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1623457800

How To Buy Theta Fuel Crypto Coin On Binance (TFUEL Token)

In this video I will show you how to buy theta fuel crypto coin on binance. It’s really easy and it will take you less than a minute to do so!

📺 The video in this post was made by How To Explained
️ The origin of the article: https://www.youtube.com/watch?v=_iw-obZ_OHc

🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
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How To Buy Theta Fuel Crypto Coin On Binance (TFUEL Token)
ACACIA  ADAM

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1623457800

How To Buy Theta Fuel Crypto Coin On Binance (TFUEL Token)

In this video I will show you how to buy theta fuel crypto coin on binance. It’s really easy and it will take you less than a minute to do so!

📺 The video in this post was made by How To Explained
️ The origin of the article: https://www.youtube.com/watch?v=_iw-obZ_OHc

🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
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Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

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What is Theta Fuel (TFUEL) | What is Theta Fuel token | What is TFUEL token

What Is Theta Fuel (TFUEL)?

Theta Fuel (TFUEL) is one of the two native tokens on the Theta blockchain. TFUEL should not be mistaken for  Theta Token (THETA), which is the governance token of the Theta blockchain supported by thousands of community-run Guardian nodes and its Enterprise validators including Google, Binance, Blockchain ventures, Gumi and Samsung.

TFUEL is the second token on the Theta blockchain that serves as the utility token in decentralized video and data delivery, it also acts as a gas token. This means that it is used to power all operations on the Theta blockchain, like payments to relayers for sharing a video stream, for deploying and interacting with smart contracts, and as fees associated with transacting NTFs and DeFi applications.

In addition, it is also used to incentivize users in the ecosystem who share their redundant computing power as Edge Compute nodes as well as bandwidth resources as Edge Caching nodes for video streams and other data.

What’s the difference between the Theta Token and Theta Fuel?

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Theta Token (THETA): The governance token of the Theta protocol. THETA is used to stake as a Validator or Guardian node, contributing to block production and the protocol governance of the Theta Network. By staking and running a node, users will earn a proportional amount of the new TFUEL generated. The supply of THETA is fixed at 1 billion and will never increase.

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Theta Fuel (TFUEL): The operational token of the Theta protocol. TFUEL powers on-chain operations like payments to relayers for sharing a video stream, or for deploying or interacting with smart contracts. Relayers earn TFUEL for every video stream they relay to other users on the network. You can think of Theta Fuel as the “gas” of the protocol. At Mainnet launch on March 15th, TFUEL will be created as a native token on the Theta blockchain.

Read more ☞What is THETA Network (THETA) | What is THETA Network token | What is THETA token

How will Theta Fuel be generated? At what rate?

The genesis distribution of Theta Fuel will happen when then Theta mainnet launches on March 15th. For each THETA that you hold when the Theta Mainnet launches, you will also receive 5 TFUEL to seed the ecosystem. To ensure you receive this initial distribution, make sure to follow our  mainnet token swap procedures.

After the initial distribution of 5 billion TFUEL (5 for each of the 1 billion THETA), the supply will increase at an initial annual target rate of 5%. The new supply rate will be determined at the protocol level, and can be adjusted as needed by protocol consensus to provide the appropriate amount of new supply as demanded by platforms on the Theta Network. Each network participant running a Validator or Guardian node will earn part of that new supply of TFUEL, proportional to the amount of THETA they are staking.

Will each viewer need to pay TFUEL to pull video streams on the Theta Network?

Technically that’s true at the protocol level, but the actual model implemented on  SLIVER.tv, and our initial partners like MBN and  Samsung VR, is that the cost of TFUEL falls on the video platform. Platforms subsidize users with the TFUEL necessary to pull video streams from relayers on the Theta Network. This makes sense, because video platforms are the ones most directly gaining from getting more viewers to pull their video stream from the Theta Network, in the form of lower CDN costs and higher user engagement. We think it’s critical that the end-user never has to go out and purchase any TFUEL tokens just to watch videos on the Theta Network — it’s just too much of a friction point for adoption.

Why introduce a second currency at all?

There are two key reasons to introduce a second token:

  1. First, this allows the utility and purpose of each token to be separated. THETA is used strictly for staking and securing the network, while TFUEL is used to power microtransactions and operations of the network. This is necessary because staking inherently decreases circulating supply, but video relay transactions and smart contracts will require a highly-liquid token that can facilitate millions of daily transactions.
  2. Second, two tokens are needed to solve governance issues that arise from using the same token for staking and operations. Because the token used for operations must be liquid, it would be easier for a malicious actor to accumulate a significant number of that frequently-traded token on the open market. If that same token is also used for staking, they could potentially threaten the security of the Theta Network by quietly acquiring a large amount of the staking token. By separating the two functions (staking and operations) into different tokens, that risk is greatly decreased.

Who Are the Founders of Theta Fuel?

Theta Fuel, and in extension, the entire Theta Ecosystem, was co-founded by Mitch Liu and Jieyi Long in 2017. Liu has a long history in the gaming, video and virtual reality industries, co-founding video advertising firm Tapjoy, mobile social gaming startup Gameview Studios, and THETA.tv, the live streaming platform whose DApp was the first to be built on the Theta protocol.

Jieyi Long is Theta’s second co-founder and CTO, following similar multi-year experience in design automation, gaming, VR, and large scale distributed systems. He authored multiple peer-reviewed academic papers and holds various patents in video streaming, blockchain and virtual reality.

Theta now has a modest team, and its official website lists strategic corporate investors as Samsung NEXT, Sony Innovation Fund, media investors BDMI Bertelsmann Digital Media Investments, CAA Creative Artists Agency, and traditional Silicon Valley VCs including DCM, Sierra Ventures and the VR Fund.

What Makes Theta Fuel Unique?

Theta’s main use case is decentralizing video streaming, data delivery and edge computing, making it more efficient, cost-effective and fair for industry participants. The network runs on a native blockchain, with two native tokens, known as Theta (THETA) and Theta Fuel (TFUEL), powering the internal economy.

Theta’s appeal is threefold: viewers get rewarded with better quality streaming service, content creators improve their earnings and middlemen — video platforms — save money on building infrastructure and increase advertising, subscription revenues. Users have an incentive to both watch network content and share network resources, as rewards come in the form of TFUEL tokens.

The platform is open source, and token holders receive governance powers as with many proof-of-stake (PoS)-based blockchain ecosystems. In addition to video, data and computing, Theta caters to developers looking to launch decentralized applications (DApps) such as DeFi and NFTs on its fully featured EVM-compatible smart contract platform.

How Many Theta Fuel (TFUEL) Coins Are There in Circulation?

As earlier mentioned, there are two coins in the Theta ecosystem; THETA and TFUEL. Both coins are used as the main tools for interaction on the Theta blockchain, yet serve different functions.

There are currently 5,232,675,200 TFUEL coins in circulation, which grows each year as new TFUEL is generated for staking rewards. Theta Tokens are fixed and at their max supply, which means there are 1,000,000,000 coins in circulation which will never increase.

Theta runs on the proof-of-stake algorithm, which means staking is possible. Since the amount of THETA in circulation is the max supply there will ever be, TFUEL is the reward for staking on the network. To qualify for staking, you have to stake at least 1,000 THETA to a Guardian Node or run your own Guardian Node.

How Is the Theta Network Secured?

The Theta Blockchain relies on a proof-of-stake consensus algorithm. It, however, adds a multi-level Byzantine Fault Tolerance ( BFT) consensus mechanism on its blockchain to achieve better security along with higher transaction throughput.

At the time of Theta Mainnet launch in March 2019, Theta introduced Guardian Nodes. With the Guardian Node, no single entity controls the majority of THETA tokens being staked at any one time. This further helps the network achieve a high transaction throughput of 1000+ TPS.

Theta uses a financial incentive scheme to ensure user participation in governance activities, and hence its network is secured by its own users.

Would you like to earn TFUEL right now! ☞ CLICK HERE

How and Where to Buy Theta Fuel (TFUEL) ?

TFUEL has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy TFUEL

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

After the deposit is confirmed you may then purchase TFUEL from the Binance exchange.

Exchange: Binance, Upbit, Gate.io, BitMart, and Hotbit

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once TFUEL gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

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Find more information TFUEL

WebsiteExplorerWhitepaperSource CodeSocial ChannelSocial Channel 2Social Channel 3Coinmarketcap

Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

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1624325400

How To Buy WazirX Crypto Token On Binance Exchange (WRX Coin)

In this video I will show you how to buy wazirx crypto token on binance exchange. It’s really easy and it will take you less than a minute to do so!

📺 The video in this post was made by How To Explained
️ The origin of the article: https://www.youtube.com/watch?v=U7C4H-ufO7c

🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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1624233600

How to Buy Binance Coin (BNB) in 2 minutes (2021 Updated)

How to Buy Binance Coin
0:13 What is Binance Coin
0:49 BNB Wallets
1:31 How to Buy Binance Coin (BNB)
📺 The video in this post was made by 99Bitcoins
The origin of the article: https://www.youtube.com/watch?v=ks2a4ZPI7tU
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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1623883320

Tutorial Buy Theta Crypto Token On Binance

In this video I will show you how to buy theta crypto token on binance. It’s really easy and it will take you less than a minute to do so!

📺 The video in this post was made by How To Explained
️ The origin of the article: https://www.youtube.com/watch?v=oQiu0RM5mC4

🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
⭐ ⭐ ⭐ Join to Get free ‘GEEK coin’ (GEEKCASH coin)! ☞ https://geekcash.org⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

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