How to buy BitTorrent | Buy BTT in 3 steps | finder.com

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How to buy BitTorrent (BTT)

A beginner's guide to buying and selling BTT in the US.

How to buy BitTorrent

Look for an exchange that supports both fiat and cryptocurrency to simplify buying BitTorrent.

  1. Open an account on an exchange that supports BTT.
    Most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy BitTorrent.
  3. Buy BitTorrent.
    Complete your BitTorrent purchase and then find the best wallet to store BTT.
The whole process can take as little as 15 minutes.
Disclaimer: This information is not advice to buy cryptocurrency, a recommendation for BitTorrent or an endorsement of any particular provider or service. Talk with a financial professional before any investment or purchase.

What is BitTorrent?

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.

BitTorrent (BTT) is the 28th largest cryptocurrency in the world by market cap, valued at $5,453,845,541. The current price of BitTorrent is $0.008, which is 0.000% lower than yesterday. Prices have ranged between $0.009 and $0.008 over the past 24 hours. All prices are listed in US dollars and accurate as of April 21, 2021 06:04 UTC.

Where to buy BitTorrent

Find an exchange to buy, sell and trade BTT by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
KuCoin Cryptocurrency Exchange
Cryptocurrency, Interac e-Transfer, PayPal, Wire transfer, Credit or Debit Card
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

211
cryptocurrencies

Finder Exclusive: Get up to 10 USDT in trading fee rebates for signing up and making a deposit, and up to 30 USDT in trading fee rebates after buying with fiat. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
CEX.IO Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, SWIFT, SEPA, Faster Payments (FPS)
USD, EUR, GBP, RUB

22
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Use your USD, EUR or RUB to buy and sell cryptocurrency at competitive exchange rates and with high maximums for verified accounts.
CoinSwitch Cryptocurrency Exchange
Credit card
USD, JPY, RUB, EUR

387
cryptocurrencies

CoinSwitch allows you to compare and convert over 250 cryptocurrencies across all exchanges.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

219
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
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Compare up to 4 providers

BitTorrent coin price

Use our graph to track the performance of BTT over time.

BitTorrent at a glance

Information last updated April 21, 2021 06:04 UTC.
Coin symbol BTT
Total BTT supply 990,000,000,000
Circulating BTT 659,071,882,049
Current price US$0.00827258

BitTorrent price performance over time

Historical prices compared with the price of US$0.01.

1 hour 2.14%
24 hours 0.00%
7 days -0.18%
14 days 2.14%
30 days -2.46%
60 days -19.88%
200 days 130.60%
1 year 464.26%

How to sell BitTorrent

You can cash out your BTT with the same exchange you bought it through:

  1. Sign in to the exchange you have BTT on.
    If you store your BitTorrent in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of BTT you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of BitTorrent.

What to consider when buying BitTorrent

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. Hackers will also 
  • 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 the Tron whitepaper is a copy of Ethereum. Since being acquired by Tron, BitTorrent employees have raised concerns about the new direction of the company – especially into cryptocurrency.

Disclaimer: Cryptocurrencies, including BitTorrent, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BTT 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 BitTorrent or any other cryptocurrency discussed.

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