>

BitTorrent(New) (BTT)

BitTorrent(New) (BTT)

The price of BitTorrent(New) is $0.000000696792, a -6.73% change over the last 7 days. Learn more about BitTorrent(New)’s price history, how it works, and how to invest.

By:
Updated: Aug 5, 2024
Listen
Overview
Markets
Historical Data
Price Statistics
Advanced chart
Technical analysis
BitTorrent(New) price today
24h Change $0.000000010115
24h High $0.000000701195
24h Low $0.000000685681
Market cap $687.08M
Trading Volume (24h) $21.21M
Market Dominance 0.03%
Market Rank #83
Circulating Supply 986.06T
Max Supply -

BitTorrent(New) markets

Spot Derivatives OTC
# Source Pairs Price +2% Depth -2% Depth Volume Updated
1
Binance Binance
BTT/USDT $6.97 $20,910.10 $333,683.70 592,164 Recently
2
Binance Binance
BTT/TRY $7.07 $38,707.45 $31,756.34 93,751 Recently
3
KuCoin KuCoin
BTT/USDT $7.07 $35,818.98 $39,152.29 30,467 Recently
4
Binance Binance
BTT/BUSD $4.67 $26,745.31 $78,401.63 9,453 Recently
5
Kraken Kraken
BTT/USD $7.07 $4,928.60 $2,143.16 5,101 Recently
6
Bitfinex Bitfinex
BTT/USD $7.07 $2,390.41 $2,596.41 106 Recently
7
Uniswap v2 Uniswap v2
WETH/BTT $1,938.29 - - 6,068 Recently
8
Kraken Kraken
BTT/EUR $7.27 $517.71 $80.28 216 Recently
9
Bithumb Bithumb
BTT/KRW $7.67 - - 56,597 Recently
10
SushiSwap SushiSwap
WETH/BTT $294,410.28 - - 6 Recently
1
MEXC MEXC
BTT/USDT $0.000696830000 - - 197,779 Recently
2
CoinEx CoinEx
BTT/USDT $7.07 - - 36,618 Recently
3
XT.COM XT.COM
BTT/USDT $0.000696130000 - - 684,430 Recently
4
MEXC MEXC
BTT/USDT $0.000412790000 - - 63,071 Recently
5
CoinEx CoinEx
BTT/USDT $4.27 - - 50,232 Recently
6
XT.COM XT.COM
BTT/USDT $0.000413490000 - - 1,184,660 Recently
7
MEXC MEXC
BTT/USDT $0.000409810000 - - 68,270 Recently
8
CoinEx CoinEx
BTT/USDT $4.17 - - 46,180 Recently
9
XT.COM XT.COM
BTT/USDT $0.000408520000 - - 1,265,613 Recently
10
Gate.io Gate.io
BTT/USDT $7.07 - - 18,517 Recently
No data found
View more View less

About BitTorrent(New)

Copy link to section

Resources

Copy link to section

What is the BitTorrent(New) price today?

Copy link to section

The BTT price is currently $0.000000696792. The price of BitTorrent(New) is -21.77% 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 BitTorrent(New) price prediction for 2025?

Copy link to section

BitTorrent(New) price predictions and forecasts are tricky, because crypto is such a fast-moving industry and new trends can explode very quickly.

However, you can use previous price trends, along with fundamental and technical analysis to make estimates about how BitTorrent(New) might perform in the future.

For example, if you look at overall market trends in previous years, compared with how the BitTorrent(New) price has risen or fallen in response, you can begin to understand how the BitTorrent(New) market reacts to external pressures.

Alongside the BTT price chart and updates to the BitTorrent(New) technology, uptake, or development, these factors help you make a BitTorrent(New) price forecast for the next few months and years.

What is the total supply of BTT?

Copy link to section

The circulating supply is 986,061,142,857,000.00 BTT, out of a total maximum supply of 0.00 BTT.

What is the price prediction for BitTorrent(New)?

Copy link to section

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)?

Copy link to section

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?

Copy link to section

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?

Copy link to section

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?

Copy link to section

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?

Copy link to section

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)?

Copy link to section

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)?

Copy link to section

You can buy BitTorrent(New) on either a centralised cryptocurrency exchange (CEX) or decentralized exchange (DEX), depending on its availability. 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 trading platform.

Our guide on how & where to buy BitTorrent(New) explains step-by-step exactly how to get started with a reliable crypto exchange, or via one of the most popular decentralized exchanges.

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.

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

Copy link to section

The simplest way to invest in BitTorrent(New) 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?

Copy link to section

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.

FAQs

Copy link to section
01

Is BitTorrent safe?

02

Has BitTorrent been hacked?

Resources

Copy link to section
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.

Latest BitTorrent(New) news, trading ideas & analysis

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
December 7, 2023
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