most popular competitors.
You can start investments and trade with just Rs.100.
• Allows instant withdrawal and deposit directly to bank accounts.
• Intuitive and straightforward UI.
• Easily track your transactions and manage your portfolio.
Theta Fuel didn’t have an ICO of its own but 5 TFUEL coins were distributed to people who held 1 Theta. Theta Fuel coins could be purchased on coin exchanges or you can earn them by viewing streams.
Gala
Theta FuelGalaPrice
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1. How does Theta Fuel cryptocurrency work?
Theta Fuel serves as the utility token in data delivery and decentralized video. It also acts as a gas token in the protocol.
2. How to buy Theta Fuel cryptocurrency?
You can buy Theta Fuel coins online on any cryptocurrency exchange. Furthermore, you can earn coins by viewing streams on Theta TV.
3. How Many Theta Fuel Coins Are There?
There are 5.3 billion Theta Fuel coins in existence which increases as people stake rewards.
4. How to invest in Theta Fuel cryptocurrency?
You can invest in Theta Fuel (TFUEL) using the CoinSwitch app.
Highlight
Theta Fuel works as the utility token for payments to relayers for sharing a video stream, or for interacting with smart contracts
TFUEL Price Today
TFUEL Price
₹0.75
Price Change 24h
0%
Price Change 7d
0.37%
Market Rank
#351
Market Cap
₹537 Cr.
Trade Vol 24h
₹14 Cr
Circulating Supply
₹739 Cr. TFUEL
Trading Activity
33% Buy67% Sell
Convert Theta Fuel (TFUEL) to INRBuy Theta Fuel (TFUEL)Theta Fuel (TFUEL) PriceHow to Buy Theta Fuel (TFUEL)Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
