Swap Tracker
All Coins

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.

tfuel-icon
tfuel-icon
tfuel-icon

Theta Fuel Price Stats

To help you make a decision about exchanging your Theta Fuel, we gathered some cold hard numbers: Theta Fuel price chart and other stats, such as Theta Fuel market cap.

24H HIGH

24H HIGH $0.04559

TFUEL MARKET CAP

TFUEL MARKET CAP $445,600,000

CIRCULATING SUPPLY

CIRCULATING SUPPLY 10,000,000,000 TFUEL

24H LOW

24H LOW $0.04422115

TFUEL PRICE

TFUEL PRICE $0.04456

24H VOLUME

24H VOLUME $1,151,191.703

SwapSpace Reviews

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 Network is an open-source blockchain protocol created to improve the process of developing, broadcasting, and consuming online video content. 

The viewers on the platform can get rewards for sharing their bandwidth and resources with other peers and participating in securing the network. Thanks to the decentralized ledger technology, the Theta network offers smoother video streaming of higher quality, while reducing the cost of delivering the content. It also lets multimedia platforms save money on creating infrastructure and advertising and subscriptions. The network also allows developers to launch decentralized applications like DeFi and NFTs on its fully-featured EVM-compatible network.  

The Theta Fuel and its ecosystem were founded by Mitch Liu and Jieyi Long in 2017. Liu has a long experience in the gaming, video, and virtual reality industries and he even co-founded a video advertising firm Tapjoy, a mobile social gaming start-up Gameview Studios, and the THETA.tv live streaming platform whose dApps were first to be implemented on the Theta network. Long has a multi-year experience in related industries such as design automation, gaming, VR, and large-scale distributed systems. He also created multiple peer-reviewed papers and holds some patents in video streaming, blockchain, and virtual reality.  

The Theta blockchain utilizes a Proof-of-Stake consensus mechanism to provide security, so the users can earn rewards from staking. Additionally, it adds a multi-level Byzantine Fault Tolerance Consensus Mechanism to achieve better security and higher transaction throughput. 

Even though Theta doesn’t have other very famous team members, it is backed by huge corporate investors including Digital Media Investments, CAA (Creative Artists Agency), Sierra Ventures, VR Fond, etc. 

First, the project idea was introduced on Medium, and after a few months, in January 2018 the team started to distribute its ERC-20 token. The Theta 1.0 mainnet was realized in March 2019 and each holder of the Theta token received 5 TFUEL coins. After the initial distribution of 5 billion TFUEL, the supply increase target was set. The supply of TFUEL tokens increases by 5% every year. 

In July 2021 Theta rolled out its mainnet 3.0, which has the support of smart contracts. It is one of the steps the project’s team takes to boost user engagement and retention. The smart contracts on the Theta blockchain allow the ownership of digital assets. transparent royalty distribution, trustless crowdfunding mechanisms, novel payment consumption patterns, and so on.  

Recently the project announced the launch of the mainnet 4.0 planned for December 1, 2022. It will support Web3 business. Another plan is to create a Theta Metachain that is described as a “chain of chains”. 

The project has two tokens. TFUEL should not be confused with THETA, which is a governance coin of the Theta blockchain supported by thousands of community-run Guardian nodes and its Enterprise validators, including Google, Binance, Blockchain Ventures, Gumi, and Samsung. 

Theta Fuel is the operational token of the network, used to power the network and pay the gas fees on it. New tokens for paying staking rewards are minted every year. As of August 2022 the circulating supply of the TFUEL token is 5.3 billion. 

A Simple Way To Exchange Theta Fuel Here At SwapSpace

Step 1
Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 1600 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2
Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3
Step 3

Transfer funds

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!

Step 4
Step 4

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: support@swapspace.co.

Featured Price Predictions

Frequently Asked Questions

How to buy Theta Fuel?

Will Theta Fuel go up?

Is Theta Fuel a good investment?