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Theta Fuel (TFUEL): Everything you Wanted to Know as a Beginner before Investing!

Theta Fuel (TFUEL) is one of the top 100 most popular cryptocurrencies currently. In terms of market cap, it is currently the 74th largest digital currency (over US$1.58 billion in market capitalizations). Should you invest in it? Is it a good investment? To answer all your queries, let me walk you through Theta Fuel, how it works, and many more.

What Is Theta Fuel Coin (TFUEL)?

Theta blockchain has two native tokens: Theta (THETA) and Theta Fuel (TFUEL). It is the native tokens that power the internal economy. While the THETA token is the governance token, TFUEL works as the utility token serving decentralized video and data delivery. 

Theta Fuel token also acts as a gas token, powering all operations on the Theta blockchain such as:

  • Payments made to relayers to share a video stream
  • Deploy and interact with smart contracts
  • Fees associated with the transaction of NFTs (nonfungible tokens) and DeFi (Decentralized Finance) applications.

TFUEL is also utilized for incentivizing those Theta ecosystem users who share their:

  • Redundant computing power as Edge Compute nodes.
  • Bandwidth resources as Edge Caching nodes to video streams and other data.

Mitch Liu and Jieyi Long cofounded the entire Theta Ecosystem along with the Theta Fuel token (TFUEL). 

Theta Fuel (Theta Fuel): Facts & Figures

All these facts and figures (as of Oct 23, 2021) will help you to make a decision on investing in Theta Fuel. Before making TFUEL coin transactions, check out these facts and figures associated with this cryptocurrency of choice:

  • Theta Fuel TFUEL Price: US$0.2999 (Current Coin Prices)
  • Trading Volume (24h volume): US$84,678,567
  • All-Time High (ATH) Price: US$0.6807 (reached on Jun 09, 2021)
  • All Time Low (ATL) Price: US$0.0008894 (reached on Mar 13, 2020)
  • 24h Low: US$0.2881
  • 7d Low: US$0.2727
  • YTD (Year-To-Date) Return: 795.69% YTD (Year-To-Date)
  • Market Cap: US$1,587,430,431 (US$1.59 billion)
  • Crypto Rank (in terms of market cap): 74
  • Fully Diluted Market Cap: US$1,589,818,088
  • Max Supply: ---
  • Total Supply: 5,301,214,400
  • Circulating Supply: 5.30 Billion TFUEL

These are the facts that made Theta Fuel a preferred medium of exchange. Always check out market data and technical analysis before trading or investing. Also, consult crypto financial advisors and get tips from them on trending coins. 

How Is the Theta Fuel Network Secured?

To provide top-notch security to the Theta Fuel network, the Theta blockchain not only depends upon Proof of Stake consensus algorithm but also adds a multi-level Byzantine Fault Tolerance (BFT) consensus mechanism on the blockchain. This helps in achieving improved security in addition to higher transaction throughput. The own users secure the THETA network, thanks to the financial incentive scheme for ensuring the participation of users in governance activities.

Where can you Buy Theta Fuel Tokens?

You can buy Theta Fuel coins in almost all reputed cryptocurrency exchanges including:

  1. Binance
  2. Huobi Global
  3. KuCoin
  4. Gate.io
  5. Bithumb, and many more.

You can use credit cards, debit cards, or money transfers from a bank account to fund your cryptocurrency trading or investing account in a leading cryptocurrency exchange. 

The most popular price pairs of FIL are:

  • TFUEL/USDT
  • TFUEL/BTC
  • TFUEL/BUSD
  • TFUEL/ETH
  • TFUEL/BNB
  • THETA/EUR, and many more.

Before investing, check out historical data of token Theta Fuel, crypto news, Theta Fuel price charts, price performance, TFUEL to USD exchange rate, and others.

What are the Best Crypto Wallets to Store Theta Fuel Tokens?

The best Theta Fuel wallets to store Theta Fuel coins are:

  1. Ledger Nano
  2. Trust Wallet
  3. Theta Wallet App
  4. Theta Web Wallet
  5. Theta Chrome Extension

Invest in Theta Fuel and Other Cryptocurrencies

You can buy and sell TFUEL and other virtual currencies against various fiat currencies (US Dollar USD, British Pound, Canadian Dollar CAD, South Korean WON, Singapore Dollar, Taiwan Dollar, Russian Ruble, Chinese Yuan, Hong Kong Dollar, etc.) through a wide array of crypto exchanges (centralized or decentralized exchanges), crypto APIs or mobile app, and Theta Fuel markets. Use Dollar Cost Averaging DCA strategy to invest in cryptos to minimize the risks associated with high volatility. 

If you want to increase your investment explosively in the coming 5-to-10 years, buy crypto coins now. Keep an eye on the market news, price statistics, block times, blockchain news, and others to time your trading of Defi protocols and tokens for maximum profit. 

You can also diversify your crypto coin portfolio by including other cryptocurrencies such as TFUEL, XMR, FIL, ETC, WBTC, BCH, BTC, AAVE, Ripple XRP, Bitcoin Ether ETH, Bitcoin Gold (also called Bit Gold), Bitcoin Cash BCH, Basic Attention Token, Ethereum Classic, Shiba Inu SHIB, Binance Coin, Wrapped Bitcoin (some also call it wrap bitcoin or wBTC), USD Coin, Gemini Dollar, ERC20 tokens (created on Ethereum blockchain), nonfungible tokens NFTs, and others. 

Also, invest in various types of stocks, mutual funds, index funds, real estate, and others to improve your personal finance. If possible, get help from a portfolio manager or wealth management firm for maximum return.

Invest in NapBots: A Dynamic Cryptocurrency Index

Whether you are a professional or retail investor, you can expose your capital to a diversified portfolio of digital assets & crypto asset classes by simply investing in NapBots. It is a smart crypto index service that introduces multifarious features and passive portfolio management strategies for enabling cryptocurrency investors to streamline their trading experience in new ways. 

NapBots provides you various indices that include a basket of tokens with high market capitalization and are categorized by theme (such as Solana, NFT, DeFi, and others). This platform introduces an intuitive interface as well as advanced allocation tools for enabling new investors to create and manage advanced crypto indices easily.

The best part of NapBots is that it tracks and executes trades automatically on the basis of your pre-set choices of indexes. The platform is very affordable as it enables you to start trading as low as US$150 with a monthly service fee of just 2.5%, which is far below the current rate of other cryptocurrency index providers. Therefore, NapBots reduces the financial barriers and at the same time eliminates the need for human intervention and the consequent human error. 
Get started with crypto-asset investing by investing through napbots.com, a dynamic crypto index for expanding diversified exposure to bitcoin and leading crypto-assets at reduced financial barriers and no human error.