Exchange Theta Fuel (TFUEL)
If you're looking to swap Theta Fuel, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Theta Fuel or some fresh information about TFUEL’s price movements. And, of course, we provide you with the multiple Theta Fuel exchange options so that you can choose the offer with the best rates and lowest Theta Fuel fees, as well as other parameters that suit you.
Theta Fuel Price Stats
Theta Fuel Price Chart
Here you can see the current price of Theta Fuel, as well as Theta Fuel price history.
What is Theta Fuel?
Theta Fuel (TFUEL) is an ERC-20 utility token powering Theta Network, a blockchain-based decentralized video streaming and delivery service developed by Theta Labs. TFUEL is one of the two tokens native to this network, the other being THETA, although the majority of operations (except for governance) require TFUEL and not THETA. The first implementation of Theta mainnet was launched in 2019 by Theta Labs. Since then, there’s been one major upgrade, with another one (the mainnet 3.0 launch) slated for June 2021.
Theta Network’s purpose is to solve some problems which plague streaming services and content delivery networks (CDNs), such as quality losses and high delivery costs. Theta’s algorithm incentivizes participating nodes to share their unused bandwidth and computing resources, creating a decentralized platform.
There are three types of nodes in the network:
- Edge nodes share their bandwidth, participate in some tasks and get rewarded with TFUEL;
- Enterprise validators – large nodes used for the initial block verification;
- Guardians (went live with the mainnet 2.0 update) – nodes that stake their THETA to confirm the blocks previously checked by validators and claim TFUEL rewards.
This two-layer validation system is one of the most prominent features of Theta Network since it’s such a clever technology. New functionality is being constantly added through updates, such as the possibility of 1-click delegated staking, TFUEL tokens burning as a transaction “tax”, NFT support, etc.
A Simple Way To Exchange Theta Fuel Here At SwapSpace
Choose a pair
Choose the cryptocurrencies you would like to exchange among more than 900 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.
Select the best rate
Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!
Receive your coins
You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: email@example.com.