What Is Theta Fuel (TFUEL) Coin?

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 aimed to support all transactions in the Theta blockchain. It includes:

  1. Payments to repeaters for joint use a video stream.
  2. Deployment and interaction with smart contracts.
  3. Fees associated with NTF transactions and DeFi apps.

What Problems Theta Fuel Solves?

The live streaming industry has lots of problems today, including:

  1. 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.
  2. 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.
  3. Centralized and inefficient infrastructure. Due to centralization, video creators and streaming networks have fewer opportunities, and it results in lower revenues.

Where To Keep TFUEL Crypto?

Theta has its wallet available for desktop and mobile users. This program will keep your tokens safe thanks to the mnemonic phrase you will have to use as your key. To make it even safer, you can integrate it with a Ledger or Trezor hardware wallet.

Theta Fuel Coin Prospects

According to the roadmap, the TFUEL developers have a lot of plans for the future. At the beginning of June 2021, they made updates on Mainnet 3.0 which must be released in the middle of summer 2021.

TFUEL Price Prediction

Since the Theta project and TFUEL crypto team has such huge plans for future development, experts believe that TFUEL price can grow, and this token may become a great investment. This coin already reached its top index at the beginning of June 2021. But according to Digitalcoinprice , the TFUEL token price will be over $0.686 at the beginning of next year. The WalletInvestor team has an even more positive Theta Fuel coin price prediction and thinks TFUEL will cost $1.092.

What Is Theta Fuel Coin Price Today?

Today THETA token price is 0.35 USD.

Conclusion

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 make access to high-quality content simplified for everyone, and the opportunity of getting TFUEL tokens for particular activities is already appreciated by many investors. So this token is a great investment if you are looking for a cryptocurrency whose price will keep growing in the long term.

How To Get TFUEL Coin?

TFUEL is now available on many cryptocurrency exchanges, and StealthEX is one of them. This platform is easy to access, it lets you exchange other digital coins to TFUEL with no hidden fees, and you can choose a rate (fixed or floating) for the transaction. What’s more, 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:

  1. Choose the pair and the amount for your exchange. For example, BTC to TFUEL.
  2. Press the “Start exchange” button.
  3. Provide the recipient address to which the coins will be transferred.
  4. Move your cryptocurrency for the exchange.
  5. Receive your coins.

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