FXTM information and reviews
FXTM
92%
IronFX information and reviews
IronFX
91%
Libertex information and reviews
Libertex
90%
FxPro information and reviews
FxPro
89%
FIBO Group information and reviews
FIBO Group
88%
FXCM information and reviews
FXCM
87%
EUR/USD
1.2084
GBP/USD
1.407
USD/JPY
109.5559
USD/CHF
0.9083
USD/CAD
1.2111
EUR/JPY
132.3867

BitTorrent Rating, BTT Price and Marketcap


The live BitTorrent price today is $0,003217 USD with a 24-hour trading volume of $1 248 339 107 USD. BitTorrent is down 9,96% in the last 24 hours. The current CoinMarketCap ranking is #34, with a live market cap of $3 185 112 164 USD. It has a circulating supply of 989 980 422 741 BTT coins and the max. supply is not available.

The top exchanges for trading in BitTorrent are currently Binance, Huobi Global, BitZ, OKEx, and HBTC. You can find others listed on our crypto exchanges page.

What Is BitTorrent (BTT)?

BitTorrent is a popular peer-to-peer (P2P) file sharing and torrent platform which has become increasingly decentralized in recent years. Originally released in July 2001, BitTorrent was purchased by blockchain platform TRON in July 2018.

Since its acquisition, BitTorrent has added various new tools, with a dedicated native cryptocurrency token, BTT, released in February 2019. BTT was launched on TRON’s own blockchain, using its TRC-10 standard.

According to its official literature, BitTorrent is currently the “largest decentralized P2P communications protocol” in the world.

Who Are the Founders of BitTorrent?

The original BitTorrent is the brainchild of Bram Cohen, a developer and entrepreneur who himself has since become well known in the cryptocurrency arena. Cohen has explained that he designed BitTorrent to usurp the dated entertainment industry, which made obtaining material slow and expensive.

The platform has seen multiple legal battles, with Cohen maintaining that it does not break copyright laws in allowing users to share files such as music and movies among themselves.

In 2018, TRON completed its acquisition of BitTorrent, bringing BitTorrent under the control of Justin Sun. Sun is notorious for his plugging of both TRON as a cryptocurrency and its blockchain technology, bidding $4.5 million at a charity auction to have lunch with Warren Buffett (well-known anti-crypto figure) and discuss cryptocurrency with him. TRON is also behind the addition of cryptocurrency to BitTorrent, as the BTT token was released on TRON’s blockchain. The move formed part of TRON’s efforts to add further decentralized features to the platform.

What Makes BitTorrent Unique?

BitTorrent’s original goal was to disrupt the legacy entertainment industry and how consumers obtain content. Expensive and inefficient distribution networks were the main target, with original developer Bram Cohen seeing benefits in allowing internet users to distribute content among themselves directly.

In the early 2000s, BitTorrent became the go-to P2P file sharing platform, with TRON stepping in 2018. Under TRON, BitTorrent has expanded its user appeal to those interested in decentralized solutions and cryptocurrency, as well as to its own user base.

Among the added features are BitTorrent Speed, which uses the BTT token as part of its operations. BitTorrent has also branched out into paid services, offering several “premium” versions of its platform which include VPN capabilities and ad-free browsing.

* Forex Rating accepts no liability for any errors in the BitTorrent Price or BTT Information. For the most recent information please visit the BitTorrent official site.

Top Cryptocurrencies

# Cryptocurrency 7 days
1 BTC Information Bitcoin -11.98514216%
2 ETH Information Ethereum 10.24284055%
3 BNB Information Binance Coin -7.33438782%
4 DOGE Information Dogecoin -13.47961375%
5 ADA Information Cardano 18.01727808%
6 USDT Information Tether -0.01280851%
7 XRP Information XRP -14.40459532%
8 DOT Information Polkadot -1.15015999%
9 NPXS Information Pundi X[old] 2584.47%
10 BCH Information Bitcoin Cash -10.67563994%
Cryptocurrency Rating

BTC/USD Forecasts

Ethereum Races to $4000 Helping Altcoins Post Triple Digit-Gains

It has been an incredible rise to a new all-time high for Ethereum, the second-largest cryptocurrency by market cap. The coin managed to break the important $3000 mark...

13 May 2021

Bitcoin loses 6% in an hour after Tesla drops payments over carbon concerns

Bitcoin has shed nearly 6% in an hour after Tesla suspended its support for payments in BTC. The Bitcoin markets are pulling back after electric car manufacturer Tesla...

13 May 2021

Equities and Bitcoin Lower, USD Flat

US Equities down again (-0.92%), USD (91.20) & Yields (1.55%) flat, BTC tanks under $50k on Biden proposal to raise capital gains tax to 40%. ECB nothing new...

23 Apr 2021

Bitcoin price drops to $52K, liquidating almost $10B

Bitcoin (BTC) fell to sudden lows of $52,000 on April 18 in a timely reminder of how price action often follows hash rate. Cointelegraph Markets Pro and TradingView...

19 Apr 2021

© 2006-2021 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.