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BitTorrent Foundation BTT tokens

BTT airdrop for Tron Holders! Checkout available crypto wallets and exchanges

March 6, 2019

Following BitTorrent (BTT) airdrop announcement, we would like to confirm that the exchanges and wallets below will support our airdrop program starting on February 11th, 2019, when TRON’s block height reaches 6.6 million*.

The list that follows will be updated as needed:

Binance

OKEx

Huobi

Bithumb

Upbit

Gate.io

Trust Wallet

Bitpie

Cobo

Bibox

Cointiger

MBAex

CoinEx

FCoin

WazirX

CoinEgg

Ellipal

BitForex

Dragonex

Tronscan.org

Vena Pi

Bitrue

ABCC

Tokenomy

Coinsuper

Livecoin

Koinex

Bit-z

Indodax

MXC

Kucoin

Bittrex International

Coinspot

Bitbns

Bitfinex

Sistemkoin

Hitbtc

Atomic Wallet

Bitexbook

Swft Blockchain

TronWallet

Coinw.ai

Changelly

TronLink

Coinexmarket

TRX Market

Exrates

Satowallet

Cross Exchange

DigiFinex

BikiCoi

Koineks

CoinAll

55.com

BitMax

BitMart

ExShell

If you are holding your TRON (TRX) on those platforms you will not have to do anything when the airdrop starts. Keep in mind, more platforms will be added to the list.

The ratio of BTT airdrop on February 11th, 2019 is approximately 1 TRX = 0.11 BTT, due to the uncertainty of TRX block rewards and coin burn, the final ratio may be different, the following airdrop ratio will be announced later.

The ratio of BTT airdrop on March 11th, 2019 is approximately 1 TRX = 0.01 BTT, due to the uncertainty of TRX block rewards and coin burn, the final ratio may be different, the following airdrop ratio will be announced later.

For general questions, please email airdrop@bittorrent.com

For technical questions, please email btt@bittorrent.com


*TRON blockchain’s activity, including block height can be monitored here.

Be careful with scams and bear in mind that BitTorrent & TRON will not ask you to send any token in exchange of eventual airdrops. Please visit our official website or connect with us social media for further information and official announcements:

Facebook

Twitter

Telegram

Discord

Instagram

LinkedIn

YouTube

Medium

Or on Justin Sun Twitter and Facebook.

Sources: https://medium.com/bittorrent/exchanges-and-wallets-supporting-bittorrent-btt-airdrop-program-e0dd21b83ecc

“Cheaplolboost.com gathers cryptocurrency news and is not a website for financial advice.” 

BitTorrent Foundation BTT tokens Poppy

BTT card is coming! GRID X BitTorrent partnership

February 16, 2019

Troncard is proud to announce its first partnership. GRID X BitTorrent celebrates the debut of BitTorrent (BTT), a new utility token running under the TRON Blockchain.

Introducing GRID X BitTorrent

This one of a kind card is preloaded with TRON (TRX) and designed to support BitTorrent (BTT). Simply choose the amount of TRX you want on the card, 15,000, 50,000 or 100,000 TRX, and receive a bonus amount of BTT included on the same card. Card holders will also be eligible for the official airdrop program, and receive an amount of BTT in proportion to the balance of TRX held on the card at the time of the airdrop.

The card will be available for pre-order on Troncard.io starting on February 18th, 2019 at 8 PM UTC.

                                                                GRID X BitTorrent bonus chart

GRID X BitTorrent Features

Card Rewards

The BitTorrent card earns rewards on your account balance, whether you use your card or not. The BitTorrent card will earn 1.5% annual interest on TRX held, in addition to supporting the BTT airdrop program.

The BitTorrent card will support BTT airdrops in proportion to the balance of TRX held on the card at the time of said airdrop.

Smart

Fully integrated with Poppy, the card is able to create a secure payment system. It will also feature an automated claim service to enable users to securely withdraw funds through the Troncard.io dashboard.

Fast Secure Transactions

Troncard has built a proprietary payment solution on the TRON Blockchain to ensure transactions are processed quickly and securely.

Fully Recoverable

Like TronCard, the BitTorrent card will be fully recoverable if lost or stolen and requires no private key to remember after your card is registered.

Easy to Gift

GRID X BitTorrent cards are designed to be giftable. Purchase on Troncard.io and give them to friends and family. No knowledge of wallets, exchanges, the blockchain, or decentralization is required. Card holders can rest assured that their funds are secure and recoverable*, and with no private key, your account cannot be hacked and lose your funds.

Receive, store, and use BTT on the go for online and offline purchases — at the cafe next door or on Internet. Using digital currencies has never been easier.

                                        GRID X BitTorrent BTT Overview

What is GRID

GRID is a card powered by the TRON Blockchain. It is a prepaid solution for buying, holding and gifting TRX. GRID earns a standard interest rate, is easy to use, and is recoverable if lost or stolen, once its been registered.

GRID holders can store their cards and forget them while continuing to earn interest on TRX held, or they can transfer funds to any other TRON wallet. GRID aims to be a versatile and secure way to hold your cryptocurrency.


Please visit BitTorrent (BTT) official website for more information about BTT.

For more information and real-time updates about Troncard and GRID, please visit Troncard’s official website, or connect with Troncard’s social media on Telegram, Twitter, Facebook, Instagram, or on Sesameseed’s official website, Telegram, Twitter, Facebook, Instagram, LinkedIn, YouTube, and Medium.

For general questions, please email hello@troncard.io.

 

Sources and images: https://medium.com/bittorrent/grid-x-bittorrent-partnership-cards-3b025e6072dc

BitTorrent Foundation Justin Sun TRON FOUNDATION

Tron’s BitTorrent Token Airdrop starting Feb 11th 2019 until 2025

February 16, 2019

The first thing to know about the BitTorrent Token (BTT) airdrop is that it’s not just a one-off event.

This first one begins a series of monthly airdrops that will run until February 2025.

There are 990 billion BTT tokens created on the Tron blockchain. Of those, 10.1 percent have been designated for airdrops to TRX holders over the next six years, starting on Monday. Furthermore, the monthly airdrop will get bigger as time goes on, increasing once every February.

“Think of Tron and BitTorrent like a razor and a blade,” Justin Sun, founder of Tron and CEO of BitTorrent, told CoinDesk via a spokesperson. “You need both together to create a new internet economy driven by decentralization. We are seeding BTT to deliver a marketplace of innovations and applications across the web.”

When the Tron blockchain reaches a block height of 6.6 million, the team will take a snapshot of TRX balances and split up the first airdrop proportionally to all TRX holders. The first 12 airdrops will each distribute 990 million BTT tokens. Holders of one TRX will receive 0.11 BTT next week, according to Binance.

Currently ranked the eighth largest blockchain by market capitalization according to CoinMarketCap, Tron is currently worth $1.75 billion as of this writing. That’s down in value compared to when the ERC-20 version of TRX migrated to Tron’s standalone blockchain, which then stood at $3 billion.

Last June, Tron acquired BitTorrent, one of the oldest decentralized protocols on the internet. Then it announced it would create a new token called BTT for use with its file-sharing services. The public sale for that token sold out almost instantly, much like early sales during the initial coin offering (ICO) craze.

Is BTT safu?

Though Binance has been communicating all the information about the BTT distribution, users don’t need to hold their tokens on the exchange to receive the free tokens.

Two wallets that were featured at niTROn Summit 2019 have confirmed that their users are all set to receive airdrops of TRC-10 tokens (the standard used to create BTT). Tron Wallet and Trust Wallet have both confirmed that they are ready to support the airdrop, as have exchanges Binance, OKEx and Huobi.

“We support TRX, TRC-10 tokens, and if you control your keys, you will get an airdrop of BTT,” Viktor Radchenko of Trust Wallet confirmed to CoinDesk over Telegram. We previously spoke to Rachenko when non-fungible tokens were the hot topic in crypto.

“There’s not anything left to do,” Fred Terenas, who runs business development for Tron Wallet, told CoinDesk, adding that his team is still getting that question endlessly.

Terenas has noticed one action advanced users are taking to get ready.

With the forthcoming initial BTT airdrop, he said, holders of other TRC-10 tokens are moving to TRX to get the free BTT. “Some people go out and get rid of whatever they have to get the airdrop,” he said. This has led to short-term price drops for TRC-10 tokens, though Terenas expects many users to return to their original holdings after they receive some BTT.

Planned chaos

This dynamic, however, could play out each month. Such movements to and from TRX will make for an interesting ongoing experiment.

With its long airdrop plan for BTT, Sun’s Tron has positioned TRX as the proverbial gift that keeps on giving.

The total monthly airdrop will increase five times over the next few years, ending at 1,402,500,000 BTT per month in February 2025.

That said, if this is a strategy by Tron to encourage its supporters to HODL, Turing Advisory’s token economics expert, Sid Kalla, doesn’t see it working.

“In general, the price of a token can drop much more than what the airdrops are worth,” he said, “so this should not be seen as a ‘long-term hold’ strategy for TRX holders, going by the history of airdrops in the space.”

Kalla does foresee advantages for Tron’s partner, Binance, however.

“One thing that jumps out is the set date on which the balances are eligible for the airdrop. This is bound to increase volatility and trading volume around this date, which is likely good for Binance,” Kalla noted, while acknowledging he couldn’t be sure:

“There is not too much precedent here with a long airdrop.”

 

Sources: https://www.coindesk.com/what-to-know-about-this-weeks-bittorrent-token-airdrop-on-tron?utm_source=social&utm_medium=Hootsuite&utm_campaign=

Image: (Photo by Brady Dale for CoinDesk)