What is the crypto currency BitTorrent (BitTorrent / BTT)? Explaining future prospects, future prospects and buying methods

BitTorrent (BTT) is the world’s largest peer-to-peer (P2P) file sharing and torrent platform.

It has been acquired by the TRON Foundation and develops and provides various services in combination with TRON.

This article thoroughly explains the features of BitTorrent (BTT), trends in price changes, price forecasts, and how to buy.

If you are interested in BitTorrent (BTT) or are considering purchasing it, please refer to this article.Summary of this article

  • BitTorrent (BTT) is a P2P platform for file sharing and downloading on the blockchain.
  • Launched as file sharing software and acquired by the TRON Foundation in 2019
  • Prices are fluctuating under the influence of news such as service releases and joint development with TRON.
  • Prices are expected to rise due to the development of services and technologies in the future.

When purchasing BitTorrent (BTT), you need to use a exchange.

Binance  is recommended for using exchanges .

Since Binance is designed for beginners, there are detailed explanations for each task such as account explanations and transactions.

Therefore, you can open an account and make transactions smoothly even for the first time.

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Binance

  1. What is crypto currency BitTorrent (BTT)?
  2. Features of crypto currency BitTorrent (BTT)
    1. Acquired by TRON Foundation
    2. Using cryptocurrency BTT as a network token
    3. Operated on the TRON blockchain
    4. Offers BitTorrent Speed ​​to increase download speed
    5. Provides BitTorrent file system
    6. Offering DLive, a streaming community
  3. Price transition of crypto currency BitTorrent (BTT) so far
    1. 1. Released in January 2019, price increased 600 times in February
    2. 2. Soaring in May 2019
    3. 3. Renewed the highest price in April 2021
  4. Current price trends of cryptocurrency BitTorrent (BTT)
  5. Points of price increase of crypto currency BitTorrent (BTT)
    1. BitTorrent (BTT) service release and technological development progress
    2. Rising price of TRON
    3. Partnership and joint development with companies
  6. Future forecast and outlook of crypto currency BitTorrent (BTT)
    1. Capitalcoin: BitTorrent (BTT) could be $ 0.02-0.2 in 2025 and over $ 0.2 in 2030
    2. Priceprediction: BitTorrent (BTT) could be $ 0.015-0.18 in 2025 and $ 0.11 in 2030
    3. WalletInverstor: BitTorrent (BTT) could reach $ 0.226 in 2026
  7. How to buy / purchase crypto currency BitTorrent (BTT)
    1. Buy cryptocurrencies on exchanges
    2. Send crypto currency purchased at exchanges to overseas exchanges
    3. Buy BitTorrent (BTT) at an overseas exchange
  8. Binance is recommended if you want to buy crypto currency
  9. Summary of crypto currency BitTorrent (BTT)

What is crypto currency BitTorrent (BTT)?

Currency nameBitTorrent (BTT)
Token nameBTT
priceApproximately $ 0.003 (as of September 28, 2021)
Market capitalizationApproximately $ 2 billion (as of September 28, 2021)
Market ranking64th place (as of September 28, 2021)
Handling exchangesNot available on exchanges
Official sitehttps://www.bittorrent.com/ja/token/btt/

BitTorrent (BTT) is the world’s largest file and software download platform .

We aim to increase shared capacity and download speed by utilizing blockchain .

In addition, it was acquired by the TRON Foundation in 2019, and we are developing and providing various services in combination with TRON.

When purchasing BitTorrent (BTT), it is necessary to purchase the crypto currency that is the trading pair of BitTorrent (BTT) on the exchange.

Binance  is recommended for using exchanges .

Binance is designed for beginners, and the design of trading accounts and exchanges is very easy to understand and operate.

\ No.1 in the number of application downloads /

Binance

Features of crypto currency BitTorrent (BTT)

BitTorrent (BTT) is a file sharing / download P2P platform .

Acquired by the TRON Foundation, we aim to utilize blockchain to provide faster and larger capacity services.

Here, we will introduce the features of BitTorrent (BTT).

Acquired by TRON Foundation

BitTorrent launched software that facilitates file sharing over P2P networks in the early 2000s and became popular with many music and movie enthusiasts. 

By using BitTorrent, users can join the network of computers running the software and exchange files and data with each other instead of downloading and uploading files to a single server. ..

However, BitTorrent had problems with monetization, and as a result , it was acquired by the TRON Foundation, which founded the TRON blockchain, in 2019.

The TRON Foundation has introduced a cryptocurrency called BTT, which is a BitTorrent token, in order to extend the network protocol and provide incentives to network participants.

Using cryptocurrency BTT as a network token

BTT aimed to make the network more distributed while increasing the efficiency of sharing large files to reduce the impact on the server and network.

BitTorrent developers want to use BTT tokens to incentivize the provision of resources for local computers and solve problems such as slow downloads and poor file availability.

You can provide BTT tokens to your content provider in exchange for local computer resources such as bandwidth to receive content such as music and video and storage for remote backups.

In other words, it is a mechanism that allows you to purchase local resources of other users on the platform with BTT tokens .

BTT tokens are also used as rewards for content and as money to be thrown.

Operated on the TRON blockchain

BitTorrent operates on the TRON blockchain with the goal of keeping a record of all BTT transactions .

When resources and contents are negotiated on the network, a payment channel is created in TRON, and payment using BTT tokens is made based on the negotiation information.

When the negotiation-based service is no longer available, these payments will be confirmed and recorded on the TRON blockchain.

Offers BitTorrent Speed ​​to increase download speed

BitTorrent (BTT) offers a service called “BitTorrent Speed” .

BitTorrent Speed ​​is a feature that uses BTT tokens to purchase bandwidth and storage to speed up downloads of files and the like.

Provides BitTorrent file system

BitTorrent File System (BTFS) is a distributed file storage system.

Traditional file storage systems have various drawbacks, such as one-sided restrictions by a single company or organization, and high cost.

The BitTorrent File System (BTFS) aims to solve traditional file storage problems by making it decentralized using blockchain.

In addition, we are continuing development, such as introducing a file management tool called BTFS Gateway that can retrieve desired files from Google Chrome.

Offering DLive, a streaming community

DLive is a livestreaming community built on the blockchain to fairly reward media content creators and viewers .

Broadcasters and viewers are building systems that can make money without going through the platform.

BTT will introduce it into the DLive ecosystem to enhance its gifts, subscriptions and viewer reward systems.

When purchasing BitTorrent (BTT), it is necessary to purchase crypto currency that is a trading pair of BitTorrent (BTT) such as Bitcoin and Ethereum at exchanges.

Binance  is recommended at exchanges .

Binance is easy to use with its own exchange app, and the evaluation from users is very good.

With an easy-to-use app, you can always check the price of crypto currency and the trend of exchanges, and trade as needed.

\ No.1 in the number of application downloads /

Binance

Price transition of crypto currency BitTorrent (BTT) so far

The price of BitTorrent (BTT) has been rising and falling due to high expectations from investors due to the release of services and the disclosure of information on system development.

I will explain how BitTorrent (BTT) has changed in price since its release, giving points.BitTorrent (BTT) price transition points

  1. After the release in January 2019, the price will increase 600 times in February
  2. Soaring in May 2019
  3. Soared in April 2021 and hit a new high

Then, I will explain each point in detail.

1. Released in January 2019, price increased 600 times in February

After being released in January 2019, its usefulness and future collaboration with TRON are expected, and the price is skyrocketing.

In February, the price increased by 600 times, which was a big increase.

2. Soaring in May 2019

In mid-May 2019, Tron founder and CEO of BitTorrent (BTT) justin sun said BTT and BTT Wallet are being tested and will work in mid-June .

As a result, the demand for investors who expected the spread of BTT has increased, and BTT has risen by about 190% .

In addition, the market is moving at a high price with the release of its own service, BitTorent File System, on May 30th.

3. Renewed the highest price in April 2021

After that, it surged sharply in April 2021 and increased by about 900% in one month .

This is due to Poloniex’s addition of BTT as a target cryptocurrency for staking on March 25th .

Staking is a system where you can get a reward according to the amount you deposit when you deposit a specific crypto currency on an exchange.

It is thought that the demand for BitTorrent (BTT) increased and surged significantly as it became a crypto currency targeted for staking.

To purchase BitTorrent (BTT) on an overseas exchange such as Poloniex, you must first purchase a cryptocurrency that is a trading pair with BitTorrent (BTT) on a exchange.

Binance  is recommended when using exchanges .

Since Binance has no transaction fees, it is possible to purchase crypto currency at a low cost.

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Binance

Current price trends of cryptocurrency BitTorrent (BTT)

What is the current price trend of the crypto currency BitTorrent (BTT)?

BitTorrent (BTT) has risen sharply since the beginning of September, rising about 29% to $ 0.005 on September 3.

Then on September 19th, BitTorrent announced on its official Twitter account the launch of the second-level blockchain BitTorrent Chain (BTTC), led by BitTorrent and co-developed with TRON.

However, prices gradually declined on September 28, down 42% to $ 0.003 , affected by market instability over China’s Hengda company defaults and tightening regulations on stablecoin.

If you do not have an account yet, please take this opportunity to open an account with Binance .

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Binance

Points of price increase of crypto currency BitTorrent (BTT)

What is the reason for the price increase of BitTorrent (BTT)?

The expected points of price increase are as follows.Points of price increase of BitTorrent (BTT)

  • BitTorrent (BTT) service release and technological development progress
  • Rising price of TRON
  • Partnership and joint development with companies

BitTorrent (BTT) service release and technological development progress

The flow of positive information about BitTorrent (BTT) service releases and technological development progress into the market can trigger significant price increases .

Prices have risen significantly before and after the good progress of system development was announced in May 2019 and the release of a unique service called BitTorent File System.

This is rising due to the increased demand for BTT in the future as BitTorrent (BTT) systems are developed and services are released.

In addition, the fact that the development status is released as a news release has attracted the attention of the market is also a factor in the price increase.

Rising price of TRON

Positive information and price increases of TRON, the parent company of BitTorrent (BTT), can be a factor in the price increase of BitTorrent (BTT) .

First of all, the successful operation and system of the parent company is very likely to benefit the financial and technical subsidiary BitTorrent (BTT).

In addition, since there are developments and services jointly implemented by TRON and BitTorrent (BTT), there is also information that directly affects BitTorrent (BTT).

As an investor, you can rest assured that you will be able to buy BitTorrent (BTT).

Partnership and joint development with companies

Information on partnerships and joint development with companies is a factor that raises the price of BitTorrent (BTT) .

Partnering with the company means that the BitTorrent (BTT) technology and services have been recognized by the company.

In addition, it can be considered that the company has determined that security is also guaranteed.

Therefore, investors judge that the quality of service of BitTorrent (BTT) is high and the future is promising .

In addition, if the partner / co-development partner is a well-known company, investors who do not know BitTorrent (BTT) will also pay attention to BitTorrent (BTT).

It is highly likely that the price will rise due to the new entry.

BitTorrent (BTT) is only available on overseas exchanges, so buy a cryptocurrency that is a trading pair with BitTorrent (BTT) on a exchange.

  Binance is recommended for exchanges .

Binance is one of the oldest exchanges that has been operating since 2014.

Therefore, we are devoted to handling crypto currencies, dealing with consumers, and know-how of services.

\ No.1 in the number of application downloads /

Binance

Future forecast and outlook of crypto currency BitTorrent (BTT)

I’m wondering if the future price of BitTorrent (BTT) will rise or fall.

The following is a summary of the prices predicted by multiple institutions and companies.Future forecasts and outlooks for BitTorrent (BTT)

  1. Capitalcoin: BitTorrent (BTT) could be $ 0.02-0.2 in 2025 and over $ 0.2 in 2030
  2. Priceprediction: BitTorrent (BTT) could be $ 0.015 to $ 0.18 in 2025 and $ 0.11 in 2030
  3. WalletInverstor: BitTorrent (BTT) could reach $ 0.226 in 2026

I would like to explain each outlook.

Capitalcoin: BitTorrent (BTT) could be $ 0.02-0.2 in 2025 and over $ 0.2 in 2030

captainaltcoin believes that BitTorrent (BTT) will not serve as a service and that BitTorrent (BTT) will not remain in the crypto market in the long run.

However, if BitTorrent (BTT) remains on the market, we predict that by 2025, tokens will be 10 to 100 times their present value ($ 0.02 to $ 0.20 per token) .

We also predict that if BitTorrent (BTT) remains on the market until 2030, tokens will be more than 100 times their present value (more than $ 0.20 per token) .

Priceprediction: BitTorrent (BTT) could be $ 0.015-0.18 in 2025 and $ 0.11 in 2030

According to the Pricepredection , the price of BitTorrent (BTT) will continue to rise as its demand increases , reaching $ 0.015- $ 0.018 in 2025, with an average price of $ 0.016 .

It will reach $ 0.11-0.13 in 2030, with an average forecast price of $ 0.11.

WalletInverstor: BitTorrent (BTT) could reach $ 0.226 in 2026

Wallet Investor has conducted a technical analysis and found that BitTorrent (BTT) is very well worth the investment.

BitTorrent (BTT) predicts that after a five-year investment, the return will be about 630.21% and will be $ 0.0226 in 2026 .

There are many forecasts that it will generally increase, but some forecasts that it will decline in popularity in the cryptocurrency market because it is not attractive in terms of services.

When purchasing BitTorrent (BTT), make sure to check the service carefully before purchasing.

To purchase BitTorrent (BTT), you need to purchase Bitcoin or Ethereum, which is a trading pair of BitTorrent (BTT), on exchanges.

Binance is recommended for exchanges.

Binance can be registered in 5 minutes and the account opening is completed online, so you can start trading immediately.

Come immediately to those who want to buy a BitTorrent (BTT)  Binance please try to use the.

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Binance

How to buy / purchase crypto currency BitTorrent (BTT)

Next, I will explain how to purchase BitTorrent (BTT).

BitTorrent (BTT) is not available on exchanges.

Therefore, it is necessary to purchase BitTorrent (BTT) at an overseas exchange after purchasing a crypto currency that is a trading pair with BitTorrent (BTT) at a exchange.

The purchase procedure is as follows.BitTorrent (BTT) purchase procedure

  1. Buy cryptocurrencies on exchanges
  2. Send crypto currency purchased at exchanges to overseas exchanges
  3. Buy BitTorrent (BTT) at an overseas exchange

Buy cryptocurrencies on exchanges

First of all , buy a crypto currency that is a trading pair with BitTorrent (BTT) on a exchange .

BitTorrent (BTT) and the crypto currency has become a trading pair bit coin and ethereum , Tezakoin most is.

Bitcoin and Ethereum can be purchased at exchanges, so it is recommended to purchase Bitcoin or Ethereum.

Send crypto currency purchased at exchanges to overseas exchanges

Next, transfer the crypto currency purchased at the exchange to the overseas exchange.

The major exchanges that carry BitTorrent (BTT) are:Major exchanges

Binance

Kucoin

There are multiple overseas exchanges that handle BitTorrent (BTT), but check the ease of use and safety, and choose the exchange that is convenient for you.

* Please note that overseas exchanges are not approved by the Financial Services Agency of Japan.

Buy BitTorrent (BTT) at an overseas exchange

Buy BitTorrent (BTT) with the last Bitcoin or Ethereum you sent.

This completes the purchase of BitTorrent (BTT).

Binance is recommended for using exchanges .

Binance offers “Bitcoin Denki”, which allows you to pay electricity charges with Bitcoin, and “Bitcoin Lending”, which is a crypto currency lending service.

Therefore, even if you do not buy BitTorrent (BTT), you can try to buy crypto currency.

It is recommended to start by opening a Binance account and purchasing crypto currency.

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Binance

Binance is recommended if you want to buy crypto currency

It is recommended to use Binance  when purchasing crypto currency .

Binance handles 17 types of altcoins, which is the largest number in Japan.

If you want to buy BitTorrent (BTT) but are worried or hesitant to use an overseas exchange, why not use Binance to find and buy the altcoin you care about.

The crypto currencies handled by Binance are as follows.crypto currency handled by Binance

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ethereum Classic (ETC)
  • Risk (LSK)
  • Factom (FCT)
  • Ripple (XRP)
  • Nem (XEM)
  • Litecoin (LTC)
  • Bitcoin Cash (BCH)
  • MonaCoin (MONA)
  • Stellar Lumen (XLM)
  • Quantum (QTUM)
  • Basic Attention Token (BAT)
  • IOST
  • Engine coin (ENJ)
  • OMG (OMG)
  • Palette token (PLT)

Those who that do not already have an account, take this opportunity to  Binance lease try to go to open an account in.

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Binance

Summary of crypto currency BitTorrent (BTT)

BitTorrent (BTT) is a project to build a platform on the blockchain with the aim of sharing file storage and composing content.

I briefly summarized BitTorrent (BTT) as follows.Summary of BitTorrent (BTT)

  • We aim to share content and file storage on the blockchain so that content transactions can be conducted more quickly and fairly.
  • It is a subsidiary of TRON Foundation and is operated on the TRON blockchain.
  • Prices have been strongly influenced by service releases and announcements of development progress.
  • In the future, the price will move upward due to the development status of services, alliances with companies, and the movement of TRON.
  • When purchasing, you should purchase Bitcoin or Ethereum, which is a trading pair with BitTorrent (BTT) at exchanges, and then purchase BitTorrent (BTT) at overseas exchanges.

BitTorrent (BTT) is still in the development stage, and many services have just been released.

Expectations are high for service development, expansion of applications, and corporate alliance trends in cooperation with the parent company TRON .

It is a crypto currency that you should keep an eye on in the future.

The purchase of BitTorrent (BTT) it is essential to use the exchanges, but exchanges  Binance is recommended.

 Binance has generous support for users, such as having a telephone inquiry window.

Even if you are purchasing crypto currency for the first time, you can purchase with confidence.

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