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BitTorrent(New) (BTT)

BitTorrent(New) (BTT)

The price of BitTorrent(New) is $0.000001125399, a +1.53% change over the last 7 days. Learn more about BitTorrent(New)’s price history, how it works, and how to invest.

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Updated: May 17, 2023
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Overview
Markets
Historical Data
Price Statistics
BitTorrent(New) price today
24h Change $0.000000018071
24h Low $0.000001098215
24h High $0.000001153906
Market Cap $1.09B
Trading Volume (24h) $60.66M
Market Dominance 0%
Market Rank #77
Circulating Supply 968.25T
Max Supply -

BitTorrent(New) markets

Spot Derivatives OTC
# Source Pairs Price +2% Depth -2% Depth Volume Updated
1
Bitcoiva Bitcoiva
BTT/INR $1.16 - - 144,851 Recently
2
CEX.IO CEX.IO
BTT/EUR $1.09 $1,679.41 $15,910.38 427 Recently
3
CEX.IO CEX.IO
BTT/USD $1.10 $61,535.32 $24,520.25 359 Recently
4
Bitunix Bitunix
BTT/USDT $1.09 $132,510.24 $119,348.98 234,399 Recently
5
ICRYPEX ICRYPEX
BTT/USDT $1.10 $4,630.78 $9,709.94 499,667 Recently
6
BlueBit BlueBit
BTT/USDT $1.09 $43,378.29 $27,562.38 400,415 Recently
7
Altcoin Trader Altcoin Trader
BTT/ZAR $1.12 $1,105.43 $1,666.97 34,333 Recently
8
GroveX GroveX
BTT/USDT $1.09 $87.24 $8,242.88 302,464 Recently
9
BitForex BitForex
BTT/USDT $1.02 $0 $0 0 Recently
10
Bibox Bibox
BTT/USDT $1.07 - - 25 Recently
1
CoinEx CoinEx
BTT/USDT $1.09 - - 56,234 Recently
2
XT.COM XT.COM
BTT/USDT $0.001076120000 - - 6,728,216 Recently
3
MEXC MEXC
BTT/USDT $0.001076020000 - - 597,821 Recently
4
Gate.io Gate.io
BTT/USDT $1.09 - - 37,327 Recently
5
MEXC MEXC
BTT/USDT $0.000409810000 - - 68,270 Recently
6
CoinEx CoinEx
BTT/USDT $4.17 - - 46,180 Recently
7
XT.COM XT.COM
BTT/USDT $0.000408520000 - - 1,265,613 Recently
8
MEXC MEXC
BTT/USDT $0.000412790000 - - 63,071 Recently
9
CoinEx CoinEx
BTT/USDT $4.27 - - 50,232 Recently
10
XT.COM XT.COM
BTT/USDT $0.000413490000 - - 1,184,660 Recently
No data found
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About BitTorrent(New)

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Resources

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What is the BitTorrent(New) price today?

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The BTT price is currently $0.000001125399. The price of BitTorrent(New) is +30.31% over the last 30 days. You can use the live BitTorrent(New) chart to track the BTT/USD price in real time above, or compare the BitTorrent(New) value today to its past performance using the BitTorrent(New) price history tab at the top of this page.

What is the total supply of BTT?

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The circulating supply is 968,246,428,571,000.00 BTT, out of a total maximum supply of 0.00 BTT.

What is the price prediction for BitTorrent(New)?

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The average BitTorrent price prediction values the coin at $1 by the end of 2025. Things like the economic climate, establishment support and acceptance, and the crypto market as a whole can all have an impact on the price.

It’s best to take predictions with a grain of salt but you can use expert estimates to help you understand the weight of opinion about a coin.

What is BitTorrent(New)?

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BitTorrent is a file-sharing platform that lets users download files directly from each other. It’s essentially a file marketplace, bringing buyers and sellers together to trade files without needing a central body. The BTT token is a payment method on the platform, as downloaders can use it to pay for priority access or faster download speeds.

BitTorrent’s origins as a file-sharing platform date back to 2001, but this version, embedded in cryptocurrency, is a fairly new endeavour. Justin Sun’s Tron Foundation bought BitTorrent in 2018, leading to the release of its new token a year later.

How does BitTorrent(New) work?

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BitTorrent works by matching download requests to users who already have a file stored on their computer. The more people hosting the file, the quicker the download speeds, as the BitTorrent software can break a file down into multiple parts and download each from a different host.

As anyone who used the original BitTorrent will remember, the lack of an incentive to host files could create a bottleneck with far more demand than supply. Now BitTorrent has solved this problem by using its BTT token as an incentive. People who supply files are now rewarded with tokens.

BitTorrent offers some other services, too that are all powered by the BTT token. One is a way for users to pay BTT for faster downloads, another lets them pay for file storage similar to Filecoin and Storj. The transactions for all these apps are stored on the Tron blockchain.

How is the BitTorrent(New) network secured?

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The BitTorrent network is secured by the blockchain that it runs on. It has been built on the Tron blockchain, which uses a proof of stake consensus algorithm. This means that other users on the network, known as validators, verify and secure all transactions. To become a validator, users must stake a certain number of tokens but are rewarded for their work with additional coins.

What is BitTorrent(New) used for?

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It is used for sharing files. Users on the BitTorrent network can download files directly from each other. When the platform was first created, it was audio and video files that were predominantly shared; however, these days, a variety of files can be downloaded. Since moving to the Tron blockchain, the BTT token offers users access to premium services, including VPNs and ad-free browsing.

Why does BTT have value?

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BTT can perform multiple functions on the network, making its utility diversified. The token’s main use is as a medium of exchange on the BitTorrent ecosystem, where users can pay for faster download speeds, ad-free surfing, and other premium services. Not only is it a payment method, but it can also be used for staking to earn rewards and has a role in governing the network. Overall, BitTorrent’s network growth, development, and new features will determine BTT’s future value.

Who created BitTorrent(New)?

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BitTorrent was created by Bram Chohen in the early 2000s. The platform provided an easy way to share music and video files, although it had a number of legal issues surrounding copyright law. In 2018, TRON, headed by Justin Sun, bought the platform and has since added it to its blockchain and released the BTT cryptocurrency.

Where can I buy BitTorrent(New)?

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You can buy BitTorrent on a crypto exchange. An exchange is a marketplace that allows you to sign up, deposit your money, and buy some crypto, just as you would with a stock platform.

Most cryptocurrency brokers allow you to keep the coins you buy in your account. However, you may want to sign up for a dedicated crypto wallet for some extra security.

You can deposit money into a broker or exchange account by a bank transfer or card payment. However, if you prefer to use a different payment method, like PayPal, then your options may be more limited.

Are there any other ways to invest in BitTorrent(New)?

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The simplest way to invest in BitTorrent is to buy it outright. However, another option is to simply open a crypto account. Crypto accounts are like regular bank accounts and allow you to store a variety of currencies, send and receive payments, earn interest on savings, and spend freely with a credit card.

You can also invest in crypto more generally through a crypto ETF or a crypto fund. These are financial instruments that give you exposure to a group of leading cryptocurrencies, more suited to high net worth individuals.

Are there any BitTorrent(New) alternatives?

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BitTorrent is one of the best known file-sharing platforms out there, but there are similar projects that compete with it. Here is a selection of the best BitTorrent alternatives.

  • Upfiring. Upfiring is a p2p file-sharing network which pays users for sharing files.
  • Axel. Axel is a file-sharing application that offers robust encryption.
  • Tron. Tron is a decentralised blockchain that supports smart contracts.

More crypto guides

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FAQs

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Is BitTorrent safe?
Has BitTorrent been hacked?

Resources

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Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.

Trading ideas & analysis

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Latest BitTorrent(New) news

BitTorrent token (BTT) forms a god candle after this happens
February 8, 2024
Altcoins to watch in December 2023 – Optimism (OP) and BitTorrent (BTT)
December 8, 2023
How Tron's Justin Sun built a crypto empire and a ‘$1.3 billion’ net worth
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BitTorrent (BTT) goes parabolic as Tron (TRX) hits key milestone
December 6, 2023
TRON partners with BitTorrent Chain for the TRON Grand Hackathon 2022
February 11, 2022
BitTorrent (BTT) makes slight gains as 28% of the BTTOLD token supply is burned
January 5, 2022