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The Blockchain revolution assured investors that their coins would remain private and confidential. Nowadays, it is an asset type that is heavily regulated and, in some cases, has even been adopted as legal cash. BitTorrent Token (BTT) is a prominent cryptocurrency that has joined the growing digital assets in the Web 3.0 era.
Many decentralized applications, like DLive, BitTorrent Speed, and the BitTorrent File System, are powered by the token, among them. BTT is expected to be the catalyst for developing the largest decentralized file-sharing network in the world.
What Is BTT?
A prominent peer-to-peer (P2P) file-sharing protocol, BitTorrent is utilized by everyone from independent filmmakers looking for a distributor to corporations wishing to distribute or synchronize enormous files worldwide. With the help of the BitTorrent protocol, companies may upgrade their platforms and deliver data more quickly. BitTorrent continually consumes the most available internet file-sharing bandwidth due to its high efficiency.
Downloading and sharing files via BitTorrent has been around since 2001. A few years ago, BitTorrent was purchased by the TRON blockchain network. Justin Sun created the BTT token to facilitate the payment of services on the file-sharing web. BTT is one of the most oversized trx20 tokens on the TRON network, and it is secured by the delegated proof of stake system used by the network.
What Is BTTC?
BitTorrentToken (BTT) has been replaced with BTTC since the launch of BitTorrentChain. As a result, numerous cryptocurrency exchange services will replace all existing BTT balances from the account at a rate of 1 BTT = 1,000 BTTC to collaborate.
To Exchange BTT Tokens, Follow the Steps Below:
The holder can swap BTTOLD for BTTC using one of two methods, which differ depending on where the holder keeps their BTTOLD.
Switch BTTOLD for BTT on Exchanges
If you possess BTTOLD on a centralized exchange, you must closely monitor their pronouncements to see whether or not they accept this BTT redenomination strategy.
Token Swapping on Centralized Exchanges
Exchanges that allow BTT redenomination will switch your token for you automatically, saving you from having to perform any operations yourself.
BTT to BTTC Token Swapping on Decentralized Exchanges
If your exchange does not yet enable redenomination, you can withdraw BTTOLD to a decentralized wallet and then swap the token using “Get BTT ” on the BTTC app’s website if that exchange supports it.
What Are the BTTC Price Prediction for 2022?
BTTC has maintained its position as among the most aggressive cryptocurrencies available today. A $0.01356626 is possible for the BitTorrent coin by 2022, which is the highest potential value. For 2022, the average cost of Bittorrent Coin might be about $0.00000745 if the market continues to develop at its current pace. BTTC tokens can reach as low as $0.00000531 if the market becomes bearish.
Conclusion and Future of BTTC
If its aggressive marketing strategy is maintained, the BitTorrent coin will have a promising future in 2022. Because BitTorrent has shown such promise, BTTC can be a tremendous investment compared to other assets in the cryptocurrency sector. This is true only if the funds are invested appropriately and with the proper price measure, as predicted by our BitTorrent price prediction.