BTTC Price today

BitTorrent is a P2P data-sharing platform allowing users to upload and share files like movies, music, and games. It has been around long before cryptocurrencies and became a part of the crypto world after TRON acquired it in 2018. Despite the acquisition, BitTorrent remains true to its original purpose, now enhanced by blockchain technology, allowing decentralized file sharing without centralized control.

BitTorrent was founded by Bram Cohen and Ashwin Navin in 2014. After TRON's acquisition in 2018, Justin Sun, TRON’s CEO, led its transformation into a blockchain-integrated platform. Key team members include Justin Knoll, VP of Product Management, and Marcus Zhao, who manages the Public Chain, both contributing significantly to BitTorrent's growth. With the support of TRON, BitTorrent continues to innovate and expand.

What is BTTC Coin?

BTTC Coin is the official cryptocurrency for the BitTorrent platform, using TRON's TRC-10 standard. It aims to enhance BitTorrent's file-sharing system, marking a new era for TRON and BitTorrent. With over 100 million users, BitTorrent was already popular when it launched BTTC.

BTTC Key Info:

• Token Symbol: BTTC
• Platform: TRON
• Standard: TRC-10
• Type: Utility Token
• Total Supply: 990 trillion BTTC
• Circulating Supply: 934.78 trillion BTTC
• Current Price: 0.0000006 USD 

BTTC Token Allocation:

• Public Sale: 6%
• Private Sale: 2%
• Seed Sale: 9%
• Gradual Distribution until 2025: 10.1%
• BitTorrent Protocol Airdrop: 10%
• Team and BitTorrent Foundation: 19%
• TRON Foundation: 20%
• BitTorrent Ecosystem: 19.9%
• Partners: 4%

Roles of BTTC Coin

BTTC Coin is crucial in BitTorrent’s ecosystem:

• Faster Downloads: Pay for quicker data downloads.
• Livestream Donations: Use BTTC as gifts during livestreams.
• Digital Asset Purchases: Buy digital assets with BTTC.
• Content Creator Support: Encourage content creators with BTTC rewards.
• Airdrop Fees: Reward holders with BTTC.
• Seeder Incentives: Motivate active members sharing bandwidth.

How BTTC Coin Works

Following Project Atlas, BTTC allows users to share data and earn tokens. Previously, users uploaded files to download others. Now, with BTTC, users can pay for files and even extra for faster downloads, benefiting both downloaders and content creators. TRON ensures no extra transaction fees, promoting free and creative exchanges.

What Factors Influence the Daily BTTC Price?

Factors influencing the daily BTTC price:

• Demand and Supply: The basic economic principle of demand and supply plays a major role. Higher demand with lower supply tends to push prices up and vice versa.
• Market Sentiment: How investors feel about BTTC, influenced by news and developments, can drive the price up or down.
• Adoption and Usage: Increased use in applications and platforms boosts its value, while low adoption can decrease it.
• Technological Changes: Innovations or issues in BitTorrent Chain's tech can significantly impact its price.
• Regulations: Government policies on cryptocurrencies can either encourage investment or cause market jitters.
• Economic Conditions: Factors like inflation, interest rates, and economic stability influence investor behavior and BTTC prices.
• Competition: The performance of other cryptocurrencies can affect BTTC's market position and price.

Why You Should Consider Investing in BTTC

BTTC is rapidly gaining popularity in the crypto world. Here’s why it’s attracting investors:

• Established History: BitTorrent’s been around for almost two decades, giving it a solid reputation.
• Entertainment Focus: Its ongoing focus on the entertainment industry ensures a growing user base.
• Leading P2P Protocol: It’s the largest decentralized peer-to-peer protocol, even bigger than Bitcoin.
• High Security: Boasts a secure network with a great ecosystem of decentralized apps.
• Strong Support: Backed by the successful TRON Foundation.
• Good Market Performance: Consistent success on major exchanges.
• Affordable: One of the cheapest cryptos, making it easy to invest in.
• Technological Edge: The new BitTorrent Chain offers fast, scalable, and low-cost transactions, enhancing its appeal.

Buying and Storing BTTC Coin

To get BTTC coins, you can buy them on crypto exchanges that list BTTC, such as ONUS, Binance,.. Additionally, you can earn BTTC by contributing resources to BitTorrent or mining BTTC tokens on the TRON blockchain.

For storage, you can keep your BTTC in the exchange wallet you use. For long-term storage, it's safer to use cold wallets.

How to Safely Trade BTTC Coin

Trading BTTC can be rewarding but comes with risks. Here are some tips to ensure safe trading:

• Choose a Reputable Exchange: Stick to well-known, regulated platforms like ONUS or Binance, which provide strong security and clear fee structures.
• Enable Two-Factor Authentication (2FA): Add 2FA to your account for extra security.
• Use Secure Wallets: Store your crypto in secure, preferably hardware, wallets to guard against hacks.
• Stay Informed: Keep up with market trends and news to make informed decisions.
• Implement Risk Management: Use stop-loss orders and diversify your portfolio to minimize risks.
• Educate Yourself: Continuously learn about crypto trading and market analysis to improve your skills.

By following these tips and leveraging the tools available on platforms like ONUS, you can trade BTTC more safely and effectively.