This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Thetan Arena?

Thetan Arena (THG) is a functional utility token used as the medium of exchange within the Thetan Arena ecosystem. It incentivizes users to participate in various activities such as tournaments, marketplace transactions, and governance by offering rewards in the form of THG tokens. THG tokens can be earned through gameplay, staking, and completing challenges, and they enable users to vote on governance proposals, ensuring decentralized community governance.

How is Thetan Arena used?

Thetan Arena (THG) is a functional utility token used as the medium of exchange between participants on the Thetan Arena platform. It provides a convenient and secure mode of payment and settlement within the ecosystem. THG does not represent any shareholding or interest in the company and is not intended to be used as a medium of exchange for goods or services outside of Thetan Arena.

Earning THG

Users can earn THG by participating in various activities on the platform, such as:

  • Participating in tournaments
  • Engaging in the Marketplace
  • Staking Thetan Heroes and completing challenges
  • Participating in governance by creating and voting on on-chain proposals
  • Completing certain tasks and achieving specific milestones.
Claiming THG

Players can claim THG tokens from gTHG earned in the game. The first claim requires a player account to have been created for at least 12 days, and subsequent claims can be made every 48 hours. A 4% transaction fee based on the claimed THG is charged in gTHG, with a minimum chargeable fee of 5 gTHG.

Utilities

THG is used to enable usage and interaction within Thetan Arena, providing economic incentives to encourage user participation and contribution. It is an integral part of the platform, as it incentivizes users to expend resources and participate in activities that benefit the ecosystem.

How do I store Thetan Arena?

To store Thetan Arena (THG) tokens, you have several options:

  1. Metamask Wallet: You can add the THG token to your Metamask wallet by following these steps:

    • Unlock your Metamask wallet.
    • Scroll to the bottom of the assets tab.
    • Click the "Add Token" button.
    • Select the "Custom Token" tab.
    • Enter the token contract address.
  2. Exchanges' Wallets: You can store your THG tokens on exchanges' wallets, such as Binance Wallet, if you plan to trade them frequently.

  3. Crypto Wallets: For long-term storage, you can use crypto wallets like Trust Wallet. These wallets offer better security and flexibility.

  1. Cold Wallets: For maximum security, consider using cold wallets, which are offline and less vulnerable to hacking.

  2. Atomic Wallet: Atomic Wallet is another option that supports THG tokens, offering private and secured storage, as well as anonymous swapping for over 1000 crypto pairs.

Remember to always prioritize security and choose a wallet that fits your needs and risk tolerance.

How to buy Thetan Arena?

To buy Thetan Arena (THG) tokens, you can follow these steps:

  1. Choose a Centralized Exchange (CEX):

    • Register an account on a reliable CEX that lists THG, such as MEXC.
    • Complete the Know Your Customer (KYC) verification process.
    • Deposit funds into your account using methods like credit cards, bank transfers, or other supported payment options.
  2. Buy THG Directly:

    • Navigate to the "Buy Crypto" section and select THG as the desired token.
    • Choose your preferred payment method and complete the purchase.
  3. Buy THG via Stablecoin:

  • Purchase a stablecoin like USDT first.
  • Use the stablecoin to buy THG on the spot market.
  1. Use a Decentralized Exchange (DEX):

    • Download and set up a compatible crypto wallet like Trust Wallet or Metamask.
    • Buy the mainnet cryptocurrency of the blockchain the DEX runs on (e.g., BNB for Binance Smart Chain).
    • Transfer the cryptocurrency to your wallet.
    • Connect your wallet to the DEX (e.g., Pancake Swap).
    • Swap your cryptocurrency for THG using the contract address: 0x9fd87aefe02441b123c3c32466cd9db4c578618f.
  2. Add THG to Your Wallet:

    • If using Metamask, add the THG token manually by entering the contract address.

Remember to always follow security guidelines and be cautious of scams.

Discover
Thetan Arena
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of Thetan Arena

Discover
Thetan Arena
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How Thetan Arena works

Discover
Thetan Arena
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Thetan Arena's strengths

Thetan Arena's risks

Discover
Thetan Arena
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did Thetan Arena raise funds?

Discover
Thetan Arena
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Thetan Arena’s team

Whalee AI

The fundamental analysis assistant for crypto value investors.

Latest news

Want an analysis of this token? Tell us on Discord