How & where to buy BitTorrent (BTT) online

By:

James Knight

James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.

Updated: May 11, 2023

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BitTorrent tokens are available on a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy BitTorrent this way. Follow our quick step guide below.

How to buy BitTorrent instantly in 3 simple steps

To buy BitTorrent, you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to KuCoin

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KuCoin is the simplest crypto exchange to get started with. Create an account and supply a copy of your photo ID for verification.

Most Popular

1

Min. Deposit

–

Best offer

User Score

9.0

Sign Up Bonuses

App Available

Supports Multiple Altcoins

Start Trading more info

Payment Methods:

AdvCash, American Express, Apple Pay, Bank Transfer, Banxa, Credit Card, Debit Card, Discover, Mastercard, Payeer, Perfect Money, SEPA, Simplex, WebMoney, neteller, , , , , skrill

Full Regulations:

Step 2. Make a deposit

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Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as £10.

Step 3. Buy BitTorrent token

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Type BTT into the search box then click ‘trade’. Enter how much money you want to spend and hit ‘trade now’.

Now you own BitTorrent tokens! It’s as simple as that.

Where to buy BTT easily

The overall best exchange to buy BitTorrent token for beginners is KuCoin . BitTorrent is also available on lots of other cryptocurrency exchanges.

Here are the top three places to buy BitTorrent, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

Most Popular

1

Min. Deposit

-

Best offer

User Score

9.0

Sign Up Bonuses

App Available

Supports Multiple Altcoins

Start Trading more info

Payment Methods:

AdvCash, American Express, Apple Pay, Bank Transfer, Banxa, Credit Card, Debit Card, Discover, Mastercard, Payeer, Perfect Money, SEPA, Simplex, WebMoney, neteller, , , , , skrill

Full Regulations:

2

Min. Deposit

$ 1

Best offer

User Score

9.0

India's most trusted bitcoin & cryptocurrency exchange

Buy & sell bitcoin with zero fees

The WarziX referral programme gives opportunity for you to earn 50% as reward of every trading fee paid by your friends on WarziX

Start Trading more info

Payment Methods:

Full Regulations:

Read more about how we rate, rank and review platforms.

Best exchanges to buy BitTorrent (BTT), reviewed

1. KuCoin. Best social trading altcoin exchange

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1

No. assets

...

Minimum deposit

Crypto

Platform type

Pros & Cons

Anonymous trading with up to 2 BTC withdrawals/24 hours Wide variety of cryptocurrencies No deposit fees

Low trading volumes not suitable for big traders Doesn’t support U.S. customers You might experience delays and lags during high-traffic times.

Overview

We love KuCoin because it;s a great place for beginners to trade more than 700 altcoins. KuCoin is a social trading platform with 20+ million investors worldwide in 200+ countries.

KuCoin’s beginner zone offers up rewards up to $500 for new users. The rest of the platform has plenty of features for the crypto enthusiast: a staking service to earn money on your stored crypto, an NFT marketplace, and margin trading features to buy leveraged tokens.

The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.

Visit KuCoin KuCoin Review

How to trade BTT

You can trade BitTorrent on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how BTT crypto trading works:

1. Monitor the price: Let’s say the price of BTT/USDT is $1. You read the price charts and decide that now is a good time to start purchasing BTT.
2. Open a trade: You trade one USDT for one BTT ($1 for 1 BTT).
3. Continue to monitor the price: The next day, one BTT token is now worth $2, a 100% increase.
4. Close your trade: You trade your BTT token back to USDT for $2.

In this example, you buy and sell BitTorrent, doubling your money (trading). While the steps are simple, executing them in a profitable way takes more work. You need to spend many hours learning to trade, reading charts, patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

Most Popular

1

Min. Deposit

-

Best offer

User Score

9.0

Sign Up Bonuses

App Available

Supports Multiple Altcoins

Start Trading more info

Payment Methods:

AdvCash, American Express, Apple Pay, Bank Transfer, Banxa, Credit Card, Debit Card, Discover, Mastercard, Payeer, Perfect Money, SEPA, Simplex, WebMoney, neteller, , , , , skrill

Full Regulations:

What is the best way to pay for BitTorrent (BTT)?

The simplest way to buy BitTorrent cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for BTT.

• Buy BitTorrent with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.

• Buy BitTorrent with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a £1 fee, and these transactions are more or less instant as they run through the Faster Payments System (FPS).

• Buy BitTorrent with PayPal. Some crypto brokers accept deposits via PayPal. eToro is the best option because it doesn’t charge a fee for PayPal deposits, whereas the charge can be as high as 5% or more with other platforms.

• Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, so check what’s accepted before signing up.

How do I store BitTorrent (BTT)?

Most people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of BitTorrent then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best BitTorrent wallets to use are MetaMask and the Ledger Nano S.

Is BitTorrent (BTT) a good investment?

Whether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of BitTorrent and its token to help you decide whether to invest in BTT.

• BitTorrent decentralises file sharing. BitTorrent is a decentralised file-sharing platform that eliminates the need for a central body to control access to files. Instead, users can download files directly from each other, allowing for faster and more efficient file transfers.
• BTT tokens provide incentives for users to host files. To solve the problem of demand far outstripping supply, BitTorrent introduces incentives for users to host files in BTT tokens. This helps to ensure that there is always a sufficient number of file hosts, making it easier for users to access the files they need.
• Investment prospects for BTT depend on demand for file sharing and success in other areas like file storage. The investment prospects for BTT largely depend on the need for file sharing and the success of BitTorrent’s other ventures, like file storage. However, there is more competition in the file storage market, and BitTorrent has a different level of name recognition in that area, which could impact its long-term prospects.
• Keep an eye on potential additions to the BitTorrent platform. As Justin Sun now owns BitTorrent, it’s important to stay informed of any statements or announcements he may make regarding the platform. Similarly, keeping an eye out for potential additions to the BitTorrent file-sharing apparatus is important.

Use this quick summary of pros and cons to compare BitTorrent with other, similar projects.

Ultimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.

How has BitTorrent (BTT) performed this year?

The current BitTorrent price today is $0.000659, which is 99.62% below its all time high of $0.013, which it reached on 05 April, 2021, . BTT is up 10.94% this year, with a 52 week high of $0.002676 and a 52 week low of $0.0003707. 

Is now a good time to buy BitTorrent?

The answer depends on the current price and your own investment goals. Simply put, buying BitTorrent, selling BitTorrent, and trading BTT are the same processes. It’s really just your personal investing intentions that defines whether now is a good time to invest or not.

• If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #hodl that coin long term in the hopes of larger profits. In this sense, any time is a good time to buy BitTorrent.
• As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of BitTorrent and its decentralised aggregator platform, then a good time to purchase BitTorrent is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying BitTorrent and selling it the next day probably isn’t why you’re here either.

Regardless, closely following BTT price news & analysis will help you decide when to pull the trigger:

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