How to buy THETA in the US? We provided a step-by-step guide to how to buy THETA in the US, in this article.
What is Theta Network?
Theta Network is a decentralized video delivery network that provides a wide range of blockchain-enabled solutions to the problems facing the traditional video-streaming sector. The platform provides high-quality video streaming at a reduced cost relative to traditional service providers, as well as multiple incentive mechanisms for decentralized bandwidth and content-sharing.
What is THETA coin?
The THETA coin handles the governance of the Theta protocol. Users can stake THETA to serve as a Validator or Guardian Node in order to help produce new blocks, and participate in the protocol's governance processes. The total supply of THETA coins is constant and fixed at 1 billion.
How to buy THETA in the US?
Here is a step-by-step guide to how to buy THETA in the US
Step 1: Open an online account.
If you sign up for Binance in the US, you'll need to verify your identity before you begin investing in cryptocurrency on its platform. Some information you'll need on hand includes your driver's license number, Social Security number, and home address.
Step 2: Get a wallet
Storing your crypto assets on an exchange is never a good idea. Several crypto exchanges have been hacked in the past, as these platforms are large targets for cryptocurrency hackers. Since the exchange holds custody of all its investors' funds, a security breach could lead to all of the cryptocurrency stored on the exchange being stolen.
To mitigate this risk, consider using a dedicated cryptocurrency wallet to store your assets.
Step 3: Make your purchase.
Once you've made an account and chosen how to store your crypto, you're ready to make your purchase. Binance supports trading Theta with THETA-BTC and THETA-USDT. While the USDT pair simulates investing with the US dollar, the Bitcoin -Theta pair allows you to trade Theta token with Bitcoin.
