BitTorrent BTTOLD Rank #211


Learn to invest in BitTorrent (BTTOLD) Token - What it is, price and benefits

BitTorrent Exchanges

Exchange Market Pairs Buy
PancakeSwap (V2) LTC/WBNB -
Bitci DGB/TRY -
Coinone BTC/KRW -
Korbit MED/KRW -
Binance TR LTC/BUSD -
Tokocrypto LTC/USDT -
Azbit BTT/USDT -
Upbit DGB/BTC -
Bibox XEM/USDT -
Mexo Exchange BTTOLD/USDT -
CoinTiger TRX/BITCNY -
To learn more about this project, check out our in-depth study on BitTorrent. What is BitTorrent (BTT)? BitTorrent is a popular peer-to-peer (P2P) torrent and file-sharing platform that has become increasingly decentralized in recent years. Originally launched in July 2001, BitTorrent was purchased by the TRON blockchain platform in July 2018. Since its acquisition, BitTorrent has added several new tools, with a dedicated native cryptocurrency token, BTT, launched in February 2019. BTT was launched on the TRON blockchain, using its TRC-10 standard. According to its official literature, BitTorrent is currently the "largest decentralized P2P communication protocol" in the world. Who are the founders of BitTorrent? The original BitTorrent is the brainchild of Bram Cohen, a developer and entrepreneur who has since risen to fame in the cryptocurrency field. Cohen explained that he designed BitTorrent to usurp the outdated entertainment industry, which made obtaining material slow and expensive. The platform has seen multiple legal battles, with Cohen claiming not to violate copyright laws by allowing users to share files such as music and movies with each other. In 2018, Tron completed the acquisition of BitTorrent, bringing BitTorrent under the control of Justin Sun. Sun is known for listing both TRON as a cryptocurrency and its blockchain technology, offering $4.5 million to a charity auction to have lunch with Warren Buffett (a well-known anti-cryptocurrency personality) and discuss crypto with him. addition of the cryptocurrency to BitTorrent, as the BTT token was launched on the TRON blockchain. The move was part of TRON's efforts to add more decentralized functionality to the platform. What makes BitTorrent unique? BitTorrent's original goal was to disrupt the legacy entertainment industry and how consumers obtain content. Expensive and inefficient distribution networks were the main focus, and original developer Bram Cohen saw the benefits of allowing Internet users to distribute content directly to each other. Under TRON, BitTorrent has broadened its appeal to users interested in decentralized solutions and cryptocurrencies, as well as its own user base. Among the added features is BitTorrent Speed, which uses the BTT token as part of its operations. BitTorrent has also expanded into paid services, offering several "premium" versions of its platform that include VPN capabilities and ad-free browsing. Related Pages: Read more about Upfiring here. Read more about AXEL here. New to cryptocurrencies? Find the answers to all your questions on Alexandria, CoinMarketCap's dedicated educational resource. How many BitTorrent (BTT) coins are there in circulation? BTT is the native cryptocurrency of BitTorrent, issued on the TRON blockchain as a standard TRC-10 token. The total supply, as stated in their whitepaper, is 990,000,000,000 BTT. 6% of that total was available in a public token sale, 2% in a private token sale, and 9% in an initial sale. Another 20.1% is reserved for airdrops, which are expected to occur at various points through 2025. The BitTorrent team and umbrella organization, the BitTorrent Foundation, has earned 19% of the supply. The TRON foundation owns 20%, with 19.9% ​​going to the BitTorrent ecosystem itself. A final 4% of the tokens are set aside for association activities. BTT plays several roles in BitTorrent products, including allowing users to pay others for faster downloads with BitTorrent Speed. How is the BitTorrent network protected? BitTorrent claims to use "the highest level of security measures" to protect user funds, but warns that cryptocurrencies carry inherent risk. The company recommends users to protect themselves from theft, in the form of malware or similar programs, by using options such as biometric verification. Where can you buy BitTorrent (BTT)? BTT is tradable with cryptocurrencies, stablecoins and even fiat currencies on major exchanges Binance, Huobi Global and OKEx are among the offerings. To learn more about how to buy Bitcoin (BTC) or any other cryptocurrency, read CoinMarketCap's easy guide.