BitTorrent is presently the “biggest decentralized P2P communications protocol” in the world, according to its official literature.
What Is BitTorrent [BTT]?
BitTorrent is a prominent peer-to-peer (P2P) file sharing and torrent network that has recently grown more decentralized.
BitTorrent, which was first distributed in July 2001, was bought by the blockchain platform TRON in July 2018.
BitTorrent has introduced a number of additional capabilities after its purchase, including a dedicated native cryptocurrency token, BTT, which was published in February 2019. TRON’s own blockchain, which uses the TRC-10 standard, was used to create BTT.
A Step-by-Step Guide to Purchasing BitTorrent (BTT) Quickly
Step 1: Create An Account
To buy BTT coins, you have to choose an exchange that is trustworthy and reliable. Then create an account on that exchange. We would recommend Binance or Coinbase crypto exchange platforms on which you can exchange your favorite cryptocurrencies. On the signup page, fill in all your personal information and secure your account with a password.
Step 2. Deposit Money
After creating an account, you have to fund it. You can choose any payment method such as credit/debit card, Paypal, bank transfer, etc. We would prefer that you start with a little initial investment.
Step 3: Purchase BTT
When you successfully fund your account with money, you have to buy Bitcoin with fiat money. Then you can convert your BTC to BTT cryptocurrency. Then, purchase a wallet and store your BTT coins in your wallet to secure them and trade them whenever you need them.
How To Purchase BitTorrent (BTT) Using A Variety Of Methods?
Purchasing BitTorrent is fairly simple these days. You may pay with cash, a credit card, or even PayPal if you choose. However, you must still take a few steps to complete it – which is why we created this simple guide for you! It is divided into sections; simply follow the one that corresponds to your mode of purchasing.
How to Buy BitTorrents [BTT] Using a Credit Card or Debit Card?
Your initial step will always be to purchase Bitcoins or Ethereum using a credit card. After that, they can be converted to BitTorrent.
Take the following steps:
- Purchase Bitcoin or Etherium from a reputable exchange.
- Transfer Bitcoin or Etherium to a cryptocurrency exchange that accepts BitTorrent.
- Finally, convert your Bitcoin or Etherium into BitTorrent.
How To Buy BitTorrent [BTT] Using PayPal?
You can also choose Paypal Method to purchase BTT coins. Millions of people trade cryptocurrencies and altcoins with Paypal. But, there is no method to buy BTT directly with fiat money. You have to make a purchase of Bitcoin or Ethereum from any exchange of your choice. Then, you can transfer your BTC coins to BTT.
How To Buy BitTorrent [BTT] Using eWallets (Skrill, Neteller)
Just like any other method, you can choose eWallets method (Skrill, Neteller) to acquire altcoin such as BTT. Skrill is a worldwide payment system that allows users to immediately deposit or transfer payments. Skrill serves over 200 nations around the world and allows users to transfer money in over 40 currencies, making it one of the simplest methods to purchase bitcoin (BTC) globally.
How To Buy BitTorrent [BTT] Using a Bank Wire
The cheapest way to purchase BTT is through a bank transfer method. Millions of people feel comfortable buying cryptocurrencies using the bank transfer method. The transaction fee is very low that everyone can afford. however, it might be time-consuming. If we compare the bank transfer method with other methods, then we would come to know that buying with a credit/debit card is the quickest option but it will be an expensive method.
How to Buy BitTorrent [BTT] Using Payoneer?
On your Payoneer account, select Buy Bitcoin from the drop-down option to purchase BitTorrent. Choose Payoneer as your payment method, enter the number of bitcoins you want to buy, choose your desired currency, and then click Find offers. Examine the many Bitcoin providers and select the one that offers you the best price. After that, you may exchange your Bitcoins BTC for BTT.
FAQs
What Security Measures Does The BitTorrent Take?
BitTorrent claims to utilize “the greatest degree of security procedures” to protect user payments but warns that cryptocurrency comes with its own set of risks.
Users should utilize features such as biometric verification to safeguard themselves from theft in the form of malware or similar programs, according to the business.
Where Can You Buy BitTorrent BTT?
If you’re looking for an exchange to purchase BitTorrent, the best cryptocurrency exchanges to use right now are Binance, Huobi Global and OKEx.