How to Buy BitTorrent

BitTorrent (BTT) cryptocurrency ranks at 80 place by capitalization. It’s 11 June 2024 on $990,618,184 year. Circulating supply: 968,246,428,571,000. Maximum supply – 990,000,000,000,000. The price of BTT for today – $0.000001020 with trading volume of $121,486,071 for 24 hours. The maximum price of BitTorrent was registered on 21 January 2022 year and was – $0.000003430. The lowest price of BTT, $0.00000036537, was registered on 13 October 2023.
BitTorrent (BTT)
$0.000001020 -5.88% ↓
24h price change
-0.00000006000 $
Capitalization
$990,618,184
24h trading volume
$121,486,071
on the official website

How to Buy BitTorrent Price in USD: Convert to US Dollar

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on the official website
Data updated 6/11/2024

    BitTorrent (BTT) is the native token of the well-known peer-to-peer network – BitTorrent. The cryptocurrency was created after blockchain startup Tron Foundation buy BitTorrent in 2018. The main purpose of the token is to motivate users to distribute files in the μTorrent client. Users earn BTT when they continue to share and store torrent files on their PCs.

    How to buy BitTorrent
    μTorrent is one of the most popular torrent trackers in the world

    In addition to earning BTT for keeping sharing torrent files, the coin can be bought through some trading platforms. The article discusses the most convenient way to buy a token – using a cryptocurrency exchange.

    What is BitTorrent

    As mentioned above, BTT allows users to earn money while sharing torrent files. The second task of the token is to serve torrent tracker transactions. BTT runs on TRC-10, an extension over the Tron blockchain (it is similar to how the ERC-20 token runs on the Ethereum network).

    The Tron Foundation sees the future of BTT as the native coin of the Project Atlas, realization of which consists of three stages:

    • Introduction of a mechanism to stimulate users of the μTorrent torrent tracker (BTT was launched at this stage);
    • Development of file storage service (the function is already being tested as part of the BitTorrent File System (BTFS) project);
    • Development of paid content service based on torrent tracker. This stage is in the process of being implemented: some features are being tested in BitTorrent Now app (on update) and DLive service.
    In addition to using BTT to develop the free internet, BTT coins can simply be traded on the exchange.

    Where is the best place to buy BitTorrent

    Like many other cryptocurrencies, BTT is available for purchase on cryptocurrency exchanges, payment services and through cryptobots. cryptocurrency exchanges remain the most accessible, simple and convenient way to buy BTT. Exchange has a number of advantages over other platforms: it provides high liquidity and degree of security. It also allows you to buy cryptocurrencies using the usual payment services: ordinary bank card, P2P exchange platforms, etc.

    Crypto exchanges are the safest way to buy BTT
    Crypto exchanges are the safest way to buy BTT

    Instructions for buying BitTorrent

    Buying a BitTorrent coin is a process that includes the following steps:

    1. Determining the risk level;
    2. Select cryptocurrency exchange to buy BTT;
    3. Creating an account;
    4. Account replenishment in a convenient way;
    5. Buy BTT.

    Determine your level of risk

    Any manipulations with cryptocurrency are risky operations. Increased risk is created by the unpredictability of the crypto market and its high volatility. For successful investments, it is important to determine the risk an investor is willing to take. The following rules may help in determining risk:

    • Invest only the amount of money you are willing to lose;
    • Don’t buy crypto with all your money;
    • Don’t buy crypto with borrowed money;
    • Don’t expect to make money by investing all your money in one asset;
    • Don’t count on luck buying crypto with the last of your money.

    These tips will save money and the investor from hasty decisions and financial losses.

    Choose a crypto exchange

    Each centralized exchange offers its own work conditions. To choose the most suitable option, pay attention to the following parameters:

    • Trading conditions;
    • Methods of replenishment of the account;
    • Commissions for replenishing the balance and withdrawing funds;
    • Commissions for trading operations;
    • Account protections;
    • Reviews, etc.

    All data can be found on the websites of exchanges. To save you time, our team has compiled the best exchanges for buying BTT in a table.

    Exchange
    Website
    BTC trading volume, 24h
    1HTX
    HTX
    BTC trading volume, 24h
    47.73
    2Binance
    Binance
    BTC trading volume, 24h
    31.97
    3OKX
    OKX
    BTC trading volume, 24h
    8.28
    4CoinW
    CoinW
    BTC trading volume, 24h
    5.56
    5WhiteBIT
    WhiteBIT
    BTC trading volume, 24h
    1.608

    Register an account

    To buy BTT on the exchange, you will need to create a new account. As an example, let’s consider the process of creating an account on the OKX exchange. For this:

    1. Click Sign Up in top right corner on the main page of exchange website ;
    2. Enter your password and e-mail (or phone) → enter your referral code (if have one) and click Sign Up ;
      OKX Registration Form
      OKX registration form
    3. Enter the 6-digit code sent to your email;
      Window for entering a 6-digit code
      Window for entering a 6-digit code
    4. The account is created.
    The registration process is described in more detail in in the OKX exchange overview.

    Top up your account

    Platform OKX allows top-ups with cryptocurrencies only – fiat currencies are not supported for top-up purposes. For example, consider replenishing a user’s balance using USDT. For this:

    1. Click Assets → Deposit in the top menu → select USDT as the deposit currency and select the desired network;
      Select USDT and network
      Selecting USDT and network
    2. Select account type to deposit USDT (general or trading). After that, the exchange will generate a wallet address (also in the form of a QR-code);
      Address and QR code for USDT deposit
      Address and QR-code for depositing USDT
    3. Go to your crypto wallet and select USDT. Enter the address obtained from the exchange in the field for transferring crypto. You can also scan the QR-code;
    4. Confirm transaction;
    5. Yo have toped up your account.

    Buy BitTorrent (BTT)

    Once your account has been funded with USDT, you can use the exchange terminal to buy BTT. For this:

    1. Log into your user account and click Trade → Basic Trade in the top menu;
      Enable terminal for buying BTT
      Enabling a terminal for buying BTT
    2. A trading terminal will open in the next window. On the left side of the screen, find the searching field and enter BTT → select BTT/USDT from the list;
      Terminal appearance and search box
      Terminal appearance and searching field
    3. Scroll down the terminal window until the Buy BTT button appears. Select order type, for example, Market;
    4. Enter the amount of USDT for which BTT will be purchased in the Amount field;
    5. Click Buy BTT.
      Buying BTT via OKX terminal
      Buying BTT via OKX

    How to sell BitTorrent

    To sell BTT through the terminal, you need to repeat the same sequence of actions as when buying with the only difference: a sell order is created in the fields above the red Sell BTT button.

    Selling BTT via OKX terminal
    Selling BTT via OKX

    Where to store BTT

    You can store BTT on any wallets that support the TRC-10 protocol. These wallets come in two types: cold or hardware and hot or software.

    For actively trading and using BTT person, software wallets are suitable. They maintain a constant connection to the Internet and provide quick access to cryptocurrencies. It is recommended to use Trust Wallet as a hot wallet for BTT. The main disadvantage of hot wallets is susceptibility to hacking. Therefore, when using them, pay attention to security measures: strong password and 2FA authentication.

    Trust Wallet Home
    Trust Wallet homepage
    Alternative BTT storage wallets can be found in Verified crypto wallets ranting.

    If you are not going to use crypto actively, you can choose hardware wallet. These devices look like an ordinary flash drive and provide reliable protection because are not constantly connected to the Internet. We recommend using Ledger Nano S or Ledger Nano X. The main disadvantage of cold wallets is their high cost.

    Ledger Nano X
    Ledger Nano X

    How to withdraw BitTorrent to my wallet?

    To withdraw BTT to your wallet, you need to create a withdrawal request from the crypto exchange. As an example, let’s consider the transfer of BTT from the exchange OKX to Trust Wallet. For this:

    1. Click Assets → Withdrawal in your personal account;
    2. Select BTT from the list of cryptocurrencies → select networkContinue;
      First step to withdraw BTT
      First step of withdrawing BTT
    3. In the next window, you must enter the address to which BTTs will be sent. To find it out, go to the installed Trust Wallet application;
    4. Select BTT from the list of cryptocurrencies and click Receive;
      Receive
      Receive button in Trust Wallet app
    5. Wallet will generate an address (also available as QR-code);
    6. Go back to the interface of the exchange and in the field BTT Address paste the copied address from Trust Wallet → click Continue;
      IOTA output step two
      Second step of withdrawing BTT
    7. Enter funds access password (if set) and SMS codeConfirm;
    8. BTT are on your wallet.

    FAQ

    How to buy BitTorrent?
    The most convenient and profitable way to buy BTT is on a cryptocurrency exchange. For this:

    • Determine the exchange;
    • Sign up on it;
    • Top up the balance;
    • Enter the trading terminal and select currency pair with BTT;
    • Place an order to buy a coin;
    • Enter the number of coins to buy and click Buy BTT.

    Where can I buy BitTorrent?
    You can buy BTT on cryptocurrency exchanges, through cryptobots, as well as through payment services and banks. Buying on cryptocurrency exchanges is the most convenient, safe and profitable way. We recommend buying BTT on OKX, but there are other reliable exchanges like Binance or FTX.
    Is BitTorrent a Shitcoin?
    The opinion that BTT is a shitcoin is due to the following flaws in the system:

    • Too aggressive marketing;
    • Possible pump: developers have 40 percent of BTT;
    • There are rumors that the Tron blockchain does not have enough bandwidth to keep the project running.

    For an adequate assessment of the prospects of BTT, it is worth referring to the opinions of authoritative industry participants and successful members of the crypto community.

    When is the best time to buy BitTorrent?
    Using of technical and fundamental analysis help to determine the best time to buy BTT. You can study these disciplines yourself, but it takes time. Beginners in the crypto sphere can follow the advice of successful investors and traders working with cryptocurrencies.
    Should I buy BitTorrent?
    To answer this question, you will need to study the white paper of the project, as well as its roadmap. It will also be useful to read the news of the Tron Foundation and the torrent tracker μTorrent regarding the future prospects of the system.

    We recommend that you exercise caution in making any decision related to investing in cryptocurrencies. In the end, only the investor himself is responsible for the results of his actions.

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    Agatha Redich
    Agatha Redich
    Articles author, editor
    Articles author and website editor. Works with texts for over 12 years. Among Agatha’s clients: Rossman, Zara, Bosch, ING Bank, Lexus and others. Crypto journalist since 2018. She wrote more than a hundred articles about cryptocurrencies and the crypto market. Agatha's professional credo is to reveal complex topics in an accessible and simple way.
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    Emil Rabin
    Emil Rabin
    Site expert
    Cryptocurrency expert and financial analyst. Emil has working experience in Bain and KPMG, collaborated with PayPal and Revolut, organized more than 30 educational events about blockchain and cryptocurrencies in Eastern Europe. An expert of the TGDRatings.com portal since 2022.
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