What is the current price of BitTorrent (BTT)?

The current price of BitTorrent (BTT) is 0.0000011491289498055 AUD, representing a +3.66 from the day prior.

Can I buy BitTorrent (BTT) on Coinstash?

Yes - you can easily buy and sell BitTorrent (BTT) on Coinstash. Simply login or sign up, to start buying BitTorrent (BTT) in minutes.

Where is the best place to buy BitTorrent (BTT) in Australia?

The best place to buy BitTorrent (BTT) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell BitTorrent (BTT) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of BitTorrent (BTT)?

The trading volume of BitTorrent (BTT) is 38.4M AUD in the last 24hrs, representing a +3.66 from the day prior.

How can I buy BitTorrent (BTT)?

BitTorrent (BTT) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of BitTorrent (BTT)?

The current market cap of BitTorrent (BTT) is 1.1B AUD.

Can I convert BitTorrent (BTT) to cash?

Yes - With Coinstash you can convert your BitTorrent (BTT) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many BitTorrent (BTT) are there?

The current circulating supply of BitTorrent (BTT) is 986.1T.

Is Coinstash a safe place to buy BitTorrent (BTT) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling BitTorrent (BTT) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy BitTorrent (BTT)

What is BitTorrent?

BitTorrent (BTT) is a decentralized file-sharing protocol that enables users to exchange data and electronic files over the internet in a peer-to-peer (P2P) network. It uses blockchain technology and cryptographic algorithms to secure and facilitate the process, making it anonymous and efficient. The BitTorrent network operates without a central authority, empowering users to share bandwidth and storage space through a system that incentivizes participation using its native token, BTT.

How does BitTorrent work?

BitTorrent operates on a peer-to-peer network where files are divided into smaller pieces and shared among users, known as seeders and peers. Seeders are users who have the complete file and share it with peers, who download parts of the file from various seeders simultaneously. The BitTorrent protocol allows for effective and high-speed distribution of large files without burdening a central server. Additionally, the BitTorrent Chain (BTTC) integrates blockchain technology for cross-chain interoperability and enhanced security, using Delegated Proof of Stake (DPoS) as its consensus mechanism.

What are the potential use cases for BitTorrent?

BitTorrent has numerous use cases that leverage its decentralized file-sharing capabilities:

File Sharing and Storage: Facilitates high-speed downloading and storage through BitTorrent Speed and BitTorrent File System (BTFS).
Content Delivery: Provides efficient content delivery systems that allow users to pay for faster access using BTT.
Proxy Services: Users can pay for proxy services to access files with poor internet connectivity.
Decentralized Applications (dApps): Supports the creation of dApps that enhance file-sharing and storage.
DeFi and Cross-Chain Interoperability: Utilises the BitTorrent Chain for interoperability across blockchains like Ethereum and TRON, enhancing its DeFi applications.
Partnerships and Collaborations: Integrated into platforms such as CoinPayments for easy transaction processing.

What is the history of BitTorrent?

BitTorrent was invented by Bram Cohen in 2001 as a revolutionary file-sharing protocol. Its development was influenced by Cohen's experiences with MojoNation, a platform that introduced the concept of decentralised file sharing. BitTorrent Inc. was formed in 2004 by Cohen, along with his brother Ross Cohen and Ashwin Navin. Over the years, BitTorrent gained popularity for its efficiency in distributing large files and underwent significant milestones including a strategic acquisition by TRON in 2018, marking its integration with blockchain technology. The release of the BitTorrent Token (BTT) in 2019 further aligned BitTorrent with the decentralised financial ecosystem, enabling incentivised participation in the file-sharing process.