Update: According to the latest plan, the transition period will end at 11:00 on January 25, 2022. This means that the exchange transaction for BTT (later BTTC) will be reopened at 4:00 UTC on January 25, 2022.
According to the rebranding plan of BitTorrent, this project will make the conversion from BTT token to BTTC token at a ratio of 1:1000 (1 BTT = 1,000 BTTC).
To aid in this transition, ONUS will halt all trading in BTT assets including: Off-chain, On-chain deposits/withdrawals, and Exchange.
Maintenance time: From 0:00 AM UTC on January 11th, 2022 to 10:00 AM UTC on January 21st, 2022.
On January 21st, 2022, full functionality for BTT assets will be restored when the maintenance progress completed.
About BitTorrent and BTT Token
BitTorrent is one of the most popular file-sharing platforms in the world. BitTorrent’s protocols allow users to create content on its ecosystem while connecting with viewers through the Tokenomics mechanism, built on TRON’s blockchain. With the available user base, BitTorrent has become the world’s largest blockchain-based application after integrating blockchain technology.
BTT belongs to the Utility Token category, a cryptocurrency in the ecosystem of the BitTorrent project (BTT). The BTT Token creates an incentive for all members of the BitTorrent network (BTT) to participate and contribute. BTT is a token built according to the TRC-10 standard of TRON Blockchain. Currently, BTT is available on many prestigious global exchanges such as KuCoin, OKEx, Binance, BitMax, etc.