Buy Bittorrent (BTT)
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Buy Bittorrent in India
BTT can be used for a variety of services in the ecosystem. Service requesters can advertise bids and pay with BitTorrent Token for more bandwidth to receive content while Service providers will be incentivized to distribute content to more people, ensuring more robust performance. Second, BitTorrent Token is used to pay for decentralized storage service allowing for users to pay for services over time and to download stored data from these providers for a fee. This can be useful for remote backup and sharing of data among small groups. Finally, users can pay for a decentralized proxy service that will allow requesters to retrieve content over URL in order to evade IP-level network control.
What is Bittorrent ?
BitTorrent (BTT) is a cryptocurrency that operates on the Tron Foundation blockchain. It is connected to a renowned file-sharing service BitTorrent Token. It was created with an eye to tokenize BitTorrent, the largest decentralized file-sharing protocol in the world. BTT is a TRC-10 utility token based on the blockchain that powers features of the most popular decentralized protocols and applications in the world. BTFS is a decentralized file storage system supported by millions of BitTorrent user nodes. By running on the blockchain, which has a Delegated proof of Stake method of processing blockchain transactions, BTFS addresses these limitations. BTFS represents the first decentralized storage system that can be used by decentralized application (DApp) developers. Soon, BTT will be introduced into the BTFS ecosystem to incentivize a fair and abundant file system.
History of Bittorrent ?
Project Atlas, was announced by Tron Foundation in 2018 after Sun acquired BitTorrent Inc. The total supply of BTT is 990 billion tokens, all of which were created at the inception of the blockchain. The distribution of the tokens started in early 2019 via several means. First, a token sale was launched on Binance where users could pay for their BTT either in TRX (Tron’s native token) or in BNB (Binance’s native token). The sale of 59.8 billion tokens, worth about $7.2 million, sold in minutes. Second, Tron announced an airdrop that will eventually send a total of 10.1 percent of the total supply to TRX holders (Tron Foundation’s native token). The airdrop started in February 2019 and is set to run monthly until February 2025. The monthly airdrop is also set to get bigger as time goes on, increasing in February of every year, ending at 1,402,500,000 BTT in February 2025.
What is BITTORRENT Mining?
You can keep using your existing client, as it's fully compatible with the new generation of BitTorrent Speed enabled torrent clients. There is no support for mining. By connecting the BitTorrent peer-to-peer network to the TRON blockchain, we offer a new experience to over 100M+ users. BitTorrent Token is built on top of the Tron protocol as a TRC-10 cryptographic token. This process, named BitTorrent Speed, helps with downloading speed and users to keep their files on the torrenting software, which, in turn, will give users the ability to download files that they want more easily. Furthermore, BTT tokens have monetary value, meaning that users can convert the tokens into fiat money or spend it to unlock benefits on the network.
What is BITTORRENT halving?
BitTorrent Is about to jump over 300% this Year when Bitcoin Halving appears. Within the BitTorrent ecosystem, individuals can act one of the two ways, as “service requesters” or “service providers”. A requester offers BTT to a provider in exchange for local resources, such as bandwidth to receive content, storage for remote backup and/or decentralized proxy services. While users are now incentivized to download and seed files for BTT, it should be noted that they do not have to interact with BTT in order to be part of the Bittorrent ecosystem. Furthermore, BTT is incorporated as an incentive system within the BitTorrent ethos. The purpose of these incentives are to promote the BTT project to current and prospective participants, to allow for governance on the Blockchain and to facilitate future discussions about protocol upgrades and extensions.
BitTorrent Token Price and Trade analysis
As of September 9, 2020,Conversion rate for BitTorrent to INR for today is ₹0.02528023. It has a current circulating supply of 659 Billion coins and a total volume exchanged of ₹10,694,543,184. BitTorrent has a great future. It is predicted that BTT may eventually be recognized as a top 10 cryptocurrency in the next couple of years. By around year 2025, may land a high price of around $0.01 and may even further the gains into the next couple of years. The trading volume data allows to assess the overall strength of the trend, which, in turn, provides means for a more precise BTT price forecast, and predicts the shifts in supply and demand that play a decisive role in price changes in both immediate and distant future. BitTorrent trading volume for the past 24 hours is $191 798 480 that constitutes the increase from the previous day. The current tendencies with regard to changes in the average trading volume reveal the increasing demand for BTT coins on the backdrop of the decreasing supply of the corresponding cryptocurrency.
Why to buy Bittorrent token in India?
The total supply of BTT is 990 billion tokens, which will be unlocked following a certain schedule until 2028 by the BitTorrent Foundation. The sale of tokens, both public and private, constituted 17 percent of the total token supply, while the airdrop accounted for 20.1 percent of the total supply. The BitTorrent Foundation and its team were allocated 19 percent of the total BTT supply while the TRON foundation received 20 percent of the issued tokens. Finally, the BitTorrent ecosystem was awarded 19.9 percent of the total supply. The remainder of the tokens were given to Tron and BitTorrent foundation partners. BTT can be used for a variety of services in the ecosystem. Service requesters can advertise bids and pay with BTT for more bandwidth to receive content while Service providers will be incentivized to distribute content to more people, ensuring more robust performance.
How to Buy BitTorrent in India?
In India it is a wise option to choose BuyUcoin as the crypto exchanger to Get BTT Tokens. Step 1: Signup instantly with your google account by accepting the terms and conditions. Step 2: Enter the referral code if any and also set a new password. Step 3: Add your bank details and also verify KYC Step 4: In OTC desk click on Direct Buy Step 5:Buy BTT Token using INR
Where to buy BitTorrent Token in India from?
Are you in India wondering where to deposit your INR to start Investment in Bittorrent for BTT tokens? Buyucoin is the wisest choice as it has no exchange or transaction fee to incur as like the rest of crypto exchangers. BuyUcoin also accepts direct UPI from virtual accounts with zero trading where Lumen tokens can be directly bought using INR in a fraction of seconds.You can trade up to 10,000 INR value of cryptocurrency without any prior registration and KYC using BuyUcoin EZ Platform.
Where to sell BitTorrent (BTT) in India?
BuyUcoin has recently launched a new option called EZ where there is a limited Time Offer of 0% Trading Fees for Direct Crypto Buy/Sell Options for 40+ crypto currencies including Bittorrent. Just one-click can get you, your desired crypto token to buy & sell, increasing the interactivity where Hassle free crypto trading is also ensured. So,BuyUcoin is the best place to get BTT Tokens for Bittorrent.
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