Theta Drop Review
When you discuss NFT marketplaces, you might not mention Theta. After all, it’s not as famous as other platforms. Even so, it’s one of the most relevant sites you should keep in mind, especially if you’re buying art NFTs.
This review explains all the essential aspects you should know about Theta Drop if you’re thinking about using it to add more NFTs to your collection. It also describes how it started, its available payment methods, and more.
Theta Drop at a Glance
- It’s an NFT marketplace
- It started with the Poker World Series
- Theta offers thousands of NFTs to buy
- It’s famous because of its partners
Commissions and Charges
Registering on most NFT trading platforms requires you to pay for commissions, which is usually a percentage of the sale of your trade.
However, there is no information on Theta Drop’s website about commissions. Even so, for each transaction, you might have to pay a gas fee.
Unfortunately, Theta Drop does not have many payment options. You can’t pay via PayPal or other digital wallets.
To use Theta Drop, you have to use your MasterCard or Visa credit card or choose TFuel to make your payment.
If you want to make a payment, you need to click on the profile picture on the right side of the homepage. Once you’re in the navigation panel, press ‘go to scale’ to access the balance page.
Theta Drop Categories
Theta Drop includes various categories. You can find a lot of different NFTs depending on what you’re looking for. Here are some options:
Many investors love collectibles, and you have various alternatives available in Theta Drop, for example, Just Weird TV, Symbiote Creatives, and World Poker Tour.
You can also buy packs with Theta Drop, for example, a pack of different art pieces. It’s very convenient since it can be more budget-friendly.
Even though these are not available on all platforms, you can get them through Theta Drop. Examples include Secret Pineapple Society and Cyberpunk Animal.
About Theta Drop
Theta Drop is unique since it has been around for 10 years. It started in 2012 when cryptocurrencies were barely beginning to get famous, and it was initially launched with the World Series of Poker Digital Collectibles.
This platform is fantastic – it’s a reliable website to browse through and find NFTs, and the developers have focused on user experience, which is why the interface is so easy to navigate.
Using Theta Drop
Navigating through Theta Drop’s platform is immensely straightforward. You can scroll down the marketplace and find what you want to buy or use the search bar to see if it helps you look faster.
The first step is to find the token you want to buy. To narrow your search down, you must use the different filters that the website offers you, for example, adding a partner or a gender.
Click on the NFT you want to acquire, press on ‘choose and buy,’ and then click on buy. After that, you should be able to see your NFT in your purchases. Remember that you have to complete the transaction, otherwise, you might not be able to visualize what you bought.
Buying NFT groups and limited editions are a bit more challenging, but you can still try your luck. Click on the NFT you’re interested in, and press ‘join the waiting list.’ Once the warehouse opens, you’re able to try your chances and see if you can purchase these rare items.
If you’re a seller, the process is similar. However, you need to have an NFT in your collection if you want to sell it. At the same time, this platform still does not offer you the option of downloading NFTs, so keep that in mind when you’re using it.
To sell, you have to go to your collection, click on the item you want to get rid of, and then press ‘sell item.’ After that, you can either directly sell it or auction it.
Pros and Cons of Theta Drop
All platforms have advantages and disadvantages. Here are some of the pros and cons you have to consider when you use Theta Drop:
- The website is immensely easy to navigate
- It gives you numerous NFTs that you can buy
- Its partners include famous people like Katy Perry
- You only have a couple of payment options
- It lacks functionality if you want to make NFTs
A Few Interesting Facts about Theta Drop
Theta Drop is older than many other NFT platforms, and it’s because it started with the Poker World Series.
It has thousands of NFTs available, which is one of the reasons why so many people like it. Since it works with different famous partners, it’s a very attractive platform.
Even though it only has a couple of payment methods available, developers are working on adding more as soon as possible.
You can’t create NFTs yet, but once Theta opens its public marketplace, you will be able to do that, download NFTs, and more.
Theta Drop does not offer as many options as other sites, but it’s still one of the best alternatives you could go for.
It has thousands of NFTs to purchase, and the website is expanding to provide you with more options to choose from, for example, different payment methods.
This platform started in 2012 and it has grown immensely over the years, which is why many users can confirm its validity and convenience when it comes to looking for beautiful NFTs.
Finally, since Theta Drop is so easy to use, it benefits beginners since you don’t need to think about complicated processes or challenging setups to open your account and start using it.