Btt old где обменять

Since BitTorrent Speed and BTT was introduced into BitTorrent’s Windows and Mac-based products, millions of users have enjoyed the benefits of a speedier downloads and a healthier peer-to-peer network. With that, many BTT holders have asked about the BTT redenomination plan and the swap from BTTOLD to BTT. First, it’s important to note that the redenomination has no impact on the location of your tokens. Your tokens will not go anywhere and we will continue supporting both BTTOLD and BTT until you make the swap.

What is the BTT redenomination?

The BTT Redenomination is an upgrade of the BTT token to a faster, better blockchain technology. BitTorrent Chain enables interoperability with the public chains of Ethereum, TRON, BSC and others, while driving faster and more secure transactions and lower transaction fees. During the redenomination, BTT will maintain its current market cap, and swap the old TRC10 BTT token with the new TRC20 BTT token at a ratio of 1:1000. The existing BTT will be renamed as BTTOLD whereas the new token will be named BTT. Note that on Binance, the new BTT will be called BTTC.

To redenominate BTTOLD, the total supply of the tokens will be increased from 990,000,000,000 to 990,000,000,000,000, with the market cap unchanged. The BTT tokens will be upgraded from TRC10 to TRC20, and the new BTT will be issued as TRC20 tokens on the TRON mainnet and mapped to the BTTC mainnet.

What are the Benefits of the redenominating BTTOLD?

There are four main reasons for doing a redenomination.

Cross chain support. The new BTT token, is interoperable between Tron, Ethereum, and BSC networks
Faster transactions. The underlying protocol adopts the PoS consensus mechanism, which speeds up transactions, with an average block time between 2 to 3 seconds
More secure. Proven security of mainchain and multi-node validation work together to safeguard every transaction
Lower fees. Extremely low transaction fees (<$0.01 on estimated average) eliminate the headache of paying exorbitant transaction fees

What will happen to my tokens after the redenomination?

After the redenomination, your tokens will become BTTOLD. Your tokens will not go anywhere and BTTOLD and BTT will continue to be supported. If you have not swapped your tokens by January 12, 2022, nothing will happen, and they will remain as BTTOLD until they are exchanged.

The contracts to swap the old tokens for the new tokens will be effective permanently and users can swap at any time.

How do I swap BTTOLD to BTT?

Swapping depends on where you hold your BTTOLD. There are two scenarios:

1. Your BTTOLD is held on exchanges:

Depending on where you exchange, there may be different procedures to swap BTTOLD to BTT. Please find your exchange below and follow their instructions. If your exchange has not provided any information, please reach out to them directly.

PLEASE NOTE: While the issuers of BTT have worked with many exchanges to streamline the redenomination process, BitTorrent makes no representation or warranties regarding the specific redenomination procedures of the respective independent exchanges. All transactions initiated on a third party platform are subject to and governed by the Terms and Conditions of the respective platform.

Exchange	BTT Redenomination Announcement	Support Address	Support Address
Binance	Announcement	Support Address	Submit a Request
Gate.io	Announcement	Support Address	Submit a Request
Metamask	Announcement	Support Address	Submit a Request
Huobi	Announcement	Support Address	Submit a Request
TronLink	Announcement	Support Address	Submit a Request
MEXC	Announcement	Support Address	Submit a Request
EXMO	Announcement	Support Address	Submit a Request
LEDGER	Announcement	Support Address	Submit a Request
Atomic Wallet	Announcement	Support Address	Submit a Request

If your exchanges do not support the BTT redenomination plan for now, you need to withdraw your BTTOLD to TronLink Wallet, and then swap them on the BitTorrent Chain website.

2. Your BTTOLD is held on wallets:

If your BTTOLD is held on decentralized wallets, you need to deposit your BTTOLD to your preferred exchanges and withdraw them to TronLink wallet. Then swap them on the BitTorrent Chain website.

How do I swap BTTOLD to BTT via TronLink?

Please click here for a video tutorial.

Go to https://bttc.bittorrent.com.

2. Add TronLink to Google Chrome extensions.

3. Click “Swap BTT” on https://bttc.bittorrent.com, and click “Connect to wallet”.

4. Enter the amount of BTTOLD you would like to swap.

5. Sign and approve the action in your wallet.

I need more information. Where do I go?

When looking for information about products leveraging the BitTorrent ecosystem, please make sure you start your search from our official websites listed below:

When seeking BTT news and information, interact with official, verified, accounts only. This is applicable for both BitTorrent and the exchanges where BTT is available. A full list of key communication channels include:

BTFS WeChat (customer service): BTTService02

As always, please do not share your personal information with anyone online, including your private key or your recovery phrase. BitTorrent representatives will never request personal information from you other than what is needed, such as your email address, to answer your inquiry. Most importantly, we will never request your BTT private key or recovery phrase.

How to Swap BTTOLD to New BTT?

In this article, we will learn about BitTorrent and its token. Further, you will also find out why the new BTT token was made and learn the steps regarding how to Swap BTTOLD to a new BTT.

Table of Contents

Summary

BitTorrent is one of the most popular network protocols for peer-to-peer file sharing.
As millions of users became its part, BitTorrent struggled to monetize. Therefore, it was adopted by the Tron Foundation.
The Tron foundation introduces the BTT token as the solution to the issue mentioned above.
Moreover, the Tron foundation also introduced the Tron blockchain, which is a decentralized digital platform for users to share their media content.
TronLink Wallet is a crypto wallet to store TRON token (TRX) and other cryptos.
Users have to download and add their BTTOLD tokens to TronLink Wallet to swap them to the new BTT.

What is BitTorrent?

Before understanding the BTT coin, let’s first see what BitTorrent is. BitTorrent is one of the popularly known peer-to-peer (P2P) file-sharing protocols that let users transfer large files, including digital videos or audio files. With the emergence of BitTorrent, users joined a network of computers running software to enable them to exchange files rather than downloading or uploading files.

However, after a few years, it was struggling to monetize the popular services it was offering. Therefore, in 2019, the Tron Foundation acquired it, which are the creators of the Tron blockchain. To take things further ahead for BitTorrent, they introduced the BitTorrent token BTT to solve the issue of monetization of their services.

What is BTT Token?

BTT coin is a TRC-10 utility token that is based on blockchain. Tron Foundation adopted BitTorrent in early 2019. So, they introduced BTT (BitTorrent Token) to add incentives for torrenting and solve some issues.

Further, BTT incentive prizes are also available to BitTorrent client implementers, online publishers, and third-party software developers. Also, its incentives will be used to advertise the BTT initiative, which will be presenting potential participants. Moreover, the team is also planning to govern the BTT ecosystem’s participation and membership standards.

Bittorrent Token

BitTorrent Token

What is Tron Blockchain?

Tron is a blockchain-based decentralized digital platform that was founded in 2017 and has its own cryptocurrency, TRX (Tronix). It was introduced by the Tron Foundation, a non-profit organization. This organization (Tron) aims to host a system for the cost-effective sharing of digital content. Also, the main aim of Tron was to allow entertainers and content creators to come together and form a network without an intermediary.

It was launched for Asian countries only during the initial days, but now it has gone global. As of now, the platform has more than 74 million accounts and is one of the world’s fastest-growing public chains. Also, its structure has been compared to the Ethereum platform, as it also uses decentralized applications (dApps), smart contracts, and tokens.

Tron Blockchain

Tron blockchain

What is the Tron wallet?

Tron company is a decentralized blockchain that people use to develop applications and share their media content. Further, they can use the Tron blockchain to pay the authors directly for their work. However, to get access to this, users will require a Tron token (TRX). Therefore, it should be stored in the Tron wallet to receive or payout.

So, the Tron wallet is a hosted wallet that can store TRX and ensure several security grades. It lets users refill their balance with almost every crypto. Further, users can also send Tron to any altcoin address. It is available for both Android and iOS users. Further, its extension is also available for Chrome and Firefox.

Tron Wallet

Tron wallet

What is Happening to BTT?

According to the BitTorrent-Chain whitepaper, various decentralized applications have become core drivers of the TRON network. However, the current blockchain ecosystem is not sufficient to support the demands for higher-level applications. Similar is why BitTorrent (BTT) is redenominated from TRC 10 token to a TRC20 token. Further, the new TRC 20 BTT token will be called BTT, while the old TRC 10 BTT token will be referred to as BTTOLD.

How do I swap BTTOLD to BTT via TronLink?

There are two scenarios on how you can swap your BTTOLD:

If BTTOLD is held on Exchange

If the exchange supports the BTT redenomination plan, then your crypto exchange will automatically swap all your BTTOLD into BTT. However, if that’s not the case, then you have to withdraw your BTTOLD to TronLink Wallet and then swap your tokens to BTT on the BitTorrent Chain Website.

If BTTOLD is held on Wallet

If the BTTOLD is stored on a decentralized wallet, users have to deposit their BTTOLD to their preferred exchanges and withdraw them through the TronLink wallet. Then, again swap them on the BitTorrent Chain Website.

Steps to Swap BTTOLD to New BTT

Download TronLink Wallet

First, you have to download the TronLink Wallet extension from the chrome web store. Visit the chrome web store, search for “TronLink,” and select the right one to add the extension.

Create Wallet

Now, you have two options, either you can create a new wallet or import the Wallet using your mnemonic phrase or private key. We will be creating a new wallet here.

Click on the TronLink Wallet extension to open it.
Now, select the option “Create Wallet.”

Tronlink Wallet

TronLink Wallet

Scroll through the agreement and click on select “I have read, no more reminders.”
Next, you have to enter the name of your Wallet and create a password.
Further, you can back up your seed phrase now or later, and you are all set to receive your BTTOLD.

Transfer BTTOLD into TronLink Wallet

In this step, you have to withdraw your BTTOLD into your TronLink Wallet from your exchange.

Open the TronLink wallet chrome extension.
Next, you have to click on the receive option from the menu.
Copy the wallet address.
Now, go to your exchange and log in.
Transfer all your BTTOLD to the wallet address you copied earlier.
After transferring, check on your TronLink Wallet whether you received it or not.

Swap BTTOLD to BTT

Visit the BitTorrent Chain website.
Now, click on “Swap BTT” from the top menu.
Click on “Connect to Wallet” on the right-hand side of the website.
Now, select “Connect to Tron Network.”
After connecting, you can enter the amount of BTTOLD you want to swap and click on “Confirm Swap” to complete the process.

Bittorrent Chain Website

BitTorrent Chain website

Conclusion

After being adopted by the Tron foundation, BitTorrent got its token BTT, a TRC 20 token. However, as the users started trading on it, other issues arose. Therefore, to solve them, they introduced a new BTT token that is a TRC10. Hence, now to swap the BTTOLD to the new BTT, users must create a TronLink Wallet, connect it with BitTorrent Chain and then swap them.

Frequently Asked Questions (FAQ)

Where to buy BTT crypto in?

Users can buy BTT on different exchanges, including Binance, Huobi, Upbit, DigiFinex, and others.

Is binance supporting BTT redenomination?

As per the announcement of Binance, they are fully supporting BitTorrent Token (BTT) migration, redenomination plan and renaming plan.

Can you mine BTT?

No, we can not mine BTT as the BitTorrent platform bases its protocol on the Delegated Proof-of-Stake algorithm. However, BTT lets users pay for downloading large files and higher bandwidth. Also, one can earn BTT by seeding once the user finishes downloading larger files.

Is BitTorrent crypto a good investment?

The answer varies as It will be highly beneficial to users who usually use uTorrent and uTorrent classic. So, for those users, it definitely is a good investment.

Обмен BitTorrent (BTT) на Bitcoin (BTC)

Ниже в списке перечислены обменники BitTorrent (BTT) → Bitcoin (BTC), ранжированные по обменному курсу. Определяя подходящий обменный сайт, необходимо уделять внимание и резерву валюты Bitcoin. Каждый обменник тщательно проверен администраторами нашего Интернет-сервиса.
Если вы впервые посетили нашу систему мониторинга, внимательно посмотрите видео , которое рассказывает обо всех функциях сайта BestChange.ru.

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Обмен BitTorrent на Bitcoin

Любой из обменников, который показан в таблице, готов предоставить услугу обмена Криптовалюта Битторрент → Криптовалюта Биткойн в ручном или автоматическом режиме. Следует обращать особое внимание на метки, которые могут быть расположены рядом с именем пункта обмена. У вас имеется возможность попасть на сайт выбранного вами обменного пункта с помощью единичного клика мышью по строке с его названием. Если вы перешли на сайт обменного пункта и обнаружили затруднения с обменом, вам необходимо обратиться к онлайн-консультанту сайта-обменника. Вероятно, что возникли временные трудности и на данном этапе работы сайта автоматический обмен BitTorrent (BTT) на Bitcoin (BTC) невозможен, тогда вам должны предложить обмен вручную. Если же интересующий вас пункт обмена так и не обменял Bit Torrent Cryprocurrency на BitCoin cryptocurrency, пожалуйста, сообщите нам. Только с вашей помощью мы сумеем вовремя принять необходимые меры: установим причину проблемы, либо же отключим данный обменный пункт из рейтинга.

Помните, что при переходе на сайты обменных пунктов с нашего мониторинга, курсы BitTorrent → Биткоин могут быть выгоднее, чем при обычном посещении обменников. Если у вас возникают сложности с обменом электронных денег и его алгоритмом, мы советуем посетить раздел FAQ и воспользоваться инструкцией по сервису.

Для верного подсчета суммы, которую вы получаете или отдаете, применяйте Калькулятор . В нашем мониторинге постоянно доступна точная Статистика курсов и резервов. Если обменные курсы вас не устраивают, используйте функцию Оповещение – задайте свои условия, и при появлении подходящих курсов вы получите уведомление на Telegram или электронную почту. Если пункты обмена не показаны, вы, в любой момент, можете воспользоваться Двойным обменом и найти подходящий вариант двух обменов при помощи транзитной валюты.

Безопасность обменных пунктов

Каждый из обменных пунктов, присутствующих на нашем сайте, был тщательно проверен перед добавлением, при этом команда BestChange непрерывно следит за надлежащим исполнением ими своих обязательств. Использование мониторинга позволяет повысить безопасность проводимых финансовых операций в обменных пунктах. При выборе обменного пункта, пожалуйста, обращайте внимание на отзывы других пользователей, размер резервов и текущий статус обменника на нашем мониторинге.

Hello, Can i swap old BTT to new now?

Guide to swap from OLDBTT to BTT 1- Install Tronlink.org 2- Create a wallet or import it if you already had one in another app 3- Deposit your OLDBTT in your TRON address. 4- Enter DISCOVER 5- Put https://wallet.bt.io/swap in the address bar and go 6- Say yes to all pop ups 7- Choose the number of BTT you want to swap and click on CONFIRM SWAP Note: TRON transactions consume TRX as gas, make sure you have

15 TRX or 40,000 Energy if you don't want to pay.

Btt old где обменять