Where to Buy BitTorrent Coin and How Does BitTorrent Work?
If you are wondering how to buy BTT crypto, you have come to the right place. This article will also tell you what BitTorrent is, and where to buy BitTorrent coin, by the way, the best choice is StealthEX. All this and much more in our new article. So let’s roll.
What Is BitTorrent?
BitTorrent is a world’s largest file-sharing platform. It also has a decentralized, open-source, peer-to-peer cryptocurrency based on this BiTorrent platform.
Bram Cohen – digital developer and entrepreneur – founded BitTorrent in 2001. He wanted to create a platform that would enhance the process of obtaining media materials online. Since then, Cohen has gone through many legal issues, where he always had to prove that his project doesn’t break copyright laws, claiming that users simply share files among themselves. Later in July 2018, the owner of the Tron platform Justin Sun purchased BitTorrent for $140 million.
What Is BTT Coin?
After that, BitTorrent became a blockchain-based system and it then got its own native TRC-10 token BTT which was launched on Binance Launchpad. The BTT coin is used amongst all the various BitTorrent products. It also can be used as a long-term investment or as a payment method, as a normal cryptocurrency.
Since then there has been launched a wide variety of products. They offer advanced opportunities such as “premium” versions of the platform, VPN capabilities, and ad-free service.
How Does BitTorrent Work?
The BitTorrent ecosystem offers to users a peculiar system of operation, where the shared amongst users file is called Torrent, and the process of sharing Torrents with other users is known as seeding. All the nodes – computers – that take part in the files distribution are called swarms. The users of BitTorrent get rewards for seeding with BTT tokens. This system contributes to the speed of the file downloading whereas spending less amount of energy and money on the platform.
Where To Buy BitTorrent Coin?
To buy BTT token, it’s better to access StealthEX, a convenient and user-friendly cryptocurrency exchange. The process is private, and everyone can buy digital assets instantly without worrying about their safety. You can select more than 350 different cryptocurrencies with no need to provide many details. And by the way, soon we will publish an article with BTT coin price prediction, so stay with us.
How To Buy BTT Crypto?
First, you should choose Ethereum in the left drop-down list. Then choose BitTorrent coin in the right list of coins.
After setting the pair it is necessary to enter the amount of ETH you want to exchange.
Here you will see the estimated amount of BTT coin that you will receive after the exchange.
Now when everything is set for the exchange, press the START EXCHANGE button and you will be taken to the next page.
As the second step, you need to provide the BTT token recipient address. The recipient address must match the cryptocurrency you are going to receive. Remember to double-check the information you enter prior to the exchange as the transaction you make cannot be canceled.
As soon as you have carefully checked all the details, you can press the NEXT button and you will be redirected to the CONFIRMATION page with the information about the exchange.
Pressing the NEXT button you will be redirected to the EXCHANGE page.
At first, you will see the address where you need to send your ETH coin to continue the exchange. StealthEX will also provide you with the exchange ID. It will allow you to keep all the information about the swap. It is recommended to save your exchange ID or the link to your exchange.
After sending Ethereum to the shown address, the information on the EXCHANGE page will be renewed automatically. The EXCHANGE page has several statuses that will change during the time of the exchange.
- The first status is Awaiting deposit.
- The following status is Confirming. This means that StealthEX is confirming the transaction you made.
- The next status is Exchanging. During this time the exchange is being made.
- Then the status will be changed to Sending to your wallet. This indicates that there are just a few minutes left until you will receive your BTT coin.
Completion Of The Exchange
Finally, you will be redirected to the FINISH page. This shows that the exchange has been successfully made and you will receive crypto to the address provided. To be sure that BTT was sent to your wallet you can also use the Output hash shown on this page and check it in the BitTorrent blockchain list of transactions.
From here you can either create a new exchange on StealthEX.io or leave the page and check your BitTorrent coin wallet to be surprised at how fast you got BitTorrent crypto. Usually, the process is quite rapid so you won’t need to wait long.
And by the way, don’t forget that now our users can purchase cryptocurrencies using fiat and we still offer the opportunity to buy crypto at fixed rates!
We are always ready to give you support if you have any issues with exchanging coins. Our team does our best to protect all members and answer their questions. For all requests message us via [email protected]
You are more than welcome to visit StealthEX exchange and see how fast and convenient it is.
June 22, 2021