Advertiser disclaimer
Advertiser disclaimer
BTT

The BitTorrent (NEW) BTT Price Index

$ 0.000002 Ƀ 0.00000000
  • MarketCap
    $ 1,944,292,897
  • Volume
    $ 433,100,434
  • Change
    41.52%
bittorrentBitTorrent
$ 0.000002
$ 0.000002
41.52%
0,000002
BTT
BitTorrent (BTT)
$ 0.000002
BTT
BitTorrent (BTT)
author
author
With a background in journalism and digital marketing, Marcel is a keen crypto enthusiast and investor. A regular contributor to several crypto publications, he believes that META-based projects will soar in the coming years and is super-bullish on MeritCircle and the increase in P2E gaming platforms. Marcel is also excited about AVAX and FTM as ETH-chain alternatives, and any projects with strong utility, transparency, experience, and community marketing.
By Marcel Deer
author
With a background in journalism and digital marketing, Marcel is a keen crypto enthusiast and investor. A regular contributor to several crypto publications, he believes that META-based projects will soar in the coming years and is super-bullish on MeritCircle and the increase in P2E gaming platforms. Marcel is also excited about AVAX and FTM as ETH-chain alternatives, and any projects with strong utility, transparency, experience, and community marketing.
on May 02, 2023 | 3 min
Updated on Dec 27, 2023

Overview: What is BitTorrent (BTT)?

BitTorrent (New) BTT is the native token of the BitTorrent ecosystem, which has proven to be a game-changer in the world of decentralized file sharing. BitTorrent itself is a renowned peer-to-peer (P2P) file-sharing platform, which has now been augmented with blockchain technology. BTT serves as a utility token for the new BitTorrent token economy and its function is to facilitate faster file sharing on the network.

 

What Makes the BitTorrent (BTT) Coin Unique?

The uniqueness of BitTorrent (New) BTT lies in the way it is integrated with the BitTorrent network, a major global decentralized P2P platform. BitTorrent’s massive existing user base sets BTT apart from other crypto coins. Moreover, as opposed to many other cryptocurrencies, BTT has a specialized focus – the improvement and enhanced efficiency of file sharing.

 

What Is the BitTorrent Network Used for?

The core function of the BitTorrent network is to enable decentralized file sharing. Users can share and download large files, like movies, games, e-books, or software, without reliance on a central server. With the integration of BTT, users can now use the token to incentivize others to host files. Alternatively, users can earn BTT for hosting content themselves, which helps boost network efficiency.

 

How Does the BitTorrent Network Work?

The BitTorrent network runs on a P2P protocol, where each user, known as a peer, is both a downloader and an uploader. When a peer wants to download a file, the network finds the different parts of that file among the various peers and downloads them all simultaneously. The integration of the BTT token has created a token economy where users can earn BTT for hosting files or spend BTT for faster downloads.

 

How Is the BitTorrent Price Determined?

As with all cryptocurrencies the BitTorrent (New), price like other cryptocurrencies, is determined by investor sentiment, supply and demand dynamics, and the condition of the overall crypto market. The utility of the BTT token within the BitTorrent ecosystem also plays a central role in its price dynamics.

 

What Is the BitTorrent (BTT) Coin Price Prediction for 2030?

The price of BitTorrent (New) BTT for 2030 is hard to forecast as it is subject to so many variables, yet there are multiple market predictions. Priceprediction.net anticipates a 2030 price of $0.000029, Binance expects the price to hit $0.00000634 and CoinCodex believes the price will be $ 0.054975 on the lower end and $ 0.056297 on the high end.

 

How Is the BitTorrent Network Secured?

The BitTorrent network is innately secure because it is decentralized. Moreover, the integration of blockchain technology adds an extra layer of security, due to its resilience against tampering, which makes it resistant to fraud.

 

Where Can You Buy BitTorrent?

BitTorrent (New) BTT can be purchased on a wide array of cryptocurrency exchanges. Some of the more popular ones include Binance, Huobi Global, and OKEx.

 

How Can You Store BitTorrent (BTT)?

Storing BitTorrent (New) BTT safely is crucial. BTT can be stored in various types of wallets, from hardware wallets like Ledger or Trezor to software wallets, like those provided by exchanges, which offer greater convenience but generally provide less robust security.

 

FAQ

Is BitTorrent a good investment?

The question of whether BitTorrent (New) BTT is a good investment is one that cannot be answered with any certainty, since cryptocurrencies are notoriously unpredictable. However, the network’s steady growth and status as a primary peer-to-peer file sharing network, indicate that BitTorrent has a great deal of investment potential.

 

Is BitTorrent safe?

BitTorrent is generally deemed to be a safe file sharing network and the coin is in alignment with standard blockchain security protocols. However, caution is always advisable when entering the highly volatile and under-regulated crypto space.

 

How old is BitTorrent coin?

A relative newcomer, BitTorrent coin, or BTT, was first introduced in 2019.

 

Is there a future for BitTorrent coin?

The future of BitTorrent (New) BTT is tied to the rate of adoption and evolution of the BitTorrent network. The success of the network and its native token depends on continued technological development within the file-sharing ecosystem.

 

How many BitTorrent coins are left?

The maximum supply of BitTorrent (New) BTT is forever fixed at 990 billion tokens.

author
About Marcel Deer
With a background in journalism and digital marketing, Marcel is a keen crypto enthusiast and investor. A regular contributor to several crypto publications, he believes that META-based projects will soar in the coming years and is super-bullish on MeritCircle and the increase in P2E gaming platforms. Marcel is also excited about AVAX and FTM as ETH-chain alternatives, and any projects with strong utility, transparency, experience, and community marketing.
bitcoinBitcoin
$ 67,816.17
$ 67,816.17
6.57%
ethereumEthereum
$ 3,619.94
$ 3,619.94
3.98%
tetherTether
$ 0.999754
$ 0.999754
0.12%
usd-coinUSDC
$ 0.997597
$ 0.997597
0.19%
cardanoCardano
$ 0.76266
$ 0.76266
1.72%
binance-usdBUSD
$ 0.995067
$ 0.995067
0.46%