
Binance Convert & OTC Portal Onboards THETA, AVAX, ICP and TFUEL
OTC customers of the Binance crypto exchange, which recently completed a burn, can now trade any of these pairs with BTC and other cryptocurrencies.
$0.0657
1H
-0.70%$0.0005
24H
-1.57%$0.0010
7D
-8.09%$0.0058
30D
-59.3%$0.0957
Theta Fuel 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.
OTC customers of the Binance crypto exchange, which recently completed a burn, can now trade any of these pairs with BTC and other cryptocurrencies.