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With a market cap of $397,161,357.00 USD, BitTorrent ranks as the 178th largest cryptocurrency by market capitalization in the world. It operates on the Tron blockchain network. It is currently trading at a price of $0.00000040 USD per coin and trades using the cryptocurrency code BTT.
BitTorrent is a highly volatile asset capable of major price swings in a single day. So before you buy BitTorrent, make sure you understand these unique risks as well as its tax and legal status in Canada.
If you want to buy BitTorrent in Canada or track its performance, keep reading to see the latest BTT price, market cap and trading volume along with a step-by-step guide on how to invest in BTT crypto in Canada.
| Current price | $0.00000040 |
|---|---|
| All-time high | $0.0000034 |
| All-time low | $0.00000037 |
| 1-year price change | ▼ -59.81% |
| Market cap | $397.16M |
| Market cap rank | #178 |
| Total volume (24h) | $16.45M |
| Circulating supply | 986,061,142,857,000 |
| Max supply | 990,000,000,000,000 |
| Network | Tron |
| Where to buy BTT | Buy on Kraken |
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.
The whole process of buying BTT can take as little as 15 minutes, and all you need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these five steps to learn how to buy BitTorrent in Canada:
The easiest way to buy BitTorrent is through a cryptocurrency exchange. Choose an exchange that offers low fees, a user-friendly platform or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada, or compare options below.
To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.
Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.
You can now exchange your funds for BitTorrent. On beginner-friendly exchanges, this is as simple as searching for the coin name (BitTorrent) or its crypto code (BTT), entering the CAD or BTT amount you want to purchase and clicking "Buy."
Consider transferring your BTT to help protect against hacks, scams, platforms going bankrupt and other risks of keeping crypto on an exchange.
We've curated a list of legitimate crypto exchanges below where you can buy BitTorrent in Canada to help you compare deposit methods, supported fiat currencies and fees.
To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.
The recent BitTorrent (BTT) price is $0.00000040 USD per coin, which is +0.54% higher than the previous day's trading price of $0.00000040 USD. Over the past 30 days, BTT's price has changed by +1.98%, from $0.00000040 USD to the current price of $0.00000040 USD. Compared to this time last year, BitTorrent's price has seen a decrease of -59.81% to its value as a cryptocurrency.
BitTorrent reached its all-time high of $0.0000034 USD on January 21, 2022. After that, it dropped by -89.35% to its all-time low of $0.00000037 USD on October 13, 2023. It has since climbed back up to its current price of $0.00000040 USD.
Yes, you can buy BitTorrent in Canada. Simply open an account with a crypto exchange that operates in Canada and supports BitTorrent—like the ones in our curated list above—and place a "buy" order. For example, Kraken supports BitTorrent and is a registered crypto exchange in Canada.
Because BitTorrent is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.
BitTorrent is one of the most famous peer-to-peer protocols on the internet, used to transfer files between users around the world in a process known as "torrenting", with an estimated 250 million monthly users. It is somewhat notorious thanks to its involvement in sharing pirated material, despite being owned and operated by a legal entity, BitTorrent Inc – which is now owned by blockchain platform TRON. The BitTorrent Token (BTT) is a relatively new addition to the network, used for purchasing a faster download speed on the network. Seeders (the name given to people who upload files) can then earn BTT which is meant to incentivize increased activity and bandwidth on the network. It operates on top of the Tron blockchain as a TRC-10 token.
To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.
If you want to buy BitTorrent with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.
This is a standard security procedure for most exchanges in Canada and requires you to upload government-issued photo ID, and, in some cases, a selfie with today's date.
KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.
Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying BitTorrent with a credit card, you should be aware of the additional cost and risks involved.
For instance, credit card fees are usually higher than bank transfers or e‑Transfers. Some card issuers may even block cryptocurrency transactions or treat them as cash advances, which are more expensive. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.
For example, if you were to use a credit card to buy BitTorrent, you could end up paying this:
If it took you three months to pay off your BitTorrent purchase at a credit card interest rate of 19.99% APR, you would pay an additional $0.000021 USD in interest on top of what you originally paid to buy BitTorrent.
This example can help you compare the relative cost of buying BitTorrent with a credit card versus other lower‑fee methods like Interac e-Transfers.
You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying BitTorrent, or visit our guide on buying crypto with a credit card for more details.
Yes, it is possible to buy BitTorrent with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.
To buy BitTorrent with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.
Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.
The success of BTT is connected to the sometimes controversial BitTorrent protocol as well as the Tron blockchain, which means you should keep a few things in mind before buying BTT
Legal: Torrenting is not illegal, but torrenting files (like Hollywood films) without the permission of the copyright owner is. If you plan on using the BTT token for torrenting, make sure to only download files you have permission to
Buying vs earning: BTT is relatively simple to earn. Tokens are awarded for uploading torrents (seeding) with a compatible client, like uTorrent Classic or BitTorrent Web.
Seeders will need to set up their wallet before they can earn or spend tokens. Alternatively, BTT can always be bought on a cryptocurrency exchange and sent to a wallet for use
Controversy: BitTorrent was purchased by the Tron Foundation in 2008, which manages development of the Tron blockchain. Tron is operated by Justin Sun, who has a history of controversy, mainly due to allegations that the Tron whitepaper is a copy of Ethereum's.
Since being acquired by Tron, The Verge reported BitTorrent employees have raised concerns about the new direction of the company, especially into cryptocurrency
There are two main options for storing BitTorrent once you've bought it—keep it on an exchange or store it in your own personal wallet. Take a look at our guide to the best crypto wallets in Canada to see our top picks.
While it can be more convenient to leave your BitTorrent on an exchange, you're vulnerable to risk if the exchange gets hacked or compromised in another way.
It's generally much safer to store your crypto on a software or hardware wallet, which gives you full control and custody of your coins.
Like all crypto, BitTorrent is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to other investments like stocks and ETFs.
Money you get from selling BitTorrent can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual BitTorrent buyer than if your crypto profits are classified as business income.
You can learn more about how crypto taxes work in our guide to crypto tax in Canada.
Keep in mind that buying BitTorrent can be risky. But if you decide to invest in BitTorrent, look for a regulated crypto exchange in Canada that supports BTT, and make sure to store your crypto securely.
Once you've bought BitTorrent, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on BitTorrent's price over time to decide whether to keep it on an exchange, sell it or move it to your wallet.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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