BitTorrent Token Review: Beginner's Guide

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⛓️ 🔗 Helpful Links 🔗 ⛓️

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📱️ Socials 📱

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📝 Overview 📝

The BitTorrent Token is the BitTorrent file sharing protocol which is one of the world's largest.

Bittorrent facilitates peer to peer file sharing. Users act as seeds for particular files and peers can connect to the network and download from these seeds – this is the original function and purpose of the protocol.

There are a whole host of benefits that come with the tokenization of the protocol.

"BitTorrent Speed" is designed to use financial incentives on the BitTorrent network. Peers will now be able to make payments in BTT to increase their position in download queues and speed up the download process.

There are other use cases for BTT Tokens including:

- A content delivery system where users will advertise their bids and pay BTT to receive content faster.
- A storage platform where users can pay for additional storage or get paid to offer storage.
- And, finally, A proxy service where users with unreliable internet connectivity can pay a client to retrieve content by URL.

The BTT token was issued on top of the Tron blockchain which makes it a TRC10 token.

It was sold in a Binance launchpad Initial Exchange Offering in late January.

In total the sale saw them taking in the equivalent of 7.2 million dollars – this is on top of the 20 million dollar private sale they completed prior to it.

TRX holders are receiving BTT tokens through a number of airdrops.
For example, there was an initial airdrop that took place in February of 2019 – quite a sizable one actually.

This Airdrop will also continue on a monthly basis for a number of years into the future.

BTT is listed on a number of exchanges. These include the likes of Binance (of course), OkEX, Upbit, Huobi etc.

There are strong volume levels across these exchanges.

If you wanted to store the coins in a wallet then any TRC10 compatible wallet should do.

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#BTT #BitTorrent #crypto #blockchain #Review #Tron #TRX #Binance #trading #Torrent #cryptocurrency #TRC10

[ence_]

we really need a new video about this my man!

[Polovene]

Wow this guy really has talent for the camera. Compare how he reads the prompt now (april 2021) compared to this video (april 2019)
Excellent

[TheMotoKing]

Love checking out your older videos, they have always been good! 👍

[kavyacreddy]

Please provide an update on where BTT stands with the current market scenario

[luisalvarez]

Would Love to see a revised and your current market review of BTT!

[thehound]

Ive been holding a million for a while. Hopeful BTT blows up

[christolw]

Just finding out about this coin today, wanted to do some research, thank you. Very helpful

[healthfadsverified]

It's been a year, may we have an update video please. Maybe covering tokonomics

[orgonewarrior]

I'm hodling, for now anyway....
Saw some of your videos on bitchute, couldnt believe it was you, much respect, i had some watching your yt videos, because of your exellent quality content, only to learn that this is a 'sideshow'. Mad respect to you Guy, i dont know how to put it, you are full spectrum.
Best regards from Belgium

[franktowers]

ur production quality has improved a lot! same great content 'n info. cheers, bro

[Mariegym]

I just loaded up on these stocks coin, but my question is how can I make a profit, I read articles of an investor that made over half a million after a couple trades within 6 months or so and I'd appreciate a clue on how to make a better profit.

[trinityproduction]

I’m holding 20.000.000 BTT’s bought 0.000257.
Even if this thing goes to 0.01 I will make 1.995.000 million Dollars profit. See you in the Maldives ❤️❤️❤️❤️

[ruperttinker]

Guy, on your website I am stunned to see that in the wallet review section, there is no Daedlaus wallet!!!! Come on dude, I came back through your videos to find the old ones you did haha! You have worked very hard for the last few years and you genuinely deserve every one of your 1.18million followers. Excellent content. Jus don't miss one of the most secure and powerful wallets on the planet next time aye. Enjoy your sunday mate, gona pop for a bear in canning town later lol

[REBroker]

BTT is taking off and nobody is talking about it right now...???🤔

[BitcoinSpreedshop]

I think BTT or BitTorrent is the "Mastermind" of Bitcoin and all Altcoins.

[Krishna-jlqh]

Please do a updated video, BTT is migrated to BTTC, I think lot of confusion is there.. I don't know nothing about it.

[MarkMSmith-hcdm]

Considering the fact that BTT is associated with the world's largest user base at this moment (2 Billion) and there are so many sceptics; presents a strong opportunity vibe.

[alexanderchenf]

You need to get yourself a Patreon with exclusive service. I would donate. You have been helping me making tens of thousands of USD.

[nicolaguarda]

I'm holding! Please make a new video for doge and btt 🤩💣 by from italy!

[joeh]

We d love a new video about BTT please and thank you for everything u do for us