BitTorrent Coin is the cryptocurrency of a system aiming to tokenize a decentralized file-sharing platform. Launched in 2019, BitTorrent Coin is part of a project that predates its creation by years and is known to have millions of users worldwide.
BitTorrent was later acquired by Tron (TRX) project founder and Tron Foundation CEO Justin Sun. This acquisition facilitated the launch of a cryptocurrency named BitTorrent (BTT). BitTorrent token’s price particularly surged following news from the Binance side.
So, what can be said about the future of BitTorrent coin and are the recent BitTorrent coin news positive?
What is BitTorrent Coin?
Based on the Tron blockchain network, BitTorrent (BTT) can be described as a TRC-10 service token. Users can utilize BitTorrent tokens for faster downloads or other additional features when using BitTorrent. Justin Sun, the founder of Tron, aims to further develop this system to establish a completely decentralized and global internet environment.
Opinions on BitTorrent Coin
Looking at BitTorrent Coin news, most of it seems to be focused on the ecosystem and heavily related to Binance. The BTT Token was launched through Binance Launchpad. This reveals that “How to buy BTT Token?” has been synonymous with Binance from day one.
The BitTorrent ecosystem already includes BitTorrent Speed, BitTorrent File System, TronTV, and the newly added blockchain-based live streaming app DLive. Considering all these, the future of BitTorrent coin looks very promising.
Looking at BitTorrent coin chart data and BitTorrent token price, it is currently valued at $0.000346 per unit and has increased by 1.25% in the last 24 hours. The chart data also shows that it reached an all-time high of $0.001753.
Then, where can one purchase BitTorrent coin, which has fallen significantly despite hitting a record high?
Where to Buy BitTorrent Coin?
BitTorrent can be purchased via Binance, which facilitated its market launch through Launchpad. Binance offers not only record-level liquidity but also numerous trading pairs and security options.
To buy BTT on Binance, you can use the USDT trading pair:
- To buy BTT, you first need to deposit USD balance into the exchange or purchase a cryptocurrency that can be used instead. For this, first, go to the main page of Binance, click on the “Buy Crypto” option in the upper left, and then select the “Credit/Bank Card” tab.
- In the opened tab, select how much USD you want to spend, and from the Coin section, mark Tether, that is USDT.
- After purchasing USDT, preview the “Buy-Sell” option in the upper left again and click on the “Classic” tab.
- In the opened section, select the USDT tab from the upper right, type BTT in the search button, and select the BTT/USDT pair that opens below.
- Then, go to the middle “BUY BTT” tab, enter the amount you want to purchase.
- Enter the desired amount and confirm the transaction to complete the BTT purchase process.
