BitTorrent (New) Price

(BTT)
USD($)
Bull BTC Club (BBC) Live Price Chart

BitTorrent (New) Live Price Data

The live price of BitTorrent (New) is $0.0000014322, with a total trading volume of $ 1.3M in the last 24 hours. The price of BitTorrent (New) changed by +11.53% in the past day, and its USD value has increased by +32.1% over the last week. With a circulating supply of 923.77T BTT, the market cap of BitTorrent (New) is currently -- USD, marking a --% increase today. BitTorrent (New) currently ranks #59 in market cap.
How do you feel about BitTorrent (New) today?
Note: This data is for reference only.
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BitTorrent (New)(BTT) Profile

altRank59
rateB
Expand
Contract
Tron TAFjULxi...Vp4BSC 0x352Cb5...34BEthereum 0xc66992...957
Audited By
--
Code & Community
Investors
--
$0.0000012795
$0.0000015016
--
+0.68%
+11.53%
+32.10%
-- 
$1.3M 
923.77T
990T

About BTT

How can I buy BitTorrent (New) (BTT)?

Buying BTT on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy BitTorrent (New) (BTT) for more information.

What Is BitTorrent (BTT) Crypto?

BitTorrent Token (BTT) is a cryptocurrency that is pivotal in the BitTorrent ecosystem. This ecosystem is built on the BitTorrent protocol, a decentralized, peer-to-peer file-sharing solution that revolutionizes how users transfer files without relying on centralized servers.

BitTorrent, founded in 2001, remains one of the largest decentralized protocols globally. In 2018, it formed a strategic partnership with the TRON blockchain, solidifying its position as the world's largest decentralized application (dApp).

BitTorrent has been at the forefront of dApp innovation for over a decade. Its decentralized services encompass a wide array of functionalities, including distributed messaging, P2P live video streaming, file synchronization, and distributed web hosting.

The TRON Foundation and the BitTorrent Foundation jointly developed BTT. Their collaboration aimed to establish a token-based economy that facilitates decentralized networking and resource utilization.

$BTT serves as a utility token within the BitTorrent ecosystem. Users can utilize BTT for various purposes, including network access, bandwidth, and storage.

How Does BitTorrent Work?

BitTorrent Token (BTT) operates through a hybrid model, combining on-chain and off-chain processes. This innovative approach facilitates seamless token transfers between BitTorrent's high-performance private ledger and TRON, a prominent public blockchain network. Key functions of BitTorrent crypto include:

Monetizing BitTorrent Services

BTT empowers users of the BitTorrent protocol to monetize their contributions efficiently. Users can offer decentralized infrastructure services, like hosting files and providing storage space, and receive incentives in the form of BTT cryptocurrency. This integration of blockchain technology enhances the scalability, transparency, and trustworthiness of BitTorrent's services.

Fueling the BitTorrent Ecosystem

BTT extends its utility beyond protocol tokenization. It is the native currency across various decentralized applications (dApps) within the BitTorrent ecosystem. These dApps include BitTorrent Speed, BitTorrent File System, DLive, and more.

Enhancing Download Speeds

Users who enable BitTorrent Speed while downloading content can utilize BTT to reward uploaders. This incentivizes uploaders to allocate additional bandwidth and storage resources, leading to faster download speeds on the decentralized network.

History of BitTorrent and BTT Coin

The BitTorrent protocol, created by Bram Cohen and David Harrison in 2001, has been a prominent peer-to-peer file-sharing system for years. In 2019, they embraced blockchain and cryptocurrencies, giving rise to the BitTorrent Token (BTT) to incentivize and enhance the BitTorrent ecosystem.

BTT’s Evolution

Initially, BTT was introduced as a TRC-10 token on the TRON blockchain, aiming to incentivize faster download services within the decentralized BitTorrent network. Later, it underwent an upgrade, becoming a TRC-20 token supporting smart contracts. This upgrade enhanced its capabilities.

Token-based Economy

The vision behind BTT extends to establishing a robust token-based economy. Users contributing networking, storage, and bandwidth resources will receive BTT as incentives, promoting active participation within the ecosystem.

BitTorrent Project Launch

The BitTorrent Token project commenced in December 2017, followed by an initial private token sale a year later. In January 2019, BTT was launched on the TRON mainnet, making it accessible to a broader audience. An initial exchange offering (IEO) on Binance further expanded its availability.

BitTorrent Speed

In July 2019, BitTorrent developers introduced BitTorrent Speed, enabling users to utilize BTT tokens for faster download speeds through payments. This innovative feature incentivized users to contribute to the network's efficiency.

BitTorrent’s BTFS

In October 2019, BitTorrent achieved another milestone by launching its first decentralized file-sharing protocol, BTFS, on the TRON mainnet. This further solidified BitTorrent's position as a pioneer in decentralized technology.

BitTorrent (New) (BTT) Price Movements ($)
PeriodChangeChange (%)
Today$0.0000001411.62%
7 Days$0.0000003431.50%
30 Days$0.0000006277.69%
3 Months$0.0000002420.64%
24H Investment Barometer
24H
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The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Risk warning:Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
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BitTorrent (New) Conversion Rate
  • 1 BTT to USD$0.00000143
  • 1 BTT to EUR€0.00000132
  • 1 BTT to AUD$0.0000022
  • 1 BTT to KRW₩0.0019077
  • 1 BTT to JPY¥0.00021504
  • 1 BTT to GBP£0.00000113
  • 1 BTT to INR₨0.00011866
  • 1 BTT to IDRRp0.02252107
  • 1 BTT to CAD$0.00000194
  • 1 BTT to RUB₽0.00013074

FAQ

How much is 1 BitTorrent (New) (BTT) worth?
KuCoin provides real-time USD price updates for BitTorrent (New) (BTT). BitTorrent (New) price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time BTT to USD exchange rates.
Is BitTorrent Token (BTT) a Good Investment?

When considering cryptocurrency investments, BitTorrent Token (BTT) deserves attention. Diversifying your crypto portfolio and supporting projects with practical blockchain applications is wise. As a pioneer in peer-to-peer (P2P) file-sharing, BitTorrent offers an array of real-world uses, bolstering the value of its native token.

Proven Track Record of BitTorrent

BitTorrent is the original P2P file-sharing service, trusted by millions. This history lends credibility to BTT.

BitTorrent's protocol extends beyond file sharing with mainstream applications. This diverse ecosystem enhances BTT's utility.

Future Developments in BitTorrent Ecosystem

BTT's value may soar as its team introduces more applications and expands the token-based ecosystem. This includes creating new use cases for BTT and empowering BitTorrent users to benefit financially.

Favorable Market Sentiment

Positive market sentiment toward cryptocurrencies can elevate BTT's price. Investor optimism often drives demand for altcoins like BTT, potentially increasing the BitTorrent value.

What Is BitTorrent Price Prediction?

While it is challenging to offer a reliable BTT price prediction over any timeframe, the following factors could help you assess the potential price trends in BitTorrent cryptocurrency:

Level of Adoption and Use of BitTorrent Platform

The value of BTT crypto is closely tied to its adoption and utilization within the BitTorrent ecosystem. The BitTorrent price can increase as more users join BitTorrent’s file-sharing platform and opt for faster downloads using BTT.

Expansion of BitTorrent’s Features

BitTorrent's introduction of new applications that require BTT tokens as incentives can drive higher demand for the cryptocurrency. This increased demand can positively impact the BitTorrent Token value.

Investor Outlook Toward Cryptos

The overall sentiment within the cryptocurrency market plays a significant role in the BitTorrent price fluctuations. Bullish or optimistic sentiment, particularly concerning the mainstream adoption of platforms like BitTorrent, can boost investor confidence and support the BTT to USD price. Conversely, a bearish or risk-averse sentiment can lead to investor sell-offs, potentially weakening the BitTorrent Token price.

What Is BTT Token Used for?

BTT is the native token of the BitTorrent ecosystem and has the following use cases:

Enhancing Downloads on BitTorrent

BTT, a TRC-20 utility token, powers the BitTorrent Speed application, enabling users to experience faster download speeds. Uploaders who allocate more bandwidth and storage for downloaders earn BTT tokens. Moreover, BitTorrent Speed users can earn BTT by seeding files after download completion, contributing to the protocol's operations.

Trading or Investing in BTT Token

BTT isn't just a utility token; it's also a tradable crypto asset. You can trade with BitTorrent Token, leveraging market dynamics and volatility. Keep an eye on live BitTorrent Token price, BTT market cap, circulating supply, 24-hour trading volume, and the latest crypto news to make informed decisions in the market.

Earning Passive Income on KuCoin

As a BTT holder, you can explore passive income opportunities on KuCoin through Crypto Lending. By providing liquidity in BTT on our platform, you can earn attractive daily interest over various durations—seven days, 14 days, or 28 days. This approach allows you to grow your BTT crypto holdings in a secure and low-risk manner.

How to Earn BTT Tokens on BitTorrent

Here are some ways you can earn $BTT on BitTorrent:

Boost Download Speeds as an Uploader

One of the most lucrative methods to accumulate BTT is by becoming an uploader on the BitTorrent network. By offering faster download speeds to other users within the network, you can earn BTT.

This is achieved by providing additional bandwidth and storage when uploading and hosting content. Users who want expedited downloads will pay extra for this service, increasing your BTT earnings.

Earn Passive Income Through Seeding

While less profitable than uploading, seeding downloaded files on BitTorrent Speed is a convenient way to generate passive income in BTT. Participating in the network’s operations can steadily increase your BTT holdings.

Trade BTT on KuCoin

For those with a knack for trading, consider trading BTT on platforms like the KuCoin Spot Market. Crypto trading carries risks, so thorough research is essential to reduce potential losses and maximize profits. Monitor BTT prices, trends, and market news to make informed decisions.

Earn BTT Through Liquidity Lending

If you prefer a low-risk strategy, lend liquidity in BTT to platforms like KuCoin. This approach is especially suitable for long-term HODLers who want to avoid riskier crypto trading strategies. It provides a safe and convenient way to earn BTT over time.

What Mobile Wallet Supports BitTorrent Token (BTT)?

BTT is a TRC-20 token, which can be stored in wallets supporting TRON and TRON-based tokens. Here are some top mobile wallet options to consider:

YouHodler

YouHodler is a user-friendly mobile wallet that supports BTT. It offers a simple interface and secure storage for your BTT tokens. With YouHodler, you can easily access and manage your BTT holdings on the go.

KuCoin (Custodial)

You can store and manage your BTT tokens using your KuCoin account if you prefer a custodial solution. While this option doesn't require managing private keys, it's essential to trust the exchange's security measures.

Coinomi

Coinomi is a popular mobile crypto wallet choice and supports BitTorrent Token. It provides a wide range of features and excellent security, making it a reliable option for BTT storage.

Guarda Wallet

Guarda Wallet is known for its security features and user-friendly platform. It offers a non-custodial solution for managing cryptocurrencies, including BTT. Your funds remain in your control with Guarda Wallet.

Atomic Wallet

Atomic Wallet is another excellent choice for mobile users. It supports BTT along with a variety of other coins and tokens. Atomic Wallet prioritizes user privacy by not collecting or storing private keys.

Ledger (Hardware Wallet)

While Ledger is primarily known for its hardware wallets, it also offers a mobile app that allows you to access your BTT holdings. Ledger's hardware wallets provide the highest level of security for your crypto assets.

How much BitTorrent (New) (BTT) is there in circulation?
As of 3 2, 2024, there is currently 923.77T BTT in circulation. BTT has a maximum supply of 990T.
What is the market cap of BitTorrent (New) (BTT)?
The current market cap of BTT is $1.22T. It is calculated by multiplying the current supply of BTT by its real-time market price of $1.22T.
How do I store BitTorrent (New) (BTT)?
You can securely store your BitTorrent (New) in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your BTT include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Bitcoin (BTC) to cash?
You can instantly exchange your Bitcoin (BTC) for cash using KuCoin's Fast Trade feature. This feature enables you to convert BTC to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.
Fear & Greed Index
Note: Data is for reference only.
Extreme greed90
BTT
Estimated
-- USD
BTT/USDT5
$0.0000014322+11.53%
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