Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
BitTorrent (New)

BitTorrent (New) priceBTT

focusIcon
subscribe
Quote currency:
USD

BitTorrent (New) price calculator

More cryptocurrencies calculator >
BTT
VectorImg
USD
1 BTT = 0.{5}1337 USD
Last updated 2024-04-22 07:25:36(UTC-0)

BitTorrent (New) price live data summary

The live price of BitTorrent (New) is $0.{5}1337 per (BTT / USD) today with a current market cap of $1.29B USD. The 24-hour trading volume is $28.55M USD. BTT to USD price is updated in real time. BitTorrent (New) is -0.19% in the last 24 hours. It has a circulating supply of 968,246,400,000,000 .

What is the highest price of BTT?

BTT has an all-time high (ATH) of $0.{5}3054, recorded on 2022-01-18.

What is the lowest price of BTT?

BTT has an all-time low (ATL) of $0.{6}3657, recorded on 2023-10-13.

BitTorrent (New) price performance in USD

24h7d30d90d1yAll-time
-0.19%-1.60%-0.58%+53.38%+104.91%-98.89%

BitTorrent (New) price history in USD

TimeLowHigh
24h$0.{5}1305$0.{5}1344
7d$0.{5}1185$0.{5}1363
30d$0.{5}1185$0.{5}1692
90d$0.{6}7738$0.{5}2184
1y$0.{6}3657$0.{5}2184
All-time$0.{6}3657(2023-10-13, 192 days ago )$0.{5}3054(2022-01-18, 2 years ago )

BitTorrent (New) market information

Market cap
$1,294,945,795.34
-0.19%
Fully diluted market cap
$1,324,039,314.32
-0.19%
Volume (24h)
$28,554,008.37
-16.17%
Market rankings
Circulation rate
+97.00%
24h volume / market cap
0.022
Circulating supply
968,246,400,000,000 BTT
Total supply / Max supply
990T BTT
-- BTT

BitTorrent (New) ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

About BitTorrent (New)(BTT)

What is BitTorrent?

BitTorrent is a peer-to-peer (P2P) file-sharing protocol that allows users to distribute digital files over the internet. Unlike traditional methods where you download files from a single central server, BitTorrent shares the downloading load among multiple computers. This approach speeds up downloads and lowers the costs associated with hosting large files. Popular for sharing large files like movies, games, and software, BitTorrent has been a go-to solution since its creation by Bram Cohen in 2001. In 2019, a new cryptocurrency called BitTorrent Token (BTT) was introduced after Justin Sun acquired the protocol in 2018.

Resources

Official Whitepaper: https://www.bittorrent.com/btt/btt-docs/BitTorrent_(BTT)_White_Paper_v0.8.7_Feb_2019.pdf

Official Website: https://bt.io/

How Does BitTorrent Work?

BitTorrent operates without a central server, using a decentralized framework. Files to be shared are broken into smaller pieces, making it easier to download them. Here's a simplified step-by-step breakdown:

- Torrent File: The process begins with a small 'torrent' file, which contains metadata about the digital file you want to download. This torrent file is often downloaded from a website and loaded into a BitTorrent client (software).

- Tracker and Peers: The BitTorrent client contacts a 'tracker' specified in the torrent file. The tracker is a server that keeps a list of all computers ('peers') that are sharing the specific file.

- Swarm: All the peers that are sharing the pieces of the file create a 'swarm.' Your BitTorrent client will connect to multiple peers in this swarm to download different pieces of the file.

- Seeders and Leechers: Within the swarm, 'seeders' are the ones who have a complete copy of the file and are only uploading data. 'Leechers' are those who are still downloading the file. The more seeders there are, the faster the download speed generally is.

- Piece Download: The BitTorrent client downloads multiple pieces of the file simultaneously from different peers. Once a piece is downloaded, the client also starts uploading that piece to help others in the swarm.

- File Completion: Once all pieces are downloaded, the BitTorrent client reassembles them to form the complete file, making it accessible for use.

What is BitTorrent (New) Token (BTT)?

BitTorrent Token (BTT) is a cryptocurrency developed to improve the BitTorrent protocol. Introduced in 2019, the token aims to incentivize users to seed files for longer periods, thus enhancing the network's speed and efficiency. Users can earn BTT by seeding files, and they can spend the tokens to accelerate download speeds or access premium features. BTT integrates blockchain">blockchain technology into the BitTorrent network to provide a secure and transparent way of compensating users for contributing to the network's performance.

Which Factors Affect BitTorrent (New) Token (BTT) Price?

The price of BitTorrent Token (BTT) is influenced by a variety of factors similar to other cryptocurrencies. Market sentiment, adoption rates, and technological developments within the BitTorrent ecosystem can have a significant impact on BTT's valuation. Regulatory news concerning cryptocurrencies can also sway investor sentiment and, therefore, price. Additionally, the utility of BTT within the BitTorrent network—for example, its use in enabling faster download speeds—can affect demand and, consequently, its price. It's also worth noting that BitTorrent's partnerships, or the lack thereof, with other technological platforms and the broader adoption of the BitTorrent protocol can indirectly influence BTT's market value.

Another crucial factor affecting the price of BTT is the overall condition of the cryptocurrency market, as BTT often moves in correlation with the larger market trends set by major cryptocurrencies like Bitcoin and Ethereum. Economic factors, such as inflation rates and interest rates, can also have an indirect impact on BTT price, as they influence investor behavior in the broader financial markets. Finally, speculative trading often contributes to short-term price volatility, driven by traders aiming to capitalize on price swings. Given that the cryptocurrency market is still relatively young and less regulated, BTT is subject to high volatility, making it susceptible to rapid price changes due to the aforementioned factors.

BitTorrent's Impact on Finance

BitTorrent has evolved from a file-sharing platform into a financial instrument with the introduction of BTT. This cryptocurrency has created a token-based economy within the BitTorrent ecosystem, offering both new investment opportunities and challenges. BTT is tradable on various cryptocurrency exchanges, turning it into a financial asset.

Conclusion

Though BitTorrent began as a tool for sharing digital files, its impact on financial systems is becoming increasingly significant. From democratizing content distribution to introducing a tradable cryptocurrency and providing a testbed for decentralized financial systems, BitTorrent has implications that financial analysts, investors, and regulators are just beginning to explore.

How to buy BitTorrent (New) (BTT)

Buying BitTorrent (New) on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy BitTorrent (New) (BTT) .

Trade BTT perpetual futures

After having successfully signed up on Bitget and purchased USDT or BTT tokens, you can start trading derivatives, including BTT futures and margin trading to increase your income.

The current price of BTT is $0.{5}1337, with a 24h price change of -0.19%. Traders can profit by either going long or short onBTT futures.

Join BTT copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or BTT tokens, you can also start copy trading by following elite traders.

People are also inquiring about the price of BitTorrent (New).

What is the current price of BitTorrent (New)?

We update our BitTorrent (New) to USD price in real time. Get the live Price of BitTorrent (New) on Bitget.

What is the 24 hour trading volume of BitTorrent (New)?

Over the last 24 hours, the trading volume of BitTorrent (New) is $28.55M.

What is the all-time high of BitTorrent (New)?

The all-time high of BitTorrent (New) is $0.{5}3054. This all-time high is highest price for BitTorrent (New) since it was launched.

Can I buy BitTorrent (New) on Bitget?

Yes, BitTorrent (New) is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy BitTorrent guide.

Can I get a steady income from investing in BitTorrent (New)?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy BitTorrent (New) with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

Is BTT a good investment?

Considering an investment in the BitTorrent Token can diversify your crypto holdings, especially if you value blockchain projects with tangible real-world utility. As a pioneering P2P file-sharing service, the BitTorrent protocol has multiple practical applications, elevating the intrinsic value of its native BTT token. As the BitTorrent team introduces more ways to capitalize on its token-centric ecosystem, including unveiling fresh BTT use cases or enhancing benefits for its user base, the value of the token could rise. The trajectory of BTT's price can also be influenced by the broader crypto market's sentiment. A bullish atmosphere can elevate demand for altcoins like BTT, propelling its price. Conversely, a bearish stance might deter investors, potentially dampening BTT's value.

What is BTT price prediction?

Although it is impossible to offer an accurate BitTorrent Token price prediction over any duration, you could monitor several fundamentals that drive price action and volatility in the price of BTT. These include: Level of Adoption and Use:The value of BTT token varies based on the cryptocurrency’s use level and the BitTorrent ecosystem. The BitTorrent Token price is boosted when more users sign up to access BitTorrent’s file-sharing service and pay for faster downloads using BTT. Future Developments:As BitTorrent launches new applications that require the use of BTT tokens as incentives, the demand for the crypto could climb higher. This could drive up the value of BitTorrent Token in the market. Market Outlook:The bullish or risk-on mood towards cryptocurrencies or news of mainstream adoption of platforms like BitTorrent increase investor confidence and support the price of BTT crypto. However, bearish or risk-averse sentiment could drive investors away, resulting in sell-offs that could weaken the BitTorrent Token price.

What is the difference between BTT and BTT new?

The BTT Redenomination represents an enhancement of the BTT token, utilizing superior blockchain technology. The BitTorrent Chain facilitates compatibility with public chains like Ethereum, TRON, BSC, and more, ensuring quicker, safer transactions and reduced transaction costs.

What is the use case of BTT token?

BTT, as BitTorrent protocol's native cryptocurrency, boasts several applications: Token Utility As the BitTorrent protocol's TRC-20 utility token, BTT facilitates faster downloads on the BitTorrent Speed platform. Users can purchase quicker access, while those offering enhanced bandwidth and storage can earn BTT. Plus, once a file is downloaded, users seeding that file further bolster the network and earn BTT in return. Trading and Investment Asset Investors can trade BTT against a myriad of cryptocurrencies, leveraging market dynamics for profit. Whether you're buying, selling, or maintaining a long-term hold on BTT, belief in BitTorrent's potential is key. Ensure to monitor BitTorrent Token's real-time price, market cap, circulating supply, and 24-hour trade volume before making trading decisions.

How do I earn BTT tokens?

Earning BTT can be approached in several ways: Offer Fast Downloads with Extra Bandwidth:Boost your BTT earnings by uploading on BitTorrent and granting quicker downloads for users. This is achieved by offering enhanced bandwidth and storage. Seed Your Files:By seeding files on BitTorrent Speed, you can earn BTT passively. Though it might yield less than uploading, it's a simpler way to earn. Trade BTT:Increase your BTT stash by trading on platforms like Bitget. Ensure you're well-informed before trading to optimize gains and minimize risks.

Who owns BitTorrent (new)?

TRON Foundation Connection: Initially established in 2001 by Bram Cohen and David Harrison, BitTorrent Chain became the leading platform for peer-to-peer data and file sharing. After nearly twenty years under their guidance, Justin Sun, through the TRON Foundation, acquired BitTorrent Chain.
Cryptocurrency investments, including buying BitTorrent (New) online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy BitTorrent (New), and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your BitTorrent (New) purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

Trade

Earn

BTT is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support BTT trades.
You can trade BTT on Bitget.

BTC/USDT

Spot

BTC/USDT

Margin

BTC/USDT

USDT-M Futures

BTC/USD

Coin-M Futures

Copy trading

龍蝦阿咪
龍蝦阿咪
insight288/1000
1513.46%
ROI
Total profit $1,245,870.25
Jessica-QF
Jessica-QF
insight669/1000
16807.13%
ROI
Total profit $40,994.96
Contracts
MoreMore
https://img.bitgetimg.com/multiLang/develop/web/BNB.png
BNB Smart Chain (BEP20)
0x352C...BaE434B
BNB Smart Chain (BEP20)
BNB Smart Chain (BEP20)
Links
BitTorrent (New)BitTorrent (New)BitTorrent (New)BitTorrent (New)

Related assets

People also view
People who viewed BTT also show interest in the following cryptocurrencies.
Trending assets
Assets with the biggest change in unique page views on Bitget.com over the past 24 hours
BitcoinBitcoinPanda SwapPanda SwapAnkrAnkr
Mumu the BullMumu the Bull
PepePepeBonkBonkSolanaSolana
Merlin ChainMerlin Chain
Popular cryptocurrencies
A selection of the top 12 cryptocurrencies by market cap.
Comparable market cap
Among all Bitget assets, these 12 are the closest to BitTorrent (New) in market cap.