BTT is a TRC-10 utility token that launched by BitTorrent Inc. based on TRON Blockchain that powers features of the most popular decentralized protocols and applications in the world.
Both BitTorrent and parent company TRON share a vision of a decentralized internet without barriers.
BitTorrent fosters a faster speed — delivering efficient and scalable services to its network. This further resulted in an overall performance upgrade and enabled the creation of BTT as a unit of denomination in transactions and service payments within the BitTorrent ecosystem.
BitTorrent, popularly known as a content resource provider, aims to tokenize the decentralized file-sharing protocol with its cryptocurrency asset launched early in 2019. The tokenization benefited content creators and providers to connect with their consumers and directly earn BTT without any deductions from intermediaries.
DApps powered by BTT includes BitTorrent Speed where you can earn BTT token and can drive faster torrent speeds, BitTorrent File System the First Scalable Decentralized Storage System, DLive a live broadcast that you can browse countless genres of content and earn rewards, and others in the pipeline.
As a digital currency, BitTorrent token (BTT) can be used as a payment to bid for faster downloads. If not, users can just store the tokens in BitTorrent’s built-in digital wallet.
BitTorrent token price is $0.000224 USD with a 24-hour trading volume of $53,711,375 as per the time of writing. BitTorrent token (BTT) can be traded at major exchanges such as Binance, KuCoin, OKEX, Bittrex, and Houbi and the most active exchange of BitTorrent token (BTT) is on Cat.EX and LATOKEN. The current circulating supply of BitTorrent token (BTT) is 212,116,500,000 BTT. Addresses and transactions can be seen in their explorer.