Theta is a decentralized video streaming platform, which offers its token as a compensation to the builders and supporters of its community of peer-to-peer video streaming networks.
Basically, users on this platform or subscribers can access or leverage a wide array of redundant but usable bandwidth and memory functions to augment the video streaming capacity of the current traditional streaming model, enabling the network to be fast and also cuts down on the huge maintenance and service costs. This would have been burdened on a single entity in an alternate (centralized) CDN service provider, which also spills over to other stakeholders.
The problems being identified by the Theta investment is quite real and brings about prospects and a viable market for investors to disrupt the localized and strained economy of digital streaming networks.
You can buy THETA from about 5 exchanges so far, which are currently trading the asset with BTC, ETH, and USDT. The exchanges where the coin is listed are quite popular, however, because of their few numbers, you may have to register on one of them if you are not already a client to the exchange.
Moreover, it would seem USDT has more trading volume compared to the other pairs followed by BTC. So for liquidity sake, you may want to consider buying using USDT, however that means you will have to buy USDT using Bitcoin or any other altcoin if you don’t already have it, which may be inconvenient because of transaction fees, but you could also buy directly using BTC or ETH to save all the trouble.
Theta Token is an Ethereum based token and can be stored off the exchanges onto any of the ERC-20 compatible wallets or a hardware wallet like Ledger Nano.